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Mira Catalina Area of RPV 3rd 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 3rd Quarter of 2015:
 

Properties Sold: 9, compared to 3 sold during the 3rd quarter last year

Average Sales Price of homes sold during 3rd quarter: $1.2 million

 

Properties for Sale as of 9/30/2015 :  6 ( equal to about 2 months inventory based on the average of 3 homes sold a month during the 3rd Quarter ) . There are 3 properties in escrow at the end of September.

 
 

Average List Price at 9/30/2015 $ 2.2 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 532  per sq. ft. Because of the small number of sales, the price per sq. ft. fluctuates widely

 
 
 

Properties sold at an average of 98% 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 • October 20 2015 01:44PM

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