The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2012 :

Properties Sold: 10

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

71 Rockinghorse RD $793,000 3 2.00 1,452 $546.14 1954 PV12146059 11/30/12 1

6421 Via De Anzar $850,000 4 2.00 2,309 $368.12 1956 V12069791 12/06/12 183

2532 Colt $860,000 4 3.00 2,878 $298.82 1960 V12015964 10/12/12 77

3133 Martingale DR $900,000 3 2.00 2,238 $402.14 1959 S12091172 10/30/12 58

2431 Sparta DR $910,000 3 2.00 2,395 $379.96 1966 V12116399 12/04/12 53

3255 Parkhurst $920,000 4 3.00 2,793 $329.39 1960 V12117667 11/26/12 43

2934 Crownview DR $1,050,000 3 4.00 3,329 $315.41 1967 S12125027 12/17/12 42

1 Coach $1,088,000 3 3.00 2,471 $440.31 1956 PV12128834 12/12/12 123

27601 Palos Verdes Dr East $1,146,500 3 3.00 2,800 $409.46 1957 S12096932 10/30/12 37

2 Toprail LN $1,265,000 3 2.00 2,261 $559.49 1960 S12100379 12/26/12 98

Average $978,250 3.0 2.60 2,493 $391

Average Sales Price of homes sold during 4th quarter: $ 1.0 million

Properties for Sale as of 12/31/2012: 13 , a 44% decrease from a year ago ( 3 months inventory based upon the average of 4 homes sold per month during the quarter ). Click Here for Current Properties for Sale

Dec. 12 Nov. 12 % Change Curnt vs. Prev Month Dec. 12 Dec. 11 % Change Curnt vs. Same Month 1 Yr Ago Oct. 12 to Dec. 12 Oct. 11 to Dec. 11 % Change Curnt vs. Same Qtr 1 Yr Ago
For Sale 13 20 -35%

13 23 -43.5%

18 24 -25%

Sold 5 2 150%

5 4 25%

4 5 -20%

Pended 6 8 -25%

6 1 500%

6 3 100%

Average List Price at 12/31/12: $ 1.7 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 391 per sq. ft. This was approx. 20% higher than one year ago

Dec. 12 Nov. 12 % Change Curnt vs. Prev Month Dec. 12 Dec. 11 % Change Curnt vs. Same Month 1 Yr Ago Oct. 12 to Dec. 12 Oct. 11 to Dec. 11 % Change Curnt vs. Same Qtr 1 Yr Ago
Avg. Sq. Ft. Price 404 404 0.2%

404 300 34.9%

391 327 19.8%

Properties sold at an average of 93% 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.