Palos Verdes Homes Top Tuesday Tour Tips – August 20, 2013

There were 23 homes on the August 20, 2013, Palos Verdes real estate Broker’s Tour.  We currently have 164 single family Palos Verdes homes for sale ranging in price from $749,000 in Rancho Palos Verdes 90275 to $53,000,000 in the City of Rolling Hills  (The low in Eastview is $679,000.).   There are 47 Palos Verdes townhomes for sale priced between $349,000 and $2,695,000.  My favorite Palos Verdes homes today are:

724 Via Del Monte, Palos Verdes Estates, CA 90274  30502 Palos Verdes Drive West, Rancho Palos Verdes, CA 90275

Kathy and Rachel Tyndall’s (RE/MAX Estate Properties) 724 Via Del Monte, Palos Verdes Estates 90274 (above left) is a 3 bedroom, 3 bath, 2,604 square foot home for $2,160,000.  This exquisitely remodeled Malaga Cove home features coastline views from nearly every room, a chef’s kitchen and a terraced garden w/vine covered pergola.  Dean Thomas’ (E Real Estate Corp.) 30502 Palos Verdes Drive West, Rancho Palos Verdes 90275 (above right) is a 5 bedroom, 4 bath, 3,884 square foot home for $1,999,000.  This custom West Palos Verdes home features spectacular ocean views, a gourmet kitchen and an exercise room with sauna.

1221 Via Zumaya, Palos Verdes Estates, CA 90274  6826 Faircove Drive, Rancho Palos Verdes, CA 90275

Kim Hall’s (RE/MAX Estate Properties) 1221 Via Zumaya, Palos Verdes Estates 90274 (above left) is a 5 bedroom, 4bath, 2,938 square foot home for $1,499,000.   This traditional Lunada Bay home features gorgeous ocean views, fabulous curb appeal and a pool/spa.  Jackie Wang-Dojiri’s (RE/MAX Estate Properties) 6826 Faircove Drive, Rancho Palos Verdes 90275 (above right) is a 4 bedroom, 3 bath, 2,875 square foot home for $1,399,000.  This beautifully remodeled Country Club home features a totally remodeled kitchen, ocean  views, and Brazilian cherry hardwood floors.

Photos courtesy of CRMLS

Palos Verdes Real Estate Sales – Los Verdes Neighborhood 2012

2012 Palos Verdes homes sales for the Los Verdes neighborhood increased to 32 single family homes sold in 2012 compared to 27  in 2011 – an 18.5% increase.  Price per square foot for Los Verdes houses that sold in 2012 increased to $457 compared to $440 in 2011 a 3,8% ubcrease.  Average sales price for Los Verdes homes sold in 2012 was $941,109 compared to $965,918 in 2011.  The most expensive home sold for $1,350,000 and the lowest priced home sold for $710,000.

Currently, the Los Verdes neighborhood has 5 active Palos Verdes homes for sale.  There are 4 single family homes for sale ranging from $1,099,000 for a 4 bedroom/3 bath, 2,420 square foot home to $1,495,000 for a 5 bedroom/4 bath, 3,429 square foot home.

For background and history on Los Verdes Multiple Listing Area 173, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above

Palos Verdes Real Estate Los Verdes Neighborhood First Half of 2012

Palos Verdes homes sales for the Los Verdes neighborhood for the first half of 2012 was the same (13) as the first half of 2011 (13 single family homes sold).  Average sales price for Los Verdes homes sold in the first half of 2012 increased to $958,423 from $921,769 for the first half of 2011.  Price per square foot for Los Verdes houses that sold in the first half of 2012 was nearly the same ($447) as the first half of 2011 ($449).  The most expensive home sold for $1,350,000 and  the lowest priced home sold for $710,000.

Currently, Los Verdes has 2 active Palos Verdes homes for sale.  There are 2 single family homes ranging from $905,000  for a 4 bedroom 2 bath, 1,617 square foot home, to $1,250,000 for a 5 bedroom/4 bath, 2,788 square foot home.

For background and history on Los Verdes, Multiple Listing Service #173, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula click here or on the Statistics tab above.

Photo of Hesse Park courtesy of the City of Rancho Palos Verdes

Palos Verdes Real Estate – Los Verdes Neighborhood Update

2011 Palos Verdes home sales for the Los Verdes neighborhood decreased to 28 single family homes sold compared to 40 in 2010 – a 30% decrease in number of homes sold. Price per square foot for Los Verdes homes that sold in 2011 was $436 compared to $454 in 2010.  Average sales price for Los Verdes homes that sold in 2011 was $968,100 compared to $992,379 in 2010.

Currently, there are 8 single family homes for sale in this area.  They range from $779,000 for a 3 bedroom/2 bath, 1,434 square foot home, to $1,100,000 for a 4 bedroom/3 bath, 2,184 square foot single family residence.

For background and history on Los Verdes Multiple Listing Area #173, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the Statistics tab above.

Photo of Hesse Park courtesy of the City of Rancho Palos Verdes

Palos Verdes Real Estate Area MLS # 173 – Los Verdes

Palos Verdes real estate area #173 is known as Los Verdes and is located in the city of Rancho Palos Verdes. Multiple listing Service Area 173 is mostly composed of track homes on the west side of Hawthorne Blvd, and is bordered by Palos Verdes Estates to the north and west and Hesse Park to the south.

This MLS area is home to Vista Grande Elementary School, and Hesse Park.  Hesse Park is one of the favorite parks on the Peninsula.  It houses a large community center which is used for not only the Senior Citizen lecture series, and summer concerts in the park, but is also the registration and game site and for many of our local sports teams.  This facility has multiple rooms that are available for public use. This park is well manicured with the upper level home to baseball and soccer fields, and a large picnic area with barbecues. It has a large playground area that has not only great equipment for older children, but also a great facility for toddlers.  On the lower level there is a sand volleyball court and also more picnic areas.  The park has great walking paths.  As you stroll along, you can take in the ocean and Catalina views.

Currently there are 13 single family homes for sale in this area.  They range from $695,000 for a 4 bedroom/2 bath, 1,834 square foot home, to $1,449,000 for a 5 bedroom/4 bath, 2,788 square foot single family residence.

Photo courtesy of the City of Rancho Palos Verdes

2010 Home Sales by Neighborhood

Palos Verdes 2010 Real Estate Sales by Neighborhood for 90274 and 903275

Sales by neighborhood for Palos Verdes real estate detail an average price range of over $1,000,000 for 13 out of 17 areas; only 4 areas were below $1,000,000.  Single family Palos Verdes homes showed an increase in average sales price in 9 areas ranging from .8% in Lunada Bay to 46.4% in West Palos Verdes.  Rolling Hills posted the largest decrease in average sales price of 21.6%.

Lunada Bay had the largest number of Palos Verdes homes sold (61) and West Palos Verdes had the smallest number of homes sold (12).  West Palos Verdes also had the highest average sales price at $2,436,667 for Palos Verdes homes sold.   The higest average square foot price for Palos Verdes homes sold was in Los Verdes at $685 per square foot and the lowest was in Eastview RPV at $392 per square foot.

The average price for single family Palos Verdes homes sold in 2010 was $1,441,118 which was 3.6% higher than 2009.  The average price per square foot for Palos Verdes homes sold was $496 per square foot which was 2% lower than 2009.  A better view of the above chart can be seen by clicking here or on the “Statistics ” tab above.