Palos Verdes Real Estate – Los Verdes Neighborhood Update

2011 Palos Verdes home sales for the Los Verdes neighborhood decreased to 28 single family homes sold compared to 40 in 2010 – a 30% decrease in number of homes sold. Price per square foot for Los Verdes homes that sold in 2011 was $436 compared to $454 in 2010.  Average sales price for Los Verdes homes that sold in 2011 was $968,100 compared to $992,379 in 2010.

Currently, there are 8 single family homes for sale in this area.  They range from $779,000 for a 3 bedroom/2 bath, 1,434 square foot home, to $1,100,000 for a 4 bedroom/3 bath, 2,184 square foot single family residence.

For background and history on Los Verdes Multiple Listing Area #173, 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 Hesse Park courtesy of the City of Rancho Palos Verdes

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