Sales for Palos Verdes real estate single family homes in the first 21 days of January are lower than sales for the first 21 days of last month (41) but much higher than the first 21 days of January 2012 (18). 28 Palos Verdes houses have been reported as sold to date since January 1, 2013. (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 from January 1st to date is $1,183,663 which is down from last month’s average of $1,390,871 for this same time period.
In January 2013 to date, the highest priced Palos Verdes home sold for $3,300,000 in the City of Rolling Hills; this Ranch style equestrian property has 6,530 square feet, 6 bedrooms and 6 baths. It features a gourmet kitchen, updated bathrooms, a pool, and separate guest quarters on a 2 acre lot. The lowest priced Palos Verdes home sold to date in January for $735,000 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 1,735 square feet, 3 bedrooms and 2 baths on a 23,260 square foot lot.
We currently have 104 active single family Palos Verdes homes for sale priced between $550,000 in Rancho Palos Verdes and $10,990,000 in the city of Rolling Hills (the low in Eastview is $569,500). To view Palos Verdes real estate statistics from October 2011 through December 2012, click here or on the “Statistics” tab above.
Photo of Palos Verdes Golf Club courtesy of Arvin Design
