The Lunada Bay area of Palos Verdes Estates ( area 160 in map below )had the following real estate market activity for single family residences during the1st Quarter of 2013:

Properties Sold: 17

Address PriceBR BA Sq.ft. $/Sq.ftDate BltMLS #Closing Date Days on Market

2872 Via De La Guerra $940,000 3 2.00 1,617 $581.32 1956 PV12138536 1/31/13 22

1617 Via Garfias $960,000 3 2.00 1,368 $701.75 1957 SB13009227 3/06/13 101

2640 Via Pacheco $995,000 3 2.00 1,477 $673.66 1953 PV12135722 1/14/13 75

2812 Palos Verdes DR W $1,015,000 3 2.00 1,612 $629.65 1956 SB13002561 2/01/13 10

1637 Via Zurita $1,100,000 4 2.00 1,994 $551.65 1954 PV13021362 3/14/13 126

1625 Espinosa CR $1,160,000 4 3.00 2,492 $465.49 1960 SB13001553 3/06/13 53

2357 Via Anacapa $1,250,000 3 2.00 1,717 $728.01 1952 PV13034777 3/22/13 15

1000 Via Romero $1,275,000 4 3.00 2,344 $543.94 1965 PV12147023 1/07/1323

2700 Via Pacheco $1,400,000 4 3.00 2,483 $563.83 1962 SB13004488 2/21/13 29

1304 Via Romero $1,750,000 5 4.00 3,488 $501.72 1986 PV13010009 3/15/13 139

1220 Via Zumaya $1,926,075 5 4.00 3,520 $547.18 1972 SB13018739 2/28/13 87

2020 Via Pacheco$2,025,000 5 5.00 4,207 $481.34 2002 SB12148545 2/06/13 206

2108 Paseo Del Mar $2,255,000 4 3.00 2,250 $1,002 1956 PV12144304 1/23/13 24

2700 Via Victoria $2,260,000 5 6.00 5,930 $381.11 1987 V12113094 2/20/13 142

1601 Via Barcelona $2,375,000 5 5.00 6,628 $358.33 1978 V11071040 2/25/13 349

1271 Via Landeta $2,550,000 5 7.00 6,828 $373.46 1982 V11032491 3/28/13 740

2800 Via Segovia $2,750,000 5 4.00 4,652 $591.14 1966 PV12151199 2/20/13 69

Average $1,646,240 4.0 3.50 3,212 $535 130

Average Sales Price of homes sold during1st quarter: $1.6 million

Lunada Bay

Properties for Sale as of 3/31/2013: 9 ( equal to just over a 1 month inventory based upon average monthly sales of6 for the quarter). The number of homes for sale is down approx. 61% from a year ago. Click Here for Current Properties Listed for sale.

Mar. 13 Feb. 13 Curnt vs. Prev Month % Change Mar. 13 Mar. 12 Curnt vs. Same Month 1 Yr Ago % Change Jan. 13 to Mar. 13 Jan. 12 to Mar. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 9 10 -10% 9 25 -64% 9 23 -60.9%
Sold 6 7 -14.3% 6 3 100% 6 3 100%
Pended 7 6 16.7% 7 7 0% 6 4 50%

Average List Price at 3/31/2013: $1.7 million

Average Price per Sq. Ft. for Properties Sold during 1st quarter: $ 535 per sq. ft. ( an approx. 5% decrease from the comparable period last year )

Mar. 13 Feb. 13 Curnt vs. Prev Month % Change Mar. 13 Mar. 12 Curnt vs. Same Month 1 Yr Ago % Change Jan. 13 to Mar. 13 Jan. 12 to Mar. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 490.3 473.6 3.5% 490.3 512.8 -4.4% 535.3 562.8 -4.9%

Properties sold at an average of 93% of List Price

For more information about Palos Verdes and South Bay Real Estate and buying and sellinga homeon 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.