2012 Palos Verdes homes sales for the Silver Spur neighborhood increased from 2011 – 58 single family homes sold in 2012 compared to 43 in 2011 – a 35% increase. Price per square foot for Silver Spur houses that sold in 2012 increased 7.9% to $469 compared from $435 in 2011. Average sales price for Silver Spur homes sold in 2012 was $856,384 compared to $834,654 in 2011. The most expensive home sold for $1,537,500 and the lowest priced home sold for $530,000.
Currently, the Silver Spur neighborhood has 7 active Palos Verdes homes for sale ranging from $899,000 for a 3 bedroom/2 bath, 1,395 square foot home to $2,790,000 for a 4 bedroom/4 bath, 4,166 square foot home.
For background and history on Silver Spur Multiple Listing Area 176, please click here to read my prior article on this neighborhood.
To view current Palos Verdes real estate statistics for the entire Peninsula click here or on the Statistics tab above.
Photo courtesy of the City of Rancho Palos Verdes
