Mid June 2016 Palos Verdes Home Sales
Palos Verdes real estate single family home sales in the first 23 days of June 2016 are 53 homes which is a decrease from the 56 Palos Verdes homes sold in the first 23 days May and from the first 23 days of June 2015 (64). (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 June 1st to date is $1,924,012 which is an increase from last month’s average of $1,530,691 for this same time period and from $1,848,761 last June.
In June 2016 to date, the highest priced Palos Verdes home sold for $11,950,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates and has 4 bedrooms, 5 baths and 3,620 square feet on a 65,450 square foot bluff top lot. This fabulous 1925 majestic “Casa Felicia” estate designed by Myron Hunt features old world charm throughout, with unobstructed beach/ocean/Queens Necklace views, multiple expansive patios and sprawling grounds on 1 1/2 acres of ocean bluff property. The lowest priced Palos Verdes home sold to date in June for $985,000 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 3 baths and 1,820 square feet on a 25,613 square foot lot.
We currently have 237 active single family Palos Verdes homes for sale priced between $950,000 in Rancho Palos Verdes and $53,000,000 in the city of Rolling Hills (the low in Eastview is $755,000). To view Palos Verdes real estate statistics from March 2015 through May 2016, click here or on the “Statistics” tab above.