The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2013:
Properties Sold: 18 ( about the same as the 4th quarter of 2012 )
Address Sales Price BR BA Sq.ft. $/Sq.ft Yr. Blt. MLS # Dale of Sale Days on Market
26688 Crenshaw BL $650,000 3 3.00 2,342 $277.54 1961 PV13171376 11/05/13 21
27361 Rainbow Ridge RD $815,000 3 2.00 1,453 $560.91 1956 PW13139234 12/13/13 118
2255 N Palos Verdes DR N $900,000 2 2.00 1,714 $525.09 1953 SB13165432 12/06/13 64
35 Ranchview RD $920,000 3 2.00 1,503 $612.11 1955 SB13187390 10/29/13 46
37 Aurora $935,000 4 2.00 1,768 $528.85 1963 PV13187300 11/07/13 6
3536 Lariat LN $1,015,000 3 2.00 1,895 $535.62 1960 SB13171324 10/07/13 114
4171 Pascal PL $1,140,000 3 2.00 2,063 $552.59 1972 PV13182522 11/05/13 38
27046 Sunnyridge RD $1,201,000 3 2.00 2,208 $543.93 1956 PV13229123 12/20/13 9
27089 Sunnyridge RD $1,210,000 5 3.00 3,290 $367.78 1960 PV13130335 11/01/13 75
10 Sweetgrass LN $1,220,000 4 3.00 2,602 $468.87 1963 SB13144886 11/01/13 49
7 Lazy Creek LN $1,300,000 3 4.00 2,286 $568.68 1964 PW13167874 11/13/13 72
27581 Palos Verdes DR E $1,300,000 4 4.00 2,891 $449.67 1956 SB13060525 11/19/13 154
39 Moccasin LN $1,345,000 5 3.00 3,109 $432.61 1973 PV13112701 11/20/13 90
19 Seahurst RD $1,350,000 4 4.00 3,332 $405.16 1959 PV13156260 10/17/13 36
35 Deerhill DR $1,460,000 5 3.00 2,434 $599.84 1967 SB13103815 11/05/13 99
1 Ferncreek DR $1,600,000 4 3.00 2,335 $685.22 1959 SB13127274 11/04/13 66
9 Saddlehorn LN $1,875,000 3 4.00 2,600 $721.15 1959 PV13187291 12/16/13 44
52 Buckskin LN $2,200,000 6 4.00 4,376 $502.74 2008 PV13084148 10/03/13 119
Average $1,246,444 4.0 2.90 2,456 $519 1964 68
Average Sales Price of homes sold during 4th quarter: $ 1.2 million
Properties for Sale as of 12/31/2013: 4 ( A 50% decrease from this time last year ) Click Here for Current Properties For Sale . This is less than 1 month inventory of unsold homes based on the average number of 6 homes sold per month over the last quarter. There are 4 properties in escrow as of the end of December.
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Average List Price at 12/31/2013: $1.8 million
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 512 per sq. ft., a 15% increase over the comparable quarter last year.
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Properties sold at an average of 92% of original 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.