Properties Sold: 4
Properties for Sale as of 3/31/17: 23 Sales have been averaging 1.3 homes sold per month over the last 3 months. This equates to approx. 17 months of inventory. 3 homes are in escrow as of the end of March.
Average Price per Sq. Ft. for Properties Sold during the last 3 months: $ 840 per sq. ft. , about 6% lower than the comparable period last year. This number fluctuates greatly based upon the small number of sales per quarter.
Properties sold at an average of 87% of List Price and took approx. 3 months to sell over the last 3 months
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.