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Country Club Area of RPV 3rd Quarter 2015 Real Estate Market Report

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 3rd Quarter of 2015:

Properties Sold: 5, compared to 8 sold during the 3rd quarter of 2014

 

Average Sales Price of homes sold during 3rd quarter: $ 1.8 million

 

Properties for Sale as of 9/30/2015: 5  ( Less than 3 months of inventory based on the average number of homes sold per month in the last quarter of 2) 

 

 

Average List Price at 9/30/2015: $2.4 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 497 per sq. ft.

 
 

Properties sold at an average of 98% of Original List Price and took 3 to 4 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 02:25PM

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