West Palos Verdes area of RPV 1st Quarter 2014 Market Report

Properties Sold: 4

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

30944 Rue De La Pierre $1,323,000 4 3.00 2,898 $456.52 1969 SB14028587 3/21/14 10
51 Paseo Del La Luz $5,400,000 5 8.00 7,699 $701.39 1999 SB13130013 1/28/14 189
37 Via Del Cielo $5,500,000 6 8.00 8,095 $679.43 2006 PV13242289 3/05/14 40
51 Via Del Cielo $6,080,000 5 8.00 8,547 $711.36 2008 PV12154567 1/14/14 363
Average $4,575,750 5.0 6.80 6,810 $664 151

Average Sales Price of homes sold during 1st quarter: $ 4.5 million (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.)

Properties for Sale as of 3/31/2014: 6( 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 3/31/2014: $ 6.8 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 664 per sq. ft.

Properties sold at an average of 92% 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.