Special offer

Monte Malaga Area of PVE 2nd Quarter 2015 Real Estate Market Report

By
Real Estate Agent with Remax Estate Properties - BRE #01368971

The Monte Malaga area of Palos Verdes Estates (area 162 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2015:

 

Properties Sold: 6

Average Sales Price of homes sold during 2nd quarter: $2.0 million

 

Properties for Sale as of 6/30/2015: 19 ( Equal to about 9 months inventory based upon the second quarters average of 2 sales per month ). There are 6 properties in escrow as of the end of June 2015. 

 
 
Average List Price at 6/30/2015: $5.6 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 554 per sq. ft.

 
 
 
 

Properties sold at an average of 96% of List Price and were on average on the market for approx. 3 to 5 months

 For more Palos Verdes real estate market reports see the following link on my website: Market Reports

 

Comments (0)