Mid February 2017 Palos Verdes Home Sales

Mid February 2017 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 20 days of February 2017 are 28 homes which is an increase from the 25 Palos Verdes homes sold in the first 20 days January and an increase from first 20 days of February 2016 (27).  (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 February 1st to date is $1,950,382 which is an increase from last month’s average of $1,710,680 for this same time period and an increase from $1,753,815 last February.

In February 2017 to date, the highest priced Palos Verdes home sold for $5,280,000 and is located in the Lunada Bay neighborhood of Palos Verdes Estates and has 4 bedrooms, 4 baths and 4,860 square feet on a 21,684 square foot bluff lot.  This privately gated Mediterranean estate features breathtaking ocean/sunset/whitewater views, a courtyard entrance, separate office, a wine cellar, 3-car garage, and an outdoor barbecue entertaining area and pool.  The lowest priced Palos Verdes home sold to date in February for $961,800 (at auction) and is located in the Palos Verdes Drive South neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 1,794 square feet on a 8,678 square foot lot.

We currently have 142 active single family Palos Verdes homes for sale priced between $1,025,000 in Rancho Palos Verdes and $48,000,000 in the city of Rolling Hills (the low in Eastview is $769,000).  To view Palos Verdes real estate statistics from November 2015 through January 2017, click here or on the “Statistics” tab above.

To read my prior article on Mid January 2017 Palos Verdes Home Sales.

View of Palos Verdes from Redondo Beach courtesy of Arvin Design.

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