Sales for Palos Verdes real estate single family homes in the first 15 days of December have increased compared to sales to date for this time last month (20). 25 Palos Verdes houses have been reported as sold to date since December 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 December to date is $1,587,074 which is up from last months average of $1,117,325.
In December 2011 to date, the highest priced Palos Verdes home sold for $6,300,000 in the city of Rancho Palos Verdes in Lunada Ponte; it was a spectacular designer estate with a 1o,000 square foot home with 7 bedrooms and 9 baths with panoramic ocean/Catalina/whitewater views, a home theater, library, his and hers offices, game room, gym, a separate guest house, pool/spa, all on a lot over an acre. The lowest priced Palos Verdes home sold to date in December for $407,500 and is located in the Eastview area of Rancho Palos Verdes; this home has 853 square feet, 2 bedrooms and 1 bath on a 6,490 square foot lot.
We currently have 189 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 $539,900). To view Palos Verdes real estate statistics from September 2010 through November 2011, click here or on the “Statistics” tab above.