Silver Spur Area of RPV / RHE 3rd Qtr. 2014 Real Estate Market Report

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 3rd Quarter of 2014:

Properties Sold: 25

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

6016 Mossbank DR $857,000 3 2.00 1,328 $645.33 1960 SB14124838 7/22/14 25

26309 Grayslake RD $870,000 3 2.00 1,318 $660.09 1961 PV14164782 9/16/14 46

6039 Flambeau RD $885,000 3 2.00 1,660 $533.13 1959 PV14151298 8/18/14 22

26316 Grayslake RD $897,500 4 2.00 1,670 $537.43 1961 PV14146621 9/30/14 13

5908 Finecrest DR $900,000 3 2.00 1,662 $541.52 1959 SB14049973 8/20/14 108

27123 Indian Peak RD $905,000 3 2.00 1,662 $544.52 1958 SB14082721 7/03/14 57

26303 Birchfield AV $920,000 3 2.00 1,593 $577.53 1956 PV14142852 9/30/14 109

27117 Grayslake RD $948,500 3 2.00 1,472 $644.36 1959 PW14046544 7/10/14 53

5506 Shoreview DR $990,000 4 2.00 2,041 $485.06 1958 PV14107556 7/31/14 70

26522 Dunwood RD $1,000,000 3 2.00 1,637 $610.87 1956 SB14114257 7/15/14 43

26861 Basswood AV $1,010,000 3 3.00 1,668 $605.52 1958 SB14070180 9/02/14 151

26729 Shadow Wood DR $1,015,000 4 2.00 1,956 $518.92 1961 PV14136813 7/25/14 13

26941 Grayslake RD $1,025,000 4 3.00 2,447 $418.88 1960 PV14096062 7/15/14 10

27031 Woodbrook RD $1,028,000 4 2.00 1,701 $604.35 1958 PV14104004 7/11/14 42

27759 Hawthorne BL $1,037,000 4 2.00 1,701 $609.64 1959 PV14086950 7/01/14 53

27102 Woodbrook RD $1,038,000 4 2.00 1,890 $549.21 1958 SB14154092 9/09/14 30

5107 Kingspine RD $1,050,000 3 2.00 1,674 $627.24 1956 SB14081366 7/30/14 84

27050 Indian Peak RD $1,079,000 4 2.00 1,890 $570.90 1958 SB14126599 7/29/14 31

5826 Flambeau RD $1,088,800 4 2.00 1,890 $576.08 1958 PV14108768 7/30/14 65

31 Silver Spring DR $1,115,000 3 2.00 1,979 $563.42 1957 PV14091575 9/05/14 126

11 Brokenbow LN $1,120,000 3 2.00 1,637 $684.18 1957 SB14160307 8/29/14 32

5131 Kingspine RD $1,210,000 3 2.00 1,747 $692.62 1956 PV14170320 9/16/14 5

5337 Bayridge RD $1,300,000 3 2.00 2,210 $588.24 1956 PV14170763 9/23/14 72

6027 Montemalaga DR $1,325,000 5 4.00 3,610 $367.04 1979 PV14102371 8/22/14 48

5905 Clint PL $1,945,000 4 2.00 2,500 $778.00 1960 PV14170033 9/21/14 9

Average $1,062,352 3.0 2.20 1,862 $573 1959 53

Average Sales Price of homes sold during 3rd quarter: $ 1.1 million

Properties for Sale as of 9/30/2014: 3 ( 1 month inventory of unsold homes ,

based upon the average number of homes sold per month during the quarter of 8, with 4 homes in escrow at the end of September)

Average List Price at 9/30/2014: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 573 per sq. ft., a

6% increase from the comparable quarter last year

For more Palos Verdes real estate market reports see the following link on my website: Market Reports