Mid July 2015 Palos Verdes Home Sales

Mid July 2015 Palos Verdes Home Sales

Cave at Terranea Resort courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 24 days of July 2015 are 53 homes which is an decrease from the 65 Palos Verdes homes sold in the first 24 days of June and from the first 24 days of July 2014 (61).  (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 July 1st to date is $1,938,939 which is an increase from last month’s average of $1,831,549 for this same time period and from the $1,447,411 last July.

In July 2015 to date, the highest priced Palos Verdes home sold for $8,130,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 7 bedrooms, 9 baths and 9,680 square feet on a 30,443 square foot lot.  This magnificent Mediterranean style home features panoramic ocean/city views, a custom gourmet kitchen, an elegant office, large master suite w/his & her baths & huge walk-in closet, elevator, a billiard room, temperature controlled wine cellar, and a pool/spa.  The lowest priced Palos Verdes home sold to date in July for $745,000 and is located in the Mira Catalina neighborhood of Rancho Palos Verdes; this home has 2 bedrooms, 2 baths and 1,132 square feet on a 7,140 square foot lot.

We currently have 211 active single family Palos Verdes homes for sale priced between $899,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $659,900).  To view Palos Verdes real estate statistics from April 2014 through June 2015, click here or on the “Statistics” tab above.

Photo of the cave at Terranea Resort courtesy of Arvin Design

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