Yesterday, there were 25 homes on the Palos Verdes Real Estate Broker's Tour. I have selected both high and low priced homes. We currently have 281 active single family homes for sale in Palos Verdes ranging in price from $849,000 in Rancho Palos Verdes ($579,000 in Eastview) to $23,000,000 in Rolling Hills. There are 50 townhomes for sale priced between $305,000 and $2,288,000. Cheryle...
Statistics for the month of July for Palos Verdes Real Estate are available and the results were mixed again for July - more closed escrows and less pending sales. There were 38 closed escrows and 45 pending sales in June vs. 48 closed escrows and 21 pending sales in July. The days on market for sold properties in July was only 52 days compared to 67 days in June. Average price for homes that closed...
Walker Williams, Superintendent of Palos Verdes Unified School District, spoke this morning at our Remax meeting. Our schools are one of the reasons that Palos Verdes real estate is so desirable. Here are some interesting facts from his presentation: There are approximately 12,000 students in our district (30 less than last year) 80% of our funding comes from the State which is why the State...
Yesterday, there were 30 homes on the Palos Verdes Real Estate Broker's Tour. Below is a sampling which includes 3 single family homes (one available for lease/option) and 1 townhome. We currently have 285 active single family homes for sale in Palos Verdes ranging in price from $849,000 in Rancho Palos Verdes ($539,000 in Eastview) to $23,000,000 in Rolling Hills. There are 50 townhomes for sale priced...
Recently, there have been Blue Whale sightings only two miles off the Palos Verdes Peninsula coast near Point Vicente. The Peninsula News reported that the whales are here to eat the abundant krill that are attracted to the nutrients near the continental shelf off our coast. The blue whale is the largest mammal on earth (as long as 3 school buses) and can weigh up to 336,000 pounds. They are an...
It's finally happened! The news media is discussing the turn in the real estate market. Although they do not specifically mention Palos Verdes Real Estate, statistics are given for the Los Angeles area. Recently, Barron's Jonathan R. Laing had a lengthly and well- documented article which is worth the read (click here for link to article). National statistics in the April S&P Case-Shiller...
Today's Tour Tip for Palos Verdes Real Estate Broker's Tour is my own listing at 838 Rivera Place, Palos Verdes Estates, which has spectacular panoramic ocean and Catalina views - and is a 4 bedroom, 3 bath, 3,025 square foot home on a 14,600 square foot lot for $2,499,000. This is a lavishly remodeled home with a private courtyard entry and ocean views from nearly every room. This exquisite home...
Yesterday, there were 32 homes on the Palos Verdes Real Estate Broker's Tour. Several were well priced and are expected to sell quickly. We currently have 269 active single family homes for sale in Palos Verdes ranging in price from $799,000 in Rancho Palos Verdes ($599,000 in Eastview) to $23,000,000 in Rolling Hills. My favorites today are: Susie Engstrom's 35 Empty Saddle Lane, Rolling...
Statistics for the month of June for Palos Verdes real estate are available and the results are mixed - holding as far as price is concerned and down for number of transactions. The average price for single family homes sold in the month of June was $1,786,000 up from $1,677,000 in May ($1,699,000 average for the last 12 months). The statistics are different for number of pending and sold...
The Malaga Cove neighborhood is located in Palos Verdes Estates. The best thing about this neighborhood is the the ocean view and many properties also have the "Queen's Necklace" view which is a view of the coastline from Redondo Beach all the way around the coast to Malibu. It is spectacular and one of my favorite views (above). The Malaga Cove area is .66 square miles and has approximately...