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About Los Angeles' Palos Verdes

Palos Verdes Peninsula / 2010 2nd Quarter Residential Sales Report

Andrew   Jones/LA Beach Cities Homes 310-399-3740: Real Estate Agent in Los Angeles, CA
APRIL/MAY/JUNE 2010
Beginning Date: 4/1/2010 Board Number: All Ending Date: 6/30/2010 Price Range: All
County: la City: PVE,PVP,RH,RHE Area: All

Residential Detached Sales Other Statistics
Price Class Bedrooms
2 OR Less 3 4 OR More Attached Detached Active Attached Active
$0 - $99,999 0 0 0 0 0 0
$100,000 - $149,999 0 0 0 0 0 0
$150,000 - $199,999 0 0 0 0 0 0
$200,000 - $249,999 0 0 0 5 0 3
$250,000 - $299,999 0 0 0 2 0 0
$300,000 - $324,999 0 0 0 2 0 0
$325,000 - $349,999 0 0 0 0 0 0
$350,000 - $374,999 0 0 0 0 0 1
$375,000 - $399,999 0 0 0 0 0 1
$400,000 - $424,999 0 0 0 0 0 0
$425,000 - $449,999 0 0 0 0 0 1
$450,000 - $474,999 0 0 0 0 0 0
$475,000 - $499,999 0 0 0 0 0 1
$500,000 - $549,999 0 0 0 0 0 2
$550,000 - $599,999 0 0 0 2 0 4
$600,000 - $649,999 0 0 0 1 0 3
$650,000 - $699,999 0 0 0 1 0 3
$700,000 - $749,999 0 0 0 1 0 2
$750,000 - $799,999 0 0 0 2 0 2
$800,000 - $999,999 0 6 2 1 14 4
$1,000,000 - $1,999,999 0 15 39 0 72 0
$2,000,000 and over 0 2 13 0 67 0
Totals 0 23 54 17 153 27
Average Price 0 1266.3 1786.8 460.7 2696.4 607.6
(In Thousands $)
Median Price 0 1120 1585 305 1895 619.9
(In Thousands $)
Time on Market UNITS
1-30 Days 13
31-60 Days 31
61-90 Days 17
91-120 Days 5
121-180 Days 9
More than 180 Days 18
Total Units Sold 94
Average Market Time 116.6

See Complete, Categorized, Up-to-Date MLS Listing for all Properties Available on the Palos Verdes Peninsula and L.A.'s Other Beach Cities at AJonesREALTOR's Website:

http://www.labeachcitieshomes.com/palos-verdes-real-estate.html

PALOS VERDES, CA. MARKET SUMMARY / First Half 2010

Residential sales in Palos Verdes performed extremely well in the 2nd quarter of 2010 with a total of 94 properties in May, June, and July, exceeding the 1st quarter total of 68 properties by almost 40%.

180 active listings are currently on the market in August with single family homes outnumbering condominiums for sale by over 4-to-1

The total sales volume of condominiums increased by over 20% in the 2nd quarter and home sales volume increased by almost 35%.

Average prices for single family homes and condominiums prices rose accross the board in the 2nd quarter due to stronger demand for higher end units.

Andrew Jones is a Los Angeles native and resident of Venice Beach who is a real estate agent in both California & Nevada.