Afternoon Tea In Palos Verdes!

Afternoon Tea In Palos Verdes!

Palos Verdes Afternoon Tea at Wrapsody

My dream has come true as we now have a location in Palos Verdes for Afternoon Tea. Wrapsody at the KWC Building (formerly Rive Gauche Restaurant) in Palos Verdes Estates is offering full course Afternoon Tea on most Sundays from 1:00 p.m. to 3:00 p.m.  Reservations are a must as seating is limited on the outside patio.

Today, I enjoyed a welcome drink, fresh berries & cream, tea sandwiches (today featured chicken salad, turkey avocado, egg salad, and ham & cheese), scones (blueberry lemon today), assorted petite desserts (today serving shortbread cookie, lemon tart, French cream puff, and godiva chocolate), and a selection of fabulous Tea Forte teas. All this for only $35 per person which is half of what I have paid at other Afternoon Teas.

Palos Verdes Afternoon Tea at Wrapsody

Wendy at Wrapsody is offering this Sunday Afternoon Tea to promote the new stores that have moved to the Malaga Cove area of Palos Verdes Estates from the Riviera in Redondo Beach.  In addition to Wrapsody, you will find Mixt (which re-opened after being closed for several years) and Jeffrey Scott.  Please remember to Shop Local and visit these stores for gifts, invitations, clothing, etc.

Palos Verdes Afternoon Tea at Wrapsody

I love Afternoon Tea as it is a chance to relax with friends (or meet new ones) and nibble at delicious food at a leisurely pace – it feels like a mini vacation. Please call 310-378-6374 for reservations as they are booked at least a week or two in advance. Wrapsody is located at 318 Tejon Place, Palos Verdes Estates, with parking behind the building or in the city parking lot across the street.  Regular business hours for Wrapsody are Tuesday through Saturday 10:00 a.m. to 7:00 p.m., Sunday 11:00 a.m. to 5:00 p.m. and Monday by appointment.

Palos Verdes Supports 2019 “The Hills Are Alive” Race

Palos Verdes Supports 2019 “The Hills Are Alive” Race

Palos Verdes home owners will be supporting our local “The Hills Are Alive Race” which benefits Rolling Hills Estates Pepper Tree Foundation.  This race is considered to be one of the oldest and finest trail races in Southern California.  The Pepper Tree Foundation was established in 1982 to promote citizen contributions and donations to enrich the quality of  life in Rolling Hills Estates.  The foundation has provided trees, benches, picnic tables and other items which enhance and preserve the city parks and open spaces.  This year the Pepper Tree Foundation will partner with UCLA Health, and this 38th annual race will take place on Saturday, August 10, 2019, beginning at 8:00 a.m.

Participants will enjoy running or walking on the soft packed bridle trails throughout scenic Rolling Hills Estates.  The race starts & finishes at Ernie Howlett Park located at 25851 Hawthorne Blvd, Rolling Hills Estates.  Again this year, the Botanic Garden Loop Trail will be included in the 10K race course.  There will be Award Plaques presented to the top male and female finishers in the 10K Run and 5K Runs.  All finishers will receive a custom designed finishers medal.

The registration fee for the event is $35 for advance sign up, which can be dropped off or mailed to City of Rolling Hills Estates, 4045 Palos Verdes Dr North, Rolling Hills Estates, CA. 90274.  Checks should be payable to RHE Pepper Tree Foundation and must be received by August 9, 2019.  The City offices are open Monday through Thursday 7:30 a.m. to 5:30 p.m.  For late registration, the cost will be $40 and sign ups begin at 7:00 a.m. on race day at Ernie Howlett Park.  Kids 10 and under are $10.  Pick up for race packets will be on Friday, August 9, 2019, from 10:00 a.m. to 6:00 p.m at Village Runner located at 1611 S. Catalina Avenue, Redondo Beach.  The race package includes a free tee shirt, a map of local horse and hiking trails, sponsor refreshments and goodie bags.  No strollers or dogs allowed on the race course.

For questions about the race, or to purchase tickets call (310) 377-1577 ext 110, or click here.

To view my previous article on “The Hills Are Alive Race” click here.

Photo courtesy of the City of Rolling Hills Estates

Palos Verdes Homes Prices Up First Half 2019

Palos Verdes Homes Prices Up First Half 2019

Photo of Roessler Gazebo Palos Verdes courtesy of Arvin Design

Palos Verdes real estate prices increased for the first half of 2019 with increases in average price per square foot and average sales price.  The number of Palos Verdes homes sold in the first half of 2019 was lower than the first half of 2018 (295 compared to 350).  2019 first half average sales price for Palos Verdes homes increased compared to the first half of 2018 – $1,885,678 compared to $1,836,663.  Average price per square foot for Palos Verdes homes sold in the first half of 2019 was $662 compared to $652 for the same time period in 2018 – an increase of 1.5%.  Median average price per square foot in the first half of 2019 increased 1.8%.

The mix of Palos Verdes homes sales for the first half of 2019 showed less sales in the $1,000,000 to $2,000,000 range, less sales under $1,000,000, and less sales over $5,000,000 with 55 fewer homes sold in the first half of 2019.  In first half of 2019, only 24 Palos Verdes homes sold under $1,000,000 which was 8.2% of sales (compared to 29 homes – 8.3% – in first half of 2018).  In the first half of 2019, 183 Palos Verdes homes sold between $1,000,000 and $2,000,000 which was 62% of sales (compared to 230 homes – 65.7% – in first half of 2018).  In first half of 2019, 82 Palos Verdes homes sold between $2,000,000 and $5,000,000 which was 27.8% of sales (compared to 83 homes – 223.7% – first half 2018).  Finally, in the first half of 2019, 6 Palos Verdes homes sold for $5,000,000+ which was 2% of sales (compared to 8 homes – 2.3% – first half 2018).

The total valuation for all single family Palos Verdes homes sold the first six months of 2019 decreased from 2018 – $551,714,238 compared to $636,226,355 with 55 fewer homes sold in the first half of 2019.  In the first half of 2019, the highest priced home sold for $15,500,000 in Rolling Hills and the lowest price home sold for $680,000 in Rancho Palos Verdes.  Next week, I will discuss Palos Verdes homes sales for first half 2019 for the individual Palos Verdes neighborhoods. To read my article on Palos Verdes homes sales first half 2018, click here.

Photo of Palos Verdes Roessler Gazebo courtesy of Arvin Design

Palos Verdes Joins 2019 National Night Out Celebration!

Palos Verdes Joins 2019 National Night Out Celebration!

Palos Verdes homes owners know that the safety of our community depends on both law enforcement and citizen participation.  Residents are encouraged to participate in the National Night Out program, which is America’s Night Out Against Crime.  This event is held in all 50 states and every U.S. military base.  In Palos Verdes Estates, the event will be held in neighborhoods around the City on Tuesday, August 6, 2019, from 5:30 p.m. to 8:00 p.m.

On the Palos Verdes Peninsula, there will be several locations which will host large parties where area groups can gather and neighbors can get to know one another.  Your block captain will be emailing you with the location of your event.  Some of the block parties include cookouts, ice cream socials and other family fun.  One of the many highlights of the evening is the participation by the Mayor and City Council in a caravan which will visit participating neighborhoods.  Police personnel, firefighters, paramedics, PVE Neighborhood Watch board members and the local crime dog, Officer McGruff, will take part in the caravan.

This is a great time to show your neighborhood spirit by either helping to host or attending one of the parties.  For more information, call Marcelle McCullough, Police Department Community Relations Officer, at (310) 378-4211.

To read my last article on National Night Out please click here.

Photo courtesy of the Palos Verdes Estates Police Department

Favorite Palos Verdes Homes – July 16, 2019

Favorite Palos Verdes Homes – July 16, 2019

My favorite Palos Verdes Homes on the July 16, 2019 Palos Verdes real estate Broker’s Tour (43 homes had open houses today) are described below.  We currently have 271 single family Palos Verdes homes for sale ranging in price from $989,900 in Rancho Palos Verdes (The low in Eastview is $819,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 37 Palos Verdes condos/townhomes for sale priced between $269,000 and $2,345,000.  My favorite Palos Verdes homes today:

   

Chris Adlam’s (Vista Sotheby’s Int’l Realty) 2716 Via Elevado, Palos Verdes Estates, 90274 (above left) is a 4 bedroom, 6 bath, 5,152 square foot home for $4,850,000.  This fabulous Malaga Cove home custom built in 2011 features expansive ocean/coastline views, gourmet kitchen, sumptuous master suite, office, separate guest suite w/fireplace, and outdoor spa.  Bill Ruth (Keller Williams Palos Verdes) & Charles Raine’s (RE/MAX Estate Properties) 3 Branding Iron Lane, Rolling Hills Estates, 90274 (above right) is a 6 bedroom, 4 bath, 4,651 square foot home for $2,695,000.  This beautiful updated ranch style Palos Verdes Drive North home features 2 family rooms, master suite w/sitting area & awesome remodeled bathroom, gym, billiards room, office, lanai, and pool.

   

Gayle Probst’s (RE/MAX Estate Properties) 2520 Via Olivera, Palos Verdes Estates, 90274 (above left) is a 4 bedroom, 3 bath, 3,107 square foot home for $2,199,000.  This remodeled Lunada Bay home features stunning views of the ocean/Catalina, open kitchen w/island & breakfast bar, remodeled baths, elongated viewing deck & outdoor patio kitchen.  John Fleming’s (RE/MAX Estate Properties) 7005 Purple Ridge Drive, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 2 bath, 1,617 square foot home for $1,350,000.  This fantastic single story Los Verdes home features a stunning upgraded kitchen &  family room, plantation shutters,  outdoor bbq area, and pool/spa.

To read my prior article on favorite Palos Verdes homes click here.

Photos courtesy of CRMLS

Palos Verdes Hosts Tracy Austin’s 41st Annual Tennis Tournament

Palos Verdes Hosts Tracy Austin’s 41st  Annual Tennis Tournament

Tennis players from the Palos Verdes Peninsula and South Bay are getting ready for the 41st Annual Tracy Austin Doubles Tennis Tournament, which will be held on July 20 & 21, 2019.  Overflow matches will be held on Friday, July 19, 2019, at Ernie Howlett Tennis Club.  This tournament is named in honor of our own local tennis celebrity, Tracy Austin, and proceeds from the event benefit the Pepper Tree Foundation which contributes to the maintenance and development of parks, trails and open space in the Rolling Hills Estates community.

This is one of the few tennis tournaments that welcomes players in all ages and skill levels.  Competition will be in Women’s Doubles, Men’s Doubles and Mixed Doubles.  Junior players can play in any level or division of the tournament.  Classifications include Open, A, B, C, C+ and D.  Players are allowed to enter in up to two divisions.  Marine League and Grand Prix players must play their current highest ranking.

The tournament takes place at the Rolling Hills Estates Tennis Club (located at Ernie Howlett Park) and The Jack Kramer Club.  The entry fee is $52 per team.  Entrants will receive a Tournament T-Shirt and complimentary gift bag.  There is a $2,000 cash prize fund to be divided among the top finishers in the Open Division.  Entry forms are available at the Rolling Hills Estates City Hall and local tennis clubs, or go to www.TracyAustinTennis.com for more information or to register online.

For more information, call Bob Krueger, Tennis Pro & Tournament Director at the Rolling Hills Estates Tennis Club, at (310) 541-4585, or the City of Rolling Hills Estates, (310) 377-1577, ext 110.  You can also contact Daniel A-Haja, Community Services Coordinator at DanielA@Rolling HillsEstatesCA,gov.

Ernie Howlett Park is located at 25851 Hawthorne Boulevard, Rolling Hills Estates, and The Jack Kramer Club is located at 11 Monticello Drive, Rolling Hills Estates.

To read my previous article about the Tracy Austin Doubles Tennis Tournament click here.

Photo courtesy of The Jack Kramer Club 

Palos Verdes Hikes & Trails Events August 2019

Palos Verdes Hikes & Trails Events August 2019

Volunteering at Palos Verdes Peninisula Land Conservancy

During the month of August 2019, the Palos Verdes Peninsula Land Conservancy is offering outdoor hikes/activities for Palos Verdes home owners to enjoy including bird walks, nature walks with naturalists and volunteer opportunities which are listed below.

Special Events: 

Guided Nature Walk by Palos Verdes Peninsula Land Conservancy will take place at La Rotunda/South Shores on Saturday, August 10, 2019, at 9:00 a.m.  You will walk through impressively restored habitat on top of an ancient slide area with spectacular bluff-top views that are well worth the visit. This is considered a moderate walk.  Park on 25th Street near Catalina Vista and the mobile home park in San Pedro. Sign up at www.pvplc.org.

Trail Crew Training with the Palos Verdes Peninsula Land Conservancy will take place on Saturday, August 10, 2019, from 9:00 a.m. to 12:00 noon. Join the indoor introductory class to learn more about how you can help improve Peninsula trails.  Sign up at www.pvplc.volunteerhub.com.

Explore creatures of the night on a Full Moon Hike with the Palos Verdes Peninsula Land Conservancy on Friday, August 16, 2019, at 8:00 p.m.  You can make a reservation to join a guided night hike at George F Canyon and learn about the mysterious nocturnal creatures that inhabit this canyon after dark.  This hike is for 9 years and older at $12 per person.  Reservations are required at www.pvplc.org. or call (310) 541-7613.

Monthly Activities:

The Family Nature Walk at George F Canyon will take place on Saturday, August 3, 2019, at 11:00 a.m.  Families will enjoy this easy and educational walk with a Naturalist through this beautiful canyon preserve and discover the unique variety of birds, mammals, reptiles and insects that call it home.  The walk concludes inside the Nature Center with a hands on exploration of the exhibits.  This event is free and appropriate for all ages.  Stroller friendly.  Leashed dogs are welcome.  The preserve is located at 27305 Palos Verdes Drive East, Rolling Hills Estates.  For more information call (S-S) 310-547-0862 or (M-F) 310-541-7613 or RSVP at www.pvplc.org, Events & Activities. 

The Family Science & Storytime at White Point Nature Education Center will take place on Saturday, August 3, 2019, at 11:00 a.m.  Bring your family to experience a hands-on-science exploration of the Peninsula’s Cactus Wren.  Then listen to our wonderful librarian, Carla Sedlacek, share related children’s literature.  Explore wildlife exhibits in the Nature Center, take a walk on the trails, or have a picnic under the historic trees.  This event is free and appropriate for all ages.  Stroller friendly.  Leashed dogs are welcome.  White Point Education Center is located at 1600 W. Paseo del Mar, San Pedro.  RSVP at www.pvplc.org, Events & Activities.

The Family Science & Storytime Featuring the Rattlesnake will take place at George F Canyon on Saturday, August 10, 2019, at 11:00 a.m.  Bring your family to experience a hands on science exploration and listen to our Naturalist share children’s literature about the rattlesnake.  Stay and explore the wildlife exhibits and beautiful preserve trail, then picnic under the shady Learning Tree.  This event is free and appropriate for all ages.  Leashed dogs and strollers are welcome.  The preserve is located at 27305 Palos Verdes Drive East, Rolling Hills Estates.  For more information call (M-F) 310-541-7613 or (S-S) 310-547-0862 or RSVP at www.pvplc.org, Events & Activities. 

Spruce up your Garden for outdoor Summer Fun!  Native Plant Sale at White Point Nature Preserve will take place on Saturday, August 10, 2019,  from 11:00 a.m. to 3:00 p.m.  These beautiful and resilient plants will attract butterflies and other pollinators with plants grown in the Conservancy’s native plant nursery.  Purchase colorful, drought tolerant native plants that make fertilizers and insecticides virtually unnecessary and require little or no water.  Naturalists are on hand to give advice.  Plants sold on first come, first served basis.  White Point Nature Preserve is located at 27305 Palos Verdes Drive East, Rolling Hills Estates.  RSVP at www.pvplc.org, Events & Activities.  

The Family Nature Walk at White Point Nature Preserve will take place on Saturday, August 17, 2019, at 11:00 a.m.  Everyone in the family will enjoy a naturalist guided walk through the Tongva Demonstration Garden where you’ll learn how early inhabitants used native plants for survival.  Then walk through beautifully restored coastal sage scrub habitat with views of Catalina.  For those interested in the military history of the area, continue to walk up to a WWII gun emplacement.  The walk concludes with a visit to the Nature Education Center with multi-media activities for all ages.  This is a moderate walk and is free, stroller friendly, and leashed dogs are welcome.  The White Point Education Center is located at 1600 W. Paseo del Mar, San Pedro.  RSVP at www.pvplc.org,Events & Activities.

The Wild Bird Unlimited Walk at White Point Nature Preserve will take place on Wednesday, August 21, 2019, at 8:30 a.m.  Join the Wild Birds Unlimited to explore the birds making White Point Nature Preserve home. Try to spot a burrowing owl or listen for the call of the endangered gnatcatcher. This program is free and all ages are welcome.  Binoculars supplied for beginners. Parking is available at 1600 W. Paseo del Mar, San Pedro.  For more information call (310) 547-0862 or RSVP at www.pvplc.org,Events & Activities.

Spruce up your garden in time for Outdoor Summer Fun!  Native Plant Sale at George F Canyon will take place on Saturday, August 24, 2019,  from 11:00 a.m. to 3:00 p.m.  Help attract butterflies and other pollinators to your garden with local native plants grown in the Conservancy’s nursery.  Purchase colorful, drought tolerant native plants that make fertilizers and insecticides virtually unnecessary and require little or no water.  Naturalists are on hand to give advice.  Plants sold on first come, first served basis.  George F Canyon is located at 27305 Palos Verdes Drive East, Rolling Hills Estates. RSVP at www.pvplc.org, Events & Activities.  

The Wild Bird Unlimited Walk at George F Canyon will take place on Wednesday, August 28, 2019, at 8:30 a.m.  Join the Wild Birds Unlimited expert birder to search for the winged creatures that thrive in the coastal sage woodland of this beautiful canyon.  This program is free and all ages are welcome.  Binoculars supplied for beginners.  Parking is available at the Center which is located at 27305 Palos Verdes Drive East, Rolling Hills Estates.  For more information call (310) 547-0862 or RSVP at www.pvplc.org,Events & Activities.

Volunteer Opportunities:

Outdoor Volunteer Day at Alta Vicente Reserve will take place on Saturdays, August 3rd, 10th and 31st, 2019, from 9:00 a.m. to 12:00 noon.  You can have fun and help restore this unique canyon habitat home to many threatened and endangered wildlife species.  Sign up at www.pvplc.volunteerhub.com.

The Family Outdoor Volunteer Activity at the George F. Canyon Nature Preserve will take place on Saturday, August 17, 2019, at 11:00 a.m.  Put on your work clothes and take part in a kid friendly habitat restoration activity: plant seeds, care for native plants, and track butterflies. Children of all ages will be learning about the role that they can play in nature conservation.  This event is free.  George F Canyon is located at 27305 Palos Verdes Drive East, Rolling Hills Estates.  For more information call (310) 541-7613 or RSVP at www.pvplc.volunteerhub.com.

Outdoor Volunteer Day at White Point Nature Preserve will take place on Saturday, August 17, 2019, from 9:00 a.m. to 12:00 noon.  Help beautify the native demonstration garden and surrounding habitat.  White Point Nature Preserve is located at 1600 W. Paseo del Mar, San Pedro.  RSVP at www.pvplc.volunteerhub.com.

Adopt your own piece of nature!  Become an Adopt-a-Plot volunteer with the Palos Verdes Peninsula Land Conservancy.  Enjoy the outdoors and become inspired by nature as a volunteer.  You will help create habitat for rare and endangered species (like the PV blue butterfly) at one of the restoration sites on the Peninsula (on your own schedule).  For more information call (310) 541-7613 x 215.

To read my prior article on Palos Verdes Hikes and Trails Events, click here.

Photo courtesy of Palos Verdes Peninsula Land Conservancy

Palos Verdes Real Estate Sales Eastview/RPV Neighborhood 2018

Palos Verdes Real Estate Sales Eastview/RPV Neighborhood 2018

Eastview Park, Rancho Palos Verdes, CA 90275

2018 Palos Verdes homes sales for Eastview/RPV decreased to52 single family homes sold compared to 54 in 2017. Price per square foot for Eastview/RPV houses that sold in 2018 decreased to $519 compared from $527 in 2017, a 1.6% decrease.  Average sales price for Eastview/RPV homes sold in 2018 was $910,334 compared to $903,254 in 2017.  The most expensive home sold for $1,295,000 and the lowest priced home sold for $700,000.

Currently, Eastview/RPV has 20 active Palos Verdes homes for sale.  There are 13 single family homes ranging in price from $822,500 for a 3 bedroom/3 bath,1,360 square foot home, to $1,100,000 for a 4 bedroom/2 bath, 1,790 square foot home.  There are 7 condo/townhomes for sale ranging in price from $465,000 for a 2 bedroom/2 bath, 1,455 square foot condo/townhome, to $677,000 for a 3 bedroom/2 bath, 1,282 square foot condo/townhome for sale in this area. 

For background and history on Eastview/RPV Multiple Listing Area 177, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Eastview Park courtesy of the City of Rancho Palos Verdes

Favorite Palos Verdes Homes – July 9, 2019

Favorite Palos Verdes Homes – July 9, 2019

My favorite Palos Verdes Homes on the July 9, 2019 Palos Verdes real estate Broker’s Tour (35 homes had open houses today) are described below.  We currently have 263 single family Palos Verdes homes for sale ranging in price from $989,900 in Rancho Palos Verdes (The low in Eastview is $840,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 37 Palos Verdes condos/townhomes for sale priced between $399,000 and $2,345,000.  My favorite Palos Verdes homes today:

   

Greg Geilman & Rob Freedman’s (RE/MAX Estate Properties) 1540 Via Leon, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 4 bath, 4,295 square foot home for $2,399,000.  This gorgeous HGTV contemporary Lunada Bay remodel features sweeping panoramic ocean/Catalina views, lofty vaulted ceilings w/skylights, sleek remodeled kitchen w/center island & breakfast nook, master suite w/opulent master bath, and extensive deck space.  Rod Yoon’s (Keller Williams Palos Verdes) 3 Avenida De Magnolia, Rancho Palos Verdes, 90275 (above right) is a 5 bedroom, 4 bath, 3,948 square foot home for $1,680,000.  This gorgeous Mira Catalina home features panoramic views from LA/San Pedro/Long Beach/Orange County, large master suite w/fireplace & his/her closets, and charming outdoor patio w/barbecue.

   

Jackie Wang-Dojiri’s (RE/MAX Estate Properties) 4412 Lucera Circle, Palos Verdes Estates, 90274 (above left) is a 3 bedroom, 2 bath, 1,300 square foot home for $1,250,000.  This charming upgraded Valmonte home features city light views, remodeled kitchen, remodeled baths and large 3 tier backyard.  Cari Corbalis & Brittney Austin’s (RE/MAX Estate Properties) 8 Via La Cima, Rancho Palos Verdes, 90274 (above right) is a 3 bedroom, 3 bath, 2,414 square foot townhome for $1,149,000.  This beautiful hacienda style Crest townhome features ocean/Queen’s necklace views, light & bright kitchen w/new appliances, upstairs loft, master with his/her baths and community pool/spa.

To read my prior article on favorite Palos Verdes homes click here.

Photos courtesy of CRMLS

Palos Verdes Real Estate Sales June 2019 For Palos Verdes Homes

Palos Verdes Real Estate Sales June 2019 For Palos Verdes Homes

Palos Verdes Real Estate chart June 2019 showing active, pending, and sold Palos Verdes homes 90274 and 90275

Palos Verdes real estate sales June 2019 for Palos Verdes homes decreased compared to May.  61 Palos Verdes houses sold in June compared to the 65 homes sold in May and decreased from the the 82 homes that sold in June 2018.  There were 72 Palos Verdes single family homes pending in June which decreased from the 79 homes pending in May.  The number of active Palos Verdes homes for sale in June (258) increased from the 241 homes for sale in May.

Average sales price for Palos Verdes homes sold in June decreased to $1,818,000 from $1,908,000 in May and decreased from the $2,025,000 in June 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in June decreased to $651 from May ($653).  Average days on market in June decreased to 35 days from 44 days in May.  Months of inventory (months it would take to sell existing inventory at the current rate of sale) increased to 4.2 months in June for Palos Verdes homes for sale compared to 3.7 months in May.  A “normal” market is considered 6 months of inventory and Palos Verdes real estate “months of inventory” is lower indicating the higher demand for Palos Verdes homes.  Entire charts can be accessed by clicking here or on the “Statistics” tab above.

Currently, there are 262 single family Palos Verdes homes for sale.  104 Palos Verdes houses are in escrow (50 homes have pending sales and 54 homes are under contract).  Additionally, 14 homes have sold/closed escrow in the first 8 days of July with an average sales price of $2,207,927.

To read last month’s report on Palos Verdes Real Estate sales, click here.

Chart courtesy of Trendgraphix, Inc.