The Los Verdes area of Rancho Palos Verdes (Area 173 in map below) had the following real estate market activity for single family residences during the 1st Quarter of 2011 :

Properties Sold: 6

Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.

28804 Lomo DR $630,000 3 2.00 1,460 $431.51 1963 S641979 2/18/11 45

6303 Rio Linda DR $700,000 3 2.00 1,434 $488.15 1962 V10112468 2/10/11 95

7010 Maycroft Dr $740,000 3 2.00 1,684 $439.43 S10104856 1/28/11 122

28236 Trailriders DR $795,000 3 2.00 1,833 $433.72 1962 S10040144 1/26/11 218

6902 Willowtree DR $875,000 3 2.00 1,716 $509.91 1963 S10130194 3/16/11 46

6748 Kings Harbor DR $1,240,000 4 4.00 3,200 $387.50 1972 V11004407 1/13/11 0

Properties for Sale as of 3/31/11: 8

Los Verdes STreet
Los Verdes Street with Ocean View

Average List Price at 3/31/11: $ 1.1 million

Average Sales Price of homes sold during 1st quarter: $ .8 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 448 per sq. ft.

Properties sold at an average of 96% of List Price

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 https://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.