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 2015:

Properties Sold: 7

Average Sales Price of homes sold during 1st quarter: $ 1.1 million

Los Verdes STreet

Los Verdes Street with Ocean View

Properties for Sale as of 3/31/2015: 5 ( 2 months of inventory based on the average number of homes sold per month during the quarter of 2 )

Average List Price at 3/31/2015: $ 1.1 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 559 per sq. ft.

Properties sold at an average of 97% of Original List Price

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 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.