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 2nd Quarter of 2011 :
Properties Sold: 7
Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.
26815 Basswood AV $750,000 3 2.00 1,538 $487.65 1957 V11046676 6/10/11 51
26447 Birchfield AV $780,000 3 2.00 1,291 $604.18 1956 V11027391 4/29/11 59
26588 Basswood AV $810,000 4 2.00 1,682 $481.57 1956 V11042681 6/22/11 24
27003 Springcreek RD $816,000 4 2.00 1,701 $479.72 1960 V11042177 6/10/11 41
27145 Whitestone RD $840,000 4 2.00 1,890 $444.44 1959 V11045349 5/18/11 38
5772 Capeswood DR $880,000 3 2.00 2,146 $410.07 1961 V11058406 6/14/11 28
5908 Waukesha PL $902,000 4 2.00 1,556 $579.69 1960 22150498 6/02/11 19
Properties for Sale as of 6/30/11: 18 This is a significant increase in inventory, twice the number of properties for sale compared to both last quarter and the prior years .
Average List Price at 6/30/11: $ 1.0 million
Average Sales Price of homes sold during 2nd quarter: $ .8 million
Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 498 per sq. ft.
Properties sold at an average of 99% of List Price
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