Sales for Palos Verdes real estate have definitely picked up from last month. 44 Palos Verdes houses have been reported as sold to date since May 1, 2011. (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 for May to date is $$1,398,332 which is up from last month average of $1,248,000.
In May 2011 to date, the highest priced Palos Verdes home sold for $4,600,000 in the city of Rolling Hills; it was a 6,000 square foot estate with 6 bedrooms and 8 baths on a 139,800 square foot lot with panoramic ocean/Catalina views and a guest house. The lowest priced Palos Verdes home that sold to date in May for $610,000 is located in the Eastview area of Rancho Palos Verdes; it was a 1,840 square foot single family home with 3 bedrooms and 3 baths on a 6,300 square foot lot.
We currently have 269 active single family Palos Verdes homes for sale priced between $579,900 in Rancho Palos Verdes and $12,800,000 in Rolling Hills (the low in Eastview is $499,000). To view Palos Verdes real estate statistics from February 2010 through April 2011, click here or on the “Statistics ” tab above.
