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 3,094 $387.85 1976 S12000010 8/13/12 445

1820 Via Estudillo $1,380,000 4 3.00 2,982 $462.78 1974 V12001593 9/19/12 100

416 Avenida Mirola $1,395,000 3 3.00 2,445 $570.55 1976 S11134970 9/27/12 283

1372 Via Coronel $1,500,000 6 5.00 4,368 $343.41 1976 P784591 8/09/12 335

3022 Via Borica $1,500,000 5 3.00 2,663 $563.27 1968 V12081226 8/10/12 43

1432 Via Coronel $1,860,000 5 5.00 4,300 $432.56 1976 V12071676 8/30/12 151

1429 Via Coronel $2,100,000 4 4.00 5,532 $379.61 1987 V12036007 8/31/12 166

2727 Via Miguel $2,200,000 4 5.00 4,233 $519.73 1992 V11142915 7/12/12 254

1557 Via Leon $2,288,000 4 5.00 4,560 $501.75 1978 S12048045 8/21/12 119

1344 Palos Verdes DR $2,395,000 5 6.00 4,527 $529.05 2000 V12056409 7/18/12 42

1641 Chelsea RD $2,800,000 5 5.00 4,000 $700.00 2012 V12095938 7/18/12 218

2108 Thorley RD $2,800,000 6 4.00 5,300 $528.30 1967 S11095182 9/28/12 256

1608 Via Barcelona $2,800,000 4 4.00 4,360 $642.20 1977 V12051453 7/31/12 101

1628 Paseo Del Mar $3,180,000 5 5.00 4,583 $693.87 1999 V12076363 8/24/12 93

2316 Paseo Del Mar $3,541,000 4 5.00 5,063 $699.39 1981 V12085529 8/16/12 38

Average $2,011,250 4.0 4.20 3,752 $541 155

Average Sales Price of homes sold during 3rd quarter: $2.0 million

Lunada Bay

Properties for Sale as of 9/30/12: 23 ( equal to an approx. 4 month inventory based upon average monthly sales of 6 for the quarter). The number of homes for sale is down approx. 26% from a year ago. Click Here for Current Properties Listed for sale.

Average List Price at 9/30/12: $2.0 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 535 per sq. ft. ( an approx. 1% increase from the comparable period 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 530 521 1.7% 530 552 -3.9% 535 529 1.1%

Properties sold at an average of 93% 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.