The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates(Area 175 in map below)had the following real estate market activity during the 1st Quarter of 2015:
Properties Sold: 6
Average Sales Price of homes sold during 1st quarter: $ 1.2 million
Properties for Sale as of 3/31/2015: 4 ( A 2 month supply based on the average of 2 homes sold a month during the 1st Quarter. There are 6 homes in escrow at the end of March )
Average List Price at 3/31/2015: $1.1 million
Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 498 per sq. ft.
Properties sold at an average of 96% 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.