Palos Verdes Homes 2022 Neighborhood Sales First Half

Palos Verdes Homes 2022 Neighborhood Sales First Half

Palos Verdes Homes Sales first half 2022

In my article last week, I discussed the overall sales numbers for single family Palos Verdes homes sold in the first half of 2022 with the number of homes sold (357 in 2021, from 413 in 2021), an increase in the average sales price (15.1%), and an increase in the average price per square foot (19.3%). There is a high demand for Palos Verdes homes and, even though inventory has grown, we are still seeing multiple offers. 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.

Monte Malaga posted the largest gain in average sales price for Palos Verdes homes – $4,580,188 for the first half of 2022 compared to $3,216,586 in the first half of 2021 for a 42% gain, followed by West Palos Verdes ($967,672 gain or 37.6%) and La Cresta ($790,360 gain or 31%). All other neighborhoods showed gains in average sales price the first half of 2022 except The City of Rolling Hills ($4,388,9288 2022 compared to $5,134,133 in 2022) and Palos Verdes Drive South ($2,440,729 in 2022 compared to $2,670,445 in 2021).

All Palos Verdes neighborhoods posted gains in average square foot price in the first half of 2022. Lunada Bay/Margate and La Cresta posted the largest gains in average square foot price for Palos Verdes homes sold – 38.3% and 34.5% increase respectively. The Lunada Bay/Margate increased to $1,116 in 2022 from $807 the first half of 2021, and La Cresta increased to $901 in 2022 from $670 the first half of 2021.

Palos Verdes Drive North posted the largest number of Palos Verdes homes sold in the first half of 2022 – 42 Palos Verdes houses. Eastview RPV posted the biggest gain in home sales – 36 homes in the first half of 2022 compared to 21 homes in 2021. Palos Verdes Drive East and Palos Verdes Drive North also had increases in the number of Palos Verdes homes sold the first half of 2022. Lunada Bay/Margate and Country Club had exactly the same both years.

First half of 2022 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 2022.”

Chart courtesy of RE/MAX Estate Properties

Palos Verdes Homes 2021 Neighborhood Sales First Half

1 year ago • Buyer Resources, Palos Verdes Neighborhoods, Seller Resources

Palos Verdes Homes 2021 Neighborhood Sales First Half

In my article two weeks ago, I discussed the overall sales numbers for single family Palos Verdes homes sold in the first half of 2021 with the number of homes sold (410 in 2021, from 259 in 2020), a increase in the average sales price (30.5%), and an increase in the average price per square foot (26.2%). There is 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 City of Rolling Hills posted the largest gain in average sales price for Palos Verdes homes – $5,134,133 for the first half of 2021 compared to $3,196,362 in the first half of 2020 for a 60.6% gain, followed by Monte Malaga ($1,039,523 gain or 36.2%) and West Palos Verdes ($930,724 gain or 56.8%). All other neighborhoods showed gains in average sales price the first half of 2021 except Lunada Bay/Margate ($2,498,968 2021 compared to $2,515,450 in 2020) and Silver Spur ($1,408,359 in 2021 compared to $1,500,735 in 2020).

All Palos Verdes neighborhoods posted gains in average square foot price in the first half of 2021. The City of Rolling Hills and Malaga Cove posted the largest gains in average square foot price for Palos Verdes homes sold – 43.4% and 42.8% increase respectively. The City of Rolling increased to $1,043 in 2021 from $727 the first half of 2020, and Malaga Cove increased to $975 in 2021 from $683 the first half of 2020.

Palos Verdes Drive North posted the largest number of Palos Verdes homes sold in the first half of 2021 – 39 Palos Verdes houses. Monte Malaga posted the biggest gain in home sales – 26 homes in the first half of 2021 compared to 6 homes in 2020. All other Palos Verdes neighborhoods had an increase in the number of Palos Verdes homes sold the first half of 2021 except Eastview RPV which had 21 sales in 2021 compared to 25 Palos Verdes homes sold in the first half of 2020. The Mira Catalina neighborhood had exactly the same both years.

First half of 2021 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 2021.”

Chart courtesy of RE/MAX Estate Properties

Palos Verdes Homes 2020 Neighborhood Sales First Half

2 years ago • Buyer Resources, Palos Verdes Neighborhoods, Seller Resources

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

Palos Verdes Homes 2019 Neighborhood Sales First Half

3 years ago • Buyer Resources, Palos Verdes Neighborhoods, Seller Resources

Palos Verdes Homes 2019 Neighborhood Sales First Half

In my article two weeks ago, I discussed the overall sales numbers for single family Palos Verdes homes sold in the first half of 2019 with the number of homes sold (with 295 in 2019, from 350 in 2018), an increase in the average sales price (2.7%), and an increase in the average price per square foot (1.5%). There is still a high demand for Palos Verdes homes and 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 City of Rolling Hills posted the largest gain in average sales price for Palos Verdes homes – $4,475,988 for the first half of 2019 compared to $2,773,456 in the first half of 2018 for a 61% gain, followed by Malaga Cove (21%) and Palos Verdes Drive East (17%). Lunada Bay/Margate, Palos Verdes Drive North, Valmonte, Mira Catalina, and Eastview/RPV also showed gains in average sales price the first half of 2019. Palos Verdes Drive South area of Rancho Palos Verdes posted the largest decrease in average sales price – $1,789,091 in the first half of 2019 compared to $2,448,833 in 2018 (-27%).

All neighborhoods, except Lunada Bay, Palos Verdes Drive South, West Palos Verdes, Country Club, La Cresta, Crest, and Peninsula Center posted gains in average square foot price in the first half of 2019. Rolling Hills and Palos Verdes Drive North posted the largest gains in average square foot price for Palos Verdes homes sold – a 53.8% and 13% increase respectively. The City of Rolling Hills increased to $1,022 in 2019 from $664 the first half of 2018 and Palos Verdes Drive North increased to $671 in 2019 from $594 the first half of 2018. Average square footage price in Palos Verdes Drive South posted the largest decrease (29.6%) – $612 in 2019 compared to $870 the first half of 2018.

Palos Verdes Drive North posted the largest number of Palos Verdes homes sold in the first half of 2019 – 40 Palos Verdes houses. Palos Verdes Drive North also posted the biggest gain in home sales – 40 homes in the first half of 2019 compared to 33 homes in 2018. Monte Malaga, Mira Catalina, and Los Verdes also had an increase in the number of Palos Verdes homes sold the first half of 2019.

First half of 2019 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 Prices Up First Half 2019.”

Chart courtesy of RE/MAX Estate Properties

Palos Verdes Homes 2018 Neighborhood Sales First Half

4 years ago • Buyer Resources, Palos Verdes Neighborhoods, Seller Resources

Palos Verdes Homes 2018 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 2018 with the number of homes sold (with 340 in 2018, from 350 in 2017), an increase in the average sales price (4.9%), and an increase in the average price per square foot (3.5%). There was a high demand for Palos Verdes homes and multiple offers were 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 Malaga Cove area of Palos Verdes Estates posted the largest gain in average sales price for Palos Verdes homes – $3,417,375 for the first half of 2018 compared to $2,162,467 in the first half of 2017 for a 58% gain, followed by Palos Verdes Drive South (34.8%) and West Palos Verdes (13.4%). Palos Verdes Drive North, Valmonte, Rolling Hills, Palos Verdes Drive East, Mira Catalina, Palos Verdes Country Club, Peninsula Center, Silver Spur, and Eastview/RPV also showed gains in average sales price the first half of 2018. Lunada Bay area of Palos Verdes Estates posted the largest decrease in average sales price – $2,206,640 in the first half of 2018 compared to $2,551,939 in 2017 (-13.5%).

All neighborhoods, except Lunada Bay & Rolling Hills posted gains in average square foot price in the first half of 2018. Palos Verdes Drive South and Malaga Cove posted the largest gains in average square foot price for Palos Verdes homes sold – a 48.4% and 23.6% increase respectively. West Palos Verdes increased to $770 in 2018 from $699 the first half of 2017 and Silver Spur increased to $684 in 2018 from $621 the first half of 2017. Square footage price in Rolling Hills posted the largest decrease (15.4%) – $664 in 2018 from $786 the first half of 2017.

Lunada Bay/Margate posted the largest number of Palos Verdes homes sold in the first half of 2018 – 39 Palos Verdes houses. La Cresta posted the biggest gain in home sales – 20 homes in the first half of 2018 compared to 14 homes in 2017. Valmonte, Rolling Hills, Palos Verdes Drive East, Palos Verdes Drive South, West Palos Verdes, Country Club, La Cresta, and Peninsula Center also had an increase in the number of Palos Verdes homes sold the first half of 2018.

First half of 2018 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 Prices Up First Half 2018.”

Chart courtesy of RE/MAX Estate Properties

Palos Verdes Home Sales Monte Malaga Neighborhood 1st Half 2017

5 years ago • Monte Malaga, Seller Resources

Palos Verdes Home Sales Monte Malaga Neighborhood 1st Half 2017

Palos Verdes homes sales in the Monte Malaga neighborhood for the first half of 2017 increased to 23 single family homes sold in 2017 compared to 13 in 2016. Price per square foot for Monte Malaga houses that sold in the first half of 2017 increased to $676 from $674 in 2016, a 0.2% increase. Average sales price for Monte Malaga homes sold in the first half of 2017 increased to $2,828,304 in 2017 compared to $2,001,962 in 2016. The most expensive Palos Verdes home sale in the Monte Malaga neighborhood was $7,000,000 and the lowest priced Palos Verdes home sale in the Monte Malaga neighborhood was $1,500,000.

Currently, the Monte Malaga neighborhood has 16 Palos Verdes homes for sale. There are 16 single family homes for sale ranging in price from $1,468,000 for a 3 bedroom/2 bath, 1,835 square foot home, to $14,900,000 for a 7 bedroom/10 bath, 11,000 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the Monte Malaga Neighborhood Multiple Listing Area 162, please click here to read my prior article on this neighborhood.

To view current Palos Verdes home sales for the Monte Malaga neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Queen’s Necklace view from Monte Malaga courtesy of Arvin Design

Palos Verdes Homes 2017 Neighborhood Sales First Half

5 years ago • Buyer Resources, Palos Verdes Neighborhoods, Seller Resources

Palos Verdes Homes 2017 Neighborhood Sales First Half

In my article two weeks ago, I discussed the overall sales numbers for single family Palos Verdes homes sold in the first half of 2017 with the number of homes sold (almost the same as last year 345 vs 348), an increase in the average sales price (3.8%) and and increase in the average price per square foot (2.7%). Even though inventory of Palos Verdes homes increased a bit, multiple offers were 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 Monte Malaga area of Palos Verdes Estates posted the largest gain in average sales price for Palos Verdes homes – $2,828,304 for the first half of 2017 compared to $2,001,962 in the first half of 2016 for a 41.3% gain, followed by Lunada Bay (31%) and Los Verdes (12.9%). Palos Verdes Drive North, Valmonte, Palos Verdes Drive East, Mira Catalina, Palos Verdes Drive South, Peninsula Center, Silver Spur, and Eastview/RPV also showed gains in average sales price the first half of 2017. West Palos Verdes area of Rancho Palos Verdes posted the largest decrease in average sales price – $2,132,143 in the first half of 2017 compared to $3,559,857 in 2016 (-40.1%).

All neighborhoods, except Malaga Cove, Valmonte, West Palos Verdes, La Cresta and Crest posted gains in average square foot price in the first half of 2017. Peninsula Center and Mira Catalina posted the largest gains in average square foot price for Palos Verdes homes sold – a 15.3% and 9.0% increase respectively. Peninsula Center increased to $612 in 2017 from $531 the first half of 2016 and and Mira Catalina increased to $587 in 2017 from $539 the first half of 2016. Square footage price in Malaga Cove posted the largest decrease 28.9% – $714 in 2017 from $1,003 the first half of 2016.

Lunada Bay/Margate posted the largest number of Palos Verdes homes sold in the first half of 2017 – 42 Palos Verdes houses. Monte Malaga posted the biggest gain in home sales – 23 homes in the first half of 2017 compared to 13 homes in 2016. Lunada Bay, Malaga Cove, Valmonte, Palos Verdes Drive East, Country Club, Los Verdes, and Crest, and Silver Spur also had an increase in the number of Palos Verdes homes sold the first half of 2017.

First half of 2017 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 Prices Up First Half 2017.”

Chart courtesy of RE/MAX Estate Properties

Palos Verdes Home Sales Monte Malaga Neighborhood 1st Half 2016

6 years ago • Monte Malaga, Seller Resources

Palos Verdes Home Sales Monte Malaga Neighborhood 1st Half 2016

Palos Verdes homes sales in the Monte Malaga neighborhood for the first half of 2016 increased to 13 single family homes sold in 2016 compared to 12 in 2015. Price per square foot for Monte Malaga houses that sold in the first half of 2016 decreased to $674 from $855 in 2015, a 21.1% decrease. Average sales price for Monte Malaga homes sold in the first half of 2016 decreased to $2,001,962 in 2016 compared to $3,345,917 in 2015. The most expensive Palos Verdes home sale in the Monte Malaga neighborhood was $4,450,000 and the lowest priced Palos Verdes home sale in the Monte Malaga neighborhood was $1,085,000.

Currently, the Monte Malaga neighborhood has 17 Palos Verdes homes for sale. There are 17 single family homes for sale ranging in price from $1,958,000 for a 4 bedroom/4 bath, 2,963 square foot home, to $10,900,000 for a 7 bedroom/11 bath, 18,227 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the Monte Malaga Neighborhood Multiple Listing Area 162, please click here to read my prior article on this neighborhood.

To view current Palos Verdes home sales for the Monte Malaga neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Queen’s Necklace view from Monte Malaga courtesy of Arvin Design.

Palos Verdes Home Sales Palos Verdes Drive North Neighborhood 1st Half 2022

2 weeks ago • Buyer Resources, Palos Verdes Drive North, Real Estate Outlook

Palos Verdes Home Sales Palos Verdes Drive North Neighborhood 1st Half 2022

Palos Verdes homes sales in the Palos Verdes Drive North neighborhood for the first half of 2022 increased to 42 single family homes sold in 2021 compared to 39 in 2021. Price per square foot for Palos Verdes Drive North houses that sold in the first half of 2022 increased to $946 from $809 in 2021, a 17.0% increase. Average sales price for Palos Verdes Drive North homes sold in the first half of 2022 increased to $3,249,591 in 2022 compared to $2,544,152 in 2021. The most expensive Palos Verdes home sale in the Palos Verdes Drive North neighborhood was $6,800,000 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive North neighborhood was $1,600,000.

Currently, the Palos Verdes Drive North neighborhood has 19 Palos Verdes homes for sale. There are 12 single family homes for sale ranging in price from $1,750,000 for a 3 bedroom/3 bath, 1.869 square foot home, to $3,680,000 for a 4 bedroom/5 bath, 3,692 square foot home. There are 7 condo/townhomes for sale ranging from $495,000 for a 1 bedroom/1 bath, 659 square foot condo/townhome, to $1,199,000 for a 3 bedroom, 3 bath, 1,722 square foot condo/townhome.

For background and history on the Palos Verdes Drive North Neighborhood Multiple Listing Area 165, please click here to read my original article on this neighborhood.

To view current Palos Verdes home sales for the Palos Verdes Drive North neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of the City of Rolling Hills Estates

Palos Verdes Home Sales Valmonte Neighborhood 1st Half 2022

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

Palos Verdes Home Sales Valmonte Neighborhood 1st Half 2022

Palos Verdes Trees

Palos Verdes homes sales in the Valmonte neighborhood for the first half of 2022 decreased to 28 single family homes sold in 2022 compared to 33 in 2021. Price per square foot for Valmonte houses that sold in the first half of 2022 increased to $1,132 from $912 in 2021, a 24.1% increase. Average sales price for Valmonte homes sold in the first half of 2022 increased to $2,972,107 in 2021 compared to $2,091,204 in 2021. The most expensive Palos Verdes home sale in the Valmonte neighborhood was $5,298,775 and the lowest priced Palos Verdes home sale in the Valmonte neighborhood was $1,900,000.

Currently, the Valmonte neighborhood has 3 Palos Verdes homes for sale. There are 3 single family homes for sale ranging in price from $1.995,000 for a 3 bedroom/2 bath, 1,890 square foot home, to $2,249,900 for a 4 bedroom/3 bath, 2,358 square foot home. There are no condos/townhomes in this neighborhood.

For background and history on the Valmonte Neighborhood Multiple Listing Area 164, please click here to read my original article on this neighborhood.

To view current Palos Verdes home sales for the Valmonte neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Valmonte Trail courtesy of Arvin Design

Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2022

1 month ago • Buyer Resources, Malaga Cove, Real Estate Outlook

Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2022

Neptune Fountain and Malaga Cove Plaza, Palos Verdes Estates, CA 90274 courtesy of Arvin Design

Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2022 decreased to 12 single family homes sold in 2022 compared to 14 in 2021. Price per square foot for Malaga Cove houses that sold in the first half of 2022 increased to $1,295 from $1,002 in 2021, a 29.2% increase. Average sales price for Malaga Cove homes sold in the first half of 2022 increased to $3,514,583 in 2021, compared to $3,284,271 in 2021. The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $5,400,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $2,425,000.

Currently, the Malaga Cove neighborhood has 7 Palos Verdes homes for sale. There are 7 single family homes for sale ranging in price from $2,725,000 for a 3 bedroom/3 bath, 2,542 square foot home, to $13,988,000 for a 6 bedroom/7 bath, 10,000 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the Malaga Cove Neighborhood Multiple Listing Area 163, please click here to read my original article on this neighborhood.

To view current Palos Verdes home sales for the Malaga Cove neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Malga Cove Plaza courtesy of Arvin Design

Palos Verdes Home Sales Monte Malaga Neighborhood 1st Half 2022

2 months ago • Buyer Resources, Monte Malaga, Real Estate Outlook

Palos Verdes Home Sales Monte Malaga Neighborhood 1st Half 2022

Palos Verdes homes sales in the Monte Malaga neighborhood for the first half of 2022 decreased to 16 single family homes sold in 2022 compared to 26 in 2021. Price per square foot for Monte Malaga houses that sold in the first half of 2022 increased to $1,091 from $854 in 2021, a 27.7% increase. Average sales price for Monte Malaga homes sold in the first half of 2022 increased to $4,580,188 in 2022 compared to $3,216,856 in 2021. The most expensive Palos Verdes home sale in the Monte Malaga neighborhood was $8,800,000 and the lowest priced Palos Verdes home sale in the Monte Malaga neighborhood was $1,950,000.

Currently, the Monte Malaga neighborhood has 13 Palos Verdes homes for sale. There are 13 single family homes for sale ranging in price from $3,295,000 for a 5 bedroom/5 bath, 3,268 square foot home, to $17,000,00 for a 6 bedroom/7 bath, 11,042 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the Monte Malaga Neighborhood Multiple Listing Area 162, please click here to read my original article on this neighborhood.

To view current Palos Verdes home sales for the Monte Malaga neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Queen’s Necklace view from Monte Malaga courtesy of Arvin Design

Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2022

2 months ago • Buyer Resources, Lunada Bay, Real Estate Outlook

Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2022

Ocean view from Lunada Bay neighborhood, Palos Verdes Estates, CA 90274

Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2022 stayed the same with 33 single family homes sold in 2022 and in 2021. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2022 increased to $1,116 from $807 in 2021, a 38.3% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2022 increased to $4,010,839 in 2022 compared to $2,477,787 in 2021. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $17,150,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,775,000.

Currently, the Lunada Bay/Margate neighborhood has 16 Palos Verdes homes for sale. There are 15 single family homes for sale ranging in price from $1,999,000 for a 3 bedroom/2 bath, 2,284 square foot home, to $4,500,000 for a 4 bedroom/3 bath, 3,000 square foot home. There is 1 condo for sale for $949,000 for a 2 bedroom/2 bath, 1,171 square foot condo.

For background and history on the Lunada Bay/Margate Neighborhood Multiple Listing Area 160, please click here to read my prior article on this neighborhood.

To view current Palos Verdes home sales for the Lunada Bay/Margate neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of ocean/coastline views from Lunada Bay neighborhood courtesy of Arvin Design

Palos Verdes Real Estate Eastview/RPV Neighborhood 2021

3 months ago • Crest, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Eastview/RPV Neighborhood 2021

Eastview Park, Rancho Palos Verdes, CA 90275

2021 Palos Verdes homes sales for Eastview/RPV increased to 63 single family homes sold compared to 59 in 2020. Price per square foot for Eastview/RPV houses that sold in 2021 increased to $684 compared from $538 in 2020, a 27.1% increase. Average sales price for Eastview/RPV homes sold in 2021 was $1,210,540 compared to $978,205 in 2020. The most expensive home sold for $1,888,000 and the lowest priced home sold for $745,000.

Currently, Eastview/RPV has 6 active Palos Verdes homes for sale. There are 4 single family homes ranging in price from $1,150,000 for a 3 bedroom/2 bath,1,366 square foot home, to $1,375,000 for a 3 bedroom/2 bath, 1,479 square foot home. There are 2 condo/townhomes ranging in price from $675,000 for a 2 bedroom/2 bath, 930 square foot condo, to $750,000 for a 3 bedroom/3 bath, 1,398 square foot condo.

For background and history on Eastview/RPV Multiple Listing Area 177, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Eastview Park courtesy of the City of Rancho Palos Verdes

Palos Verdes Real Estate Sales Silver Spur Neighborhood 2021

3 months ago • Crest, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Silver Spur Neighborhood 2021

Grandview Park, Rancho Palos Verdes, CA 90275

2021 Palos Verdes homes sales for Silver Spur increased to 67 single family homes sold compared to 43 in 2020. Price per square foot for Silver Spur houses that sold in 2021 increased to $839 compared from $738 in 2020, a 13.7% increase. Average sales price for Silver Spur homes sold in 2021 was $1,522,620 compared to $1,512,606 in 2020. The most expensive home sold for $2,500,000 and the lowest priced home sold for $1,000,000.

Currently, Silver Spur has 4 active Palos Verdes homes for sale. There are 4 single family homes ranging in price from $1,498,000 for a 3 bedroom/2 bath,1,460 square foot home, to $2,199,900 for a 4 bedroom/2 bath, 1,890 square foot home. There are no condo/townhomes for sale in this area.

For background and history on Silver Spur Multiple Listing Area 176, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Grandview Park located in Silver Spur Neighborhood courtesy of the City of Rancho Palos Verdes

Palos Verdes Real Estate Sales Peninsula Center Neighborhood 2021

3 months ago • Crest, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Peninsula Center Neighborhood 2021

The Promenade at the Peninsula shopping center, Rolling Hills Estates, CA 90274

2021 Palos Verdes homes sales for Peninsula Center increased to 32 single family homes sold compared to 27 in 2020. Price per square foot for Peninsula Center houses that sold in 2021 increased to $793 compared from $647 in 2020, a 22.5% increase. Average sales price for Peninsula Center homes sold in 2021 was $1,764,908 compared to $1,371,783 in 2020. The most expensive home sold for $2,590,0000 and the lowest priced home sold for $1,400,000.

Currently, Peninsula Center has 3 active Palos Verdes homes for sale. There are 2 single family homes for $1,999,999 for a 6 bedroom/3 bath, 2,711 square foot home, to $2,199,000 for a 5 bedroom/3 bath, 2,481 square foot home. There is 1 condo/townhome for $1,106,000 for a 3 bedroom/3 bath, 1,904 square foot condo/townhome.

For background and history on Peninsula Center Multiple Listing Area 175, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Promenade on the Peninsula courtesy of Arvin Design

Palos Verdes Real Estate Sales Crest Neighborhood 2021

4 months ago • Crest, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Crest Neighborhood 2021

2021 Palos Verdes homes sales for Crest increased to 45 single family homes sold compared to 25 in 2021. Price per square foot for Crest houses that sold in 2021 increased to $747 compared from $619 in 2020, a 20.7% increase. Average sales price for Crest homes sold in 2021 was $1,946,923 compared to $1,601,896 in 2020. The most expensive home sold for $4,000,000 and the lowest priced home sold for $1,371,000.

Currently, Crest has 6 active Palos Verdes homes for sale. There is 1 single family home for $2,300,000 for a 4 bedroom/3 bath, 2,244 square foot home. There are 5 condo/townhomes ranging in price from $525,000 for a 1 bedroom/1 bath, 765 square foot condo/townhome, to $1,359,000 for a 2 bedroom/3 bath, 2,184 square foot condo/townhome.

For background and history on Crest Multiple Listing Area 174, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo of Palos Verdes Performing Arts (formerly Norris Theater) courtesy of PVPA