The Palos Verdes luxury / high-end home market is alive and well in 2011. As of late July, 20 homes sold for $3,000,000 or more in three of the four cities on the Palos Verdes Peninsula this year. 
Palos Verdes Estates was at the top of the luxury home leaderboard in Palos Verdes with 11 homes sold. Prices ranged from $3,000,000 to $9,150,000.
The gated City of Rolling Hills claimed the next spot with 7 luxury homes sold in 2011. Prices ranged from $3,000,000 to $7,250,000.
Rancho Palos Verdes luxury home sales topped out at 2 year to date. With sales recorded at $3,200,000 and $4,999,000.
During the same time period in 2010 only 7 luxury homes in Palos Verdes sold for $3,000,000 or more.
If you're in the market for a luxury home in Palos Verdes there are still many to choose from--47 high-end homes are currently listed for sale.
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle- Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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