The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 1st Quarter of 2013 :

Properties Sold: 13

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

5454 Eau Claire DR $690,000 3 2.00 1,460 $472.60 1958 S12109793 1/25/13 103

27773 Hawthorne BL $700,000 3 2.00 1,442 $485.44 1959 S12057236 2/28/13 170

5560 Littlebow $764,300 3 2.00 1,472 $519.23 1958 PV12144301 2/05/13 56

5902 Waukesha PL $826,000 3 2.00 1,778 $464.57 1960 SB12139708 1/10/13 31

27711 Hawthorne BL $750,000 5 2.00 2,317 $323.69 1958 S698817 1/30/13 97

5811 Ironwood $860,000 4 2.00 1,890 $455.03 1961 PV13043244 3/13/13 2

27109 Pembina RD $890,000 4 2.00 1,659 $536.47 1958 SB12136712 1/18/13 47

5262 Willow Wood RD $895,000 3 2.00 1,476 $606.37 1956 SB13008074 3/01/13 12

26916 Springcreek RD $935,000 3 2.00 1,642 $569.43 1960 SB13015419 3/12/13 27

5747 Wildbriar DR $950,000 4 2.00 2,072 $458.49 1961 PV12127156 1/25/13 67

27016 Springcreek RD $1,065,000 4 3.00 2,183 $487.86 1960 SB12152085 3/01/13 50

5282 Willow Wood RD $1,089,000 4 3.00 2,855 $381.44 1956 S12119223 2/01/13 309

5912 Mossbank DR $1,175,000 4 3.00 2,368 $496.20 1971 PV13002371 3/05/13 49

Average $891,485 4.0 2.20 1,893 $481 78

Average Sales Price of homes sold during 1st quarter: $ .9 million

Silver Spur Homes

Properties for Sale as of 3/31/13: 4 , which is a 67% decrease in the number for sale this time last year ( About a 1 month inventory of unsold homes , with 5 homes in escrow) Click Here for Current Properties for Sale

Average List Price at 3/31/13: $ 1.4 million

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 4 1 300%

4 12 -66.7%

2 12 -83.3%

Sold 5 3 66.7%

5 6 -16.7%

4 5 -20%

Pended 5 2 150%

5 3 66.7%

5 4 25%

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 470 per sq. ft., unchanged from the comparable quarter last year

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 515.7 442.5 16.5%

515.7 423.3 21.8%

470.6 470 0.1%

Properties sold at an average of 99% 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.