The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2011:

Properties Sold: 8 ( Down significantly from the 14 sold during the previous quarter )

Address Sales Price BR BA Sq.ft.$/Sq.ft Yr. Blt. MLS # Dale of Sale Days on Market

27613 Conestoga Dr $1,055,000 3 2.00 2,594 $406.71 1957 V11091967 9/23/11 40

27610 Eastvale RD $1,161,000 5 4.00 4,049 $286.74 1970 P786819 9/21/11 75

4 Celeste PL $1,200,000 4 3.00 2,714 $442.15 1961 V11077293 8/19/11 54

19 Latigo LN $1,285,000 5 3.00 3,316 $387.52 1977 V11080789 8/16/11 6

4540 Marloma DR $1,350,000 4 3.00 2,800 $482.14 1950 V10096597 8/26/11 354

3 Lantana PL $1,450,000 5 4.00 3,837 $377.90 1962 V11093143 9/06/11 9

62 Strawberry LN $1,500,000 4 3.00 2,420 $619.83 1953 V11053200 8/09/11 76

13 Bridlewood CR $1,550,000 4 4.00 4,736 $327.28 1998 V10118971 7/20/11 251

Average Sales Price of homes sold during 3rd quarter: $ 1.3 million

Properties for Sale as of 9/30/11: 20

Average List Price at 9/30/11: $1.3 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 416 per sq. ft.

Properties sold at an average of 8% 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.