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 2013 :

Properties Sold: 15

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

5541 Elmbank RD $800,000 3 2.00 1,124 $711.74 1956 SB13064582 5/16/13 27

5131 Kingspine RD $820,000 3 2.00 1,747 $469.38 1956 SB13010081 5/24/13 27

1 Rollingwood DR $838,000 3 2.00 1,700 $492.94 1959 PV13055576 5/10/13 17

5925 Finecrest DR $840,000 4 2.00 1,890 $444.44 1959 PV13005465 4/10/13 20

26939 Springcreek RD $850,000 4 2.00 1,670 $508.98 1960 PV13091352 6/11/13 5

5449 Bayridge RD $850,000 3 2.00 1,292 $657.89 1956 PV13054204 6/28/13 7

55 Rollingwood DR $865,000 3 2.00 1,832 $472.16 1956 PV13043944 4/18/13 35

5824 Ironwood ST $892,500 3 2.00 1,395 $639.78 1961 SB13063611 5/20/13 9

26442 Dunwood RD $895,000 4 2.00 1,595 $561.13 1956 PV13056174 5/28/13 10

26630 Shadow Wood DR $895,000 4 2.00 1,816 $492.84 1961 PV13066659 6/14/13 60

5714 Wildbriar DR $900,000 3 2.00 1,318 $682.85 1961 PV13072098 6/14/13 53

5544 Littlebow $912,000 3 2.00 1,952 $467.21 1958 PV13035702 6/10/13 98

26806 Fond Du Lac RD $1,050,000 4 2.00 1,890 $555.56 1957 SB13041026 4/19/13 30

5305 Waupaca RD $1,075,000 3 2.00 2,059 $522.10 1958 PV13035428 4/11/13 8

27119 Shorewood RD $1,259,000 5 4.00 3,233 $389.42 1958 PV13039830 4/11/13 5

Average $916,100 3.0 2.10 1,768 $525 27

Average Sales Price of homes sold during 2nd quarter: $ .9 million

Silver Spur Homes

Properties for Sale as of 6/30/13: 8, which is a 27% decrease in the number for sale this time last year ( About a 2 month inventory of unsold homes , with 4 homes in escrow) Click Here for Current Properties for Sale

Average List Price at 6/30/13: $ 1.2 million

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 8 3 166.7%

8 11 -27.3%

5 11 -54.5%

Sold 5 5 0% 5 8 -37.5%

5 5 0%
Pended 4 4 0% 4 4 0% 4 5 -20%

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 525 per sq. ft., a 19% increase from 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 547.6 561.4 -2.5%

547.6 451.4 21.3%

525.2 440.2 19.3%

Properties sold at an average of 100% 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.