The Country Club area of Rancho Palos Verdes (area 171 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2014:
Properties Sold: 12
Average Sales Price of homes sold during 4th quarter: $ 1.6 million
Properties for Sale as of 12/31/2014: 3 ( less than 1 month of inventory based on the average number of homes sold per month in the last quarter of 4 )
Average List Price at 12/31/2014: $1.9 million
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 469 per sq. ft.
Properties sold at an average of 94% of Original List Price and took about 2 months to sell during the quarter.
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.