TheCountry 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 2014:

Properties Sold:8

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

7168 Crest RD $1,300,000 5 4.00 3,635 $357.63 1976 PV13154248 7/02/14 333
7051 Crest $1,520,000 3 3.00 2,808 $541.31 1964 PV14114046 8/29/14 92
30322 Rhone DR $1,525,000 4 2.00 2,677 $569.67 1961 PV14131064 8/07/14 5
7155 Crest RD $1,560,000 5 4.00 3,425 $455.47 1966 PV14104030 8/14/14 80
6851 Faircove DR $1,624,942 5 3.00 2,968 $547.49 1967 PV14098489 7/09/14 10
30131 Matisse DR $1,625,000 4 4.00 3,406 $477.10 1978 SB14102102 9/12/14 105
6788 Alta Vista DR $1,920,000 5 4.00 3,685 $521.03 1979 PV14133296 8/15/14 53
6448 Le Blanc PL $2,780,000 5 6.00 4,894 $568.04 1978 PV14132227 7/14/14 15
Average $1,731,868 5.0 3.80 3,437 $505 1971 87

Average Sales Price of homes sold during 32rd quarter: $ 1.7 million

Properties for Sale as of 9/30/2014: 8 ( 2 – 3 months of inventory based on the average number of homes sold per month in the last quarter of 3 )

Average List Price at 9/30/2014: $1.9 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 505 per sq. ft.

Properties sold at an average of 98% of Original List Price and took 2 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 sellinga homeon 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.