Mid January 2015 Palos Verdes Homes Sales

Mid January 2015 Palos Verdes Homes Sales

Photo of Palos Verdes Gatehouse courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 22 days of January 2015 are 25 homes which is nearly the same as the 26 Palos Verdes homes sold in the first 22 days of December and a decrease from the first 22 days of January 2014 (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 January 1st to date is $2,017,927 which is an increase from both last month’s average of $1,589,323 for this same time period and from the $1,712,132 last January.

In January 2015 to date, the highest priced Palos Verdes home sold for $15,500,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 3 bedrooms, 4 baths and 4,014 square feet on a 116,369 square foot lot.  This magnificent ocean view property features unobstructed picturesque views of Los Angeles and the entire Santa Monica Bay, tennis court, swimming pool, orchard w/fruit trees, vegetable farm and is the third largest property in Palos Verdes Estates.  The lowest priced Palos Verdes home sold to date in January for $880,000 and is located in the Peninsula Center neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 1,442 square feet on a 8,554 square foot lot.

We currently have 145 active single family Palos Verdes homes for sale priced between $769,900 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 October 2013 through December 2014, click here or on the “Statistics” tab above.

Photo above is Palos Verdes Gatehouse

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