Sales for Palos Verdes real estate single family homes in the first 19 days of August almost match sales to date for this time last month (33). 35 Palos Verdes houses have been reported as sold to date since August 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 August to date is $1,348,790 which is up from last months average of $1,187,00.
In August 2011 to date, the highest priced Palos Verdes home sold for $5,050,000 in the city of Rancho Palos Verdes in Oceanfront Estates; it was a custom built 7,969 square foot home with 5 bedrooms and 9 baths with panoramic ocean/Catalina views, a gym, an indoor saltwater pool and a 5-car garage on a 31,918 square foot lot. The lowest priced Palos Verdes home sold to date in August for $700,111 and is located in the Eastview area of Rancho Palos Verdes; this home has 1,746 square feet, 4 bedrooms and 2 baths on a 8,100 square foot lot.
We currently have 285 active single family Palos Verdes homes for sale priced between $669,000 in Rolling Hills Estates and $14,900,000 in Rancho Palos Verdes (the low in Eastview is $579,900). To view Palos Verdes real estate statistics from May 2010 through July 2011, click here or on the “Statistics” tab above.
