Mid February 2018 Palos Verdes Home Sales

Mid February 2018 Palos Verdes Home Sales

Palos Verdes mustard fields courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 22 days of February 2018 are 37 homes which is an increase from the 26 Palos Verdes homes sold in the first 22 days of January and a decrease from first 22 days of February 2017 (31).  (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 $1,718,946 which is an increase from last month’s average of $1,530,782 for this same time period and a decrease from $1,901,668 last February.

In February 2018 to date, the highest priced Palos Verdes home sold for $6,399,999 and is located in the Palos Verdes Drive South neighborhood of Palos Verdes Estates and has 5 bedrooms, 5 baths and 7,954 square feet on a 31,804 square foot lot.  This stunning custom built cliff home features unobstructed 180 degree ocean/Catalina views, master wing w/private balcony, wine cellar, outdoor patio kitchenette, and infinity pool and spa.  The lowest priced Palos Verdes home sold to date in February for $1,130,000 and is located in the Los Verdes neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 1,404 square feet on a 9,015 square foot lot.

We currently have 133 active single family Palos Verdes homes for sale priced between $1,090,000 in the Los Verdes neighborhood and $40,000,000 in the City of Rolling Hills.  To view Palos Verdes real estate statistics from November 2016 through January 2018, click here or on the “Statistics” tab above.

To read my prior article on Mid January 2018 Palos Verdes Home Sales click here.

Photo of Palos Verdes mustard fields courtesy of Arvin Design

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