Palos Verdes real estate in 2020 experienced increases in the number of homes sold, average sales price, and price per square foot – all this during the Co-vid pandemic. There were 33 additional single family Palos Verdes homes sold in 2020 – 701 single family Palos Verdes homes sold in 2020 compared to 668 homes in 2019 – an increase of 4.9%. Average price for Palos Verdes homes sold in 2020 was $2,025,422 compared to $1,806,133 in 2019 – an increase of 12.1%. 2020 average price per square foot for Palos Verdes homes was $683 compared to $655 in 2019 – an increase of 4.2%.
The mix of Palos Verdes homes sales for 2020 again showed less sales under $1,000,000. In 2020, 40 Palos Verdes homes sold for under $1,000,000 (compared to 59 homes in 2019). In 2020, 422 Palos Verdes homes sold between $1,000,000 and $2,000,000 (compared to 426 homes in 2019). In 2020, 219 Palos Verdes homes sold between $2,000,000 and $5,000,000 (compared to 164 homes in 2019). Finally, in 2020, 20 Palos Verdes homes sold for $5,000,000 or more (compared to 11 homes in 2019). The most expensive home sold in 2020 for $10,500,000 compared to $15,500,000 in 2019.
Next week, I will discuss 2020 sales by neighborhood for all of the Palos Verdes Peninsula.
Photo of a Palos Verdes cove courtesy of Arvin Design
Palos Verdes Peninsula Rotary Club Educator of the Year Award Presentation!
Palos Verdes Peninsula Rotary Club will be honoring nine outstanding local teachers virtually, at their Educator of the Year award presentation on Thursday, February 4, 2021, from 6:00 p.m. to 10:00 p.m. This forty year tradition will be missing their traditional gala dinner, but this is a critical year to highlight educators who are working tirelessly online, in hybrid format, and in person according to Palos Verdes Peninsula Rotary Club, President Eileen Hupp. The teachers being honored are the role models that help lead the way to inspire and guide our children.
Every year, a group of schools select an Educator of the Year for this event. This year the honorees are as following: Lydia Cordova – Ridgecrest Intermediate School, Michelle Slattery – Palos Verdes Peninsula High School, Kristy Spencer – Rancho Vista Elementary School, Bonnie Roth – Dapplegray Elementary School, Captain Joy Groenleer – College for Officer Training at the Salvation Army, Jose Rincon – Marymount California University, Chris Meisel – Chadwick School, Christy Burden – Peninsula Heritage School and Jonny Brammah – Rolling Hills Prepatory and Rennaissance Schools.
The community is invited to support the Rotary Club’s scholarship program by purchasing a ticket to the virtual event or making a tax deductible donation. Scholarship applications are available at all high schools and their seniors are encouraged to apply for the Club’s 2021 College Scholarships. To date they have raised over $410,000 for need based college and vocational scholarships for students.
Ticket prices are $20, and buyers will be provided with the viewing link and information by noon on February 4th, 2021, via the email address provided at time of purchase. To purchase tickets click here.
For additional information contact Eileen Hupp at firstname.lastname@example.org, or call 310-377-8111.
Photo courtesy of the Palos Verdes Peninsula Rotary Club
Favorite New Palos Verdes Homes For Sale – January 19, 2021
My favorite new Palos Verdes homes listings on January 12, 2021 are described below. We currently have 72 single family Palos Verdes homes for sale ranging in price from $1,196,000 in Rancho Palos Verdes (the low in Eastview is $950,000) to $22,295,000 in the City of Palos Verdes Estates. There are 18 Palos Verdes condos/townhomes for sale priced between $500,000 and $1,945,000. My favorite new Palos Verdes homes listings are:
Bill Ruth (Keller Williams Palos Verdes) & Charles Raine’s (RE/MAX Estate Properties) 87 Crest Road E, Rolling Hills, 90274 (above left) is a 4 bedroom, 4 bath, 4,000 square foot home for $7,950,000. This gorgeous recently remodeled Rolling Hills home features panoramic ocean/Catalina views, remodeled kitchen w/center island, great room, office, pool/spa and regulation tennis court. Craig Martin’s (Realty One Group Success) 2228 Via La Brea, Palos Verdes Estates, 90274 (above right) is a 5 bedroom, 7 bath, 5,515 square foot home for $4,500,000. This beautiful Monte Malaga home features stunning panoramic ocean views, kitchen w/large center island & breakfast nook, family room, large bonus room, office, sauna and entertainers backyard with pool/spa.
Chris Adlam’s (Vista Sotheby’s International Realty) 29 Sea Cove, Rancho Palos Verdes, 90275 (above left) is a 3 bedroom, 5 bath, 3,950 square foot home for $2,999,999. This custom rebuilt Abalone Cove home features peek-a-boo ocean views, work of art kitchen, loft like upstairs living space, enchanting owners suite, spacious garage and outdoor kitchen w/pizza oven. Nicole Reis’ (Compass) 3512 Bendigo Drive, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 3 bath, 2,582 square foot home for $2,199,000. This meticulously maintained Mira Catalina home features breathtaking ocean/Catalina views, upgraded kitchen, upgraded bathrooms, home office, jacuzzi & putting green.
To read my prior article on favorite Palos Verdes homes for sale click here.
Photos courtesy of CRMLS
Enjoy Family Movie Fun On Friday Nights!
Palos Verdes homes owners with children or grandchildren are looking for fun nighttime activities to enjoy. The Rodium Drive-In is currently offering Friday Night Flicks at their Torrance location to allow families to enjoy classic 1950’s fun.
The Rodium Drive-in has revived its classic one-of-a-kind movie experience every Friday Night in February and March of 2021. You can enjoy a classic film in a throwback retro setting where you can put the kids in pajamas, make popcorn, and bring your own favorite snacks. Restrooms are available, but the snack bar is not open. Following LA County Public Health Covid protocols, masks must be worn anytime you are out of your vehicle. There is a $30 ticket cost which covers everyone in your vehicle. You can purchase tickets in advance by clicking here. The gates open at 6:00 p.m. and the movie starts at 7:00 p.m. Below is a list of the movies which will be coming soon:
Friday, January 29, 2021, Uncle Buck
Friday, February 5, 2021, Lady and the Tramp
Friday, February 12, 2021, The Notebook
Friday, February 19, 2021, The Parent Trap
Friday, February 26, 2021, Ghost
Friday, March 5, 2021, Spy Kids
Friday, March 12, 2021, Stand By Me
Friday, March 19, 2021, Men In Black
Friday, March 26, 2021, Mean Girls
The Rodium Drive-In is located at 2500 West Redondo Beach Boulevard, Torrance.
Photos courtesy of the Rodium Drive-In
Ocean View Home In Hollywood Riviera!
Coming on Tuesday, January 19, 2021, is an ocean view Hollywood Riviera home offered at $1,450,000. 442 Calle De Aragon, Redondo Beach, is a 3 bedroom, 2 bath, 1,683 square foot home located on a 6,457 square foot lot with the most fabulous LOCATION less than a mile to the beach and Palos Verdes trails. This is such an amazing opportunity to live in the much sought after Hollywood Riviera neighborhood. You can watch ocean sunsets and enjoy peaceful Queens Necklace coastline views from your living room, bedroom or covered front porch. It’s an easy walk to the Riviera Village with all of its restaurants, shops, coffee houses and Trader Joe’s.
Take a descriptive tour with me through this home…..After a look at your beautiful ocean/coastline view, walk into a spacious Living Room with fireplace and triple picture window showcasing those ocean views. Continue walking into the Dining Room which looks out onto the patio and grassy flat backyard. Turn left into your Kitchen with eating area. Back through the Dining Room enter into the bedroom wing. The front Bedroom has those beautiful ocean views and wood floors. The second/middle Bedroom has wood floors. There is a full hallway bath with both tub and shower. Continue down the hallway to the Master Suite with two closets and doors opening to the garden. This charming home is ready for your creative ideas to flow and personalize to your own liking while enjoying its unparalleled location.
Photos courtesy of Arvin Design
Palos Verdes AYSO 2021 New Winter Soccer Information!
Palos Verdes AYSO Soccer (Region 10) has had to change its season. As many of you are aware, the Palos Verdes AYSO Board decided to replace the traditional Fall Season with a Winter 2021 “Skills and Drills” Season.
There will be 8 clinics starting in February and each division will meet for either 45 minutes or 1 hour beginning the first week of February for eight weeks. Winter 2021 Skills and Drills Season will have practices beginning Tuesdays on Feb. 2, and Wednesdays on Feb. 3, and Saturdays on February 6, per Wendy Murdoch, Region 10 Regional Commissioner. (This was rescheduled from January following the new guidance from the LA County Department of Health (1/13/2021). Each child will receive a ball and t-shirt. All Covid protocols will be followed – every coach will wear a mask, social distancing will be practiced, and parents will NOT be allowed to watch on the field (you will have to go back to your cars after you check in your child).
Please remember that a COVID waiver will be required to be on file for your child to participate. Please complete this form and bring it with you to the first session.
To find the schedule and location of practices for the next eight weeks click here.
For more information, check out the PV AYSO home page here.
To read my last article on AYSO Region 10 Soccer click here.
Photo courtesy of AYSO Region 10
Favorite New Palos Verdes Homes For Sale – January 12, 2021
My favorite new Palos Verdes homes listings on January 12, 2021 are described below. We currently have 75 single family Palos Verdes homes for sale ranging in price from $1,325,000 in Rancho Palos Verdes (the low in Eastview is $1,299,000) to $22,295,000 in the City of Palos Verdes Estates. There are 17 Palos Verdes condos/townhomes for sale priced between $565,000 and $1,945,000. My favorite new Palos Verdes homes listings are:
Jason Buck’s (RE/MAX Estate Properties) 1443 Via Castilla, Palos Verdes Estates, 90274 (above left) is a 4 bedroom, 4.5 bath, 4,725 square foot home for $2,775,000. This beautiful upper Lunada Bay home features panoramic ocean views, chef’s kitchen w/large island & eating area, 2 owner’s suites, loft, large family room and sparkling pool/spa. Jared & Jerry Yutronich’s (RE/MAX Estate Properties) 30601 Tarapaca Road, Rancho Palos Verdes, 90275 (above right) is a 3 bedroom, 5 bath, 3,300 square foot home for $2,050,000. This lovely Palos Verdes Drive East home features an open air chefs kitchen, spacious owner’s retreat, outdoor restaurant quality kitchen, and pool/spa.
Sharon McHale’s (RE/MAX Estate Properties) 1037 Calle Stellare, Rancho Palos Verdes, 90275 (above left) is a 3 bedroom, 2 bath, 1,890 square foot home for $1,699,000. This stunning gated Sol y Mar 55+townhome features ocean/Queens’ necklace/city views, private elevator, designer kitchen w/spacious peninsula, private zen patio & community fitness center/bocce ball court and jacuzzi. Joyce Yang’s (RE/MAX Estate Properties) 26729 Shadow Wood Drive, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 2 bath, 1,891 square foot home for $1,349,000. This remodeled Silver Spur home features an updated open kitchen w/island & breakfast area, formal dining room, family room, remodeled owner’s bath, large rear yard.
To read my prior article on favorite Palos Verdes homes for sale click here.
Photos courtesy of CRMLS
Lunada Bay Little League 2021 Registration Is Open!
Lunada Bay home owners who want their children play in the Lunada Bay Little League Spring 2021 season can register now. Lunada Bay Little League is committed to its player safety. Due to the uncertainty of play and Covid restrictions, you are not required to submit payment with your registration this year. They are hoping that everyone who intends on playing in the spring will register so that they will have an idea of how many players and teams they may be able to form at each level.
At this time they are planning on having tryouts in early January, with team formation and practices beginning in late January, and the regular season beginning in late February. This will all depend on LA County Health Dept reopening the county for youth organized sports. Once the county has lifted the restriction, your full registration payment will be due at that time in order for your children to participate. If you would like to pay with your registration, you are more than welcome to do so. If it turns out that season play is not allowed in Spring of 2021, they will be rebating those advance registration fees. So, if you are interested in having your children play in the spring, you can register now by clicking here. When you register, note that the website will ask you to choose a division with a corresponding initial fee amount. Just choose the correct division for your child and disregard the stated fee amount. At the end of the registration process when you get to the payment page there will be a drop-down menu concerning payment. Please select “Pay Offline.” This will allow you to complete the registration process without making a payment at this time. When the Little League is able to proceed, they will reach out again about fees.
As we all know from the past, one size does not always fit all. There are always exceptions to a child’s level of play. Below are some general guidelines for divisional league ages. However, if you would like help in determining your child’s play level, you can reach out through the website to contact email@example.com.
ages 5-6: T-ball (tee with some coach pitch)
age 7: Farm (machine/coach pitch)
ages 9-8: Minors (machine/kid pitch)
ages 11-10: Intermediate
ages 11-12: Majors
For more information regarding Lunada Bay Little League click here.
Photo courtesy of the Lunada Bay Little League
Palos Verdes real estate sales December 2020 for Palos Verdes homes increased compared to November. 78 Palos Verdes houses sold in December compared to the 62 homes sold in November and increased compared to the 56 homes that sold in December 2019. There were 54 Palos Verdes single family homes pending in December which decreased from the 61 homes pending in November. The number of active Palos Verdes homes for sale in December (82) decreased from the 111 homes for sale in November.
Average sales price for Palos Verdes homes sold in December decreased to $1,996,000 compared to $2,015,000 in November, and increased from the $1,686,000 in December 2019. Price per square foot for Palos Verdes houses that sold/closed escrow in December increased to $723 from $682 in November. Average days on market in December was 26 days which decreased from the 44 days in November. Months of inventory (months it would take to sell existing inventory at the current rate of sale) decreased to 1.1 months in December for Palos Verdes homes for sale compared to 1.8 months in November. 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. 69 Palos Verdes houses are in escrow (29 homes have pending sales and 40 homes are active under contract). Additionally, 17 homes have sold/closed escrow in the first 8 days of January.
To read my November report on Palos Verdes Real Estate sales, click here.
Chart courtesy of Trendgraphix, Inc.
Palos Verdes Art Center 2021 Virtual Winter Registration!
The Palos Verdes Art Center is scheduling their Winter Term online only due to continuing public health concerns. The Winter Term will begin on January 11, 2021, and continue through March 13, 2021. The doors will reopen at Art Center when they can enforce strict social distancing and sanitizing guidelines, and they have been working diligently to create a safe environment for our return. Registration for the winter classes has begun, and you can find classes and registration information by clicking here.
Some of the adult classes that will be offered are: Ceramic Handbuilding, Int-Adv Wheel Throwing, Drawing Principles, Glass Mosaic, Benefits of Still Life Painting, Essentials of Painting, Experimental Oil Techniques, Intro to Alcohol Ink Painting, Intro to Water Mixable Oil, Mixed Media, Online Collage, Watercolor Techniques, Portfolio Development, and The Art of Understanding. There is also a Youth Studio – Kindergarten through 2nd Grade, which offers Imagination & Creation, & Fundamentals of Art 1 – Drawing & Painting, and 3rd-5th Grade which offers Botanical Drawing, Fundamentals of Art 2 – Drawing & Painting, and Hands On.
The Palos Verdes Art Center is located at 5504 W. Crestridge Road, Rancho Palos Verdes. For more information call (310) 541-2479.
To read my prior article on the Palos Verdes Art Center click here.
Photo courtesy of the Palos Verdes Art Center