Palos Verdes real estate single family home sales in the first 21 days of February 2014 are 20 homes which is a decrease from the 25 Palos Verdes homes sold in the first 21 days of January and the first 21 days of February 2013 (26). (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 February 1st to date is $1,244,215 which is decrease from last month’s average of $1,743,724 for this same time period. The average sales price for this same time period in February 2013 was $1,339,051.
In February 2014 to date, the highest priced Palos Verdes home sold for $1,890,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates and has 4 bedrooms, 3 baths and 2,750 square feet on a 6,724 lot. This Spanish contemporary home features spectacular 180 degree ocean and queens necklace views, vaulted ceilings and large verandas/balconies. The lowest priced Palos Verdes home sold to date in February for $910,800 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 3 bedrooms. 2 baths and 1,642 square feet on a 7,813 square foot lot.
We currently have 129 active single family Palos Verdes homes for sale priced between $855,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $649,000). To view Palos Verdes real estate statistics from November 2012 through January 2014, click here or on the “Statistics” tab above.
Photo of Palos Verdes beach/coastline courtesy of Arvin Design
