The Montemalaga neighborhood is located in Palos Verdes Estates. The best thing about this neighborhood is the fabulous ocean and Queen's Necklace views (photo above) that many homes enjoy as this area is the highest elevation (up to 1380 feet) in Palos Verdes Estates. The Montemalaga neighborhood is roughly 1 square mile in area and has no ocean borders. It is located on the hill above Lunada Bay,...
Yesterday, there were only 13 homes on the Palos Verdes real estateBroker's Tour. It must be because of all the rain we have been having. We currently have 261 active single family homes for sale in Palos Verdes ranging in price from $799,000 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $585,000). There are 49 townhomes/condos for sale priced between $229,500 and...
Statistics for single family homes for the month of January for Palos Verdes Real Estate are now available. January 2009 compared to January 2008 has the same number of sold/closed escrows, 1 additional pending escrow, and 46 more active listings/home for sale. Average price per square foot for homes that sold January 2009 is $494 compared to $545 last January. For the month of January, there...
Everyone wants to know how the Palos Verdes real estate market is doing. I am an optimist by nature so I have to check for facts before I give my opinion. Currently we have 32 properties that have sold/closed escrow since the first of the year compared to 23 properties this same time period in 2008. Additionally, there are currently 42 properties in escrow. So the Palos Verdes real estate market...
A very special place to visit in Palos Verdes Estates is the Labyrinth at Neighborhood Church. There is a memorial plaque which reads, "For the Journey of Life to Help You find Your Way." It is "Dedicated to the Memory of Miriam Levonian". As you walk the path to the center (which is marked as a shell), you are to ponder your life. I am usually struck with thoughts of all that I have to be...
Yesterday, there were 31 homes on the Palos Verdes real estate Broker's Tour. We currently have 249 active single family homes for sale in Palos Verdes ranging in price from $775,000 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $585,000). There are 50 townhomes condos for sale priced between $339,000 and $885,000. My favorites were: Van Barbieri's 6580 Sea...
We are so lucky as homeowners of Palos Verdes real estate that Palos Verdes' 8th Graders get to choose between two fabulous high schools. At this time, there is open enrollment within the Palos Verdes Peninsula School District as to whether your child goes to Palos Verdes High School or Palos Verdes Peninsula High School. And both were named in U.S. News & World Report's Top 100 Schools in...
Yesterday, there were 28 homes on the Palos Verdes real estate Broker's Tour. I saw 15 properties which was quite a feat as they were spread out in four different cities. We currently have 254 active single family homes for sale in Palos Verdes ranging in price from $729,000 in Rancho Palos Verdes to $18,900,000 in Rolling Hills (the low in Eastview is $585,000). There are 53 townhomes/condos for sale...
February is traditionally the month that Kindergarten "Round-Up" is held for owners of Palos Verdes real estate who have children entering Kindergarten in the Fall. I should restate that because tenants in Palos Verdes may also enroll their children in Palos Verdes schools. This year Kindergarten Orientation will be held on Monday, February 2, at Vista Grande Elementary School and Tuesday, February...
The numbers are in and owners of Palos Verdes Real Estate single family residences experienced a 6.2% decline in 2008 average sales price compared to 2007. That is actually not bad compared to the rest of Los Angeles County which was down about 28%. Home values on the Palos Verdes Peninsula have held fairly steady: 2008 was the first year of declines in recent memory. Palos Verdes homeowners...