Sales for Palos Verdes real estate single family homes in the first 26 days of January have decreased compared to sales to date for this time last month (37). 20 Palos Verdes houses have been reported as sold to date since January 1, 2012. (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 January to date is $1,596,809 which is up from last month’s average of $1,462,000.
In January 2012 to date, the highest priced Palos Verdes home sold for $7,000,000 in the city of Rolling Hills; it was a fantastic, gated equestrian estate with a 1o,000 square foot home with 5 bedrooms and 7 baths with unobstructed, panoramic ocean, coastline and city views, a home theater with 120″ screen with stadium seating (& it’s own kitchen), elevator, work-out room, a separate guest house, pool/spa, and barn, all on a 4.4 acre landscaped lot. The lowest priced Palos Verdes home sold to date in January for $655,000 and is located in the Palos Verdes Drive North neighborhood of Rolling Hills Estates; this home has 1,472 square feet, 3 bedrooms and 2 baths on a 18,950 square foot lot and was a short sale.
We currently have 195 active single family Palos Verdes homes for sale priced between $759,000 in Rancho Palos Verdes and $10,500,000 also in Palos Verdes Estates (the low in Eastview is $497,000). To view Palos Verdes real estate statistics from October 2010 through December 2011, click here or on the “Statistics” tab above.
