City of Rancho Palos Verdes July 2016 Real Estate Market Report
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The level of inventory of homes for sale of 112 homes in the City of Rancho Palos Verdes at the end of July is up about 6% compared to the end of July last year. The average number of homes sold per month over the last 3 months of 44 homes per month, is up 9% compared to the same 3 month period last year. There are 44 homes in escrow at the end of July. The following is a list of the 43 homes sold during the month of July 2016: Average sold price: 1,399,895 The average price per sq. ft. for homes sold in Rancho Palos Verdes over the last 3 months of $549 is about the same as the comparable period last year. The average list price of homes offered for sale of $2.1 million is now 11% higher than this time last year. The average price of homes sold has been much lower t...
Comments
1