Mid August 2022 Palos Verdes Home Sales

Mid August 2022 Palos Verdes Home Sales

Palos Verdes real estate single family home sales in the first 19 days of August 2022 are 43 homes which is an increase from the 27 Palos Verdes homes sold in the first 19 days of July and a decrease from the first 19 days of August 2021 (55).  (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 August 1st to 19th is $2,673,893 which is an decrease from last month’s average of $2,976,257 for this same time period.

August 1st to 19th, 2022, the highest priced Palos Verdes homes sold for $9,900,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates has 6 bedrooms, 8 baths and 8,497 square feet on a 50,157 square foot lot.  This fabulous quintessential Italian estate features panoramic ocean/Queen’s Necklace/Malibu views, an arcade room, wine cellar, a professional gym, 2 offices, home theater, tennis court, lilied koi pond, and Poseidon mosaic-tiled pool.  The lowest priced Palos Verdes home sold August 1st to 19th for $1,250,000 and is located in the Silver Spur neighborhood of Rolling Hills Estates and features 3 bedrooms, 2 baths and 1,595 square feet on a 9,020 square foot lot.

We currently have 121 active single family Palos Verdes homes for sale priced between $1,250,000 in the Palos Verdes Drive South neighborhood to $17,999,000 in the City of Rolling Hills.  To view Palos Verdes real estate statistics from May 2021 through July 2022, click here or on the “Statistics” tab above.

To read my prior article on mid April 2022 Palos Verdes Home Sales click here.

Photo of Bluff Cove courtesy of Arvin Design

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