Mid October 2015 Palos Verdes Home Sales

Mid October 2015 Palos Verdes Home Sales

Photo courtesy of Arvin Design

Palos Verdes real estate single family home sales in the first 22 days of October 2015 are 54 homes which is an increase from the 41 Palos Verdes homes sold in the first 22 days September and from the first 22 days of October 2014 (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 October 1st to date is $1,862,214 which is a increase from last month’s average of $1,536,310 for this same time period and a decrease from the $1,991,271 last October.

In October 2015 to date, the highest priced Palos Verdes home sold for $7,450,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates and has 4 bedrooms, 5 baths and 5,530 square feet on a 22,661 square foot lot.  This brand new impressive contemporary masterpiece features unobstructed Queen’s necklace/ocean/city views, concrete encased security room, built in safe, shooting range, a 2500 bottle wine cellar, 9 flat screen TV screens and an oversized infinity edge lap pool.  The lowest priced Palos Verdes home sold to date in October for $880,000 and is located in the Monticello neighborhood of Rolling Hills Estates; this home has 3 bedrooms, 2 baths and 1,660 square feet on a 17,923 square foot lot.

We currently have 200 active single family Palos Verdes homes for sale priced between $759,999 in Rancho Palos Verdes and $18,900,000 in the city of Palos Verdes Estates (the low in Eastview is $575,000).  To view Palos Verdes real estate statistics from July 2014 through September 2015, click here or on the “Statistics” tab above.

Photo courtesy of Arvin Design.

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