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 3rd Quarter of 2015:
Properties Sold: 7
Average Sales Price of homes sold during 3rd quarter: $ 1.2 million
Los Verdes Street with Ocean View
Properties for Sale as of 9/30/2015: 7 ( 3 months of inventory based on the average number of homes sold per month during the quarter of 2 )
Average List Price at 9/30/2015: $ 1.2 million
Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 544 per sq. ft.
Properties sold at an average of 96% of Original List Price and took 1 to 2 months to sell
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.