Mid October 2014 Palos Verdes Homes Sales
Palos Verdes real estate single family home sales in the first 20 days of October 2014 are 28 homes which is down from the 39 Palos Verdes homes sold in the first 20 days of September and from the first 20 days of October 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 October 1st to date is $ 2,224,527 which is an increase from last month’s average of $ 1,995,730 for this same time period. There were two large sales since the beginning of the month for $13,500,000 and $6,388,000 The average sales price for this same time period in October 2013 was $1,381,678.
In October 2014 to date, the highest priced Palos Verdes home sold for $13,500,000 and is located in the Monte Malaga Cove neighborhood of Palos Verdes Estates and has 9 bedrooms, 12 baths and 15,147 square feet on a 69,896 square foot lot. This magnificent Tuscan Villa features stunning ocean views, a huge gourmet kitchen, library, cinema-grade home theater, wine cellar, gym, sauna, tennis court, pool, spa, manicured gardens and sprawling lawns. The lowest priced Palos Verdes home sold to date in October for $899,000 and is located in the Valmonte neighborhood of Palos Verdes Estates; this home has 3 bedrooms, 2 baths and 1,487 square feet on a 7,933 square foot lot.
We currently have 189 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 $648,000). To view Palos Verdes real estate statistics from July 2013 through September 2014, click here or on the “Statistics” tab above.
Photo of Point Vicente Lighthouse courtesy of Arvin Design