Palos Verdes Dr E Area of RPV 3rd Qtr. 2015 Real Estate Market Report
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2015 : Properties Sold: 20 ( 3 more than the 17 homes sold during the 3rd quarter of 2014 ) Average Sales Price of homes sold during 3rd quarter: $ 1.4 million Properties for Sale as of 9/30/2015: 15 (About 2 months inventory based upon the average of 7 homes sold per month during the quarter ). There are 7 homes in escrow at the end of September. Average List Price at 9/30/2015: $ 1.6 million Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 493 per sq. ft. Properties sold at an average of 89% of List Price and took approx. 3 months to sell For more Palos Verdes real estate ma...
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