Mid May 2014 Palos Verdes Homes Sales

Mid May 2014 Palos Verdes Homes Sales

Spring flowers in Palos Verdes

Palos Verdes real estate single family home sales in the first 23 days of May 2014 are 42 homes which is exactly the same as the 42 Palos Verdes homes sold in the first 23 days of April and a slight increase from the first 23 days of May 2013 (41).  (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 $1,633,724 which is an increase from last month’s average of $1,416,597 for this same time period.  The average sales price for this same time period in May 2013 was $1,453,963.

In May 2014 to date, the highest priced Palos Verdes home sold for $4,680,000 and is located in the Palos Verdes Drive South neighborhood of Rancho Palos Verdes and has 5 bedrooms, 7 baths and 5,120 square feet on a 27,986 square foot lot.  This beautiful ocean bluff home features breathtaking ocean/coast/Catalina Island views, a remodeled gourmet kitchen, two family rooms, an exercise room, an elevator, a four car garage, a putting green, a sand volleyball court and a pool/spa.  The lowest priced Palos Verdes home sold to date in May for $780,000 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 3 bedrooms. 2 baths and 1,815 square feet on a 12,721 square foot lot.

We currently have 171 active single family Palos Verdes homes for sale priced between $919,999 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $725,000).  To view Palos Verdes real estate statistics from February 2013 through April 2014, click here or on the “Statistics” tab above.

To view my prior article on Mid April 2014 Palos Verdes Homes Sales, click here.

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