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 2nd Quarter of 2011:

Properties Sold: 6

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

1424 Via Mateo $1,180,000 5 4.00 3,205 $368.17 1974 P762867 6/16/11 184

1405 Via Gabriel $1,200,000 5 4.00 3,850 $311.69 1976 V11026570 6/07/11 66

1601 Cataluna PL $1,385,000 4 3.00 2,279 $607.72 1962 V11037592 6/24/11 50

1329 Granvia Altamira $1,500,000 4 3.00 2,348 $638.84 1959 V11013457 4/08/11 33

1901 Paseo Del Sol $3,000,000 3 2.00 2,224 $1,348 1951 V11030998 4/15/11 19

1500 Paseo La Cresta $4,800,000 6 7.00 8,758 $548.07 1999 V11047607 6/21/11 47

Properties for Sale as of 6/30/11: 18

Montemalaga

Average List Price at 6/30/11: $2.7 million

Average Sales Price of homes sold during 2nd quarter: $2.2 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 637 per sq. ft.

Properties sold at an average of 90% 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.