The West Palos Verdes area of Rancho Palos Verdes ( area 170 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2013 :

Properties Sold: 7

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

7265 Berry Hill DR $900,000 4 3.00 2,169 $414.94 1961 SB13154606 12/10/13 124

30011 Via Victoria $1,375,000 3 4.00 2,761 $498.01 1991 SB13088734 11/08/13 223

30502 Palos Verdes DR W $1,725,000 5 4.00 3,884 $444.13 1998 SB13166930 11/29/13 67

32 Pacifica Del Mar $3,200,000 4 5.00 4,174 $766.65 2004 SB13214135 12/03/13 33

20 Via Del Cielo $3,450,000 4 6.00 7,031 $490.68 2000 SB13025549 12/31/13 301

38 Pacifica Del Mar $4,000,000 4 6.00 5,400 $740.74 2004 PV13110549 11/25/13 167

7455 Alida PL $4,350,000 6 8.00 6,828 $637.08 2001 PV13155791 11/10/13 192

Average $2,714,286 4.0 5.10 4,607 $589 1994 158

Average Sales Price of homes sold during 4th quarter: $ 2.7 million

West Palos Verdes

Properties for Sale as of 12/31/13: 10 ( About 5 months of inventory based upon the average number of homes sold per month during the last quarter of 2 ) Click Here for Current Properties for Sale

Average List Price at 12/31/13: $ 7.2 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 589 per sq. ft.

Properties sold at an average of 90% of Original List Price

Note: The sales statistics for homes in the West Palos Verdes area may be distorted due to the fact that homes in the Ocean Front Estates next to the ocean are high end estate properties while the rest of the area to the east of Palos Verdes Drive tend to be more moderately priced older homes.

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.