palos verdes real estate trends: Palos Verdes Real Estate Sales January 2020 For Palos Verdes Homes - 02/11/20 12:03 PM

Palos Verdes real estate sales January 2020 for Palos Verdes homes decreased compared to December.  40 Palos Verdes houses sold in January compared to the 56 homes sold in December and increased compared to the 18 homes that sold in January 2019.  There were 47 Palos Verdes single family homes pending in January which increased from the 36 homes pending in December.  The number of active Palos Verdes homes for sale in January (141) increased from the 129 homes for sale in December.
Average sales price for Palos Verdes homes sold in January increased to $1,723,000 compared to $1,686,000 in … (2 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales May 2019 For Palos Verdes Homes - 06/24/19 02:25 PM

Palos Verdes real estate sales May 2019 for Palos Verdes homes increased compared to March.  63 Palos Verdes houses sold in May compared to the 48 homes sold in April and was exactly the same as the the 63 homes that sold in May 2018.  There were 81 Palos Verdes single family homes pending in May which increased from the 68 homes pending in April.  The number of active Palos Verdes homes for sale in May (241) increased from the 227 homes for sale in April.
Average sales price for Palos Verdes homes sold in May increased to $1,930,000 from … (2 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales Silver Spur Neighborhood 2017 - 07/30/18 06:10 PM

2017 Palos Verdes homes sales for the Silver Spur neighborhood increased to 58 single family homes sold compared to 53 in 2016.  Price per square foot for Silver Spur houses that sold in the first half of 2017 increased to $637 compared to $617 in 2016 a 3.2% increase.  Average sale price for Silver Spur homes sold in 2017 was $1,140,044 compared to $1,180,366 in 2016.  The most expensive home sold for $1,710,000 and the lowest priced home sold for $860,000.
Currently, Silver Spur has 9 active Palos Verdes home for sale.  There are 9 single family homes priced from $1,000,000 for a 3 bedroom/2 … (0 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales October 2017 For Palos Verdes Homes - 11/21/17 02:19 PM

Palos Verdes real estate sales October 2017 for Palos Verdes homes decreased compared to September.  52 Palos Verdes houses sold in October which decreased from the 67 homes sold in September and decreased from the the 54 homes that sold in October 2016.  There were 52 Palos Verdes single family homes pending in October which decreased from the 60 homes pending in September.  The number of active Palos Verdes homes for sale in October (183) decreased from the 189 homes for sale in September.
Average sales price for Palos Verdes homes sold in October increased to $1,630,000 from $1,560,000 in … (0 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales May 2017 For Palos Verdes Homes - 06/28/17 01:45 PM

Palos Verdes real estate sales May 2017 for Palos Verdes homes increased significantly compared to April.  76 Palos Verdes houses sold in May which is an increase from the 48 homes sold in April and about the same as the the 75 homes that sold in May 2016.  There were 91 Palos Verdes single family homes pending in May which increased from the 78 homes pending in April.  The number of active Palos Verdes homes for sale in May (209) was an increase from the 187 homes for sale in April.
Average sales price for Palos Verdes homes sold in … (1 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales Crest Neighborhood 2016 - 06/27/17 08:39 AM

2016 Palos Verdes homes sales for the Crest neighborhood increased to 34 single family homes sold in 2016 compared to 32 in 2015.  Price per square foot for Crest houses that sold in 2016 increased to $545 compared to $517 in 2015 a 5.5% increase.  Average sales price for Crest homes sold in 2016 was $1,353,270 compared to $1,281,602 in 2015.  The most expensive home sold for $1,710,000 and the lowest priced home sold for $995,000.
Currently, Crest has 18 active Palos Verdes homes for sale.  There are 3 single family homes ranging in price from $1,349,000 for a 4 bedroom/3 bath, 2,424 square foot home, to … (0 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales La Cresta Neighborhood 2016 - 06/06/17 01:34 PM

2016 Palos Verdes homes sales for the La Cresta neighborhood decreased to 37 single family homes sold in 2016 compared to 40 in 2015.  Price per square foot for La Cresta houses that sold in 2016 increased to $564 compared to $551 in 2015 a 2.3% increase.  Average sales price for La Cresta homes sold in 2016 was nearly the same – $2,094,608 compared to $2,095,272 in 2015.  The most expensive home sold for $4,525,000 and the lowest priced home sold for $952,500.
Currently, La Cresta has 16 active Palos Verdes homes for sale.  There are 15 single family homes ranging in price from $1,294,000 for a … (0 comments)

palos verdes real estate trends: MID MAY 2017 PALOS VERDES HOME SALES - 06/01/17 08:06 AM
Palos Verdes real estate single family home sales in the first 22 days of May 2017 are 54 homes which is an increase from the 33 Palos Verdes homes sold in the first 22 days April and a decrease from first 22 days of May 2016 (58).  (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 May 1st to date is $1,749,816 which is a decrease from last month’s average of $1,781,851 for this same time period and an increase from $1,515,452 last May.
In … (2 comments)

palos verdes real estate trends: Favorite Palos Verdes Homes – May 16, 2017 - 05/22/17 05:30 PM
My favorite Palos Verdes Homes on the May 16, 2017,  Palos Verdes real estate Broker’s Tour (21 homes had open houses today) are described below.  We currently have 205 single family Palos Verdes homes for sale ranging in price from $969,000 in Rancho Palos Verdes (The low in Eastview is $798,888) to $48,000,000 in Rolling Hills Estates.  There are 29 Palos Verdes condos/townhomes for sale priced between $558,000 and $2,350,000.  My favorite Palos Verdes homes today are:
       
Young Gill’s (RE/MAX Estate Properties) 48 Santa Barbara Dr, Rancho Palos Verdes 90275 (above left) is a 4 bedroom, 5 bath, 4,606 square foot home … (0 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales Palos Verdes Drive South Neighborhood 2016 - 05/15/17 08:24 PM

2016 Palos Verdes homes sales for the Palos Verdes Drive South neighborhood increased to 37 single family homes sold in 2016 compared to 35 in 2015.  Price per square foot for Palos Verdes Drive South houses that sold in 2016 decreased to $545 compared to $656 in 2015 a -16.9% decrease.  Average sales price for Palos Verdes Drive South homes sold in 2016 was $1,769,375 compared to $1,899,889 in 2015.  The most expensive home sold for $4,200,000 and the lowest priced home sold for $1,065,000.
Currently, Palos Verdes Drive South has 18 active Palos Verdes homes for sale.  There are 10 single family homes ranging in price … (0 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales Mira Catalina Neighborhood 2016 - 05/05/17 07:15 AM

2016 Palos Verdes homes sales for the Mira Catalina neighborhood increased to 28 single family homes sold in 2016 compared to 22 in 2015.  Price per square foot for Mira Catalina houses that sold in 2016 was just about the same as 2015 – $536 compared to $537, a 0.2% decrease.  Average sales price for Mira Catalina homes sold in 2016 was $1,309,130 compared to $1,261,448 in 2015.  The most expensive home sold for $1,975,000 and the lowest priced home sold for $1,005,000.
Currently, Mira Catalina has 7 active Palos Verdes homes for sale.  There are 7 single family homes ranging in price from $1,150,000 for a … (1 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales Palos Verdes Drive North Neighborhood 2016 - 04/17/17 08:01 PM

2016 Palos Verdes homes sales for the Palos Verdes Drive North neighborhood was exactly the same at 68 homes sold in 2016 and in 2015.  Price per square foot for Palos Verdes Drive North houses that sold in 2016 increased to $600 compared from $584 in 2016, a 2.7% increase.  Average sales price for Palos Verdes Drive North homes sold in 2016 was $1,624,693 compared to $1,433,294 in 2015.  The most expensive home sold for $3,150,000 and the lowest priced home sold for $965,000.
Currently, Palos Verdes Drive North has 12 active Palos Verdes homes for sale.  There are 11 single family homes ranging in price from … (0 comments)

palos verdes real estate trends: Palos Verdes Homes All Cash Sales! - 04/14/17 08:03 AM

A recent Los Angeles Times article discussed the number of all cash home sales in the LA area but did not mention Palos Verdes homes sales.  I researched Palos Verdes all cash home sales and found that we did not experience the significant dip that other LA areas experienced.
The LA Times article pointed out that in some areas, “Multimillion-dollar mansions, once snapped up by wealthy Chinese buyers, are now sitting empty.”  As China has tightened their regulations regarding Chinese yuan leaving their country, Chinese buyers have found themselves struggling to pay for homes here as many lenders will not give loans to borrowers … (0 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales January 2017 For Palos Verdes Homes - 03/01/17 07:24 AM

Palos Verdes real estate sales January 2017 for Palos Verdes homes decreased compared to December.  40 Palos Verdes houses sold in January which is a decrease from the 66 homes sold in December and an increase from the the 31 homes that sold in January 2016.  There were 48 Palos Verdes single family homes pending in January which increased from the 43 homes pending in December.  The number of active Palos Verdes homes for sale in January (131) was just about the same as the 130 homes for sale in December.
Average sales price for Palos Verdes homes sold in … (1 comments)

palos verdes real estate trends: Palos Verdes Homes 2016 Neighborhood Sales - 02/15/17 08:09 AM

In my January 19, 2017, article, I discussed the overall sales numbers for single family Palos Verdes homes sold in 2016 with an increase in the median sales price (4.2%), price per square foot (3.0%), average sales price (1.2%), and a decrease in the number of homes sold  (3.6%).  Inventory of Palos Verdes homes for sale was a little higher last year but multiple offers were common as buyers sought to purchase Palos Verdes homes.  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.
West Palos Verdes … (0 comments)

palos verdes real estate trends: MID JANUARY 2017 PALOS VERDES HOME SALES - 02/06/17 04:16 PM
Palos Verdes real estate single family home sales in the first 26 days of January 2017 are 33 homes which is a decrease from the 58 Palos Verdes homes sold in the first 26 days December and an increase from first 26 days of January 2016 (24).  (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 January 1st to date is $1,815,917 which is an increase from last month’s average of $1,685,888 for this same time period and an increase from $1,633,083 last January.
In … (0 comments)

palos verdes real estate trends: Palos Verdes Home Sales Crest Neighborhood 1st Half 2016 - 12/20/16 07:19 PM

Palos Verdes homes sales in the Crest neighborhood for the first half of 2016 decreased to 15 single family homes sold in 2016 compared to 16 in 2015.  Price per square foot for Crest houses that sold in the first half of 2016 increased to $558 from $518 in 2015, a 7.7% increase.  Average sales price for Crest homes sold in the first half of 2016 increased to $1,341,267 in 2016 compared to $1,328,219 in 2015.  The most expensive Palos Verdes home sale in the Crest neighborhood was $1,500,000 and the lowest priced Palos Verdes home sale in the Crest … (0 comments)

palos verdes real estate trends: Palos Verdes Real Estate Sales November 2016 For Palos Verdes Homes - 12/15/16 09:43 AM

Palos Verdes real estate sales November 2016 for Palos Verdes homes increased compared to October.  53 Palos Verdes houses sold in November which is exactly the same as the 53 homes sold in October and a decrease from the the 59 homes that sold in November 2015.  There were 56 Palos Verdes single family homes pending in November which decreased from the 69 homes pending in October.  The number of active Palos Verdes homes for sale in November (166) decreased  from the 196 homes for sale in October.
Average sales price for Palos Verdes homes sold in November increased to … (0 comments)

palos verdes real estate trends: Favorite Palos Verdes Homes – December 6, 2016 - 12/10/16 10:11 AM
My favorite Palos Verdes Homes on the December 6, 2016, Palos Verdes real estate Broker’s Tour (24 homes had open houses today) are described below.  We currently have 161 single family Palos Verdes homes for sale ranging in price from $832,000 in Rancho Palos Verdes 90275 to $48,000,000 in Rolling Hills Estates (The low in Eastview is $659,000).  There are 38 Palos Verdes condos/townhomes for sale priced between $249,000 and $2,995,000.  My favorite Palos Verdes homes today are:
       
Steve Watts’ (RE/MAX Estate Properties) 3806 Via Palomino, Palos Verdes Estates 90274 (above left) is a 4 bedroom, 4 bath, 3,377 square foot home for … (1 comments)

palos verdes real estate trends: Favorite Palos Verdes Homes – November 15, 2016 - 11/30/16 05:48 PM
My favorite Palos Verdes Homes on the November 15, 2016, Palos Verdes real estate Broker’s Tour (11 homes had open houses today) are described below.  We currently have 169 single family Palos Verdes homes for sale ranging in price from $985,000 in Rancho Palos Verdes 90275 to $48,000,000 in Rolling Hills Estates (The low in Eastview is $788,000).  There are 36 Palos Verdes condos/townhomes for sale priced between $259,000 and $2,995,000.  My favorite Palos Verdes homes today are:
      
Joe Alessi’s (RE/MAX Estate Properties) 3008 Via Victoria, Palos Verdes Estates 90274 (above left) is a 4 bedroom, 5 bath, 4,000 square foot home for $3,399,000.  … (1 comments)

 
Elaine Murphy Carlson (RE/MAX Estates Properties)

Elaine Murphy Carlson

Palos Verdes Peninsula, CA

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