The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2011 :

Properties Sold: 10

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

61 Headland DR $998,000 3 3.00 1,837 $543.28 1954 R1101426 4/13/11 7

28240 Palos Verdes DR $1,000,000 4 3.00 2,514 $397.77 1956 V10087677 5/02/11 240

4300 Miraleste DR $1,025,000 4 4.00 2,689 $381.18 1927 V11046058 6/29/11 69

92 Headland DR $1,172,716 3 2.00 1,988 $589.90 1970 P775190 5/05/11 16

6512 Nancy RD $1,180,000 4 4.00 2,555 $461.84 1936 N11015158 5/03/11 75

3453 Newridge DR $1,200,000 4 3.00 2,637 $455.06 1962 V11022304 5/26/11 48

29870 Knoll View DR $1,238,000 3 4.00 2,925 $423.25 1973 V10117855 4/22/11 137

50 Avenida Corona $1,390,000 3 3.00 2,614 $531.75 1958 V11052011 5/27/11 34

30417 Miraleste (Rich Lane) DR $1,415,000 4 4.00 2,951 $479.50 1978 V11027760 6/29/11 119

5 Rockinghorse $1,710,000 4 5.00 4,838 $353.45 2006 V10097072 5/27/11 185

Properties for Sale as of 6/30/11: 24

Average List Price at 6/30/11: $ 2.0 million

Average Sales Price of homes sold during 2nd quarter: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 462 per sq. ft.

Properties sold at an average of 98% 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.