Mid November 2015 Palos Verdes Home Sales
Palos Verdes real estate single family home sales in the first 20 days of November 2015 are 27 homes which is an decrease from the 52 Palos Verdes homes sold in the first 20 days October and from the first 20 days of November 2014 (32). (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 November 1st to date is $1,742,852 which is a decrease from last month’s average of $1,864,645 for this same time period and a decrease from the $1,779,688 last November.
In November 2015 to date, the highest priced Palos Verdes home sold for $5,725,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates and has 5 bedrooms, 6 baths and 6,315 square feet on a 52,272 square foot lot. This architectural work of art built in 2005 features commanding Queen’s necklace/ocean/city views, 3 separate bedroom wings, a massive granite island kitchen, soaring ceilings, Brazilian walnut floors, bonus room, 2 laundry rooms and a tranquil waterfall & koi pond. The lowest priced Palos Verdes home sold to date in November for $875,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 1,291 square feet on a 7,920 square foot lot.
We currently have 189 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 $649,900). To view Palos Verdes real estate statistics from August 2014 through October 2015, click here or on the “Statistics” tab above.
Photo of Palos Verdes coves and lighthouse courtesy of Arvin Design
