The Eastview area of Rancho Palos Verdes ( area 177 in map below) had the following real estate market activity for single family residences during the 3rd Quarter of 2012 :

Properties Sold: 10

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

1843 Jaybrook DR $426,000 2 1.00 741 $574.90 1950 S12095784 9/12/12 15

1954 W General ST $525,000 3 2.00 1,378 $380.99 1955 S12032539 8/31/12 124

2033 W Macarthur ST $550,000 4 2.00 1,409 $390.35 1955 S12091099 9/18/12 35

2029 Trudie DR $551,000 2 2.00 1,467 $375.60 1950 V12060299 8/28/12 10

2156 W Crestwood ST $622,000 3 2.00 1,298 $479.20 1955 V12083499 8/27/12 37

2024 Redondela $665,000 4 2.00 1,790 $371.51 1962 V12062863 8/14/12 90

28318 Pontevedra DR $669,000 4 2.00 1,746 $383.16 1958 S12070001 7/25/12 24

1928 Avenida Estudiante $680,000 4 2.00 1,864 $364.81 1959 S12077968 8/24/12 50

28700 N Enrose AV $680,000 3 2.00 1,799 $377.99 1957 P820905 9/10/12 118

1433 Caddington DR $865,000 4 4.00 3,070 $281.76 1973 S12049739 7/06/12 68

Average $623,300 3.0 2.10 1,656 $385 66

Average Sales Price of homes sold during 3rd quarter: $ .6 million

Properties for Sale as of 9/30/12: 7 ( A large decrease from the 20 for sale a year ago, and only an approx. 2 months of inventory of unsold homes, with 3 properties in escrow at the end of the quarter ) Click Here for Current Properties for Sale

Sep. 12 Aug. 12 Curnt vs. Prev Month % Change Sep. 12 Sep. 11 Curnt vs. Same Month 1 Yr Ago % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 Curnt vs. Same Qtr 1 Yr Ago % Change
For Sale 7 4 75% 7 20 -65% 6 20 -70%
Sold 3 5 -40% 3 2 50% 3 4 -25%
Pended 3 6 -50% 3 4 -25% 5 4 25%

Average List Price at 9/30/12: $ .7 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 385 per sq. ft., a 3% decrease over the comparable quarter last year

Sep. 12 Aug. 12 Curnt vs. Prev Month % Change Sep. 12 Sep. 11 Curnt vs. Same Month 1 Yr Ago % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 419 390 7.4% 419 401 4.5% 385 396 -2.9%

Properties sold at an average of 96% 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.