Mid March 2016 Palos Verdes Home Sales
Palos Verdes real estate single family home sales in the first 23 days of March 2016 are 33 homes which is a slight increase from the 32 Palos Verdes homes sold in the first 23 days February and a decrease from the first 23 days of March 2015 (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 March 1st to date is $1,816,623 which is an increase from last month’s average of $1,734,563 for this same time period and an increase from the $1,467,643 last March.
In March 2016 to date, the highest priced Palos Verdes home sold for $5,000,000 and is located in the City of Rolling Hills and has 4 bedrooms, 6 baths and 4,685 square feet on a 48,979 square foot lot. This exceptional view property on 3.4 relatively flat acres features panoramic ocean/Catalina views, two master suites, a separate guest house, black bottom pool and two stall barn. The lowest priced Palos Verdes home sold to date in March for $965,000 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 2,108 square feet on a 6,197 square foot lot.
We currently have 159 active single family Palos Verdes homes for sale priced between $1,025,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $659,000). To view Palos Verdes real estate statistics from December 2014 through February 2015, click here or on the “Statistics” tab above.
Photo of Cherry Blossoms at South Coast Botanic Garden courtesy of Arvin Design