The Malaga Cove area of Palos Verdes Estates ( area 163 in map below ) had the following real estate activity for single family residences during the 3rd Quarter of 2012:

Properties Sold: 6

Address Sales Price Bd Bth Sqft $/Sq Built ML# Sold Date Days on Market

348 Via Almar $1,314,000 4 3.00 2,429 $540.96 1962 V12060221 7/06/12 41

801 Via Conejo $1,585,000 4 3.00 2,845 $557.12 1954 V12066984 9/18/12 43

1803 Pedro PL $1,803,000 3 3.00 2,126 $848.07 1958 V12096001 9/14/12 6

373 Palos Verdes DR $2,265,750 4 3.00 3,100 $730.89 1925 S12042355 7/20/12 90

605 Via Del Monte $2,300,000 4 3.00 3,169 $725.78 1932 V12074545 8/17/12 34

705 Via Del Monte $2,450,000 4 5.00 4,070 $601.97 1987 S12054226 8/21/12 98

Average $1,952,958 4.0 3.30 2,957 $667 52

Average Sales Price of homes sold during 3rd quarter: $2,0 million

Malaga Cove Homes

Number of Properties Listed for sale as of 9/30/2012: 5 ( Only a 2 to 3 month inventory based on the average monthly sales of 2 homes during the first quarter ) . This is a 54% decrease compared to last year. Click Here for Current Properties for sale

Average List Price at 9/30/2012: $4.1 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 562 per sq. ft., a 5% increase over the comparable quarter last year.

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Sep. 12 Aug. 12 % Change Sep. 12 Sep. 11 % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 % Change
Avg. Sq. Ft. Price 682 656 3.9% 682 586 16.3% 662 630 5%
Properties sold at an average of 97% of Original List Price

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.