Mid April 2016 Palos Verdes Home Sales

Mid April 2016 Palos Verdes Home Sales

Palos Verdes spring flowers

Palos Verdes real estate single family home sales in the first 26 days of April 2016 are 48 homes which is an increase from the 43 Palos Verdes homes sold in the first 26 days March and a decrease from the first 26 days of April 2015 (52).  (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 April 1st to date is $1,597,774 which is a decrease from last month’s average of $1,767,601 for this same time period and from the $1,851,216 last April.

In April 2016 to date, the highest priced Palos Verdes home sold for $6,150,000 and is located in the City of Rolling Hills and has 6 bedrooms, 8 baths and 7,263 square feet on a 5+ acre lot.  This private gated estate features spectacular Santa Monica Bay/sparkling city lights views, a huge living room, paneled library/office, gourmet kitchen, separate game/media room, luxurious master suite w/2 separate baths, and oversized pool/spa.  The lowest priced Palos Verdes home sold to date in April for $925,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 2 baths and 1,361 square feet on a 7,080 square foot lot.

We currently have 178 active single family Palos Verdes homes for sale priced between $799,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $679,000).  To view Palos Verdes real estate statistics from January 2015 through March 2015, click here or on the “Statistics” tab above.

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