Mid June 2017 Palos Verdes Home Sales

Mid June 2017 Palos Verdes Home Sales

Palos Verdes hills with ocean views courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 21 days of June 2017 are 58 homes which is an increase from the 53 Palos Verdes homes sold in the first 21 days May and an increase from first 21 days of June 2016 (45).  (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 June 1st to date is $1,803,385 which is an increase from last month’s average of $1,725,284 for this same time period and an increase from $1,778,814 last June.

In June 2017 to date, the highest priced Palos Verdes home sold for $4,850,000 (pre-completion sale) and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 5 bedrooms, 8 baths and 7,472 square feet on a 20,580 square lot.  This beautiful custom built Tuscan Villa features panoramic ocean/Catalina views, a colossal gourmet kitchen, an elevator, venetian plastered walls, a fabulous master suite w/spa quality master bath, theater room, viewing tower, gym, wine cellar, and fountain lined swimming pool.  The lowest priced Palos Verdes home sold to date in June for $830,000 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 3 baths and 2,070 square feet on a 8,248 square foot lot.

We currently have 216 active single family Palos Verdes homes for sale priced between $849,900 in Rancho Palos Verdes and $48,000,000 in the city of Rolling Hills.  To view Palos Verdes real estate statistics from March 2017 through May 2017, click here or on the “Statistics” tab above.

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

Photo of Palos Verdes hills with ocean view courtesy of Arvin Design

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