Sales for Palos Verdes real estate single family homes in the first 23 days of May 2013 is 40 homes which is down from the 45 Palos Verdes homes sold in the first 23 days of April and down slightly from the first 23 days of May 2012 (43). (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 May 1st to date is $1,437,813 which is up from last month’s average of $1,383,796 for this same time period.
In May 2013 to date, the highest priced Palos Verdes home sold for $2,850,000 and there were two homes that sold for that price. One is located in the Country Club neighborhood of Rancho Palos Verdes and features 6 bedrooms, 5 baths, 6,344 square feet, spectacular ocean and golf course views, a gourmet kitchen, spacious library, large pool and a half acre lot. The second home is located in the La Cresta neighborhood neighborhood of Racho Palos Verdes and features 5 bedrooms, 5 baths, 5,207 square feet, sweeping views of the ocean/Catalina, a spacious office, pool/jacuzzi, and a half acre lot that backs up the Portuguese Bend Nature Preserve. The lowest priced Palos Verdes home sold to date in May for $800,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes; this home has 1,124 square feet, 3 bedrooms and 2 baths on a 10,696 square foot lot.
We currently have 138 active single family Palos Verdes homes for sale priced between $750,000 in Rancho Palos Verdes and $12,500,000 also in Rancho Palos Verdes (the low in Eastview is $575,000). To view Palos Verdes real estate statistics from February 2012 through April 2013, click here or on the “Statistics” tab above.
Photo above is Palos Verdes Spring flowers
