The Palos Verdes Dr. South area of Rancho Palos Verdes (area 169 in map below )had the following real estate market activity for single family residences during the 1st Quarter of 2013 :

Properties Sold: 11

Address Price Bd Bth Sq ft $/Sq Yr. Blt. MLS# Date of Sale Days on Market

4110 Palos Verdes DR S $745,000 3 3.00 1,941 $383.82 1955 PV13002646 1/31/13 279

3648 Vigilance DR $1,087,500 4 3.00 2,406 $452.00 1964 PV12141703 1/16/13 32

4030 Admirable DR $1,098,888 4 3.00 2,302 $477.36 1959 IG13001161 2/26/13 191

32317 Phantom DR $1,140,000 4 2.00 2,061 $553.13 1963 PV12127465 3/19/13 159

57 Narcissa DR $1,300,000 2 2.00 1,568 $829.08 1965 SB13000136 2/05/13 5

20 Cinnamon LN $ 1,453,750 4 3.00 2,459 $591.20 1954 PV12154758 2/22/13 58

46 Seawall RD $1,550,000 4 2.00 1,848 $838.74 1951 V12125473 2/22/13 120

4364 Admirable Drive $1,650,000 4 5.00 4,000 $412.50 1956 S11096099 3/05/13 589

5 Packet RD $1,700,000 4 4.00 3,828 $444.10 2007 SB12149537 3/20/13 395

32534 Seacliff DR $1,740,000 4 4.00 3,313 $525.20 1982 SB13009366 3/28/13 179

3303 Palo Vista DR $2,828,000 6 7.00 12,841 $220.23 1992 SB13018384 2/27/13 15

Average $1,481,194 4.0 3.50 3,506 $521 84

Average Sales Price of homes sold during 1st quarter: $ 1.0 million

rancho palos verdes

Properties for Sale as of 3/31/2013 11 ( A 31% decrease from a year ago, equal to a 3 months of inventory at the average number of homes sold each month in the last quarter of 4 ) Click Here for Current Properties for Sale

Mar. 13 Feb. 13 Curnt vs. Prev Month % Change Mar. 13 Mar. 12 Curnt vs. Same Month 1 Yr Ago % Change Jan. 13 to Mar. 13 Jan. 12 to Mar. 12 Curnt vs. Same Qtr 1 Yr Ago% Change
For Sale 11 9 22.2%

11 16 -31.2%

10 19 -47.4%

Sold 4 5 -20%

4 1 300%

4 2 100%

Pended 3 4 -25%

3 3 0% 5 2 150%

Average List Price at 3/31/2013: $ 3.0 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 426 per sq. ft.

Mar. 13 Feb. 13 Curnt vs. Prev Month % Change Mar. 13 Mar. 12 Curnt vs. Same Month 1 Yr Ago % Change Jan. 13 to Mar. 13 Jan. 12 to Mar. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 471.9 391.6 20.5%

471.9 445.1 6%

426.2 422.2 1%

Properties sold at an average of 97% of List Price

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.