Thursday, October 3, 2013

Palos Verdes Luxury Home Market Report - October 2013


The government may be shut down, but real estate offices are open for business as usual. :) Come on, congressmen, get in there and do your job to keep the economy humming along.

The Palos Verdes luxury home market slowed a bit during September but six homes on the Palos Verdes Peninsula priced over $2,000,000 sold during the month of September 2013. There are currently eight homes in the luxury price range in escrow and 66 Palos Verdes luxury homes for sale.

Here is the breakdown of luxury home market activity by location:

Rancho Palos Verdes: Active: 27 Luxury homes for sale. Pending Sales: Three Rancho Palos Verdes luxury homes are in escrow with accepted offers. Sold: One luxury home in Rancho Palos Veres sold during the month of September 2013.  

Palos Verdes Estates: Active Listings: 21 Luxury homes are for sale in PVE. Pending Sales: One luxury home is in escrow with an accepted offer. Sold: Four Palos Verdes Estates luxury homes sold during September 2013.

Rolling Hills: Active Listings: 15 Rolling Hills luxury homes are currently for sale. Pending Sales: Two luxury homes are in escrow. Sold: No sales over $2,000,000 to report for September 2013.  

Rolling Hills Estates: Active Listings: Three Rolling Hills Estates luxury homes are listed for sale. Pending Sales: Two luxury homes are in escrow. Sold: One Rolling Hills Estates luxury home sold during September 2013.

- Norma (310) 493-8333

Palos Verdes homes for sale over $2 million: