We are in the Spring selling season for Palos Verdes real estate with 25 Palos Verdes homes reported sold to date. (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 houses for April to date is $1,254,950 which is down from last month when we had several high end homes close escrow.
In April 2011 to date, the highest priced Palos Verdes home sold for $3,000,000 in the Monte Malaga area of Palos Verdes Estates; it was a 2,224 square foot home with 3 bedrooms and 2 baths on a 39,090 square foot lot with stunning Queen’s Necklace ocean/coastline views. The lowest priced Palos Verdes home sold in the Eastview area of Rancho Palos Verdes; it was a 2,366 square foot single family home with 4 bedrooms and 4 baths on a 6,590 square foot lot.
We currently have 249 active single family Palos Verdes homes for sale priced between $699,000 in Rancho Palos Verdes and $12,800,000 in Rolling Hills (the low in Eastview is $569,000). To view Palos Verdes real estate statistics from January 2010 through March 2011, click here or on the “Statistics ” tab above.