There are only 97 homes for sale in all of the Palos Verdes Peninsula. The average market time is roughly 124 days.
There are 26 condos for sale in Palos Verdes. Prices start around $216,00 for a studio in the Estates complex of Rolling Hills Estates, and range in price up to $2,695,000 for a vacation home at Terranea in Rancho Palos Verdes.
There are currently 12 town homes available for sale in Palos Verdes. The prices for a Palos Verdes town home start at $485,000. This will buy you a two bedroom town home on Caddington Drive off of Western in Rancho Palos Verdes. Prices range from $485,000 to $950,000. $950,000 will buy you a three bedroom town home with sweeping views in the gated community of the Park Estates, which includes parks, horse trails, equestrian facilities, pool, spa, tennis and volleyball courts. There are only 60 town homes in this complex located in Rolling Hills Estates off of Hawthorne Blvd.
As of today, 705 homes have closed escrow in Palos Verdes this year. The average market time was 70 days and the average SOLD price was roughly $1,459,000.
If you are looking to buy or sell your home this year in the South Bay, please call your local Realtors, The Tyndall Team, for assistance. (310)872-6358. Best Wishes for a happy and healthy 2014.