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 2011:

Properties Sold: 5 ( A significant decrease from the 10 homes sold last quarter )

Address Sales Price BR BA Sq.ft. $/Sq.ft Year Built MLS # Date of Sale Days on Market

1625 Via Lazo $1,125,000 4 2.00 1,920 $585.94 1951 V11070561 9/01/11 39

2509 Via Ramon $1,400,000 3 3.00 2,495 $561.12 1942 V11026333 8/12/11 132

2704 Via Elevado $1,750,000 4 4.00 3,478 $503.16 1959 V11095364 8/19/11 18

785 Via Somonte $2,200,000 4 3.00 2,500 $880.00 1935 S11032690 7/21/11 129

364 W Palos Verdes DR $2,850,000 5 5.00 3,900 $730.77 2010 S10122422 9/16/11 262

Average Sales Price of homes sold during 3rd quarter: $1.9 million

Malaga Cove Homes

Number of Properties Listed for sale as of 9/30/2011 : 11

Average List Price at 9/30/2011: $2.2 million

Average Price per Sq. Ft. for Properties Sold during 3rdd Qtr: $ 652 per sq. ft.

Properties sold at an average of 94% 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.