Mid May 2020 Palos Verdes Home Sales

Real Estate Agent with RE/MAX Estates Properties 00598848

Palos Verdes real estate single family home sales in the first 22 days of May 2020 are 26 homes which is a decrease from the 32 Palos Verdes homes sold in the first 22 days of April and a decrease from the first 22 days of May 2019 (46).  (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 May 22rd is $2,002,646 which is an increase from last month’s average of $1,923,985 for this same time period and an increase from $1,980,000 last May.

In May 2020 to date, the highest priced Palos Verdes homes sold for $4,100,000 and is located in the Palos Verdes Drive South neighborhood of Rancho Palos Verdes and had 5 bedrooms, 6 baths, and 6,000 square feet on a 18,118 square foot lot.  This beautiful newly constructed home features ocean/golf/Catalina views, a gourmet kitchen, glass round elevator, 21 foot cascading water wall, and zero edge pool w/40 foot water wall.  The lowest priced Palos Verdes homes sold May 2020 to date for $1,200,000 and is located in the Silver Spur neighborhood of Rancho Palos Verdes and features 3 bedrooms, 3 baths and 2,133 square feet on a 7,076 square foot lot.

We currently have 124 active single family Palos Verdes homes for sale priced between $1,130,000 in the Peninsula Center neighborhood to $18,999,000 in the City of Rolling Hills.  To view Palos Verdes real estate statistics from February 2019 through April 2020, click here or on the “Statistics” tab above.

To read my prior article on Mid April 2020 Palos Verdes Home Sales click here.

Originally posted to Elaine Carlson's real estate blog PalosVerdesSource.com.

Photo of Lakeview Catalina Trail courtesy of Arvin Design

Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Elaine and thanks for the great market report for us here in the rain and also for your buyers and sellers!


May 28, 2020 11:05 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

this is very helpful for buyers and sellers alike who want to know what is going on in your area. 

May 28, 2020 03:48 PM