Palos Verdes Real Estate Valmonte Update

Palos Verdes Trees

2011 Palos Verdes Home sales for the Valmonte neighborhood decreased to 37 single family homes sold compared to 40 in 2010 – a 7.5% decrease.  Price per square foot for Valmonte houses that sold in 2011 was $506 compared to $526 in 2010.  Average sales price for Valmonte homes sold in 2011 was $1,209,634 compared to $1,234,938 – a slight decrease.

Currently, as of 3/30/2012, Valmonte has only 6 active Palos Verdes homes for sale.  They range from $995,000 for a 3 bedroom, 2 bath, 1,780 square foot home to $2,295,000 for a 4 bedroom, 5 bath, 3,631 square foot home.

For background and history on Valmonte Multiple Listing Area 164, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the Statistics tab above.

Photo courtesy of Arvin Design

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