Mid August 2017 Palos Verdes Home Sales

Mid August 2017 Palos Verdes Home Sales

Palos Verdes coastline courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 22 days of August 2017 are 27 homes which is a decrease from the 57 Palos Verdes homes sold in the first 22 days July and a decrease from first 22 days of August 2016 (41).  (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 August 1st to date is $1,536,373 which is a decrease from last month’s average of $2,078,226 for this same time period and an increase from $1,745,428 last August.

In August 2017 to date, the highest priced Palos Verdes home sold for $3,750,000 and is located in the Monte Malaga neighborhood of Rancho Palos Verdes and has 4 bedrooms, 4 baths and 4,986 square feet on a 14,409 square lot. This beautiful home features spectacular panoramic views of the ocean, coastline and city lights, gourmet kitchen which opens to one of the two family rooms and an outdoor entertainer’s dream with saltwater pool and spa. The lowest priced Palos Verdes home sold to date in August for $831,000 and is located in the Eastview/RPV neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 3 baths and 1,298 square feet on a 5,692 square foot lot.

We currently have 212 active single family Palos Verdes homes for sale priced between $959,000 in Rancho Palos Verdes and $40,000,000 in the city of Rolling Hills.  To view Palos Verdes real estate statistics from May 2017 through July 2017, click here or on the “Statistics” tab above.

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

Photo of Palos Verdes coastline courtesy of Arvin Design

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