The Monte Malaga area of Palos Verdes Estates (area 162 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2015:
Properties Sold: 14
Average Sales Price of homes sold during 3rd quarter: $3.0 million
Properties for Sale as of 9/30/2015: 12 ( Equal to about 2 to 3 months inventory based upon the third quarters average of 5 sales per month ). There are 3 properties in escrow as of the end of September 2015.
Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 734 per sq. ft. The price per sq. ft. fluctuates widely on a month to month basis in this market.
Properties sold at an average of 97% of List Price and were on average on the market for approx. 3 to 5 months
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.
