Properties Sold: 7
Average Sales Price of homes sold during 4th quarter: $1.3 million
Properties for Sale as of 12/31/2014 : 7 ( equal to about 3 months inventory ) . There are 0 properties in escrow at the end of December.
Average List Price at 12/31/2014 $ 1.9 million
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 543 per sq. ft. Because of the small number of sales, the price per sq. ft. fluctuates widely
Properties sold at an average of 95% of Original List Price and about 2 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 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.
