The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 3rd Quarter of 2011 :

Properties Sold: 13

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

5466 Eau Claire DR $755,000 3 2.00 1,612 $468.36 1958 S11032403 7/14/11 64

26743 Menominee PL $785,000 3 2.00 1,629 $481.89 1960 S11052802 7/01/11 14

5411 Whitefox DR $792,000 4 3.00 1,983 $399.39 1956 R1103804 7/29/11 10

26716 Menominee PL $800,000 5 3.00 2,334 $342.76 1960 S11064389 8/25/11 45

27122 Woodbrook RD $805,000 3 2.00 1,442 $558.25 1958 V11087393 9/30/11 55

5536 Ironwood ST $835,000 5 4.00 2,557 $326.55 1956 S11088545 9/28/11 51

26557 Mazur DR $859,500 5 3.00 2,237 $384.22 1956 S11062225 7/15/11 10

5003 Kingspine RD $875,500 4 3.00 2,495 $350.90 1956 V11071301 9/01/11 50

26817 Hyte RD $902,000 4 2.00 1,890 $477.25 1960 S11064431 7/28/11 21

5517 Littlebow RD $919,000 3 2.00 1,358 $676.73 1957 V11064443 7/01/11 33

5221 Bluemound RD $925,000 3 3.00 1,637 $565.06 1956 V11052001 7/12/11 4

6 Silver Spring DR $1,075,000 4 4.00 2,919 $368.28 1957 V11058695 7/29/11 78

5411 Manitowac DR $1,280,000 3 2.00 2,421 $528.71 1992 V11069057 8/03/11 51

The 13 properties sold during the 3rd Quarter of 2011 was a significant increase over the 7 homes sold during the previous quarter

Average Sales Price of homes sold during 3rd quarter: $ .9 million

Silver Spur Homes

Properties for Sale as of 9/30/11: 14 ( Down from 18 as of 6/30/11 )

Average List Price at 9/30/11: $ .9 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 456 per sq. ft.

Properties sold at an average of 97% of 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.