Sales for Palos Verdes real estate single family homes in the first 23 days of April are almost exactly the same as sales to date for this time last month (39). 38 Palos Verdes houses have been reported as sold to date since April 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 April 1st to date is $1,410,388 which is up from last month’s average of $1,233,711.
In April 2012 to date, the highest priced Palos Verdes home sold for $4,050,000 in the Oceanfront neighborhood of Rancho Palos Verdes; it was a magnificent 6,431 square foot Mediterranean style home built in 2005 with 6 bedrooms and 7 baths with panoramic ocean views, an ultimate gourmet kitchen, an office, infinity pool & spa, and 4-car garage on a 24,853 square foot lot. The lowest priced Palos Verdes home sold to date in April for $530,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes; this home has 1,395 square feet, 3 bedrooms and 2 baths on a 7,883 square foot lot.
We currently have 181 active single family Palos Verdes homes for sale priced between $280,000 in Rancho Palos Verdes (a 663 square foot commercial office which now is on a residential zoned lot that is 1,312 square feet) and $12,950,000 in the city of Rolling Hills (the low in Eastview is $529,000). To view Palos Verdes real estate statistics from January 2011 through March 2012, click here or on the “Statistics” tab above.
Photo is of The Gazebo at Roessler Point in Palos Verdes Estates
