Palos Verdes Homes 2020 Neighborhood Sales First Half

Palos Verdes Homes 2020 Neighborhood Sales First Half

In my article last week, I discussed the overall sales numbers for single family Palos Verdes homes sold in the first half of 2020 with the number of homes sold (259 in 2020, from 296 in 2019), a decrease in the average sales price (2.4%), and a decrease in the average price per square foot (4.7%). There is still a high demand for Palos Verdes homes and, as inventory is low, multiple offers are common. Below is information on specific Palos Verdes neighborhoods. The chart above can be enlarged by clicking on it or go to the “Statistics” tab above.

The Palos Verdes Drive South area of Rancho Palos Verdes posted the largest gain in average sales price for Palos Verdes homes – $2,669,910 for the first half of 2020 compared to $1,642,692 in the first half of 2019 for a 62.5% gain, followed by Silver Spur (20.4%) and La Cresta (9.7%). Lunada Bay/Margate, Palos Verdes Drive North, Country Club, Los Verdes, Crest, Peninsula Center, and Eastview/RPV also showed gains in average sales price the first half of 2020. The City of Rolling Hills posted the largest decrease in average sales price – $3,196,362 in the first half of 2020 compared to $4,475,988 in 2018 (-28.6%).

Palos Verdes Drive South, Lunada Bay/Margate, La Cresta, West Palos Verdes, Peninsula Center, Country Club, Palos Verdes Drive North and Eastview/RPV posted gains in average square foot price in the first half of 2020. Palos Verdes Drive South and Lunada Bay/Margate & La Cresta posted the largest gains in average square foot price for Palos Verdes homes sold – a 9.8% and 7.6% increase respectively. Palos Verdes Drive South increased to $664 in 2020 from $605 the first half of 2019, Lunada Bay/Margate increased to $758 in 2020 from $704 the first half of 2019, and La Cresta increased to $598 in 2020 from $556 the first half of 2019. Average square footage price in the City of Rolling Hills posted the largest decrease (28.8%) – $727 in 2020 compared to $1,022 the first half of 2019.

Palos Verdes Drive North posted the largest number of Palos Verdes homes sold in the first half of 2020 – 31 Palos Verdes houses. The City of Rolling Hills posted the biggest gain in home sales – 14 homes in the first half of 2020 compared to 9 homes in 2019. Country Club, a Cresta, Los Verdes, and Eastview/RPV also had an increase in the number of Palos Verdes homes sold the first half of 2020.

First half of 2020 information on average price for Palos Verdes homes sold as well as total valuation of Palos Verdes real estate and highest/lowest home sales can be obtained by clicking here or going to my prior post, “Palos Verdes Homes Sales 1st Half 2020 Affected By Covid-19.”

Chart courtesy of RE/MAX Estate Properties

Favorite New Palos Verdes Homes For Sale – July 28, 2020

7 days ago • Buyer Resources, Favorite Palos Verdes Homes, Finding a Realtor

Favorite New Palos Verdes Homes For Sale – July 28, 2020

My favorite new Palos Verdes homes listings on July 28, 2020, are described below. We currently have 135 single family Palos Verdes homes for sale ranging in price from $1,092,800 in Rancho Palos Verdes (the low in Eastview is $918,500) to $19,500,000 in the City of Palos Verdes Estates. There are 45 Palos Verdes condos/townhomes for sale priced between $410,000 and $2,245,000. My favorite new Palos Verdes homes listings are:

Kim Hall’s (RE/MAX Estate Properties) 959 Paseo La Cresta, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 8 bath, 9,017 square foot home for $9,950,000. This casually elegant Monte Malaga home features spectacular coastline/ocean views, office, library, theater, wine cellar, tennis court and pool/spa. Cameron Stearns & Janet Stearns’ (RE/MAX Estate Properties) 5705 Mistridge Drive, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 4 bath, 2,197 square foot home for $1,600,000. This well manicured Whitney Collins home features a remodeled kitchen, large master suite w/luxurious master bath, and huge flat backyard w/city & mountain views.

Chris Adlam’s (Vista Sotheby’s International Realty) 27117 Diamondhead Lane, Rancho Palos Verdes, 90275 (above left) is a 4 bedroom, 3 bath, 2,564 square foot home for $1,550,000. This lovely “Blackhorse” upgraded home features a large master, updated kitchen, separate family room, and oversized elevated backyard w/city viewing area. Debbie Allen’s (RE/MAX Estate Properties) 2408 Via Rivera, Palos Verdes Estates, 90274 (above right) is a 3 bedroom, 2 bath, 1,595 square foot home for $1,199,000. This wonderful Lunada Bay neighborhood home features floor to ceiling windows, spacious living room, updated kitchen w/breakfast bar, laundry room and large backyard patio area.

To read my prior article on favorite Palos Verdes homes for sale click here.

Photos courtesy of CRMLS

Favorite New Palos Verdes Homes For Sale – July 21, 2020

2 weeks ago • Buyer Resources, Favorite Palos Verdes Homes, Finding a Realtor

Favorite New Palos Verdes Homes For Sale – July 21, 2020

My favorite new Palos Verdes homes listings on July 21, 2020, are described below. We currently have 129 single family Palos Verdes homes for sale ranging in price from $1,099,000 in Rancho Palos Verdes (the low in Eastview is $918,500) to $19,500,000 in the City of Palos Verdes Estates. There are 43 Palos Verdes condos/townhomes for sale priced between $475,000 and $2,245,000. My favorite new Palos Verdes homes listings are:

Fred Lavi’s (Lavi & Associates) 710 Via La Cuesta, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 7 bath, 8,942 square foot home for $14,850,000. This spectacular furnished Malaga Cove estate features panoramic ocean/Queen’s necklace views, large kitchen w/two islands, large master suite w/gorgeous views, maids quarters, wine cellar, infinity pool/spa and sportcourt. Jeanevra Calhoun’s (Vista Sotheby’s International Realty) 2864 Palos Verdes Drive North, Rolling Hills, 90274 (above right) is a 6 bedroom, 8 bath, 8,580 square foot home for $5,950,000. This newly constructed Rolling Hills home features expansive great room w/20′ ceilings & panoramic views of Los Angeles, 2 offices, wine cellar, movie theatre, elevator & pool/spa.

Edward Kaminsky’s (Strand Hill Christies Int’l Real Estate) 601 Via Gorrion, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 5 bath, 3,860 square foot home for $3,799,000. This stunning newly built Valmonte home features a large island kitchen, family room, open concept great room, vaulted owner’s retreat w/canyon-view balcony, craft room & resort style back yard w/ECOsmarte solar pool & spa. Stephen Haw’s (Keller Williams Palos Verdes) 19 Santa Catalina Drive, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 5 bath, 4,269 square foot home for $2,799,000. This elegant Island View home features a gourmet kitchen w/large island, luxurious master suite w/office & exercise room, oversized bonus room, pool/spa, and half basketball court.

To read my prior article on favorite Palos Verdes homes for sale click here.

Photos courtesy of CRMLS

Palos Verdes Homes Sales 1st Half 2020 Affected By Covid-19

2 weeks ago • Buyer Resources, Real Estate Outlook, Seller Resources

Palos Verdes Homes Sales 1st Half 2020 Affected By Covid-19

Palos Verdes real estate statistics for the first half of 2020 were affected by Covid-19 and the quarantine. Average sales prices decreased for the first half of 2020 which was a surprise as there has been low inventory and multiple offers are common. The number of Palos Verdes homes sold in the first half of 2020 was lower than the first half of 2019 (259 compared to 296). 2020 first half average sales price for Palos Verdes homes decreased compared to the first half of 2019 – $1,845,727 compared to $1,892,002. Average price per square foot for Palos Verdes homes sold in the first half of 2020 was $633 compared to $664 for the same time period in 2019.

The mix of Palos Verdes homes sales for the first half of 2020 showed fewer sales in all categories (except over $5,000,000) with 37 fewer homes overall sold in the first half of 2020. In first half of 2019, only 17 Palos Verdes homes sold under $1,000,000 which was 6.6% of sales (compared to 24 homes – 8.2% – in first half of 2019). In the first half of 2019, 174 Palos Verdes homes sold between $1,000,000 and $2,000,000 which was 67.2% of sales (compared to 183 homes – 62% – in first half of 2019). In first half of 2020, 62 Palos Verdes homes sold between $2,000,000 and $5,000,000 which was 23.9% of sales (compared to 82 homes – 27.8% – first half 2019). Finally, in the first half of 2020, 6 Palos Verdes homes sold for $5,000,000+ which was 2.3% of sales (compared to 6 homes – 2% – first half 2019).

The total valuation for all single family Palos Verdes homes sold the first six months of 2020 decreased from 2019 – $483,884,714 compared to $551,714,238 with 37 fewer homes sold in the first half of 2020. In the first half of 2020, the highest priced home sold for $6,700,000 in Rolling Hills (first half of 2019, there was a $15,500,000 sale) and the lowest price home sold for $730,000 in Rancho Palos Verdes. Next week, I will discuss Palos Verdes homes sales for first half 2020 for the individual Palos Verdes neighborhoods. To read my article on Palos Verdes homes sales first half 2019, click here.

Photo of Point Vicente courtesy of Arvin Design

Favorite New Palos Verdes Homes For Sale – July 14, 2020

3 weeks ago • Buyer Resources, Favorite Palos Verdes Homes, Finding a Realtor

Favorite New Palos Verdes Homes For Sale – July 14, 2020

My favorite new Palos Verdes homes listings on July 14, 2020, are described below. We currently have 139 single family Palos Verdes homes for sale ranging in price from $1,125,000 in Rancho Palos Verdes (the low in Eastview is $890,000) to $19,500,000 in the City of Palos Verdes Estates. There are 42 Palos Verdes condos/townhomes for sale priced between $568,000 and $2,245,000. My favorite new Palos Verdes homes listings are:

Gayle Probst’s (RE/MAX Estate Properties) 3417 La Selva Place, Palos Verdes Estates. 90274 (above left) is a 4 bedroom, 3 bath, 2,463 square foot home for $2,249,000. This Valmonte charmer features a kitchen w/breakfast bar, formal dining room, family room w/built ins and is located across from a small neighborhood park. Jamie Anvaripour’s (RE/MAX Estate Properties) 1604 Granvia Altamira, Palos Verdes Estates, 90274 (above right) is a 5 bedroom, 3 bath, 2,740 square foot home for $1,950,000. This exquisite Monte Malaga home features a gourmet kitchen, spectacular master bedroom, and large yard with fruit frees & garden.

Jocelyn Backes & Michael Backes’ (Beach City Brokers) 11 Rollingwood Drive, Rolling Hills Estates, 90274 (above left) is a 4 bedroom, 2 bath, 1,596 square foot home for $1,650,000. This one level extensively remodeled Silver Spur home features stunning panoramic ocean/city/mountain views, vaulted shiplap ceilings, great custom kitchen, and large yard with many fruit trees. Kerry LaPine’s (RE/MAX Estate Properties) 32460 Sea Raven Drive, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 2 bath, 1,999 square foot home for $1,379,000. This beautiful lovingly maintained Ladera Linda single family home features stunning Catalina/ocean views, enclosed courtyard, entertainers kitchen, and spacious master suite.

To read my prior article on favorite Palos Verdes homes for sale click here.

Photos courtesy of CRMLS

New Ocean View Listing In Hollywood Riviera!

3 weeks ago • Buyer Resources, Finding A Home, Open Houses

New Ocean View Listing In Hollywood Riviera!

Here is a sneak peak at my new Hollywood Riviera listing offered at $1,400,000. 442 Calle De Aragon, Redondo Beach, has just gone on the Multiple Listing Service. This 3 bedroom, 2 bath, 1,683 square foot home is located on a 6,457 square foot lot with the most fabulous LOCATION less than a mile to the beach and Palos Verdes trails. This is such an amazing opportunity to live in the much sought after Hollywood Riviera neighborhood. Here you can watch ocean sunsets and enjoy peaceful Queens Necklace coastline views from your living room, bedroom or covered front porch. It’s an easy walk to the Riviera Village with all of its restaurants, shops, coffee houses and Trader Joe’s.

Take a descriptive tour with me through this home…..After a look at your beautiful ocean/coastline view, walk into a spacious Living Room with fireplace and triple picture window showcasing those ocean views. Continue walking into the Dining Room which looks out onto the patio and grassy flat backyard. Turn left into your Kitchen with eating area. Back through the Dining Room enter into the bedroom wing. The front Bedroom has those beautiful ocean views. The second/middle Bedroom has wood floors. There is a full hallway bath with both tub and shower. Continue down the hallway to the Master Suite with two closets and doors opening to the garden. This charming home is ready for your creative ideas to flow and personalize to your own liking while enjoying its unparalleled location.

For more information and photos, please go to www.442CalleDeAragon.com. To read my last article about my Fabulous New Listings click here.

Photos courtesy of Arvin Design

Favorite New Palos Verdes Homes For Sale – July 7, 2020

4 weeks ago • Buyer Resources, Favorite Palos Verdes Homes, Finding a Realtor

Favorite New Palos Verdes Homes For Sale – July 7, 2020

My favorite new Palos Verdes homes listings on July 7, 2020, are described below. We currently have 148 single family Palos Verdes homes for sale ranging in price from $1,125,000 in Rancho Palos Verdes (the low in Eastview is $918,500) to $19,500,000 in the City of Palos Verdes Estates. There are 48 Palos Verdes condos/townhomes for sale priced between $514,000 and $2,245,000. My favorite new Palos Verdes homes listings are:

Chris Adlam’s (Vista Sotheby’s International Realty) 909 Via Coronel, Palos Verdes Estates, 90274 (above left) is a 7 bedroom, 15 bath, 13,032 square foot home for $19,500,000. This completely renovated Lunada Bay Spanish Revival home features gorgeous ocean views, gourmet kitchen, elevator, wine & theater rooms, 2 bedroom guest house, and pool & putting green. Tony Accardo’s (Compass) 725 Via Del Monte, Palos Verdes Estates, 90274 (above right) is a 4 bedroom, 5 bath, 3,800 square foot home for $5,280,000. This newly built Malaga Cove “Casa Mira Sol” features ocean/Malibu views, oversized designer kitchen w/separate butler kitchen, ultimate master suite, viewing loggia & outdoor resort living w/infinity edge pool.

Jackie Wang-Dojiri’s (RE/MAX Estate Properties) 1520 Via Montemar, Palos Verdes Estates, 90274 (above left) is a 3 bedroom, 3 bath, 2,211 square foot home for $2,195,000. This beautifully remodeled one level Malaga Cove home features panoramic ocean/Malibu coastline views, new kitchen, new baths, additional office/den area, and lovely sitting patio. Rachel Martiens & Kathy Tyndall’s (RE/MAX Estate Properties) 28211 Golden Meadow Drive, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 2 bath, 1,906 square foot home for $1,398,000. This beautiful Los Verdes home features ocean/Catalina views, cook’s kitchen, master bedroom w/remodeled bath, large laundry room w/tons of storage and garage w/electric car readiness.

To read my prior article on favorite Palos Verdes homes for sale click here.

Photos courtesy of CRMLS

Favorite New Palos Verdes Homes For Sale – June 30, 2020

1 month ago • Buyer Resources, Favorite Palos Verdes Homes, Finding a Realtor

Favorite New Palos Verdes Homes For Sale – June 30, 2020

My favorite new Palos Verdes homes listings on June 30, 2020, are described below. We currently have 150 single family Palos Verdes homes for sale ranging in price from $1,125,000 in Rancho Palos Verdes (the low in Eastview is $949,000) to $18,999,000 in the City of Rolling Hills. There are 47 Palos Verdes condos/townhomes for sale priced between $399,000 and $2,245,000. My favorite new Palos Verdes homes listings are:

Kelly Myers’ (Compass) 2828 Via Neve, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 6 bath, 5,894 square foot home for $5,675,000. This stunning Lunada Bay Spanish villa features breathtaking ocean/Catalina views, gourmet kitchen w/center island, master suite w/private patio/fountains/fireplace, home theater, and resort like backyard w/saltwater pool/spa & pavilion w/outdoor kitchen. Jerry Yutronich’s (RE/MAX Estate Properties) 29083 Palos Verdes Drive East, Rancho Palos Verdes, 90275 (above right) is a 3 bedroom, 3 bath, 2,312 square foot home for $1,399,000. This storybook Palos Verdes Drive East country home features city/ocean/harbor views, granite kitchen w/large center island, oversized master retreat and exterior office.

Paul Buller’s (RE/MAX Estate Properties) 6912 Lofty Grove Drive, Rancho Palos Verdes, 90275 (above left) is a 3 bedroom, 2 bath, 1,504 square foot home for $1,249,000. This turnkey Los Verdes home features peek-a-boo ocean views, remodeled kitchen, large bonus room and manicured rear yard. Gayle Probst’s (RE/MAX Estate Properties) 32724 Coastsite #307, Rancho Palos Verdes, 90275 (above right) is a 2 bedroom, 2 bath, 1,433 square foot condo for $699,000. This fabulous Bay Club top floor end unit features partial ocean views, large living room, huge master suite and community tennis courts & 2 pools.

To read my prior article on favorite Palos Verdes homes for sale click here.

Photos courtesy of CRMLS

Favorite New Palos Verdes Homes For Sale – June 23, 2020

1 month ago • Buyer Resources, Favorite Palos Verdes Homes, Finding a Realtor

Favorite New Palos Verdes Homes For Sale – June 23, 2020

My favorite new Palos Verdes homes listings on June 23, 2020, are described below. We currently have 145 single family Palos Verdes homes for sale ranging in price from $1,050,000 in Rancho Palos Verdes (the low in Eastview is $949,000) to $18,999,000 in the City of Rolling Hills. There are 48 Palos Verdes condos/townhomes for sale priced between $418,000 and $2,245,000. My favorite new Palos Verdes homes listings are:

Lily Liang’s (Strand Hill Christie’s Int’l) 38 Via Del Cielo, Rancho Palos Verdes, 90275 (above left) is a 7 bedroom, 8 baths, 6,288 square foot home for $4,380,000. This beautiful Oceanfront Estates view home features ocean/Catalina views, incredible gourmet kitchen w/large center island, breakfast area & walk-in pantry, luxurious master suite w/private balcony, and music/game room. John Defterios’ (RE/MAX Estate Properties) 2108 Via Visalia, Palos Verdes Estates, 90274 (above right) is a 4 bedroom, 5 bath, 3,150 square foot home for $3,299,00. This newly constructed Monte Malaga home features partial ocean views, French oak flooring, luxurious chef’s kitchen w/oversize island, backyard w/resort style pool/spa, and tandem 4-car garage.

Thomas Nickl’s (RE/MAX Estate Properties) 30161 Matisse Drive, Rancho Palos Verdes, 90275 (above left) is a 5 bedroom, 5 bath, 4,954 square foot home for $3,100,000. This remodeled Monaco home features unobstructed panoramic ocean/Catalina/Santa Monica views, gourmet kitchen w/walk in pantry, separate den/library, and large master suite w/ fireplace & sitting area. Norman Lucas’ (RE/MAX Estate Properties) 5392 Valley View Road, Rancho Palos Verdes, 90275 (above right) is a 5 bedroom, 6 bath, 4,792 square foot home for $2,300,000. This charming Countryside home features remodeled kitchen w/eat-in counter & multiple pantries, enormous master suite, separate den, and pebble tech pool w/built-in bar seating.

To read my prior article on favorite Palos Verdes homes for sale click here.

Photos courtesy of CRMLS

Mid June 2020 Palos Verdes Home Sales

1 month ago • Buyer Resources, Real Estate Outlook, Seller Resources

Mid June 2020 Palos Verdes Home Sales

Palos Verdes real estate single family home sales in the first 22 days of June 2020 are 37 homes which is a increase from the 26 Palos Verdes homes sold in the first 22 days of May and a decrease from the first 22 days of June 2019 (40). (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 June 22rd is $1,715,749 which is a decrease from last month’s average of $2,002,646 for this same time period and a decrease from $1,928,493 last June.

In June 2020 to date, the highest priced Palos Verdes homes sold for $4,200,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes and had 4 bedrooms, 6 baths, and 5,159 square feet on a 23,271 square foot lot. This gorgeous newly constructed home features panoramic ocean/Queen’s Necklace, city/harbor views, double kitchens (one on each floor), large entertaining barbecue kitchen, a workout gym suite, and infinity pool. The lowest priced Palos Verdes homes sold June 2020 to date for $1,200,000 and is located in the Valmonte neighborhood of Palos Verdes Estates and features 3 bedrooms, 2 baths and 1,559 square feet on a 6,679 square foot lot.

We currently have 142 active single family Palos Verdes homes for sale priced between $1,050,000 in the Palos Verdes Drive North neighborhood to $18,999,000 in the City of Rolling Hills. To view Palos Verdes real estate statistics from March 2019 through May 2020, click here or on the “Statistics” tab above.

To read my prior article on Mid May 2020 Palos Verdes Home Sales click here.

Photo of Lakeview Catalina Trail courtesy of Arvin Design

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