The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2014:
Properties Sold: 10
Average Sales Price of homes sold during 4th quarter:$ 1.3 million
Properties for Sale as of 12/31/2014: 13. Based on average sales per month for the 4th quarter of 3 home sold, equal to 4 months inventory. There are 4 properties in escrow as of the end of September.
Average List Price at 12/31/2014: $ 1.6 million
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 693 per sq. ft.
For more Palos Verdes real estate market reports see the following link on my website: Market Reports
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.