Palos Verdes real estate single family home sales in the first 23 days of January 2014 are 32 homes which is a decrease from the 40 Palos Verdes homes sold in the first 23 days of December and just about the same as the first 23 days of January 2013 (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 January 1st to date is $1,710,972 which is quite an increase from last month’s average of $1,440,469 for this same time period. The average sales price for this same time period in January 2013 was $1,198,631 .
In January 2014 to date, the highest priced Palos Verdes home sold for $6,080,000 and is located in the Oceanfront Estates neighborhood of Rancho Palos Verdes and has 4 bedrooms, 8 baths and 8,547 square feet on a 28,954 lot. This unique custom built home built in 2008 features panoramic ocean/Catalina/coastline views, infinity spa, heated pool, outdoor kitchen, koi pond, fully-furnished movie theatre, massage room with lounge area & dry sauna, game room, and wine cellar. The lowest priced Palos Verdes home sold to date in January for $350,000 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 663 square feet and is a studio with 1 bath on a 1,312 square foot lot.
We currently have 121 active single family Palos Verdes homes for sale priced between $949,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $699,000). To view Palos Verdes real estate statistics from October 2012 through December 2013, click here or on the “Statistics” tab above.
Photo of Bluff Cove courtesy of Arvin Design
