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 2014:

Properties Sold: 7

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

6321 Villa Rosa DR $842,000 3 2.00 1,434 $587.17 1962 PV13228691 1/03/14 34
28708 Lomo DR $960,000 4 2.00 1,834 $523.45 1965 13722707 3/19/14 119
6944 Clovercliff DR $975,000 4 2.00 2,016 $483.63 1963 PV13209428 1/17/14 87
7012 Beechfield $995,000 4 2.00 1,871 $531.80 1962 PV14016274 2/07/14 18
28105 Ambergate DR $1,040,000 3 2.00 1,792 $580.36 1963 PV13208461 3/10/14 131
6923 Kings Harbor DR $1,055,000 4 3.00 2,352 $448.55 1973 PV14022501 3/13/14 32
6732 Kings Harbor DR $1,145,000 5 4.00 2,324 $492.69 1972 SB14012228 3/28/14 48
Average $1,001,714 4.0 2.40 1,946 $521 67

Average Sales Price of homes sold during 1st quarter: $ 1.0 million

Los Verdes STreet

Los Verdes Street with Ocean View

Properties for Sale as of 3/31/2014: 4 ( Less than 2 months of inventory based on the average number of homes sold per month during the quarter of 4 ) Click Here for Current Properties for Sale

Average List Price at 3/31/2014: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 496 per sq. ft., a 9% increase over the comparable quarter last year.

Market Highlight | Quick Guide

Properties sold at an average of 96% of Original 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.