ThePalos Verdes Drive Southarea of the Palos Verdes Peninsula had the following real estate market activity during the 4th Quarter of 2008:

Properties Sold: 3

Properties for Sale as of 12/31/08: 11

Average List Price at 12/31/08: $2.7 million

Average Sales Price of homes sold during 4th quarter: $1.6 million

rancho palos verdes

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $598per sq. ft.

Properties sold at an average of 95% of List Price

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For more information about Palos Verdes and South Bay Real Estate and buying and sellinga homeon 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.