Palos Verdes real estate sales August 2021 for Palos Verdes homes decreased compared to July. 82 Palos Verdes houses sold in August compared to 84 homes in July and increased compared to the 76 homes that sold in August 2020. There were 89 Palos Verdes single family homes pending in August which increased from the 86 homes pending in July. The number of active Palos Verdes homes for sale in August (84) decreased from the 86 homes for sale in July.
Average sales price for Palos Verdes homes sold in August increased to $2,753,000 compared to $2,482,000 in July, and increased from the $2,018,000 in August 2020. Price per square foot for Palos Verdes houses that sold/closed escrow in August increased to $885 from $828 in July. Average days on market in August was 24 days which increased from the 21 days in July. Months of inventory (months it would take to sell existing inventory at the current rate of sale) stayed at 1 month in August which is exactly the same as July for Palos Verdes homes for sale. A “normal” or balanced market is considered 3 months of inventory and Palos Verdes real estate “months of inventory” is considerably lower indicating the continuing demand for Palos Verdes homes. Entire charts can be accessed by clicking here or on the “Statistics” tab above.
Currently, there are 77 single family Palos Verdes homes for sale. 100 Palos Verdes houses are in escrow (57 homes have pending sales and 43 homes are active under contract). Additionally, 32 homes have sold/closed escrow in the first 12 days of August.
To read my July report on Palos Verdes Real Estate sales, click here.
Chart courtesy of Trendgraphix, Inc.
Palos Verdes Homes Owners Join 2021 International Coastal Cleanup Day!
Palos Verdes Homes owners can participate in the annual Coastal Cleanup Day which is a worldwide beach clean up program that has the largest number of volunteers on the planet. California Coastal Cleanup Day was started in 1985 by the California Coastal Commission. Last year it is said that over half a million volunteers removed almost 18.3 million pounds of trash and debris from beaches, rivers and lakes throughout the state.
Coastal Cleanup Day has gained importance as debris has washed up on our coastline not only from old storm waste, but also our own local waste. Our local annual Coastal Cleanup Day is scheduled for Saturday, September 18,2021, from 9:00 a.m. to 12:00 noon at Abalone Cove Shoreline Park. Los Angeles County alone has more than 60 sites participating in this clean up. Los Serenos de Point Vicente and The City of Rancho Palos Verdes will combine efforts to help improve the health and safety of our coastline.
Palos Verdes homes owners have some of the cleanest beaches and we can all do our part to keep them this way. Heal the Bay is again reporting that Palos Verdes beaches and coves are in the current top Honor Roll 2020-2021 list for California. This means that our local waters have received grades of A and A+ throughout the year. Heal the Bay assigns weekly grades to more than 500 sites along the West Coast for summer dry-weather water quality and to another 60 locations that are on year round monitoring. Heal the Bay is a nonprofit environmental organization dedicated to making Southern California coastal waters and watersheds safe, healthy and clean. They use science, education, community action and advocacy to pursue their mission.
Come and join neighbors and friends at Abalone Cove and be a part of the largest volunteer day. You can participate in this worldwide event by volunteering right here in your own backyard while enjoying our beautiful coast at the same time. This year, event organizers are promoting zero waste and are asking participants to bring their own reusable gloves and buckets. Disposal bags will be provided to hold recyclables and trash. No RSVP is needed. All volunteers are required to sign a waiver and volunteers under the age of 18 must have the appropriate liability waiver signed by a parent or legal guardian before they can participate.
Abalone Cove is located at 5970 Palos Verdes Drive South, Rancho Palos Verdes. For more information call (310) 544-5260, or go to www.LosSerenos.org. There is free parking for the event 30 minutes before and after the cleanup.
To read my prior article on the City of Rancho Palos Verdes Abalone Cove Coastal Cleanup Day click here.
Photo of Hopkin’s Rose Nudibranch courtesy of Los Serenos de Point Vicente
Panoramic City View Home In Hollywood Riviera!
My new listing on the Multiple Listing today is a panoramic city view Hollywood Riviera home offered at $1,299,000. 24704 Via Valmonte, Torrance, is a 3 bedroom, 2 bath, 1,784 square foot home located on a 6,938 square foot lot.
Panoramic City Views await you and your guests. Relax under a beautiful shade tree while enjoying the patio and fabulous views. At night, enjoy the city lights and seasonal fireworks. Single level 1,784 square foot 3 bedroom 1 3/4 bath home with a great floor plan and lots of ambient light. Versatile Dining Room with fireplace, sitting area, and city views opens to Kitchen. Entertain in your spacious Living Room with 2-way fireplace and city views. Updated Kitchen with breakfast bar, pantry and skylight. Primary suite with wall-to-wall closet and city views. The 2 additional bedrooms are large and there is a full hall bath. Formal entry has double doors and terrazzo floors. Many new double pane windows. 2-car garage with an extra outside parking spot on the side. You can make this wonderful home your own private oasis, a place for peace and quiet.
Photos courtesy of CRMLS
Rolling Hills Estates 64th Annual City Celebration!
Palos Verdes home owners appreciate local activities to enjoy with their families. On Saturday, September 25, 2021, from 9:00 a.m. to 3:00 p.m., the City of Rolling Hills Estates will celebrate 64 years of incorporation and the event will take place at the Empty Saddle Club. This event has free admission and visitors are able to join in hay rides, pony rides, petting zoos, stickers and stick races. There will also be equestrian competitions and a poker chip ride available for equestrians.
You will be able to purchase food from vendors while enjoying the equestrian activities that will be entertaining the crowd. The events fundraising will go towards the Pepper Tree Foundation which helps to maintain local parks and open spaces with trees, benches and green care. For more information click here, or call Daniel A-Haja, Community Services Coordinator at (310) 377-1577 ext. 110.
The Empty Saddle Club is located at 39 Empty Saddle Lane, Rolling Hills Estates.
Photo courtesy of the City of Rolling Hills Estates
Favorite Palos Verdes Homes September 7, 2021
My favorite new Palos Verdes homes listings on September 7, 2021, are described below. We currently have 71 single family Palos Verdes homes for sale ranging in price from $1,199,900 in Rancho Palos Verdes (the low in Eastview is $1,238,000) to $19,995,000 in the City of Palos Verdes Estates. There are 18 Palos Verdes condos/townhomes for sale priced between $435,000 and $2,598,000. My favorite new Palos Verdes homes listings are:
Brittney Austin & Cari Corbalis’ (Vista Sotheby’s International Realty) 4004 Via Nivel, Palos Verdes Estates, 90274 (above left) is a 4 bedroom, 5 bath, 3,140 square foot home for $3,600,000. This luxurious new Tomaro designed Valmonte home features gourmet kitchen w/Neolth center island, mud room w/built-in office space, primary suite w/fireplace/private deck, and covered patio w/outdoor fireplace. Dana Graham’s (Berkshire Hathaway HomeService) 2901 Via Victoria, Palos Verdes Estates, 90274 (above right) is a 6 bedroom, 5 bath, 5,631 square foot home for $2,995,000. This spectacular Lunada Bay home features panoramic ocean views, cavernous living/dining rooms, large kitchen w/breakfast nook & 2 pantries and spacious primary suite.
Mark Tuccinardi’s (Vista Sotheby’s International Realty) 30695 Ganado Drive, Rancho Palos Verdes, 90275 (above left) is a 3 bedroom, 3 bath, 1,918 square foot home for $1,980,000. This gorgeous updated Mira Catalina home features breathtaking ocean/Catalina views as well as views of miles of bays/cove/cliffs/coastline, wide plank floors, remodeled kitchen w/granite island, remodeled baths w/floating vanities, and is newly landscaped. Suzanne Dyer’s (Berkshire Hathaway HomeService) 27619 Warrior Drive, Rancho Palos Verdes, 90275 (above right) is a 3 bedroom, 2 bath, 1,612 square foot home for $1,499,000. This beautiful updated one story Peninsula Center home features some city light views, spacious remodeled kitchen, upgraded baths, gorgeous entertaining patio, pergola, and mini fruit orchard.
To read my prior article on favorite Palos Verdes homes for sale click here.
Photos courtesy of CRMLS
Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2021
Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2021 increased to 14 single family homes sold in 2021 compared to 5 in 2020. Price per square foot for Malaga Cove houses that sold in the first half of 2021 increased to $975 from $683 in 2020, a 42.8% increase. Average sales price for Malaga Cove homes sold in the first half of 2021 increased to $3,217,548 in 2021, compared to $2,877,271 in 2020. The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $9,200,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $1,635,000.
Currently, the Malaga Cove neighborhood has 6 Palos Verdes homes for sale. There are 5 single family homes for sale ranging in price from $2,998,000 for a 4 bedroom/4 bath, 2,911 square foot home, to $14,850,000 for a 5 bedroom/7 bath, 10,000 square foot home. There is 1 condo/townhome for sale and is a 2 bedroom/2 bath, 1,300 square foot condo for $1,049,000.
For background and history on the Malaga Cove Neighborhood Multiple Listing Area 163, please click here to read my original article on this neighborhood.
To view current Palos Verdes home sales for the Malaga Cove neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.
Photo of Malga Cove Plaza courtesy of Arvin Design
Palos Verdes Library District September 2021 Activities!
Palos Verdes homes owners are happy that the Palos Verdes Library District has expanded its hours. Now that the kids are back to school, the library will be returning to regular hours for our students also.
September is Library Card Sign-Up Month!
To celebrate, Kids, Teens, and Adults can sign up for a library card and get a raffle ticket. Pick up a raffle ticket all month long at any of the service desks. Prizes will be announced in the first week of October.
How to Enter:
- Sign up for a library card inside the library or at www.pvld.org. Kids age 13 and under can sign up with their parent’s permission and get a small prize. 2. Show at any desk that you have downloaded the PVLD app. (The App is available in the Apple App Store or Google Play Store). 3. Take your library card selfie. Tag @palosverdeslibrary with a photo of your card on Social Media. The PVLD App has lots of great features like checking your online account, searching the catalog and managing holds, renewing items, seeing events, and much more. it can also be used as your library card. Just sign into the app and your barcode will be saved under “My Barcode.”
2021 Annual Community Art Show – Art Show Applications opened September 1, 2021.
Each fall, the Palos Verdes Library District holds their Annual Community Art Show inviting local artists, professional and amateurs alike, to participate. This year, they are excited to host the Community Art Show at the Peninsula Center Library as their first in-person event since March 2020. Submissions will be accepted via paper and online from September 1 to 25, 2021. For more information click here.
Frank A. Vanderlip and WWI: the impact of the war on the local harbor community.
This event will take place on Saturday, September 25, 2021, at 10:00 a.m. to 11:00 a.m. Online registration is required. Join for a local history lecture about Frank A. Vanderlip, a founder of the PV Peninsula community and a “Renaissance Man.” This presentation will briefly outline his wartime activities as well as efforts towards post-war reconstruction. Also included will be his wartime naval construction initiative which had implications for San Pedro’s expanding shipyards. This virtual program is free, but you can register by clicking here.
Veteran’s Voices 2021
Everyone has a story and they want to capture yours! The Palos Verdes Library District invites you to share stories of your military service in radio style interview. Stories can range from recognizing or remember fellow service members or particular events of your service. Your story will become part of a program to show appreciation for veterans and their families at a later date. Bring photos or other materials related to your service and they will make those part of the project too. They will be recording throughout the month of September at the Peninsula Center Library (and virtually).
To view the 2019 Veterans’ Voices project, visit www.pvld.org/honoringveterans.
History of Hispanic Heritage Month
Each year September 15th through October 15th marks National Hispanic Heritage month. During this celebratory month, they honor stories, cultures, and contributions of those of Central and South American, Mexican, Spanish, and Caribbean ancestry. President Lyndon B. Johnson first introduced the observation of Hispanic Heritage Week in 1968 and it was later expanded to a month long celebration in 1989 under President Ronald Reagan.
Virtual Book Club
Tuesday, September 7, 2021 @ 11:00 a.m. on Zoom
The September meeting will read “The Mexican Flyboy” by Alfredo Vea Jr.
Each month, read a book with a different theme! More Info and Registration.
Miraleste Virtual Book Club
Saturday, September 11, 2021 @ 1:00 pm on Zoom
“The Only Woman in the Room” will be the book of the month.
Each month read a different book! More info and Registration
Below are the new library expansion hours:
Peninsula Center Library
Sunday hours return: 1:00 p.m. to 5:00 p.m.
Wednesday open until 8:00 p.m.
Saturday hours open until 5:00 p.m.
Malaga Cove & Miraleste Libraries
Tues/Wed/Thurs open until 5:00 p.m.
For more information about any of the above activities, visit www.pvld.org or call (310) 377-9584
Photo courtesy of the Palos Verdes Library District
Favorite Palos Verdes Homes August 31, 2021
My favorite new Palos Verdes homes listings on August 31, 2021, are described below. We currently have 81 single family Palos Verdes homes for sale ranging in price from $1,499,000 in Rancho Palos Verdes (the low in Eastview is $1,238,000) to $19,995,000 in the City of Palos Verdes Estates. There are 18 Palos Verdes condos/townhomes for sale priced between $440,000 and $2,598,000. My favorite new Palos Verdes homes listings are:
Gerard Bisignano (Vista Sotheby’s Int’l Realty) & Gary Gold’s (Hilton & Hyland) 30 Portuguese Bend Road, Rolling Hills, 90274 (above left) is a 6 bedroom, 6 bath, 6,200 square foot home for $16,500,000. This private Rolling Hills “House of Dreams” by architect Ernest Hahn features ocean/city light views, organic farm area, vineyard w/2500 producing vines, 85 olive trees, new swimming pool/spa, and outdoor kitchen. Dounia Zamora’s (Keller Williams Palos Verdes) 30057 Via Victoria, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 6 bath, 5,557 square foot home for $5,199,999. This gated custom resort style West Palos Verdes Mediterranean estate features ocean views, gourmet chef’s kitchen w/huge island, wine cellar, theater room, den, study and infinity pool/spa.
Betty Waung’s (Keller Williams Palos Verdes) 24 Santa Cruz, Rolling Hills Estates, 90274 (above left) is a 4 bedroom, 5 bath, 4,511 square foot home for $3,098,000. This beautiful Mediterranean “Vantage Point” gated community home features ocean/Catalina/mountain views, gourmet kitchen w/center island, library/office, spacious owners suite w/sitting area, 4-car garage, new outdoor waterfall and firepit. Jared & Jerry Yutronich’s (RE/MAX Estates Properties) 2011 W Macarthur Street, Rancho Palos Verdes, 90275 (above right) is a 3 bedroom, 3 bath, 1,808 square foot home for $1,399,000. This modern remodeled Eastview/RPV home features new wide planked hardwood floors, new kitchen, new bathrooms, and high ceilings.
To read my prior article on favorite Palos Verdes homes for sale click here.
Photos courtesy of CRMLS
Palos Verdes Peninsula Land Conservancy Events September 2021
Palos Verdes Peninsula Land Conservancy is opening its trails for all to enjoy. This is also a great time to consider volunteer opportunities to help maintain the beauty of our wonderful Peninsula.
Virtual Family Nature Club will take place on Saturday, September 11, 2021, at 9:00 a.m. You can join the Palos Verdes Peninsula Land Conservancy as they creep into the exciting topic of lizards. Learn about local lizards on the Peninsula, how to observe them and enjoy a fun lizard craft. To sign up click here.
Nature Walk at Ocean Trails Reserve will take place on Saturday, September 11, 2021, 2021, at 9:00 a.m. You can walk through impressive restored habitat on top of an ancient slide area with spectacular bluff top ocean views that are well worth the visit. This walk is considered easy and you can sign up at https://pvplc.org.
National Public Lands Day will be celebrated on Saturday, September 25, 2021, from 9:00 a.m. to 12:00 noon at White Point Nature Preserve. You can assist when you volunteer in a beautifully restored California native plant demonstration garden by watering native plants, mulching, eradicating invasive weeds or repairing trails that will help maintain and protect this precious public land resource. Sign up at www.pvplc.volunteerhub.com.
Team Leader Training will take place at White Point Nature Preserve on Saturday, September 4, 2021, at 9:00 a.m to 12:00 noon. Team Leaders provide support and oversight during events. If you love restoring habitat and working with others, this program is for you. All applicants must be at least 16 years of age and have gone to at least 2 volunteer events before attending the workshop. You must come prepared to work outdoors with sturdy closed toed shoes. Sign up at www.pvplc.volunteerhub.com. White Point Nature Center is located at 1600 W. Paseo del Mar, San Pedro.
Adopt a Plot Weed Warrior Training will take place on Saturday, September 4, 2021, at 12:30 p.m. The Palos Verdes Peninsula Land Conservancy will teach you everything you need to know about noxious invasive species at the White Point Nature Preserve. You will be ready to volunteer on your schedule at a designated location on the preserves. This training is recommended for 18 years of age older. Sign up at www.pvplc.volunteerhub.com
Outdoor Volunteer Day at Abalone Cove Reserve will take place on Saturday, September 18, 2021, from 9:00 a.m. to 12:00 noon. You can volunteer at the newest restoration site on a breathtaking coastal reserve by helping eradicate invasive weeds to protect native species. Sign up at www.pvplc.volunteerhub.com. Abalone Cove Reserve is located at 5970 Palos Verdes Drive South, Rancho Palos Verdes.
Rapid Response Team will take place on Fridays & Saturdays, from 9:00 a.m. to 12:00 noon. You will work alongside conservancy staff protecting important wildlife habitat by closing unauthorized trails. The tasks include trail maintenance, building fences, installing signage, and more. No experience is needed and volunteers can be 15 years of age and up. They will be working at various locations and you can volunteer by going to www.pvplc.volunteerhub.com.
Photo of Ocean Trails Reserve courtesy of the Palos Verdes Peninsula Land Conservancy
Palos Verdes Home Sales Monte Malaga Neighborhood 1st Half 2021
Palos Verdes homes sales in the Monte Malaga neighborhood for the first half of 2021 increased to 26 single family homes sold in 2021 compared to 6 in 2020. Price per square foot for Monte Malaga houses that sold in the first half of 2021 increased to $854 from $688 in 2020, a 24.1% increase. Average sales price for Monte Malaga homes sold in the first half of 2021 increased to $3,216,856 in 2021 compared to $2,177,333 in 2020. The most expensive Palos Verdes home sale in the Monte Malaga neighborhood was $9,250,000 and the lowest priced Palos Verdes home sale in the Monte Malaga neighborhood was $1,500,000.
Currently, the Monte Malaga neighborhood has 9 Palos Verdes homes for sale. There are 9 single family homes for sale ranging in price from $1,599,950 for a 3 bedroom/2 bath, 1,749 square foot home, to $10,900,000 for a 6 bedroom/9 bath, 10,207 square foot home. There are no condo/townhomes for sale in this area.
For background and history on the Monte Malaga Neighborhood Multiple Listing Area 162, please click here to read my original article on this neighborhood.
To view current Palos Verdes home sales for the Monte Malaga neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.
Photo of Queen’s Necklace view from Monte Malaga courtesy of Arvin Design