Mid October 2016 Palos Verdes Homes Sales
Palos Verdes real estate single family home sales in the first 20 days of October 2016 are 35 homes which is an increase from the 21 Palos Verdes homes sold in the first 20 days September and a decrease compared to the first 20 days of October 2015 (53). (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 October 1st to date is $1,722,969 which is an increase from last month’s average of $1,622,500 for this same time period and a decrease from $1,899,822 last October.
In October 2016 to date, the highest priced Palos Verdes home sold for $4,850,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 4 bedrooms, 7 baths and 5,310 square feet on a 18,472 square foot lot. This spectacular Spanish Hacienda features a huge Queen’s necklace/ocean/coastline views, a gourmet kitchen w/butler’s pantry, a magnificent master suite w/sitting room, wine cellar, and elevator. The lowest priced Palos Verdes home sold to date in October for $960,000 and is located in the Silver Spur neighborhood of Rolling Hills Estates; this home has 4 bedrooms, 2 baths and 1,596 square feet on a 7,990 square foot lot.
We currently have 217 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 $788,000). To view Palos Verdes real estate statistics from July 2015 through September 2016, click here or on the “Statistics” tab above.