Mid July 2017 Palos Verdes Home Sales
Palos Verdes real estate single family home sales in the first 20 days of July 2017 are 52 homes which is an decrease from the 55 Palos Verdes homes sold in the first 20 days June and an increase from first 20 days of July 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 July 1st to date is $1,898,730 which is an increase from last month’s average of $1,756,497 for this same time period and an increase from $1,722,353 last July.
In July 2017 to date, the highest priced Palos Verdes home sold for $9,250,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 5 bedrooms, 8 baths and 9,017 square feet on a 34,082 square lot. This fabulous Tuscan style estate features panoramic ocean views, office, library, theater, gym, wine cellar, tennis court, Zen garden, outdoor kitchen, and pool/spa. The lowest priced Palos Verdes home sold to date in July for $900,000 and is located in the Peninsula Center neighborhood of Rancho Palos Verdes; this home has 4 bedrooms, 2 baths and 1,701 square feet on a 7,483 square foot lot.
We currently have 223 active single family Palos Verdes homes for sale priced between $949,000 in Rancho Palos Verdes and $23,450,000 in the city of Palos Verdes Estates. To view Palos Verdes real estate statistics from April 2017 through June 2017, click here or on the “Statistics” tab above.
Photo of Palos Verdes coastline courtesy of Arvin Design