Like most Realtors, the question I am most asked is, "How is the market doing?" The answer to that question lies in the graphs below. These graphs depict a 15-month snapshot of the real estate market in Rancho Palos Verdes, California for single family homes. The MLS data from the Greater South Bay Assn. of Realtors is used to generate these statistics. As always, please feel free to contact me for questions or comments regarding this information.The average price per sq.ft.:The graph below, shows the average days on market and the sales price vs. list price. Despite what national news reports say, homes for the month of June sold at 99% of list price. That was an increase over previous months.
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