Sales for Palos Verdes real estate single family homes in the first 16 days of September are considerably less than sales to date for this time last month (27). 16 Palos Verdes houses have been reported as sold to date since September 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 September to date is $1,859,631 which is up from last months average of $1,393,654.
In September 2011 to date, the highest priced Palos Verdes home sold for $7,425,000 in the city of Rancho Palos Verdes in Oceanfront Estates; it was a custom built 8,337 square foot home with 6 bedrooms and 7 baths with panoramic ocean/Catalina views, a library, office/study, home theater, elevator, an infinity pool, spa, fountain, putting green and a 4-car garage on a 32,770 square foot lot. The lowest priced Palos Verdes home sold to date in August for $689,000 and is located in the Eastview area of Rancho Palos Verdes; this home has 1,568 square feet, 3 bedrooms and 2 baths on a 12,628 square foot lot.
We currently have 266 active single family Palos Verdes homes for sale priced between $680,000 in Rancho Palos Verdes and $14,900,000 also in Rancho Palos Verdes (the low in Eastview is $548,000). To view Palos Verdes real estate statistics from June 2010 through August 2011, click here or on the “Statistics” tab above.
