Palos Verdes Peninsula, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners are happy that the beaches, parks & trails, including the Palos Verdes Nature Preserve are now opening under the guidance from the County of Los Angeles. Our cities are encouraging residents to participate in recreational outdoor activity in their neighborhoods. When outdoors visiting these areas, please make sure that you are mindful of your social interactions and wear a face covering. All visitors must practice physical distancing by staying 6 feet away from others not in their household. Face coverings are mandatory at beaches when out of the water, and on trailheads, parking areas, and any trails where there are other groups of people nearby. The city staff, park rangers and law enforcement will be monitoring these areas to ensure compliance, and parking ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2019 Palos Verdes homes sales for Country Club decreased to 23 single family homes sold compared to 27 in 2018.  Price per square foot for Country Club houses that sold in 2019 decreased to $559 compared from $610 in 2018, an 8.4% decrease.  Average sales price for Country Club Verdes homes sold in 2019 was $1,788,870 compared to $2,173,723 in 2018.  The most expensive home sold for $3,700,000 and the lowest priced home sold for $930,000. Currently, Country Club has 3 active Palos Verdes homes for sale.  There are 2 single family homes ranging in price from $1,899,999 for a 4 bedroom/3 bath, 2,666 square foot home, to $2,085,000 for a 5 bedroom/3 bath, 3,551 square foot home.  There is 1 condo/townhome for sale for $599,000 for a 2 bedroom/2 bath, 1,068 square foot condo/townhome. For b...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite new Palos Verdes homes listings on May 12, 2020, are described below.  We currently have 123 single family Palos Verdes homes for sale ranging in price from $1,130,000 in Rancho Palos Verdes (the low in Eastview is $919,000) to $18,999,000 in the City of Rolling Hills.  There are 34 Palos Verdes condos/townhomes for sale priced between $324,900 and $2,245,000.  My favorite new Palos Verdes homes listings are:      Bill Ruth’s (Keller Williams Palos Verdes) 62 E Crest Road E, Rolling Hills, 90274 (above left) is a 6 bedroom, 10 bath, 7,896 square foot home for $6,800,000. This stunning contemporary Rolling Hills estate features a gourmet kitchen w/enormous center island, luxurious master suite, attached guest house, 4 stall barn, 4 car garage, and sparking pool/spa. Chris Adl...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners have been waiting and hoping for the revised “Safer at Home” order that allows them more opportunity to get out and exercise.  Other news media have reported that some areas have already lifted their bans, but we have been waiting for specific news about Palos Verdes.  Good news: the City of Rancho Verdes has partially reopened six neighborhood parks on a trial bases to allow residents to have more walking opportunities.  They are: Eastview Park (excluding the dog park) – 1700 Westmont Drive, Rancho Palos Verdes Frank A. Vanderlip Park – 6500 Seacove Drive, Rancho Palos Verdes Fred Hesse, Jr. Community Park – 29301 Hawthorne Blvd, Rancho Palos Verdes Ladera Linda Park – 32201 Forrestal Drive, Rancho Palos Verdes Robert E. Ryan Community Park – 30359 Hawthorne B...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales April 2020 for Palos Verdes homes increased compared to March.  50 Palos Verdes houses sold in April compared to the 48 homes sold in March and increased compared to the 48 homes that sold in April 2019.  There were 42 Palos Verdes single family homes pending in April which is exactly the same as the 42 homes pending in March.  The number of active Palos Verdes homes for sale in April (141) was slightly higher than the 140 homes for sale in March. Average sales price for Palos Verdes homes sold in April decreased to $1,938,000 compared to $1,983,000 in March, and increased from the $1,888,000 in April 2019.  Price per square foot for Palos Verdes houses that sold/closed escrow in April decreased to $602 from March ($655).  Average days on market in April ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2019 Palos Verdes homes sales for West Palos Verdes increased to 17 single family homes sold compared to 16 in 2018.  Price per square foot for West Palos Verdes houses that sold in 2019 decreased to $651 compared from $756 in 2018, a 13.8% decrease.  Average sales price for West Palos Verdes homes sold in 2019 was $2,010,496 compared to $2,384,750 in 2018.  The most expensive home sold for $4,300,000 and the lowest priced home sold for $950,000. Currently, West Palos Verdes has 4 active Palos Verdes homes for sale.  There are 4 single family homes ranging in price from $1,675,000 for a 5 bedroom/5 bath, 1,948 square foot home, to $7,999,000 for a 5 bedroom/6 bath, 5,500 square foot home.  There are no condo/townhomes for sale in the area. For background and history on West Palos Verde...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The Palos Verdes Unified School District has had to change directions for its summer school program because of the COVID-19 virus.  This year,  summer school will be an online program for all grade levels.  All summer school programs will begin on June 22, 2020.Palos Verdes elementary students participating in a Summer Break Program will be taking one block of reading, writing and math which will be taught via Zoom.  The program will be taught with the maximum of only 18 students per teacher.  Classes will begin at 8:30 a.m. and go until 12:00 noon.   Students will be attending classes from Monday, June 22, through Friday, July 17, 2020.  The cost for elementary students is $500. Registration will open on May 12, 2020, at 9:00 a.m. and will close on June 1, 2020, at 3:00 p.m.Palos Verde...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2019 Palos Verdes homes sales for Palos Verdes Drive South decreased to 24 single family homes sold compared to 29 in 2018.  Price per square foot for Palos Verdes Drive South houses that sold in 2019 decreased to $584 compared from $831 in 2018, a 29.7% decrease.  Average sales price for Palos Verdes Drive South homes sold in 2019 was $1,940,167 compared to $2,276,741 in 2018.  The most expensive home sold for $4,213,000 and the lowest priced home sold for $1,031,000. Currently, Palos Verdes Drive South has 16 active Palos Verdes homes for sale.  There are 8 single family homes ranging in price from $1,450,000 for a 5 bedroom/3 bath, 2,369 square foot home, to $4,698,000 for a 5 bedroom/7 bath, 6,149 square foot home.  There are 8 condo/townhomes ranging in price from $725,000 for a 2...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite new Palos Verdes homes listings on April 28, 2020, are described below.  We currently have 139 single family Palos Verdes homes for sale ranging in price from $1,130,000 in Rancho Palos Verdes (the low in Eastview is $949,888) to $18,999,000 in the city of Rolling Hills. There are 30 Palos Verdes condos/townhomes for sale priced between $324,900 and $2,245,000.  My favorite new Palos Verdes homes listings are:      Justin Miller’s (Beach City Brokers) 400 Paseo Del Mar, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 4 bath, 4,054 square foot home for $5,299,000.  This Spanish ranch style ocean front Malaga Cove home features full Queen’s necklace/ocean/city views, pristine kitchen w/large island, 2 living areas, master suite w/great walk-in closets and spa like bat...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
PALOS VERDES HOMES INFORMATION – HOW TO DISINFECT YOUR HOME IN THE TIME OF CORONAVIRUS 1 WEEK AGO • BUYER RESOURCES, HOMEOWNER INFORMATION, SELLER RESOURCES I came across the following article that I want to share with Palos Verdes homes owners as it contains great information. HOW TO DISINFECT YOUR HOME IN THE TIME OF CORONAVIRUS By: Christina Hoffmann Published: March 17, 2020 I came across the following article that I wanted to share with Palos Verdes homes owners as it has great information. A bleach solution or rubbing alcohol is your best bet for keeping your home sanitized. There’s everyday clean, guest clean, and then there’s COVID-19 clean. To get down the absolute nitty gritty on how to disinfect your home, you’ll want your big guns: bleach, rubbing alcohol, and hot water. THE...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 23 days of April 2020 are 32 homes which is a decrease from the 36 Palos Verdes homes sold in the first 23 days of March and a decrease from the first 23 days of April 2019 (34).  (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 April 1st to April 23rd is $1,930,673 which is a decrease from last month’s average of $2,042,636 for this same time period and a decrease from $2,042,990 last April. In April 2020 to date, the highest priced Palos Verdes homes sold for $3,500,000 and is located in the Lunada Bay neighborhood of Palos Verdes Estates and had 4 bedrooms, 5 baths, and 3,495 square feet on a 8,640 square foot lot....
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2019 Palos Verdes homes sales for Mira Catalina decreased to 22 single family homes sold compared to 24 in 2018.  Price per square foot for Mira Catalina houses that sold in 2019 increased to $635 compared from $595 in 2018, a 6.7% decrease.  Average sales price for Mira Catalina homes sold in 2019 was $1,532,863 compared to $1,413,188 in 2018.  The most expensive home sold for $2,450,000 and the lowest priced home sold for $1,080,000. Currently, Mira Catalina has 6 active Palos Verdes homes for sale.  There are 6 single family homes ranging in price from $1,249,000 for a 4 bedroom/3 bath, 2,092 square foot home, to $1,769,000 for a 4 bedroom/3 bath, 2,490 square foot home.  There are no condo/townhomes for sale in this area. For background and history on Mira Catalina Multiple Listing ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes AYSO Soccer (Region 10) is currently accepting early bird online registration for Fall 2020. Due to the Coronavirus the April 25, 2020, walk in registration has been cancelled, but the May 16, 2020, walk in registration date is still in effect.  The Palos Verdes Region 10 of the American Youth Soccer Organization (AYSO) offers year round recreational and competitive youth soccer programs locally for four year olds (U5 division) all the way up to 19 year olds (U19).  Several years ago, the AYSO National changed the age divisions and it is now based on birthdays January 1 through December 31st.  The age of your child in 2020 will determine their Fall division.  The home page at http://ayso.bluesombrero.com/region10 will show the division and age slots.The online registration ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales March 2020 for Palos Verdes homes increased compared to February.  47 Palos Verdes houses sold in March compared to the 37 homes sold in February and decreased compared to the 57 homes that sold in March 2019.  There were 67 Palos Verdes single family homes pending in March which increased from the 56 homes pending in February.  The number of active Palos Verdes homes for sale in March (140) was exactly the same as the 140 homes for sale in February. Average sales price for Palos Verdes homes sold in March increased to $1,994,000 compared to $1,755,000 in February, and decreased from the $1,718,000 in March 2019.  Price per square foot for Palos Verdes houses that sold/closed escrow in March increased to $664 from February ($633).  Average days on market i...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Here are a few restaurants offering some COVID Specials in the area as well as the special hours being offered for grocery shopping. Stay safe, stay healthy and stay optimistic.  Bettolino Kitchen Redondo Beach(310)375-0500 www.BettolinoKitchen.com  Add a 6 pack of toilet paper for $7.50 Family bundle meal specials daily include: salad, meal, bread and a bottle of wine. Ranging from $60-80 Giving Tuesday-proceeds go to frontline workers at Torrance Memorial Hospital   Good Stuff Palos Verdes (310)544-8000 *Donate a meal to a frontline worker 6 pack of beer for $8 Bottle of wine specials Family bundles curbside pick-up   Truxtons Torrance/PV border (310)373-8790   Daily Blue plate specials pick-up or delivery $7 for adults, $3 for children Wine specials   Gaetano's Restaurant Torrance (3...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2019 Palos Verdes homes sales for Palos Verdes Drive East increased to 57 single family homes sold compared to 56 in 2018.  Price per square foot for Palos Verdes Drive East houses that sold in 2019 increased to $538 compared from $537 in 2018, a .3% increase.  Average sales price for Palos Verdes Drive East homes sold in 2019 was $1,630,367 compared to $1,530,679 in 2018.  The most expensive home sold for $4,235,000 and the lowest priced home sold for $850,000. Currently, Palos Verdes Drive East has 12 active Palos Verdes homes for sale.  There are 12 single family homes ranging in price from $1,325,000 for a 3 bedroom/2 bath, 1,840 square foot home, to $4,100,000 for a 5 bedroom/7 bath, 8,533 square foot home.  There are no condo/townhomes for sale in this area. For background and hi...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The Palos Verdes Library District has some great opportunities for children and adults. Even though the library is closed for visitors, it offers many fun & interesting things to participate in.  No matter what your age, there is something for all of us here to enjoy.  The Palos Verdes Library District is dedicated to providing online services to the community during the COVID-19 virus.  The wonderful thing about these programs is that many of the digital resources can be accessed 24/7 with your library card.  If you don’t currently have a library card, you can sign up online and it will be emailed back to you within 48 hours (click here for link).Some of the wonderful programs the Library is currently offering are:Overdrive –  you can borrow bestselling ebooks and audiobooks using Over...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2019 Palos Verdes homes sales for the City of Rolling Hills decreased to 17 single family homes sold compared to 24 in 2018.  Price per square foot for Rolling Hills houses that sold in 2019 increased to $915 compared from $727 in 2017, a 25.8% increase.  Average sales price for Rolling Hills homes sold in 2019 was $3,796,699 compared to $3,817,561 in 2018.  The most expensive home sold for $15,500,000 and the lowest priced home sold for $1,335,000. Currently, Rolling Hills has 13 active Palos Verdes homes for sale.  There are 13 single family homes ranging in price from $2,895,000 for a 5 bedroom/7 bath, 6,300 square foot home, to $18,999,000 for a 5 bedroom/9 bath, 8,900 square foot home.  There are no condo/townhomes for sale in this area. For background and history on Rolling Hills ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 20 days of March 2020 are 34 homes which is an increase from the 22 Palos Verdes homes sold in the first 20 days of February and a decrease from the first 20 days of March 2019 (39).  (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 March 1st to March 20th is $2,001,614 which is an increase from last month’s average of $1,741,434 for this same time period and an increase from $1,796,001 last March. In March 2020 to date, the highest priced Palos Verdes homes sold for $6,700,000 and is located in the Palos Verdes Drive South  neighborhood of Rancho Palos Verdes and had 6 bedrooms, 7 baths, and 7,617 square feet on a 27...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales February 2020 for Palos Verdes homes decreased compared to January.  37 Palos Verdes houses sold in February compared to the 40 homes sold in January and decreased slightly compared to the 38 homes that sold in February 2019.  There were 66 Palos Verdes single family homes pending in February which increased from the 43 homes pending in January.  The number of active Palos Verdes homes for sale in February (140) decreased slightly from the 141 homes for sale in January. Average sales price for Palos Verdes homes sold in February increased to $1,755,000 compared to $1,723,000 in January, and decreased from the $2,014,000 in February 2019.  Price per square foot for Palos Verdes houses that sold/closed escrow in February increased to $633 from January ($607)...
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