Thursday, October 23, 2014

Can I Afford a Home in Palos Verdes?

Have you ever admired an area and thought how absolutely wonderful life would be if only you could afford to live in the place of your dreams?  If Palos Verdes is on your dream list, don't discard that thought until you explore all the options.  I may not have the answer to your hopes and dreams, but I can answer your most common questions regarding the cost of a home in Palos Verdes.

How many homes are for sale in Palos Verdes?  There are currently 189 single family homes for sale in the four cities on the Palos Verdes Peninsula.

How many Palos Verdes homes are for sale priced under $1,000,000?  We have 20 single family homes on the market priced below $1,000,000.  The least expensive is $648,000 for a 3-bedroom, 1.5 bath home in the Eastview neighborhood of Rancho Palos Verdes.

What can I expect to purchase for $1,500,000?  The MLS inventory presently shows 88 homes for sale in the $1,000,000 to $2,000,000 price range.  Nine of those properties fall within $50,000 of $1,500,000.  The homes range in style from character home in Valmonte to a contemporary in Montemalaga both in Palos Verdes Estates.  Homes in that prices range may be found in Rolling Hills Estates and Rancho Palos Verdes as well.  Rolling Hills entry prices are closer to the $2,000,000 price tag in most instances.

How much does a Palos Verdes luxury home cost? The $2,000,000 to $5,000,000 price range lifts buyers into the luxury home category on the Palos Verdes Peninsula.  There are 57 single family homes for sale in this price range, and it is the most popular price range for luxury homes in PV.

That leaves 24 Palos Verdes homes currently for sale priced over $5,000,000.  Nine of those properties are located in Palos Verdes Estates, eight in Rancho Palos Verdes and seven in Rolling Hills.

Although housing in Palos Verdes is overwhelming geared toward single family residences, there are condo and townhouse options as well.  There are currently 37 condos and 14 townhouses for sale on the Palos Verdes Peninsula.

For more information about homes on the Palos Verdes Peninsula contact Charlemagne Int'l Properties at 310.493.8333 or email us at

Palos Verdes Homes & Condos Priced Under $1M:

Palos Verdes Homes Priced From $1M to $1.5M:
Palos Verdes Homes Priced From $1.5M to $2M:
Palos Verdes Homes Priced From $2M to $5M:

Palos Verdes Homes Priced Over $5M: