Mid August 2018 Palos Verdes Home Sales

Mid August 2018 Palos Verdes Home Sales

Photo of Vicente Point courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 20 days of August 2018 are 48 homes which is an decrease from the 52 Palos Verdes homes sold in the first 20 days of July and an increase from first 20 days of August 2017 (26).  (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 $1,763,526 which is an decrease from last month’s average of $1,898,730 for this same time period and an increase from $1,591,277 last August.

In August 2018 to date, the highest priced Palos Verdes home sold for $6,500,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 5 bedrooms, 5 baths and 4,482 square feet on a 31,351 square foot lot.  This stunning custom home features jaw-dropping ocean views, welcoming kitchen w/unique circular island, butler’s pantry, vaulted ceilings, full height picture windows, family room w/bonus loft, and an outdoor fireplace.  The lowest priced Palos Verdes home sold to date in August for $925,000 and is located in the Los Verdes neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 1,471 square feet on a 15,152 square foot lot.

We currently have 214 active single family Palos Verdes homes for sale priced between $985,000 in the Silver Spur neighborhood to $23,888,000 in the City of Palos Verdes Estates.  To view Palos Verdes real estate statistics from May 2017 through July 2018, click here or on the “Statistics” tab above.

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

Photo of Vicente Point courtesy of Arvin Design

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