Mid August 2015 Palos Verdes Home Sales

Mid August 2015 Palos Verdes Homes Sales

Palos Verdes & South Bay coast view courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 20 days of August 2015 are 39 homes which is a decrease from the 42 Palos Verdes homes sold in the first 20 days of July and from the first 20 days of August 2014 (42).  (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 $2,170,683 which is an increase from last month’s average of $2,040,970 for this same time period and from the $1,658,332 last August.

In August 2015 to date, the highest priced Palos Verdes home sold for $8,550,000 and is located in the City of Rolling Hills and has 5 bedrooms, 8 baths and 8,250 square feet on a 5 plus acre lot.  This spectacular remodeled estate features panoramic city views, a gourmet kitchen & separate catering kitchen, a lavish master suite, exercise room, 2 offices media room, wine cellar, a pool/spa, tennis court and a 500 fruit tree orchard and a five-car attached garage.  The lowest priced Palos Verdes home sold to date in August for $745,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes; this home has 4 bedrooms, 3 baths and 2,215 square feet on a 7,365 square foot lot.

We currently have 202 active single family Palos Verdes homes for sale priced between $828,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $689,000).  To view Palos Verdes real estate statistics from May  2014 through July 2015, click here or on the “Statistics” tab above.

Photo of Palos Verdes & South Bay coast courtesy of Arvin Design

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