Maureen Megowan's Blog

head_left_image

Malaga Cove Area of PVE 2nd Quarter 2014 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 2nd Quarter of 2014 :

Properties Sold: 6

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

2413 Via Pinale $1,306,500 4 2.00 1,906 $685.47 1950 SB14047608 4/21/14 45
517 Via Media $1,585,000 3 3.00 2,073 $764.59 1955 PV14041058 4/14/14 74
1612 Via Arriba $2,275,000 3 3.00 3,311 $687.10 1968 PV14042222 6/20/14 71
1605 Via Arriba $3,050,000 4 4.00 3,514 $867.96 2003 SB14090055 6/20/14 40
412 Via Almar $3,250,000 5 5.00 3,875 $838.71 2005 SB14054661 5/28/14 72
2709 Via Elevado $3,300,000 6 6.00 4,709 $700.79 1932 PV14086261 5/30/14 14
Average                $2,461,083 4.0 3.80 3,231 $756                                           53

 

 

Malaga Cove Homes

Number of Properties Listed for sale as of 6/30/2014: 10 ( A 5 month inventory based on the average monthly sales of 2 homes during the secondquarter ) . 4 homes are in escrow at the end of June. Click Here for Current Properties for sale

 
 

Average List Price at 6/30/2014: $4.4 million

Average Price per Sq. Ft. for Properties Sold during 2nd quarter: $ 756 per sq. ft., however due to the small number of sales, the price per sq. ft. of homes sold fluctuates widely.

 
 
 
 
 
 
Properties sold at an average of 98% of Original List Price and took approx. 1 to 2  months to sell.
 

 

 

- See more at: http://activerain.com/blogsview/4372015/malaga-cove-area-of-pve-1st-quarter-2014-real-estate-market-report-#sthash.Vkejvt98.dpuf

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 • July 29 2014 04:09PM

Comments

This blog does not allow anonymous comments