Sales for Palos Verdes real estate single family homes in the first 23 days of August have increased compared to sales for the first 23 days of last month (26). 36 Palos Verdes houses have been reported as sold to date since August 1, 2012. (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 August 1st to date is $1,330,958 which is down from last month’s average of $1,423,158.
In August 2012 to date, the highest priced Palos Verdes home sold for $3,541,000 in the Lunada Bay neighborhood of Palos Verdes Estates; this fabulous 5,063 square foot, 4 bedroom, 5 bath magnificent contemporary residence has breathtaking views of the Pacific Ocean and Catalina Island (across the street from the ocean bluffs) and features an updated kitchen, a family room, bar, light-filled office, expansive patios, greenhouse and four-car garage on a 22,617 square foot lot. To read more about Palos Verdes homes sales in August, click here...
Photo of La Venta Inn, Palos Verdes Estates, CA
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