Mid June 2018 Palos Verdes Home Sales
Palos Verdes real estate single family home sales in the first 22 days of June 2018 are 55 homes which is an increase from the 46 Palos Verdes homes sold in the first 22 days of May and an decrease from first 22 days of June 2017 (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 $2,089,384 which is an increase from last month’s average of $2,005,576 for this same time period and an increase from $1,750,786 last June.
In June 2018 to date, the highest priced Palos Verdes home sold for $9,250,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates and has 5 bedrooms, 6 baths and 7,590 square feet on a 23,854 square foot lot. This beautiful gated “Italian Villa” features 270 feet of bluff top frontage, unobstructed ocean/coastline views, a gourmet kitchen, two room master suite, a handsome office, 3-stop elevator, circular wine room, and a 6-car garage. The lowest priced Palos Verdes home sold to date in June for $900,000 and is located in the Crest neighborhood of Rancho Palos Verdes; this home has 3 bedrooms, 3 baths and 2,995 square feet on a 5,394 square foot lot.
We currently have 221 active single family Palos Verdes homes for sale priced between $995,000 in the Los Verdes neighborhood to $40,000,000 in the City of Rolling Hills. To view Palos Verdes real estate statistics from March 2017 through May 2018, click here or on the “Statistics” tab above.
To read my prior article on Mid May 2018 Palos Verdes Home Sales click here.
Photo of Point Vicente Lighthouse courtesy of Arvin Design
