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Malaga Cove Area of Palos Verdes Estates 4th Quarter 2012 Real Estate Market Report

The Malaga Cove area of Palos Verdes Estates ( area 163 in map below ) had the following real estate activity for single family residences during the 4th Quarter of 2012:

Properties Sold: 6

 

Address     Sales Price Bd Bth Sqft  $/Sq Built     ML# Sold Date   Days on Market

2524 Via Pinale              $1,220,000 4 2.00 1,914 $637.41 1967 V12116927  11/02/12        8

2609 Via Segunda          $1,404,529 4 4.00 3,697 $379.91 1955 PV12134310 12/28/12      61

3476 Via Campesina       $1,900,000 5 3.00 3,741 $507.89 1970 V12107452  12/07/12     102

3280 Via Campesina       $2,000,000 5 3.00 3,900 $512.82 1948 PV12135769 12/26/12       8

3 Yellow Brick RD            $2,235,700 5 4.00 5,000 $447.14 1981 V12122535   12/12/12     18

2029 Paseo Del Sol         $3,200,000 4 6.00 4,266 $750.12 1963 SB13000329 12/31/12       2

Average                    $1,993,372 5.0 3.70 3,753 $541                                                 33


 

Average Sales Price of homes sold during 4th Quarter: $2.0 million

Malaga Cove Homes

Number of Properties Listed for sale as of 12/31/2012: 5 ( Only a 2 to 3 month inventory based on the average monthly sales of 2 homes during the fourth quarter ) . This is a 38% decrease compared to last year. Click Here for Current Properties for sale

 
 

Average List Price at 12/31/2012: $2.6 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 541 per sq. ft., a 25% increase over the comparable quarter last year.

 
 
 
 
 
 
       
  Dec. 12 Nov. 12 % Change Curnt vs. Prev Month Dec. 12 Dec. 11 % Change Curnt vs. Same Month 1 Yr Ago Oct. 12 to Dec. 12 Oct. 11 to Dec. 11 % Change Curnt vs. Same Qtr 1 Yr Ago
Avg. Sq. Ft. Price 521 637 -18.2% 521 443 17.7% 541 432 25.1%
 
 
Properties sold at an average of 97% of Original 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 0 commentsMaureen Megowan • January 18 2013 12:57PM
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