Palos Verdes

Palos Verdes Schools in Top 10%

Palos Verdes Peninsula Unified Schools again ranked in the top 10% of schools statewide based on Academic Performance Index scores. Great schools are one of the reasons that Palos Verdes real estate is so attractive to both buyers and current property owners. "The top score in all of South Bay, 968, went to Cornerstone at Pedregal Elementary in Rancho Palos Verdes " according to the Daily Breeze....

2009 Palos Verdes Street Fair

The 22nd Annual Palos Verdes Street Fair and Music Festival will take place Saturday, June 6 (10 am to 10 pm) and Sunday, June 7 (10 am to 9 pm). The theme this year is "Taking the Greener Path". The Palos Verdes Street Fair will feature 2 days of events and live music, jazz festival, nearly 200 street vendors, eco-friendly goods, "Living Green" Demonstrations, Carnival & Kiddie Rides, Pony...

Top Tuesday Tour Tips

There were 16 homes on the Palos Verdes real estate Broker's Tour. We currently have 294 active single family homes for sale in Palos Verdes ranging in price from $799,950 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $529,000). There are 58 townhomes/condos for sale priced between $209,500 and $950,000. My favorites were: Laurie Hurley-Fuszard's 2648 Via...

April 2009 Market Statistics

Statistics for single family homes for the month of April for Palos Verdes Real Estate are now available. April 2009 had 3 less closed sales and 5 less pending sales than March 2009. Inventory of active listings/homes for sale rose again slightly for the fourth consecutive month which is great for buyers. The average price for homes that closed in April increased 20%. For the month of April,...

Palos Verdes Fun Facts

Palos Verdes Peninsula has a total of 67,162 residents as of 2008. The city of Rancho Palos Verdes has the largest population at 42,964. The city of Palos Verdes Estates has 14,046 residents. Rolling Hills Estates has 8,185 residents. Rolling Hills has 1,967 residents. The Palos Verdes Peninsula measures 26.3 square miles. Palos Verdes is the oldest city (incorporated in 1939) and located on...

What’s Happening With Prices?

Prices for Palos Verdes real estate have not been fluctuating as much as other areas. However, when one looks at the average price for single family residences at the end of March 2009 (1,259,000) compared to March 2008 ($1,608,000) there is a 27% decrease but what those numbers do not show is that the number of sales under $1,000,000 are currently the bulk of sales (40 out of total sales of 82...

Palos Verdes School Boundaries

Clients often ask what the school boundaries are in Palos Verdes. For High School it is an easy answer - Currently there is open enrollment for both Palos Verdes High School and Palos Verdes Peninsula High School; incoming students may choose either. See my article from 1/30/09 with particulars about each school by clicking here. We have 3 intermediate or middle schools in Palos Verdes - Palos...

Top Tuesday Tour Tips

Yesterday, there were 26 homes on the Palos Verdes real estate Broker's Tour. We currently have 306 active single family homes for sale in Palos Verdes ranging in price from $799,950 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $529,000). There are 59 townhomes/condos for sale priced between $224,900 and $1,750,000. My favorites were: Steve Simonettti's 2205...

California Housing Market Outlook

What is the outlook for Palos Verdes real estate? I attended a forecast meeting presented by Robert A. Kleinhenz, Ph.D., Deputy Chief Economist for the California Association of Realtors. There was good news and "other" news. First the good news. Affordability for California is now at 60%; it was 23% in 2007. Interest rates are at historic lows and probably will remain at these levels through the...

Get Ready to Run!

The 43rd Annual Palos Verdes Marathon will be held Saturday, May 2, 2009, at 7:00 a.m. It will begin and end at Point Fermin Park (807 Paseo del Mar, San Pedro). According to the official website, the Palos Verdes Marathon is the second longest continuously running Marathon in the United States, second only to the Boston Marathon. That was news to me; I am impressed. For residents, it means we...