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Monte Malaga Area of Palos Verdes Estates 1st Quarter 2011 Real Estate Market Report

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 1st Quarter of 2011:

Properties Sold:  7

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

2205 Via Guadalana   $1,300,000 3 3.00    1,914 $679.21      1950 S10112984  3/04/11                    137

1005 Via Nogales       $1,410,000 4 2.00    2,369 $595.19      1973 10487549    1/19/11                     69

1959 Via Visalia          $2,360,000 4 4.00    3,374 $699.47      2000 V10117053  2/17/11                    60

2233 Via Cerritos        $2,900,000 5 7.00    6,786 $427.35      2005 S10078255 3/14/11                    235

936 Paseo La Cresta  $2,900,000 5 6.00    5,095 $569.19       1978 V10100569 2/08/11                   134

2013 Via Cerritos       $3,475,000 5 6.00    8,107 $428.64       1984 S10110729  1/17/11                    93

1608 Via Fernandez   $9,150,000 9 12.00 15,147 $604.08       2006 V10034683 3/03/11                   326

  

Properties for Sale as of 3/31/11:  21

Montemalaga

Average List Price at 3/31/11:  $3.1 million

Average Sales Price of homes sold during 1st quarter: $3.4 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 572 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 http://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.

Comment balloon 1 commentMaureen Megowan • April 12 2011 06:30PM
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