Palos Verdes real estate single family home sales in the first 21 days of March 2014 are 31 homes which is a substantial increase from the 20 Palos Verdes homes sold in the first 21 days of February and a decrease from the first 21 days of March 2013 (49). (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 March 1st to date is $1,579,472 which is an increase from last month’s average of $1,244,215 for this same time period. The average sales price for this same time period in March 2013 was $1,356,235.
In March 2014 to date, the highest priced Palos Verdes home sold for $3,900,000 and is located in the Lunada Bay neighborhood of Palos Verdes Estates and has 4 bedrooms, 5 baths and 5,631 square feet on a 21,628 lot. This spectacular one level Mediterranean villa features a chef’s dream kitchen, library w/fireplace and adjoining study, soaring ceilings, a charming guest house, sparkling pool, waterfalls and a pergola. The lowest priced Palos Verdes home sold to date in March for $855,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes; this home has 3 bedrooms. 2 baths and 1,395 square feet on a 7,490 square foot lot.
We currently have 135 active single family Palos Verdes homes for sale priced between $889,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $795,000). To view Palos Verdes real estate statistics from December 2012 through February 2014, click here or on the “Statistics” tab above.
Point Vicente lighthouse in Palos Verdes courtesy of Arvin Design
