Maureen Megowan's Blog

head_left_image

Mira Catalina Area of RPV 1st Quarter 2015 Real Estate Market Report

The Mira Catalina area of Rancho Palos Verdes( area 168 in map below ) had the following real estate market activityfor single family residences during the 1st Quarter of 2015:
 

Properties Sold: 4, compared to 3 sold during the 1st quarter last year

Average Sales Price of homes sold during 1st quarter: $1.4 million

 

Properties for Sale as of 3/31/2015 :  3 ( equal to about 3 months inventory based on the average of 1 homes sold a month during the 1st Quarter ) . There are 3 properties in escrow at the end of March.

 
 

Average List Price at 3/31/2015 $ 2.7 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 481  per sq. ft. Because of the small number of sales, the price per sq. ft. fluctuates widely

 
 
 

Properties sold at an average of 89% of Original List Price and 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.

Comment balloon 0 commentsMaureen Megowan • April 21 2015 03:37PM

Comments

This blog does not allow anonymous comments