Sales for Palos Verdes real estate single family homes in the first 21 days of July almost match sales to date for this time last month (38). 37 Palos Verdes houses have been reported as sold to date since July 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 July to date is $1,336,819 which is down from last months average of $1,445,000.
In July 2011 to date, the highest priced Palos Verdes home sold for $3,000,000 in the city of Rolling Hills; it was a new custom built 4,320 square foot home with 4 bedrooms and 5 baths on a 119,354 square foot lot with a panoramic ocean/coastline city view. The lowest priced Palos Verdes home sold to date in July for $606,200 and is located in the Lunada Bay area of Palos Verdes Estates; this short sale was 1,307 square feet, 2 bedrooms and 2 baths on a 6,400 square foot lot.
We currently have 286 active single family Palos Verdes homes for sale priced between $699,000 in Rolling Hills Estates and $12,950,000 in Rolling Hills (the low in Eastview is $579,900). To view Palos Verdes real estate statistics from April 2010 through June 2011, click here or on the “Statistics” tab above.