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

Palos Verdes Homes 2019 Neighborhood Sales First Half

1 year 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

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 Home Sales Crest Neighborhood 1st Half 2020

6 hours ago • Buyer Resources, Crest, Real Estate Outlook

Palos Verdes Home Sales Crest Neighborhood 1st Half 2020

Palos Verdes homes sales in the Crest neighborhood for the first half of 2020 stayed the same at 8 single family homes sold in 2020 and in 2019. Price per square foot for Crest houses that sold in the first half of 2020 decreased to $565 from $573 in 2019, 1.3% decrease. Average sales price for Crest homes sold in the first half of 2020 increased to $1,489,125 in 2020 compared to $1,456,500 in 2019. The most expensive Palos Verdes home sale in Crest was $1,820,000 and the lowest priced Palos Verdes home sale in the Crest neighborhood was $1,150,000.

Currently, the Crest neighborhood has 5 Palos Verdes homes for sale. There are 2 single family homes for sale ranging in price from $1,325,000 for a 2 bedroom/3 bath, 2,836 square foot home, to $1,625,000 for a 5 bedroom/3 bath, 2,457 square foot home. There are 3 condo/townhomes for sale ranging from $599,000 for a 2 bedroom/2 bath, 1,348 square foot condo/townhome, to $1,395,000 for a 2 bedroom/3 bath, 2,340 square foot condo/townhome.

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

To view current Palos Verdes home sales for the Crest neighborhood and 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 Home Sales Los Verdes Neighborhood 1st Half 2020

1 week ago • Buyer Resources, Los Verdes, Real Estate Outlook

Palos Verdes Home Sales Los Verdes Neighborhood 1st Half 2020

Palos Verdes homes sales in the Los Verdes neighborhood for the first half of 2020 increased to 21 single family homes sold in 2020 compared to 18 in 2019. Price per square foot for Los Verdes houses that sold in the first half of 2020 decreased to $648 from $695 in 2019, a 6.8% decrease. Average sales price for Los Verdes Verdes homes sold in the first half of 2020 increased to $1,406,129 in 2020 compared to $1,283,944 in 2019. The most expensive Palos Verdes home sale in Los Verdes was $2,033,000 and the lowest priced Palos Verdes home sale in the Los Verdes neighborhood was $1,103,200.

Currently, the Los Verdes neighborhood has 2 Palos Verdes homes for sale. There are 2 single family homes for sale ranging in price from $1,295,000 for a 3 bedroom/2 bath, 1,544 square foot home, to $1,475,000 for a 3 bedroom/2 bath, 2,178 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the Los Verdes neighborhood Multiple Listing Area 173, please click here to read my original article on this neighborhood.

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

Photo courtesy of the City of Rancho Palos Verdes

Palos Verdes Home Sales La Cresta Neighborhood 1st Half 2020

2 weeks ago • Buyer Resources, La Cresta, Real Estate Outlook

Palos Verdes Home Sales La Cresta Neighborhood 1st Half 2020

Palos Verdes homes sales in the La Cresta neighborhood for the first half of 2020 increased to 16 single family homes sold in 2020 compared to 15 in 2019. Price per square foot for La Cresta houses that sold in the first half of 2020 increased to $598 from $556 in 2010, a 7.7% increase. Average sales price for La Cresta Palos Verdes homes sold in the first half of 2020 increased to $1,921,179 compared to $1,819,692 in 2019. The most expensive Palos Verdes home sale in La Cresta was $3,152,000 and the lowest priced Palos Verdes home sale in the La Cresta neighborhood was $1,225,000.

Currently, the La Cresta neighborhood has 5 Palos Verdes homes for sale. There are 5 single family homes for sale ranging in price from $2,150,000 for a 5 bedroom/5 bath, 4,189 square foot home, to $5,000,000 for a 5 bedroom/8 bath, 7,848 square foot home. There are no condo/townhomes for sale at this time.

For background and history on the La Cresta neighborhood Multiple Listing Area 172, please click here to read my original article on this neighborhood.

To view current Palos Verdes home sales for the La Cresta neighborhood and 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 Home Sales Country Club Neighborhood 1st Half 2020

4 weeks ago • Buyer Resources, Country Club, Real Estate Outlook

Palos Verdes Home Sales Country Club Neighborhood 1st Half 2020

Los Verdes Country Club, Rancho Palos Verdes, CA 90275

Palos Verdes homes sales in the Country Club neighborhood for the first half of 2020 increased to 14 single family homes sold in 2020 compared to 13 in 2019. Price per square foot for Country Club houses that sold in the first half of 2020 increased to $574 from $557 in 2019, an 3.0% increase. Average sales price for Country Club Palos Verdes homes sold in the first half of 2020 increased to $1,921,179 in 2020 compared to $1,819,692 in 2019. The most expensive Palos Verdes home sale in Country Club was $3,152,000 and the lowest priced Palos Verdes home sale in the Country Club neighborhood was $1,225,000.

Currently, the Country Club neighborhood has 2 Palos Verdes homes for sale. There is 1 single family home for sale for $2,198,000 for a 4 bedroom/3 bath, 3,562 square foot home. There is 1 condo for sale for $439,800 for a 1 bedroom/1 bath, 778 square foot condo.

For background and history on the Country Club neighborhood Multiple Listing Area 171, please click here to read my original article on this neighborhood.

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

Photo of Los Verdes Golf Course courtesy of American Golf Corporation

Palos Verdes Home Sales West Palos Verdes Neighborhood 1st Half 2020

1 month ago • Buyer Resources, Real Estate Outlook, West Palos Verdes

Palos Verdes Home Sales West Palos Verdes Neighborhood 1st Half 2020

Oceanfront Estates Bluff Trail, Rancho Palos Verdes 90275

Palos Verdes homes sales in the West Palos Verdes neighborhood for the first half of 2020 decreased to 5 single family homes sold in 2020 compared to 8 in 2019. Price per square foot for West Palos Verdes houses that sold in the first half of 2020 increased to $659 from $624 in 2019, a 5.6 % increase. Average sales price for West Palos Verdes homes sold in the first half of 2020 decreased to $1,638,700 in 2020 compared to $2,007,125 in 2019. The most expensive Palos Verdes home sale in West Palos Verdes was $2,100,000 and the lowest priced Palos Verdes home sale in the West Palos Verdes neighborhood was $1,300,000.

Currently, the West Palos Verdes neighborhood has 9 Palos Verdes homes for sale. There are 9 single family homes for sale ranging in price from $1,600,000 for a 4 bedroom/2 bath, 1,926 square foot home, to $8,399,000 for a 5 bedroom/6 bath, 5,500 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the West Palos Verdes neighborhood Multiple Listing Area 170, please click here to read my original article on this neighborhood.

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

Photo of Oceanfront Estates Bluff Trail located in this neighborhood courtesy of Arvin Design

Palos Verdes Home Sales Palos Verdes Drive South Neighborhood 1st Half 2020

1 month ago • Buyer Resources, Palos Verdes Drive South, Real Estate Outlook

Palos Verdes Home Sales Palos Verdes Drive South Neighborhood 1st Half 2020

Palos Verdes homes sales in the Palos Verdes Drive South neighborhood for the first half of 2020 was 13 single family homes sold in 2020 which is the same as the 13 homes in 2019. Price per square foot for Palos Verdes Drive South houses that sold in the first half of 2020 increased to $664 from $605 in 2019, a 9.8 % increase. Average sales price for Palos Verdes Drive South homes sold in the first half of 2020 increased to $2,669,910 in 2020 compared to $1,642,692 in 2019. The most expensive Palos Verdes home sale in Palos Verdes Drive South was $6,700,000 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive South neighborhood was $1,200,000.

Currently, the Palos Verdes Drive South neighborhood has 12 Palos Verdes homes for sale. There are 6 single family homes for sale ranging in price from $1,449,000 for a 3 bedroom/3 bath, 1,906 square foot home, to $9,500,000 for a 6 bedroom/9 bath, 5,251 square foot home. There are 6 condo/townhomes for sale ranging in price from $775,000 for a 2 bedroom/2 bath, 1,373 square foot condo/towhome, to $1,945,000 for a 2 bedroom/3 bath, 2,337 square foot condo/townhome.

For background and history on the Palos Verdes Drive South neighborhood Multiple Listing Area 169, please click here to read my original article on this neighborhood.

To view current Palos Verdes home sales for the Palos Verdes Drive South neighborhood and 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 Home Sales Mira Catalina Neighborhood 1st Half 2020

1 month ago • Buyer Resources, Mira Catalina, Real Estate Outlook

Palos Verdes Home Sales Palos Mira Catalina Neighborhood 1st Half 2020

mira catalina neighborhood

Palos Verdes homes sales in the Mira Catalina neighborhood for the first half of 2020 decreased to 12 single family homes sold in 2020 compared to 13 in 2019. Price per square foot for Mira Catalina houses that sold in the first half of 2020 decreased to $591 from $697 in 2019, a 15.2 % decrease. Average sales price for Mira Catalina homes sold in the first half of 2020 decreased to $1,402,733 in 2020 compared to $1,559,614 in 2019. The most expensive Palos Verdes home sale in Mira Catalina was $1,899,000 and the lowest priced Palos Verdes home sale in the Mira Catalina neighborhood was $1,150,000.

Currently, the Mira Catalina neighborhood has 1 Palos Verdes homes for sale. There is 1 single family homes for sale at $1,395,000 for a 4 bedroom/3 bath, 2,372 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the Mira Catalina neighborhood Multiple Listing Area 168, please click here to read my original article on this neighborhood.

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

Photo courtesy of Marymount College located in the Mira Catalina neighborhood

Palos Verdes Home Sales Palos Verdes Drive East Neighborhood 1st Half 2020

2 months ago • Buyer Resources, Palos Verdes Drive East, Real Estate Outlook

Palos Verdes Home Sales Palos Verdes Drive East Neighborhood 1st Half 2020

Palos Verdes Drive East night time view of the Harbor

Palos Verdes homes sales in the Palos Verdes Drive East neighborhood for the first half of 2020 stayed the same with 28 single family homes sold in 2020, and 28 sold in 2019. Price per square foot for Palos Verdes Drive East houses that sold in the first half of 2020 decreased to $522 from $560 in 2019, a 6.8 % decrease. Average sales price for Palos Verdes Drive East homes sold in the first half of 2020 decreased to $1,533,889 in 2020 compared to $1,758,939 in 2019. The most expensive Palos Verdes home sale in Palos Verdes Drive East was $2,600,000 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive East neighborhood was $1,010,000.

Currently, the Palos Verdes Drive East neighborhood has 8 Palos Verdes homes for sale. There are 8 single family homes for sale ranging in price from $1,429,000 for a 4 bedroom/3 bath, 2,481 square foot home, to $2,575,000 for a 5 bedroom/5 bath, 4,000 square foot home. There are no condo/townhomes for sale in this area.

For background and history on the Palos Verdes Drive East neighborhood Multiple Listing Area 167, please click here to read my original article on this neighborhood.

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

Many of the homes have harbor views and/or views of the Vincent Thomas Bridge and sparkling night time city light views (photo above)

Palos Verdes Home Sales Palos Verdes Drive North Neighborhood 1st Half 2020

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

Palos Verdes Home Sales Palos Verdes Drive North Neighborhood 1st Half 2020

Palos Verdes homes sales in the Palos Verdes Drive North neighborhood for the first half of 2020 decreased to 31 single family homes sold in 2020 compared to 40 in 2019. Price per square foot for Palos Verdes Drive North houses that sold in the first half of 2020 increased to $678 from $671 in 2019, a 1.1% increase. Average sales price for Palos Verdes Drive North homes sold in the first half of 2020 increased to $2,091,958 in 2020 compared to $2,005,000 in 2019. The most expensive Palos Verdes home sale in the Palos Verdes Drive North neighborhood was $5,029,710 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive North neighborhood was $1,135,000.

Currently, the Palos Verdes Drive North neighborhood has 13 Palos Verdes homes for sale. There are 13 single family homes for sale ranging in price from $1,300,000 for a 3 bedroom/2 bath, 2,060 square foot home, to $5,900,000 for a 5 bedroom/5 bath, 5,000 square foot home. There are no condos/townhomes for sale at this time.

For background and history on the Palos Verdes Drive North Neighborhood Multiple Listing Area 165, please click here to read my prior 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 2020

3 months ago • Buyer Resources, Real Estate Outlook, Valmonte

Palos Verdes Home Sales Valmonte Neighborhood 1st Half 2020

Palos Verdes Trees

Palos Verdes homes sales in the Valmonte neighborhood for the first half of 2020 decreased to 14 single family homes sold in 2020 compared to 19 in 2019. Price per square foot for Valmonte houses that sold in the first half of 2020 decreased to $726 from $787 in 2019, a 7.7% decrease. Average sales price for Valmonte homes sold in the first half of 2020 decreased to $1,708,214 in 2020 compared to $1,808,105 in 2019. The most expensive Palos Verdes home sale in the Valmonte neighborhood was $2,995,000 and the lowest priced Palos Verdes home sale in the Valmonte neighborhood was $1,125,000.

Currently, the Valmonte neighborhood has 5 Palos Verdes homes for sale. There are 5 single family homes for sale ranging in price from $1,400,000 for a 3 bedroom/2 bath, 1,527 square foot home, to $4,799,000 for a 6 bedroom/8 bath, 5,000 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 prior 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