The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 4thQuarter of 2014:

Properties Sold:8

Average Sales Price of homes sold during 4th quarter: $1 million

Silver Spur Homes

Properties for Sale as of 12/31/2014: 4(1 month inventory of unsold homes ,

based upon the average number of homes sold per month during the quarter of 3,with 4 homes in escrow at the end of December)

Average List Price at 12/31/2014: $ 1.4 million

Average Price per Sq. Ft. for Properties Sold during 4thQtr: $ 549 per sq. ft.

Properties sold at an average of 96% of 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 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.