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 2013 :

Properties Sold: 8 ( A 27% decrease from the 11 homes sold during the 4th quarter of 2012 )

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

4391 Miraleste DR $700,000 3 1.00 1,413 $495.40 1952 SB13148742 10/09/13 77
6420 Via Colinita $900,000 3 4.00 4,352 $206.80 1975 WS13080833 10/28/13 3
3 Coach RD $980,000 3 2.00 1,906 $514.17 1957 SB13151633 12/17/13 90
29085 Palos Verdes DR E $1,285,000 3 2.00 2,326 $552.45 1954 PV13192351 12/06/13 46
32 Avenida Corona $1,400,000 5 3.50 3,860 $362.69 1958 13690447 12/20/13 121
27789 Palos Verdes Drive Eas $1,570,000 4 4.00 2,935 $534.92 1999 PV13179955 12/17/13 78
3441 Starline DR $1,750,000 3 3.00 3,393 $515.77 1960 PV13176907 11/22/13 80
4303 Via Frascati $1,790,000 4 3.00 3,050 $586.89 1974 SB13209379 11/26/13 44
Average $1,296,875 4.0 2.80 2,904 $471 1966 67

Average Sales Price of homes sold during 4th quarter: $ 1.3 million

Properties for Sale as of 12/31/2013: 16 , a 23% increase from a year ago ( 5 months inventory based upon the average of 3 homes sold per month during the quarter ). Click Here for Current Properties for Sale

Dec. 13 Nov. 13 Curnt vs. Prev Month % Change Dec. 13 Dec. 12 Curnt vs. Same Month 1 Yr Ago % Change Oct. 13 to Dec. 13 Oct. 12 to Dec. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 16 23 -30.4%

16 13 23.1%

21 18 16.7%

Sold 4 2 100%

4 5 -20%

3 4 -25%

Pended 6 6 0% 6 4 50%

6 6 0%
Average List Price at 12/31/2013: $ 1.8 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 444 per sq. ft. This was approx. 14% higher than one year ago

Dec. 13 Nov. 13 Curnt vs. Prev Month % Change Dec. 13 Dec. 12 Curnt vs. Same Month 1 Yr Ago % Change Oct. 13 to Dec. 13 Oct. 12 to Dec. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 474.7 549.4 -13.6%

474.7 404.5 17.4%

444.1 391.3 13.5%

Properties sold at an average of 91% 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.