Mid August 2014 Palos Verdes Homes Sales
Palos Verdes real estate single family home sales in the first 21 days of August 2014 are 44 homes which is down from the 53 Palos Verdes homes sold in the first 21 days of July and an increase from the first 21 days of July 2013 (36). (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 August 1st to date is $1,636,135 which is an increase from last month’s average of $1,452,605 for this same time period. The average sales price for this same time period in August 2013 was $1,465,424
In August 2014 to date, the highest priced Palos Verdes home sold for $6,820,000 and is located in the Monte Malaga neighborhood city of Palos Verdes Estates and has 5 bedrooms, 8 baths and 6,418 square feet on a 23,402 square foot lot. This brand new breathtaking Mediterranean estate features unobstructed Queen’s Necklace/ocean/city views, gourmet kitchen, library, home theater, wine cellar, elevator, outdoor barbecue kitchen and pool/spa with waterfall. The lowest priced Palos Verdes home sold to date in August for $905,000 and is located in the Palos Verdes Drive North neighborhood of Rolling Hills Estate; this home has 4 bedrooms, 2 baths and 1,542 square feet on a 14,262 square foot lot.
We currently have 224 active single family Palos Verdes homes for sale priced between $899,000 in Rolling Hills Estates and $53,000,000 in the city of Rolling Hills (the low in Eastview is $450,000). To view Palos Verdes real estate statistics from May 2013 through July 2014, click here or on the “Statistics” tab above.
To view my prior article on Mid July 2014 Palos Verdes Homes Sales, click here.
