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This has been a busy month !! I just closed my 5th deal of the month totaling approx. $4.9 million in sales, with one additional property in escrow: 27057 Springcreek Road- RANCHO PALOS VERDES In Escrow Listed for $925,000 3 bedrooms, 2 baths, approx.. 1,600 sq. ft. charmer in the Grandview area near Cornerstone elementary. 9 FRUIT TREE ROAD- RANCHO PALOS VERDESSold for $1,045,000 Represented Seller WEST PORTUGUESE BEND BEAUTY Breathe in the fresh air! 25,953 square feet of rolling, gentle landscaped land. This charming cottage-style home located in a private [...]

The La Cresta area of Rancho Palos Verdes and Rolling Hills Estates( area 172 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2012 : Properties Sold: 11 Address Sales Price BR BA Sq.ft.$/Sq.ft Yr.Blt.MLS# Sold Date Days on Mkt. 25 Crestwind Dr $1,250,000 4 3.00 3,318 $376.73 1977 V11153822 7/16/12 4179 Clear Vista DR $1,310,000 4 3.00 2,613 $501.34 1981 V12093538 9/21/12 35521 Coveview DR $1,400,000 4 3.00 2,846 $491.92 1963 V12083109 9/03/12 1326 Coveview DR $1,475,000 4 4.00 2,780 [...]

The Country Club area of Rancho Palos Verdes (area 171 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2012 : Properties Sold: 5 Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt. 29916 Avenida Magnifica $985,000 4 3.00 2,828 $348.30 1962 H12025375 8/17/12 249 6823 Faircove $1,169,350 4 3.00 2,875 $406.73 1967 V12023172 7/20/12 106 29413 Seaspray DR $1,185,000 4 3.00 2,968 $399.26 1966 V12079097 8/21/12 88 6968 Alta Vista DR $2,330,000 6 6.00 [...]

The Skechers Pier to Pier Walk will be held this Sunday, Oct. 28 which will benefit the school systems of the South Bay including the Palos Verdes Peninsula School District. Check in and registration will be at the base of the Manhattan Beach Pier. Sign up at www.skechersfriendshipwalk.com Sunday, October 288:00amCheck-in and RegistrationExhibitions and Fun Zone 9:00am*Opening Ceremonies and Pier to Pier Walk 12:00pmStay for the World Famous Pumpkin Races FeesRegistration: $25 (for adults and kids 3 and up) Registration (on day of event): $30 Pups: $10 T-shirt:FREE with registration** Registration [...]

The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2012: Properties Sold: 9 ( A substantial decrease over the prior quarter sales ) Address Sales Price BR BA Sq.ft. $/Sq.ft Yr. Blt. MLS # Dale of Sale Days on Market 40 Encanto DR $789,000 3 2.00 1,660 $475.30 1960 S12069734 7/11/12 427625 Eastvale RD $865,000 3 2.00 2,052 $421.54 1956 V12070213 8/21/12 7644 Shady Vista RD $900,000 [...]

The City of Rancho Palos Verdes is currently constructing a temporary off-leash dog park next to City Hall behind the existing tennis courts. The dog park, while only a half acre facility, will be divided into two parts for large dogs and small dogs. It will have wood chips as a surface with benchs and water facilites. Our efforts are still focused on the construction of a 3 acre dog park on the County owned former Palos Verdes Landfill site off of Hawthorne Bldv north of Palos Verdes Drive. See the [...]

The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2012: Properties Sold: 7 Address Sales Price Bd Bth Sqft $/Sq Built ML# Sold Date Days on Market 4428 Via Pavion $835,000 4 2.00 2,074 $402.60 1965 S12041418 7/27/12 78 4252 Via Pinzon $870,000 3 2.00 1,962 $443.43 1953 V12092168 9/13/12 164 4020 Via Valmonte $931,000 4 3.00 2,660 $350.00 1953 S11089939 7/21/12 372 4132 Via Picaposte $1,000,000 3 3.00 1934 [...]

The Monte Malaga area of Palos Verdes Estates ( area 162 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2012: Properties Sold: 5 Address Sales Price Bd Bth Sqft $/Sq Built ML# Sold Date Days on Market 1316 Vuelta PL $1,275,000 4 3.00 2,552 $499.61 1964 V12081817 8/28/12 51 1025 Via Nogales $1,475,000 4 3.00 2,702 $545.89 1955 V12079146 7/27/12 220 1120 Granvia Altamira $1,565,000 4 3.00 2,922 $535.59 1967 V12061763 8/21/12 39 2217 Via La Brea $2,050,000 5 5.00 [...]

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 the 3rd Quarter of 2012: Properties Sold: 18 Address Price BR BA Sq.ft. $/Sq.ft Date Blt MLS # Closing Date Days on Market 709 Yarmouth RD $975,000 3 3.00 1,628 $598.89 1975 S12047880 9/05/12 121 708 Avenida Mirola $1,138,500 4 3.00 2,030 $560.84 1961 S12069955 8/07/12 29 2416 Via Amador $1,150,000 3 3.00 1,861 $617.95 1968 V12082051 8/08/12 4 1812 Via Olivera $1,200,000 5 4.00 [...]

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 [...]

The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 36 units has shrunk significantly over the last 12 months, and is down approx. 32% compared to a year ago. The average number of sales per month over the last 3 months of 14 units per month is up 8% from a year ago, however has been trending downwards over the last 4 months. There are 10 units in escrow at the end of September. Click here for a current search for condos and townhomes available for purchase [...]

The following is the 3rd quarter 2012 Real Estate Market Report for the City of Rolling Hills Estates, including the unincorprated area known as Palos Verdes Peninsula adjacent to the City. The number of homes for sale has increased over the last several months to 27 homes on the market at the end of the 3rd quarter, but is still 20% lower than this time last year. Sales dropped substantially in the third quarter compared to last quarter to an average of 6 homes sold per month, which is still a [...]

I was driving on Hawthorne Blvd. in Rancho Palos Verdes the other day right after rain clouds blew through and saw the beautiful rainbow below: We who live on the Palos Verdes Peninsula are so lucky to live in such a gorgeous area, and to have such a beautiful view topped off with a spectacular rainbow was just icing on the cake. 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 [...]

PALOS VERDES ROAD DEVELOPMENT Road Construction on the Palos Verdes Peninsula did not take place until the 1920's. Palos Verdes Drive West in the Valmonte and Malaga Cove area was the first road developed as part of the original Palos Verdes Project. Palos Verdes Drive East in the Miraleste area, then known as Western Ave. and which was then part of the Palos Verdes Project, was then developed to facilitate lot sales there. Above is an early 1920's aerial view of the recently completed roads in Palos Verdes Estates, then known [...]

This has been a busy month !! I closed a short sale last week, and I am in 5 other escrows totaling approxl $5.5 million in sales, 4 of which are closing next week: 27057 Springcreek Road- RANCHO PALOS VERDESListed for $925,000 3 bedrooms, 2 baths, approx.. 1,600 sq. ft. charmer in the Grandview area near Cornerstone elementary. 9 FRUIT TREE ROAD- RANCHO PALOS VERDESListed for $1,100,000 Representing Seller WEST PORTUGUESE BEND BEAUTY Breathe in the fresh air! 25,953 square feet of rolling, gentle landscaped land. This charming cottage-style home located [...]