Palos Verdes Drive South 4th Quarter 2008 Market Report

ThePalos Verdes Drive Southarea of the Palos Verdes Peninsula had the following real estate market activity during the 4th Quarter of 2008:

Properties Sold: 3

Properties for Sale as of 12/31/08: 11

Average List Price at 12/31/08: $2.7 million

Average Sales Price of homes sold during 4th quarter: $1.6 million

rancho palos verdes

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $598per sq. ft.

Properties sold at an average of 95% of List Price

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