The level of inventory of homes for sale of 117 homes in the City of Rancho Palos Verdes at the end of August is up about 41% compared to the end of August last year. The average number of homes sold per month over the last 3 months of 38 homes per month, is 5% lower than the comparable 3 month period last year. There are 42 homes in escrow at the end of August . Click here for a current search of homes for Sale in Rancho Palos Verdes.
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Address Sales Price Bd Bth Sqft $/Sq Yr.Built ML# Sold Date Days on Market
28745 Enrose AV $680,000 4 3.00 2,162 $314.52 1956 13715223 8/26/14 112
1808 Peninsula Verde DR $690,000 3 2.00 1,895 $364.12 1970 PV14099052 8/26/14 99
28712 Mount Rose RD $749,126 4 3.00 1,859 $402.97 1974 SB14139539 8/07/14 28
29625 Whitley Collins DR $850,000 4 2.00 1,697 $500.88 1967 SW14130386 8/25/14 21
6039 Flambeau RD $885,000 3 2.00 1,660 $533.13 1959 PV14151298 8/18/14 22
5908 Finecrest DR $900,000 3 2.00 1,662 $541.52 1959 SB14049973 8/20/14 108
12 Saddle RD $910,000 3 3.00 2,099 $433.54 1957 PV14129096 8/08/14 27
28116 Golden Meadow DR $950,000 4 2.00 1,816 $523.13 1962 PV14150328 8/26/14 16
5205 Sunny Point PL $955,000 3 3.00 2,409 $396.43 1959 SB14142097 8/10/14 22
4403 Miraleste DR $970,000 3 2.00 2,281 $425.25 1953 PV14011226 8/27/14 188
27424 Elmbridge DR $975,000 4 3.00 2,148 $453.91 1965 PV14130608 8/01/14 9
6411 Via De Anzar $1,040,000 4 3.00 2,279 $456.34 1969 SB14126609 8/29/14 67
26926 Diamondhead LN $1,060,000 4 2.00 1,834 $577.97 1965 PV14049029 8/20/14 99
28111 Braidwood DR $1,074,000 4 2.00 1,973 $544.35 1964 PV14142889 8/15/14 28
3610 Vigilance DR $1,075,000 3 3.00 1,906 $564.01 1964 SB14111810 8/15/14 20
29743 Knoll View DR $1,100,000 4 3.00 2,176 $505.51 1964 PV14092203 8/07/14 92
5606 Sunmist DR $1,100,000 5 3.00 2,468 $445.71 1965 PV14142911 8/21/14 23
5050 Golden Arrow $1,110,000 4 3.00 2,447 $453.62 1967 SB14119775 8/15/14 69
28313 Plainfield DR $1,125,000 4 3.00 2,032 $553.64 1963 SB14124018 8/06/14 30
2266 Sparta DR $1,139,000 3 3.00 2,378 $478.97 1960 PV14149187 8/26/14 29
6822 Verde Ridge RD $1,230,000 4 3.00 2,301 $534.55 1973 PV14092119 8/26/14 94
3485 Newridge DR $1,240,000 3 3.00 1,898 $653.32 1973 SW14154235 8/21/14 31
4313 Miraleste DR $1,275,000 4 3.00 3,269 $390.03 1956 PV14154224 8/18/14 6
6027 Montemalaga DR $1,325,000 5 4.00 3,610 $367.04 1979 PV14102371 8/22/14 48
3678 Vigilance DR $1,375,000 5 3.00 2,478 $554.88 1964 PV14127629 8/04/14 6
3849 Pirate DR $1,381,000 4 3.00 2,435 $567.15 1964 SB14133031 8/13/14 49
7307 Via Lorado $1,446,900 4 4.00 2,981 $485.37 1963 PV14119948 8/25/14 72
7051 Crest $1,520,000 3 3.00 2,808 $541.31 1964 PV14114046 8/29/14 92
30322 Rhone DR $1,525,000 4 2.00 2,677 $569.67 1961 PV14131064 8/07/14 5
7155 Crest RD $1,560,000 5 4.00 3,425 $455.47 1966 PV14104030 8/14/14 80
5809 Ocean Terrace DR $1,575,000 4 4.00 3,467 $454.28 1981 PV14114795 8/25/14 72
6410 Via Baron $1,699,000 4 5.00 4,645 $365.77 1984 PV14081341 8/15/14 116
5287 Rolling Ridge Rd RD $1,822,000 3 2.00 1,898 $959.96 1952 PV14123307 8/04/14 52
6788 Alta Vista DR $1,920,000 5 4.00 3,685 $521.03 1979 PV14133296 8/15/14 53
7 Marguerite DR $7,000,000 6 8.00 7,778 $899.97 1999 SB14173623 8/29/14 463
Average $1,349,458 4.0 3.10 2,587 $522 1966 67
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The average list price of homes offered for sale of $1.9 million is now 17% lower than this time last year. The average price of homes sold has been much lower than the average list price of homes, averaging $1.4 million over the last 3 months, a 13% increase over the comparable period last year.This indicates that the lower priced homes are selling faster than the higher priced homes.
Properties have been taking about 2 to 3 months to sell and sold for 96% of the original list price
With 117 homes currently for sale, and sales averaging 38 homes per month,there is currently 3 months of inventory
Combined with low interest rates, now is an excellent time to consider buying a home.
For other market reports for the Palos Verdes Peninsula, go to Market Reports on my website.
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For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.