Palos Verdes Peninsula, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
  Palos Verdes real estate single family home sales in the first 19 days of  September 2019 are 32 homes which is a decrease from the 44 Palos Verdes homes sold in the first 19 days of August and an increase from the first 19 days of September 2018 (29).  (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 September 1st to September 19th is $1,592,727 which is a decrease from last month’s average of $1,921,770 for this same time period and an decrease from $1,931,121 last September. In September 2019 to date, the highest priced Palos Verdes homes sold for $4,800,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates and had 4 bedrooms, 6 baths, and 5,152 square f...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The Palos Verdes Half Marathon and 10K and 5K run will be held on Saturday, November 16, 2019.  The Palos Verdes Marathon, which is part of the Lexus LaceUp Running Series, is being presented by Saucony.  Lexus is underwriting the costs of the event and will contribute funds raised to Kiwanis Club for their many scholarship programs. The Half Marathon will start and finish above the scenic Terranea Resort in Rancho Palos Verdes. The course will follow the road through gorgeous residential neighborhoods with multi million dollar homes and along scenic coastal cliffs with spectacular ocean views and Catalina Island.  The course is known for its hills and for some it is a challenge.   However, once you finish, you will have plenty to celebrate with a craft beer and brunch or enjoy free mas...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the September 17, 2019, Palos Verdes real estate Broker’s Tour (30 homes had open houses today) are described below.  We currently have 242 single family Palos Verdes homes for sale ranging in price from $959,000 in Rancho Palos Verdes (The low in Eastview is $849,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 47 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,345,000.  My favorite Palos Verdes homes today:         Jamie Waryck & James Harris’ (The Agency) 1816 Paseo del Mar, Palos Verdes Estates, 90274 (above left) is a 6 bedroom, 9 bath, 7,800 square foot home for $9,995,000.  This beautiful Lunada Bay Mediterranean Estate features Catalina/ocean views, gourmet kitchen, decadent ocean-view master suite, elev...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
  PVE-CARES Senior Health & Wellness Fair will take place on Tuesday, October 15, 2019, from 10:00 a.m. to 1:00 p.m. at the Palos Verdes Golf Club located at 3301 Via Campesina, Palos Verdes Estates. Palos Verdes 14th Annual Senior Health & Wellness Fair is offered by PVE-CARES (Community Assistance and Resources for the Elderly and Seniors).  The program was created by the Palos Verdes Estates Police Department to assist seniors so they may live independently and feel safe in their homes on the Peninsula.  The program offers many different events to increase awareness of city services for seniors – updating them on security issues, how to notify the police department when leaving on vacation to local assistance in health care and medical needs. Palos Verdes homes owners will again be a...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the city of Rolling Hills for the first half of 2019 decreased to 9 single family homes sold in 2019 compared to 12 in 2018.  Price per square foot for Rolling Hills houses that sold in the first half of 2019 increased to $1,022 from $664 in 2018, a 53.8 % increase.  Average sales price for Rolling Hills homes sold in the first half of 2019 increased to $4,475,988 in 2019 compared to $2,773,456 in 2018.  The most expensive Palos Verdes home sale in the city of Rolling Hills was $15,500,000 and the lowest priced Palos Verdes home sale in the city of Rolling Hills was $1,475,000.Currently, the city of Rolling Hills has 22 Palos Verdes homes for sale.  There are 22 single family homes for sale ranging in price from $1,599,000 for a 3 bedroom/3 bath, 2,257 square...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of October 2019, the Palos Verdes Peninsula Land Conservancy is offering outdoor hikes/activities for Palos Verdes home owners to enjoy including bird walks, nature walks with naturalists and volunteer opportunities which are listed below. Special Events:  Palos Verdes Pastoral with the Palos Verdes Peninsula Land Conservancy, will take place on October 27, 2019, at 5:00 p.m. at  Terranea Resort.  A garden to table dining event featuring the best of California’s handcrafted local foods and wines will be presented.  The space is limited and tickets for the event are $250.  For more information go to www.pvplc.org. Nature Walk Leader Training will take place at the Land Conservancy Office, at Saturday, October 5, 2019, and October 19, 2019, from 9:00 a.m. to 12:00 p.m.  ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales August 2019 for Palos Verdes homes decreased compared to July.  73 Palos Verdes houses sold in August compared to the 76 homes sold in July and increased compared to the 65 homes that sold in August 2018.  There were 74 Palos Verdes single family homes pending in August which increased from the 68 homes pending in July.  The number of active Palos Verdes homes for sale in August (242) decreased from the 264 homes for sale in July. Average sales price for Palos Verdes homes sold in August decreased to $1,791,000 from $1,885,000 in July and increased from the $1,778,000 in August 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in August decreased to $627 from July ($653).  Average days on market in August decreased to 48 days fro...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the September 10, 2019, Palos Verdes real estate Broker’s Tour (31 homes had open houses today) are described below.  We currently have 243 single family Palos Verdes homes for sale ranging in price from $959,000 in Rancho Palos Verdes (The low in Eastview is $875,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 45 Palos Verdes condos/townhomes for sale priced between $369,000 and $2,345,000.  My favorite Palos Verdes homes today:     Kim Hall’s (RE/MAX Estate Properties) 608 Paseo Lunado, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 4 bath, 2,738 square foot home for $2,250,000.  This light & contemporary lower Lunada Bay home features ocean views, gourmet eat-in kitchen, two story living room, large viewing deck, and spa...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes Homes owners can participate in the annual Coastal Cleanup Day which is a worldwide beach clean up program that has the largest number of volunteers on the planet.  Last year over 800,000 people participated throughout the world, and this year Heal The Bay is expecting at least 10,000 more volunteers to participate here in California. In 2018, coastal cleanup day was said to have removed more than 20 million pieces of trash on this one day event.  Coastal Cleanup Day has gained importance as debris has washed up on our coastline not only from tsunami residue, but also our own waste.  Our local annual Coastal Cleanup Day is scheduled for Saturday, September 21, 2019, from 9:00 a.m. to 12:00 noon at Abalone Cove Shoreline Park. Los Angeles County alone has more than 60 sites ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Palos Verdes Drive North neighborhood for the first half of 2019 increased to 40 single family homes sold in 2019 compared to 33 in 2018.  Price per square foot for Palos Verdes Drive North houses that sold in the first half of 2019 increased to $671 from $594 in 2018, a 13.0% increase.  Average sales price for Palos Verdes Drive North homes sold in the first half of 2019 increased to $1,972,588 in 2019 compared to $1,747,909 in 2018.  The most expensive Palos Verdes home sale in the Palos Verdes Drive North neighborhood was $4,185,335 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive North neighborhood was $900,000.Currently, the Palos Verdes Drive North neighborhood has 23 Palos Verdes homes for sale.  There are 21 single family hom...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners have plenty of beach/sea events taking place this September right here on the Peninsula.  Listed below are just a few of this months activities:Walk Cabrillo will take place on Saturday, September 14, 2019, from 2:00 p.m. to 4:00 p.m.  Just pack a snack and join a walk guided by CMA’s Education staff.  You will start at the Aquarium courtyard, and visit the native garden, salt marsh, beaches and tide pools.  This event is free and open to all ages.Salt Marsh Open House will take place on Sunday, September 22, 2019, from 1:00 p.m. to 3:00 p.m.  Join CMA Educators to learn about the Salinas de San Pedro wetlands habitat at Cabrillo Beach by using binoculars and microscopes to observe live animals.  Visitors can view the birds of the marsh, learn about native plan...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the September 3, 2019, Palos Verdes real estate Broker’s Tour (20 homes had open houses today) are described below.  We currently have 236 single family Palos Verdes homes for sale ranging in price from $1,049,000 in Rancho Palos Verdes (The low in Eastview is $875,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 47 Palos Verdes condos/townhomes for sale priced between $395,000 and $2,345,000.  My favorite Palos Verdes homes today:       Bill Ruth (Keller Williams Palos Verdes) & Charles Raine’s (RE/MAX Estate Properties) 87 E. Crest Road East, Rolling Hills, 90274 (above left) is a 4 bedroom, 5 bath, 4,000 square foot home for $12,000,000.  This designer Rolling Hills home features panoramic ocean/Catalina/coastline views, chef’s ki...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 25 days of  August 2019 are 58 homes which is a decrease from the 65 Palos Verdes homes sold in the first 25 days of July and an increase from the first 25 days of August 2018 (56).  (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 August 25th is $1,819,222 which is a decrease from last month’s average of $1,946,189 for this same time period and an increase from $1,756,996 last August. Between August 1 to August 25, 2019, the highest priced Palos Verdes homes (there were two) sold for $6,600,000.  One was located in Monte Malaga neighborhood of Palos Verdes Estates and has 5 bedrooms, 6 baths and 5,653 s...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners are looking forward to the new 2019-2020 season of the Palos Verdes Performing Arts series.  This is the 37th year that Palos Verdes Performing Arts will be presenting world class, professional entertainment at the Norris Theatre. They will be featuring top name entertainment with musicians and theater entertainers.  Below are just a few of the special performances in the 2019-2020 series:Opening the 2019-2020 season on Saturday, September 14, 2019, will be the return of three time Emmy Award winners, The Texas Tenors.  Playing music from Puccini to Bruno Mars, The Texas Tenors will be performing an extensive repertoire of Broadway, classical, pop and country music with a 30 piece orchestra.  This well known musical act was introduced to the world on “America’s...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Valmonte neighborhood for the first half of 2019 decreased to 19 single family homes sold in 2019 compared to 27 in 2018.  Price per square foot for Valmonte houses that sold in the first half of 2019 increased to $787 from $734 in 2018, a 7.1% increase.  Average sales price for Valmonte homes sold in the first half of 2019 increased to $1,808,105 in 2019 compared to $1,760,206 in 2018.  The most expensive Palos Verdes home sale in the Valmonte neighborhood was $3,720,000 and the lowest priced Palos Verdes home sale in the Valmonte neighborhood was $1,250,000.Currently, the Valmonte neighborhood has 11 Palos Verdes homes for sale.  There are 11 single family homes for sale ranging in price from $1,195,000 for a 3 bedroom/2 bath, 1,300 square foot home, to...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the August 27, 2019 Palos Verdes real estate Broker’s Tour (19 homes had open houses today) are described below.  We currently have 241 single family Palos Verdes homes for sale ranging in price from $1,049,000 in Rancho Palos Verdes (The low in Eastview is $845,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 44 Palos Verdes condos/townhomes for sale priced between $373,000 and $2,345,000.  My favorite Palos Verdes homes today:     Charles Raine (RE/MAX Estate Properties) & Bill Ruth’s (Keller Williams Palos Verdes) 12 Georgeff Road, Rolling Hills, 90274 (above left) is a 5 bedroom, 5 bath, 4,136 square foot home for $3,250,000.  This fabulous one level Rolling Hills home features coastline/city/mountain views, 5 bedrooms w/baths, de...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners have a wonderful opportunity to sign up their children for the Palos Verdes Youth Basketball League which was founded last year by three dads who have significant experience coaching, organizing, and refereeing youth sports.  They had experienced the pros and cons in other team sports and firmly believed that youth sports are best when it truly is all about the kids.  They wanted to offer an opportunity to try something new, make friends, and experience positive coaching while teaching the fundamentals of balanced competition, losing with grace, and winning with great sportsmanship.The mission of the league is to develop age-appropriate basketball skills and build individual confidence in the sport.  After consultation with coaching professionals, they determin...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Each Fall, the Palos Verdes Library District’s Annual Community Art Show invites both professional and amateur local artists to participate.  Artists of all ages within the community can exhibit their work throughout the entire library creating a heavily trafficked accessible platform.  The exhibit and its opening reception is highly anticipated by the patrons and artists, allowing them to connect in a fun and welcoming atmosphere.  Applications for the 2019 series opens on September 1, 2019, and are accepted through September 30, 2019.The 2019 Community Art Show Calendar schedule is:September 1, 2019 – Applications openSeptember 30, 2019- Applications are dueOctober 14, 2019 – Artists are notified if their pieces have been selected for the showOctober 15 – 30th, 2019 – Drop off art wor...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2019 decreased to 10 single family homes sold in 2019 compared to 12 in 2018.  Price per square foot for Malaga Cove houses that sold in the first half of 2019 increased to $891 from $862 in 2018, a 3.3% increase.  Average sales price for Malaga Cove homes sold in the first half of 2019 increased to $3,872,200 in 2019 compared to $3,200,510 in 2018.  The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $14,100,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $1,525,000.Currently, the Malaga Cove neighborhood has 25 Palos Verdes homes for sale.  There are 25 single family homes for sale ranging in price from $1,475,000 for a 3 bedroom/2 bath, 1,763 s...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners have a great opportunity to run/walk on the Vincent Thomas Bridge this coming Labor Day for a 5.3 mile celebration.  This race is part of the 2019 L.A. Fleet Week events at the Port of Los Angeles.  The race attracts thousands of runners every year who want to be “on foot” atop of this iconic 1963 green suspension bridge.  Participants are encouraged to register in advance on Active.com (go to Conquer the Bridge) and pay just $55 until September 1st, 2019, or $65 the day of the race (by cash or check).  Road Runner Sports, located at 25359 Crenshaw Blvd, Torrance, will host a three day pre-race pickup from 10:30 a.m. to 6:00 p.m. on Friday, August 30, and 10:00 a.m. to 6:00 p.m. on Saturday, August 31, and 10:00 a.m. to 5:00 p.m. on Sunday, September 1, 2019. ...
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