Palos Verdes Homes 2019 Neighborhood Sales First Half

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

2 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

3 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

3 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

4 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 Real Estate Eastview/RPV Neighborhood 2019

7 days ago • Crest, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Eastview/RPV Neighborhood 2019

Eastview Park, Rancho Palos Verdes, CA 90275

2019 Palos Verdes homes sales for Eastview/RPV increased to 54 single family homes sold compared to 53 in 2018. Price per square foot for Eastview/RPV houses that sold in 2019 increased to $526 compared from $517 in 2018, a 1.9% increase. Average sales price for Eastview/RPV homes sold in 2019 was $900,733 compared to $904,838 in 2018. The most expensive home sold for $1,388,000 and the lowest priced home sold for $517,500.

Currently, Eastview/RPV has 12 active Palos Verdes homes for sale. There are 3 single family homes ranging in price from $919,000 for a 4 bedroom/2 bath,1,512 square foot home, to $1,200,000 for a 4 bedroom/3 bath, 2,348 square foot home. There are 3 condo/townhomes ranging in price from $399,000 for a 2 bedroom, 2 bath, 1,207 square foot condo, to $669,990 for a 3 bedroom, 3 bath, 1,565 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 2019

2 weeks ago • Crest, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Silver Spur Neighborhood 2019

Grandview Park, Rancho Palos Verdes, CA 90275

2019 Palos Verdes homes sales for Silver Spur decreased to 61 single family homes sold compared to 63 in 2018. Price per square foot for Silver Spur houses that sold in 2019 increased to $689 compared from $682 in 2018, a 1.0% increase. Average sales price for Silver Spur homes sold in 2019 was $1,222,128 compared to $1,254,497 in 2018. The most expensive home sold for $1,740,000 and the lowest priced home sold for $900.000.

Currently, Silver Spur has 6 active Palos Verdes homes for sale. There are 6 single family homes ranging in price from $1,125,000 for a 3 bedroom/2 bath,1,662 square foot home, to $3,675,000 for a 5 bedroom/5 bath, 3,434 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 2019

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

Palos Verdes Real Estate Sales Peninsula Center Neighborhood 2019

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

2019 Palos Verdes homes sales for Peninsula Center decreased to 22 single family homes sold compared to 26 in 2018. Price per square foot for Peninsula Center houses that sold in 2019 increased to $606 compared from $600 in 2018, a 0.9% increase. Average sales price for Peninsula Center homes sold in 2019 was $1,329,125 compared to $1,324,552 in 2018. The most expensive home sold for $1,700,000 and the lowest priced home sold for $985,000.

Currently, Peninsula Center has 10 active Palos Verdes homes for sale. There are 5 single family homes ranging in price from $1,130,000 for a 3 bedroom/2 bath,1,454 square foot home, to $1,499,000 for a 4 bedroom/3 bath, 2,440 square foot home. There are 5 condo/townhomes ranging in price from $597,900 for a 1 bedroom/1 bath, 920 square foot condo/townhome, to $1,197,000 for a 3 bedroom/3 bath, 2,186 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 2019

1 month ago • Crest, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Crest Neighborhood 2019

2019 Palos Verdes homes sales for Crest increased to 32 single family homes sold compared to 29 in 2018. Price per square foot for Crest houses that sold in 2019 increased to $563 compared from $550 in 2018, a 2.5% increase. Average sales price for Crest homes sold in 2019 was $1,349,219 compared to $1,306,897 in 2018. The most expensive home sold for $2,600,000 and the lowest priced home sold for $565,000.

Currently, Crest has 17 active Palos Verdes homes for sale. There are 3 single family homes ranging in price from $1,649,000 for a 4 bedroom/3 bath, 2,6346 square foot home, to $3,279,000 for a 4 bedroom/5 bath, 4,511 square foot home. There are 14 condo/townhomes ranging in price from $539,000 for a 2 bedroom/2 bath, 1,096 square foot condo/townhome, to $1,095,000 for a 2 bedroom/3 bath, 2,198 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

Palos Verdes Real Estate Sales Los Verdes Neighborhood 2019

1 month ago • Country Club, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Los Verdes Neighborhood 2019

2019 Palos Verdes homes sales for Los Verdes remained the same at 40 single family homes sold in both 2019 and 2018. Price per square foot for Los Verdes houses that sold in 2019 increased to $663 compared from $629 in 2018, a 5.4% increase. Average sales price for Los Verdes homes sold in 2019 was $1,320,800 compared to $1,307,702 in 2018. The most expensive home sold for $2,200,000 and the lowest priced home sold for $960,000.

Currently, Los Verdes has 1 active Palos Verdes home for sale. There is 1 single family home priced at $1,300,000 for a 5 bedroom, 3 bath, 2,440 square foot home. There are no condo/townhomes for sale in this area.

For background and history on Los Verdes Multiple Listing Area 173, 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 Los Verdes neighborhood park courtesy of the City of Rancho Palos Verdes

Palos Verdes Real Estate Sales La Cresta Neighborhood 2019

1 month ago • Country Club, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales La Cresta Neighborhood 2019

2019 Palos Verdes homes sales for La Cresta remained the same at 31 single family homes sold in both 2019 and 2018. Price per square foot for La Cresta houses that sold in 2019 decreased to $569 compared from $595 in 2018, an 4.5% decrease. Average sales price for La Cresta homes sold in 2019 was $1,951,935 compared to $2,123,857 in 2018. The most expensive home sold for $2,885,000 and the lowest priced home sold for $1,130,000.

Currently, La Cresta has 8 active Palos Verdes homes for sale. There are 6 single family homes ranging in price from $1,635,000 for a 3 bedroom/2 bath, 2,297 square foot home, to $8,800,000 for a 5 bedroom/7 bath, 7,100 square foot home. There are 2 condo/townhomes ranging in price from $749,900 for a 2 bedroom/3 bath, 1,400 square foot condo/townhome, to $860,000 for a 3 bedroom/3 bath, 1,817 square foot condo/townhome.

For background and history on La Cresta Multiple Listing Area 172, 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 above of Del Cerro Park located in this neighborhood

Palos Verdes Real Estate Sales Country Club Neighborhood 2019

2 months ago • Country Club, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Country Club Neighborhood 2019

Los Verdes Country Club, Rancho Palos Verdes, CA 90275

2019 Palos Verdes homes sales for Country Club decreased to 23 single family homes sold compared to 27 in 2018. Price per square foot for Country Club houses that sold in 2019 decreased to $559 compared from $610 in 2018, an 8.4% decrease. Average sales price for Country Club Verdes homes sold in 2019 was $1,788,870 compared to $2,173,723 in 2018. The most expensive home sold for $3,700,000 and the lowest priced home sold for $930,000.

Currently, Country Club has 3 active Palos Verdes homes for sale. There are 2 single family homes ranging in price from $1,899,999 for a 4 bedroom/3 bath, 2,666 square foot home, to $2,085,000 for a 5 bedroom/3 bath, 3,551 square foot home. There is 1 condo/townhome for sale for $599,000 for a 2 bedroom/2 bath, 1,068 square foot condo/townhome.

For background and history on Country Club Multiple Listing Area 171, 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 courtesy of Los Verdes Golf Course courtesy of American Golf Corporation

Palos Verdes Real Estate Sales West Palos Verdes Neighborhood 2019

2 months ago • Palos Verdes Home Values, Palos Verdes Neighborhoods, West Palos Verdes

Palos Verdes Real Estate Sales West Palos Verdes Neighborhood 2019

Oceanfront Estates Bluff Trail, Rancho Palos Verdes 90275

2019 Palos Verdes homes sales for West Palos Verdes increased to 17 single family homes sold compared to 16 in 2018. Price per square foot for West Palos Verdes houses that sold in 2019 decreased to $651 compared from $756 in 2018, a 13.8% decrease. Average sales price for West Palos Verdes homes sold in 2019 was $2,010,496 compared to $2,384,750 in 2018. The most expensive home sold for $4,300,000 and the lowest priced home sold for $950,000.

Currently, West Palos Verdes has 4 active Palos Verdes homes for sale. There are 4 single family homes ranging in price from $1,675,000 for a 5 bedroom/5 bath, 1,948 square foot home, to $7,999,000 for a 5 bedroom/6 bath, 5,500 square foot home. There are no condo/townhomes for sale in the area.

For background and history on West Palos Verdes Multiple Listing Area 170, 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 courtesy of Oceanfront Estates Bluff Trail located in this neighborhood courtesy of Arvin Design

Palos Verdes Real Estate Sales Palos Verdes Drive South Neighborhood 2019

2 months ago • Palos Verdes Drive South, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Palos Verdes Drive South Neighborhood 2019

2019 Palos Verdes homes sales for Palos Verdes Drive South decreased to 24 single family homes sold compared to 29 in 2018. Price per square foot for Palos Verdes Drive South houses that sold in 2019 decreased to $584 compared from $831 in 2018, a 29.7% decrease. Average sales price for Palos Verdes Drive South homes sold in 2019 was $1,940,167 compared to $2,276,741 in 2018. The most expensive home sold for $4,213,000 and the lowest priced home sold for $1,031,000.

Currently, Palos Verdes Drive South has 16 active Palos Verdes homes for sale. There are 8 single family homes ranging in price from $1,450,000 for a 5 bedroom/3 bath, 2,369 square foot home, to $4,698,000 for a 5 bedroom/7 bath, 6,149 square foot home. There are 8 condo/townhomes ranging in price from $725,000 for a 2 bedroom/2bath, 1,433 square foot condo/townhome, to $2,245,000 for a 3 bedroom, 4 bath, 2,421 square foot condo/townhome for sale in this area.

For background and history on Palos Verdes Drive South Multiple Listing Area 169, 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 courtesy of Terranea Resort located in the Palos Verdes Drive South neighborhood

Palos Verdes Real Estate Sales Mira Catalina Neighborhood 2019

3 months ago • Mira Catalina, Palos Verdes Home Values, Palos Verdes Neighborhoods

Palos Verdes Real Estate Sales Mira Catalina Neighborhood 2019

mira catalina neighborhood

2019 Palos Verdes homes sales for Mira Catalina decreased to 22 single family homes sold compared to 24 in 2018. Price per square foot for Mira Catalina houses that sold in 2019 increased to $635 compared from $595 in 2018, a 6.7% decrease. Average sales price for Mira Catalina homes sold in 2019 was $1,532,863 compared to $1,413,188 in 2018. The most expensive home sold for $2,450,000 and the lowest priced home sold for $1,080,000.

Currently, Mira Catalina has 6 active Palos Verdes homes for sale. There are 6 single family homes ranging in price from $1,249,000 for a 4 bedroom/3 bath, 2,092 square foot home, to $1,769,000 for a 4 bedroom/3 bath, 2,490 square foot home. There are no condo/townhomes for sale in this area.

For background and history on Mira Catalina Multiple Listing Area 168, 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 courtesy of Marymount College University located in the Mira Catalina neighborhood