Blog

The inventory of unsold condos and townhomes on the Palos Verdes Peninsula of 38 units is down approx. 5% compared to this time a year ago. The average number of sales per month over the last 3 months of 11 units per month is up from a year ago, however has decreased to only 3 units sold in January. There are 15 units in escrow at the end of January, however. Click here for a current search for condos and townhomes available for purchase on the Palos Verdes Peninsula.. Make sure [...]

The number of properties listed for sale for the overall Palos Verdes Peninsula at the end of January of 122 properties is 23% greater than the same time last year. Single Family home sales for the overall Palos Verdes Peninsula Real Estate Market had been declining and the average number of homes sold per month of 48 over the last 3 months is about 9% lower than the comparable period last year. Pending sales in escrow have slowed down considerably as well, with only 37 homes in escrow at the end [...]

Interest rates for buying a home on the Palos Verdes Peninsula dipped again this week to their lowest levels in about two and a half months.The following are excerpts from the newsletter on interest rates published by HSH Associates : "The drumbeat of economic data has become more muted and flat over the last month or so. The latest batch out this week featured several important reports that revealed a more stumbling than steady gait for the economy, contrary to an expected quickening of pace. Concern about these changes and the [...]

The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 4th Quarter of 2013 : Properties Sold: 5 Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt. 4807 Browndeer LN $1,070,000 4 4.00 2,364 $452.62 1966 PV13161985 10/02/13 9 4726 Browndeer LN $1,125,000 4 3.00 2,189 $513.93 1966 PV13209044 11/21/13 36 4855 Elkridge DR $1,200,000 5 3.00 2,372 $505.90 1965 PV13214801 12/17/13 9 26717 Honey Creek RD $1,209,000 4 3.00 [...]

The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 4th Quarter of 2013 : Properties Sold: 16 Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt. 27153 Shorewood RD $820,000 3 2.00 1,488 $551.08 1958 PV13160896 10/31/13 56 26642 Indian Peak RD $825,000 4 2.00 1,682 $490.49 1957 SB13123768 11/18/13 145 5736 Ironwood ST $872,000 5 3.00 1,832 $475.98 1961 PV13218266 11/20/13 14 5536 Montemalaga [...]

The Crest area of Rancho Palos Verdes and Rolling Hills Estates( area 174 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2013 : Properties Sold: 6 Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt . MLS# Sold Date Days on Mkt. 28418 Meadowmist DR $1,075,000 5 4.00 2,366 $454.35 1968 PV13104360 10/04/13 106 6236 Scotmist DR $1,111,111 4 3.00 2,178 $510.15 1965 PV13177948 10/17/13 45 28827 Leah CR $1,218,888 4 3.00 2,432 $501.19 1970 SB13136118 11/19/13 82 29334 Stadia Hill [...]

The Country Club area of Rancho Palos Verdes (area 171 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2013 : Properties Sold: 7 Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt. 30019 Avenida Classica $1,065,750 4 3.00 2,494 $427.33 1967 S676690 12/30/13 270 30124 Avenida De Calma $1,180,000 5 3.00 3,002 $393.07 1966 PV13083014 10/18/13 166 30021 Avenida Esplendida $1,350,000 4 3.00 2,998 $450.30 1972 13716491 12/20/13 30 6837 Vallon DR $1,361,500 5 [...]

The Palos Verdes Dr. South area of Rancho Palos Verdes (area 169 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2013 : Properties Sold: 7 Address Price Bd Bth Sq ft $/Sq Yr. Blt. MLS# Date of Sale Days on Market 3943 Admirable DR $937,000 3 3.00 1,828 $512.58 1959 SB13116144 10/30/13 176 4207 Stalwart DR $959,000 3 3.00 3,061 $313.30 1960 SB13202980 12/06/13 33 4151 Maritime RD $1,071,000 2 2.00 1,200 $892.50 1954 SB13172757 10/08/13 39 6603 Channelview CT [...]

The Mira Catalina area of Rancho Palos Verdes ( area 168 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2013 : Properties Sold: 7 Address Price Bd Bth Sq ft $/Sq Yr. Blt. MLS# Date of Sale Days on Market 30714 Ganado DR $713,000 4 3.00 2,372 $300.59 1967 SB13235576 12/20/13 5 3256 Deluna DR $767,000 3 2.00 1,819 $421.66 1962 PV13182758 10/22/13 9 30865 Casilina DR $1,060,000 4 2.00 2,192 $483.58 1961 PV13166872 11/14/13 72 2828 Vista Mesa [...]

The West Palos Verdes area of Rancho Palos Verdes ( area 170 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2013 : Properties Sold: 7 Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt. 7265 Berry Hill DR $900,000 4 3.00 2,169 $414.94 1961 SB13154606 12/10/13 124 30011 Via Victoria $1,375,000 3 4.00 2,761 $498.01 1991 SB13088734 11/08/13 223 30502 Palos Verdes DR W $1,725,000 5 4.00 3,884 $444.13 1998 SB13166930 11/29/13 67 32 [...]

Interest rates for buying a home on the Palos Verdes Peninsula dipped slightly again this week.The following are excerpts from the newsletter on interest rates published by HSH Associates : "Modest to moderate economic growth in the U.S. has been the order of the day for a fairly long stretch. There have even been periods of acceleration, such as the GDP flare over four percent in the third quarter of 2013. The pretty steady pace for growth has even encouraged the Fed to begin to trim the extraordinary support provided by [...]

The City of Rolling Hills ( area 166 in map below ) had the following real estate market activity for single family residences during the 4th Quarter of 2013: Properties Sold: 5 ( Compared to 5 sales in the comparable quarter last year ). One property is in escrow at the end of December. Address Sales Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days to Sell 19 Chuckwagon RD $1,750,000 4 4.00 3,537 $494.77 1958 SB13180300 12/20/13 10923 Middleridge LN N $2,025,000 5 3.00 2,454 $825.18 1951 PV13204604 [...]

The earliest known inhabitants of the area now part of the City of Lomita were the Gabrielino Indians in a village they called Suangna, or "Place of the Rushes", near what is now the intersection of 230th Street and Utility Way in Carson. This land was originally a small part of the Spanish land grant called Rancho San Pedro, given to Juan Jose Dominguez in 1784. Jose Dolores Sepulveda had grazed cattle in the area below the Palos Verdes Peninsula since 1809, and had many on-going disputes with the Dominquez family [...]