Mid September 2016 Palos Verdes Home Sales

Mid September 2016 Palos Verdes Home Sales

View of Palos Verdes from Redondo Beach courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 22 days of September 2016 are 23 homes which is a decrease from the 41 Palos Verdes homes sold in the first 22 days August and a decrease compared to the first 22 days of September 2015 (39).  (It may take an additional week for some sales to post after the actual close of escrow).  The average sales price for single family Palos Verdes homes from September 1st to date is $1,603,109 which is a decrease from last month’s average of $1,716,989 for this same time period and an increase from $1,552,377 last September.

In September 2016 to date, the highest priced Palos Verdes home sold for $2,380,000 and is located in the Lunada Bay neighborhood of Palos Verdes Estates and has 4 bedrooms, 4 baths and 2,700 square feet on a 6,563 square foot lot.  This stunning newly constructed home features a gourmet kitchen, a luxurious master suite w/ocean views, wired for Smart Home System Technology, a large yard and huge deck off the master suite.   The lowest priced Palos Verdes home sold to date in September for $938,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 1,322 square feet on a 14,333 square foot lot.

We currently have 227 active single family Palos Verdes homes for sale priced between $865,000 in Rancho Palos Verdes and $48,000,000 in the city of Rolling Hills (the low in Eastview is $658,900).  To view Palos Verdes real estate statistics from June 2015 through August 2016, click here or on the “Statistics” tab above.

View of Palos Verdes from Redondo Beach courtesy of Arvin Design

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