The Los Verdes area of Rancho Palos Verdes (Area 173 in map below) had the following real estate market activity for single family residences during the 4th Quarter of 2014:
Properties Sold: 8
Average Sales Price of homes sold during 4th quarter: $ 1.1 million
Los Verdes Street with Ocean View
Properties for Sale as of 12/31/2014: 4 ( 1-2 months of inventory based on the average number of homes sold per month during the quarter of 3 )
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 517 per sq. ft.
Properties sold at an average of 93% of Original List Price
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.