Mid March 2017 Palos Verdes Home Sales

Mid March 2017 Palos Verdes Home Sales

Photo of Palos Verdes mustard w/ocean courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 22 days of March 2017 are 30 homes which is a slight decrease from the 31 Palos Verdes homes sold in the first 22 days February and a decrease from first 22 days of March 2016 (35).  (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 March 1st to date is $1,584,625 which is an decrease from last month’s average of $1,901,668 for this same time period and a decrease from $1,720,302 last March.

In March 2017 to date, the highest priced Palos Verdes home sold for $3,180,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 5 bedrooms, 6 baths and 4,556 square feet on a 16,833 square lot.  This fabulous home features ocean/city views, a gourmet kitchen w/professional grade 8-burner stove and 4 ovens, a large master suite w/luxurious bath, a separate office, a wine cellar, an in-ground trampoline, tree house, pool and infinity edged spa.  The lowest priced Palos Verdes home sold to date in March for $1,025,000 and is located in the West Palos Verdes neighborhood of Rancho Palos Verdes; this home has 4 bedrooms, 2 baths and 1,864 square feet on a 10,880 square foot lot.

We currently have 157 active single family Palos Verdes homes for sale priced between $1,000,000 in Rancho Palos Verdes and $48,000,000 in the city of Rolling Hills.  To view Palos Verdes real estate statistics from December 2015 through February 2017, click here or on the “Statistics” tab above.

To read my prior article on Mid February 2017 Palos Verdes Home Sales click here.

Photo of Palos Verdes mustard fields courtesy of Arvin Design

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