Mid January 2019 Palos Verdes Home Sales

Mid January 2019 Palos Verdes Home Sales

Palos Verdes Drive North Trail courtesy of Avin Design

Palos Verdes real estate single family home sales in the first 21 days of January 2019 are 12 homes which is a decrease from the 30 Palos Verdes homes sold in the first 21 days of December and a decrease from first 21 days of January 2018 (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 January 1st to date is $3,542,579 which is an increase from last month’s average of $1,948,792 for this same time period and an increase from $1,530,782 last January.

In January 2019 to date, the highest priced Palos Verdes home sold for $14,100,000 and is located in the Malaga Cove neighborhood and has 5 bedrooms, 6 baths and 8,847 square feet on a 3.25 acre lot.  This majestic Spanish Colonial masterpiece features a dramatic gated entry, breathtaking ocean/coastline views from nearly every room, a spectacular living room, music room, remarkable master suite w/dual baths & private office, paneled billiard room, wine cellar, massage room, lush gardens, and pool/spa.  The lowest priced Palos Verdes homes sold to date in January for $1,300,000 and are located in the Country Club neighborhood of Rancho Palos Verdes (this home has 4 bedrooms, 3 baths and 2,076 square feet on a 12,511 square foot lot) and the Peninsula Center neighborhood of Rancho Palos Verdes (this home has 4 bedrooms, 3 baths, and 2,814 square feet on a 12,182 square foot lot).

We currently have 144 active single family Palos Verdes homes for sale priced between $999,000 in the Palos Verdes Drive North neighborhood to $11,900,000 in the Monte Malaga neighborhood.  To view Palos Verdes real estate statistics from October 2017 through December 2018, click here or on the “Statistics” tab above.

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

Photo of Valmonte Trail courtesy of Arvin Design

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