Peninsula Center Area of Rolling Hills Estates and Rancho Palos Verdes 2nd Quarter 2013 Real Estate Market Report

The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 2nd Quarter of 2013 :

Properties Sold: 9

Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.

27793 Longhill DR $910,500 3 3.00 1,896 $480.22 1966 SB13089568 6/14/13 8

4613 Browndeer LN $1,050,000 3 2.00 2,001 $524.74 1965 PV13060610 5/24/13 9

27948 Beechgate DR $1,075,000 4 3.00 2,447 $439.31 1967 PV13055994 6/12/13 40

26630 Deepbrook DR $1,105,000 5 3.00 2,784 $396.91 1966 PV13087053 6/04/13 25

27433 Larchbluff DR $1,150,000 5 3.00 2,225 $516.85 1965 OC13053930 4/30/13 4

27755 Longhill DR $1,194,375 5 3.00 2,450 $487.50 1966 SB13051249 6/12/13 67

4826 Blackhorse RD $1,200,000 4 3.00 2,707 $443.30 1967 PV13081273 6/27/13 4

4909 Blackhorse RD $1,230,000 4 3.00 2,703 $455.05 1965 PV13081694 6/20/13 22

26905 Diamondhead LN $1,270,000 4 3.00 2,246 $565.45 1965 PV13069654 6/06/13 49

Average $1,131,653 4.0 2.90 2,384 $476 25

Average Sales Price of homes sold during 2nd quarter: $ 1.1 million

Properties for Sale as of 6/30/13: 5 Click Here for Current Properties for Sale

Jun. 13 May. 13 Curnt vs. Prev Month % Change Jun. 13 Jun. 12 Curnt vs. Same Month 1 Yr Ago % Change Apr. 13 to Jun. 13 Apr. 12 to Jun. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 5 2 150%

5 3 66.7%

4 3 33.3%

Sold 7 1 600%

7 1 600%

3 2 50%

Pended 4 6 -33.3%

4 3 33.3%

5 3 66.7%

Average List Price at 6/30/13: $1.1 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 476 per sq. ft., a 11% increase over the comparable quarter last year

Jun. 13 May. 13 Curnt vs. Prev Month % Change Jun. 13 Jun. 12 Curnt vs. Same Month 1 Yr Ago% Change Apr. 13 to Jun. 13 Apr. 12 to Jun. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 463.3 524.7 -11.7%

463.3 502 -7.7%

476.1 430.7 10.5%

Properties sold at an average of 102% 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://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.