Malaga Cove Area of PVE 4th Quarter 2009 Real Estate Market Report

ByMaureen Megowan Knowledge

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 4th Quarter of 2009:

Properties Sold: 5

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

376 W Palos Verdes DR $1,200,000 4 3.00 1,946 $617 1952 S08114966 10/14/09 433

1701 Via Arriba $1,200,000 3 0.00 2,117 $567 1955 V08152844 10/19/09 345

777 Via Somonte $1,855,000 3 2.00 2,750 $675 1936 V09083783 11/24/09 83

529 Via Media $2,100,000 4 3.00 2,750 $764 1952 S09089033 11/17/09 64

1820 Paseo Del Sol $3,750,000 5 4.00 5,139 $730 1956 S09002803 12/22/09 306

Properties for Sale as of 12/31/09: 10

Malaga Cove Homes

Average List Price at 12/31/09: $2.4 million

Average Sales Price of homes sold during 4th quarter: $2.0 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 670 per sq. ft.

Properties sold at an average of 93% of List Price

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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://rightreligion.stellarwp.site . 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.