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 3rd Quarter of 2012 :

Properties Sold:20

AddressPrice Bd Bth Sq ft $/Sq Yr. Blt. MLS# Date of Sale Days on Market

2160 Via Colinita $200,000 0 1.00 663 $301.66 1956 S12045245 7/25/12 103

16 Stirrup RD$650,000 3 2.001955 S12069928 9/28/12136

2049 Suana DR $770,000 3 2.00 1,584 $486.11 1959 V12091750 9/17/12 56

17 Goldenspur LN $810,000 3 2.00 2,042 $396.67 1957 S12073056 7/17/12 38

27760 Palos Verdes DR$828,000 4 4.00 3,160 $262.03 1979 V12099815 9/21/1283

2521 Colt RD $850,000 4 4.00 2,903 $292.80 1961 S12112409 9/07/1229

3545 Starline DR $950,000 3 3.00 2,531 $375.35 1969 S11081048 7/19/12 281

30011 Grandpoint LN$970,000 4 3.00 2,855 $339.75 1969 S12085417 9/13/12 42

2818 Colt RD $1,000,000 3 3.00 2,584 $387.00 1979 V12050923 8/03/12 82

4121 Miraleste DR $1,065,000 4 3.00 2,374 $448.61 1954 12576427 8/29/12224

33 Rockinghorse Rd $1,090,000 4 3.00 2,766 $394.07 1955 V12060978 7/17/12 25

6520 Via Lorenzo $1,110,000 3 3.00 2,375 $467.37 1936 V12047554 8/03/12 109

30035 Grandpoint LN $1,200,000 5 3.00 3,177 $377.71 1969 V12003837 8/01/12 190

2615 Sunnyside Ridge RD$1,250,000 4 3.00 2,822 $442.95 1956 N11028745 8/29/12 515

40 Mustang RD $1,275,000 3 2.00 3,405 $374.45 1956 S12074661 9/13/12 36

29075 Clevis RD $1,287,500 4 3.00 2,520 $510.91 1938 V11110425 9/28/12 143

3343 Crownview DR $1,375,500 5 4.00 3,823 $359.80 1975 V12098247 9/18/12 294

3086 Deluna $1,450,000 4 3.00 3,900 $371.79 1960 V12110282 10/16/12 39

4512 Palos Verdes East DR$1,510,000 4 4.00 3,392 $445.17 1959 V12044872 9/19/1252

20 Martingale DR $2,335,000 6 6.00 6,725 $347.21 2003 V12052786 9/25/12 151

Average$1,098,800 4.0 3.10 2,926 $388 131

Average Sales Price of homes sold during 3rd quarter: $ 1.1 million

Properties for Sale as of 9/30/2012: 25 ( 4 months inventory based upon the average of 6 homes sold per month during the quarter ). Click Here for Current Properties for Sale

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
For Sale 25 21 19% 25 24 4.2% 22 26 -15.4%
Sold 10 5 100% 10 6 66.7% 6 8 -25%
Pended 5 5 0% 5 4 25% 6 7 -14.3%

Average List Price at 9/30/12: $ 1.4 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 385 per sq. ft. This was approx. 2% less than one year ago

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 369 422 -12.6% 369 429 -14.1% 385 394 -2.1%

Properties sold at an average of 89% of List Price

For more information about Palos Verdes and South Bay Real Estate and buying and sellinga homeon 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.