Mid July 2016 Palos Verdes Home Sales
Palos Verdes real estate single family home sales in the first 22 days of July 2016 are 46 homes which is a decrease from the 51 Palos Verdes homes sold in the first 22 days June and the same as the first 22 days of July 2015 (46). (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 July 1st to date is $1,736,941 which is a slight increase from last month’s average of $1,727,944 for this same time period and a decrease from $1,955,777 last July.
In July 2016 to date, the highest priced Palos Verdes home sold for $4,950,000 and is located in the Oceanfront Estates neighborhood of Rancho Palos Verdes and has 7 bedrooms, 8 baths and 6,288 square feet on a 24,364 square foot lot. This gorgeous Mediterranean-style home features beautiful ocean views, a gourmet kitchen, family room, sun room, master suite w/two ocean view balconies, and a huge flat private backyard with pool/spa/waterfall. The lowest priced Palos Verdes home sold to date in July for $938,000 and is located in the Palos Verdes Drive East neighborhood of Rancho Palos Verdes; this home has 4 bedrooms, 2 baths and 2,253 square feet on a 8,555 square foot lot.
We currently have 239 active single family Palos Verdes homes for sale priced between $899,000 in Rancho Palos Verdes and $28,000,000 in the city of Malaga Cove (the low in Eastview is $744,900). To view Palos Verdes real estate statistics from April 2015 through June 2016, click here or on the “Statistics” tab above.
Photo of a tree-lined neighborhood in Valmonte courtesy of Arvin Design