Palos Verdes real estate single family home sales in the first 25 days of July 2013 are 50 homes which is down from the 56 Palos Verdes homes sold in the first 25 days of June and significantly up from the first 25 days of July 2012 (31). (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 July 1st to date is $1,329,452 which is down from last month’s average of $1,497,194 for this same time period. The average sales price for this same time period in July 2012 is $1,321,326.
In July 2013 to date, the highest priced Palos Verdes home sold for $6,325,000 and is located in the city of Rolling Hills and has 4 bedrooms, 6 baths and 8,136 square feet on over a 2 acre lot, This gated equestrian estate features panoramic queens necklace/ocean/city views, a library, a wine room, office, a workout room, a large game room, pool/spa, tennis court and equestrian facilities. The lowest priced Palos Verdes home sold to date in July for $830,000 and is located in the Los Verdes neighborhood of Rancho Palos Verdes; this home has 1,672 square feet, 4 bedrooms and 2 baths on a 6,238 square foot lot.
We currently have 168 active single family Palos Verdes homes for sale priced between $797,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $547,000). To view Palos Verdes real estate statistics from April 2012 through June 2013, click here or on the “Statistics” tab above.
Photo of Palos Verdes beach courtesy of Arvin Design
