The Palos Verdes Drive East area of the Palos Verdes Peninsula had the following real estate market activity during the 4th Quarter of 2008:

Properties Sold: 6

Properties for Sale as of 12/31/08: 19

Average List Price at 12/31/08: $1.6 million

Average Sales Price of homes sold during 4th quarter: $1.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 410 per sq. ft.

Properties sold at an average of 96% of List Price

For more information about the Palos Verdes Drive East area and Properties for Sale on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com

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.