Palos Verdes Neighborhoods Sales 2017

Palos Verdes Neighborhoods Sales 2017

Wolf connect year end 2017

Palos Verdes home sales for the year 2017 were 684, a slight decrease from the 692 homes that sold in 2016. The Lunada Bay/Margate area posted the highest number of homes sold in 2017. They had 71 sales, down from the 73 that were sold in 2016. The area of Monte Malaga had the highest gain in their home sales with 42 in 2017 and only 27 in 2016. Valmonte showed greater home sales with 52 sold in 2017, up from the 39 homes that sold in 2016, and Palos Verde Drive East showed 63 homes sold in 2017 and only 54 in 2016. The areas of Mira Catalina, Country Club, Peninsula Center and Silver Spur showed some gains in the number of homes sales, while Los Verdes showed the same 52 for both years. All of the other neighborhoods had a decrease in their sale numbers from the year 2016.

The chart above is courtesy of RE/MAX Estate Properties. For a larger view just click on it.


If you have any questions about the Palos Verdes real estate market, or if you are interested in selling or purchasing residential or commercial property please feel free to contact me.

South Bay Fourth Quarter Sales Summary

South Bay Fourth Quarter Sales Summary

2017 4th qtr summary - remax_002

South Bay real estate sales for the fourth quarter showed great closing numbers for the many cities. El Segundo showed 38 closed sales, Gardena showed 122, Hawthorne showed 101, Hermosa Beach showed 51, Lawndale showed 42, Lomita showed 34, Manhattan Beach showed 89, Redondo Beach showed 188 and Torrance showed 259 closed sales.

To read more about the comparisons between October 2016 to December 2017, or for the average price per foot, number of homes for sale in this quarter, pending sales or days on market, go to the RE/MAX Market Intelligence Report listed below.

For more information on the RE/MAX South Bay Market Intelligence Report click here.

If you have any questions about the real estate market in this area, or if you are interested in selling or purchasing residential or commercial property please feel free to contact me.

Palos Verdes Market Data Fourth Quarter Report

Palos Verdes Market Data Fourth Quarter Report
2017 4th qtr summary - remax

RE/MAX Estate Properties Palos Verdes Market Report is out for the last quarter of the 2017 year. I will be discussing the results of the report within the next few days. The Market Data Report shows the number of single family residents properties that have sold and what the average price ranges are. Some of the information that we will be covering are the number of units sold, average square foot range, price range, average price comparisons (2016-2017) and average price per square foot.

During the last quarter of 2017 Palos Verdes had 183 closed transactions, San Pedro had 154 and Harbor City had 52.

Currently, there are 111 single family homes for sale on the Palos Verdes Peninsula, priced from $855,000 to $40,000,000. There are also 19 condo/townhomes for sale priced from $395,000 to $1,825,000.

The RE/MAX Palos Verdes & Harbor Area Summary 2017 can be accessed by clicking here.

If you have any questions about the real estate market, or if you are interested in selling or purchasing residential or commercial property please feel free to contact me.

New Multi-Unit Listing In Harbor City Only $998,800!

    New Multi-Unit Listing In Harbor City Only $998,800!
    257th Street

    I have a new listing at 1517 257th Street, Harbor City, that would be a great investment for multi unit owners. The property consists of four units with a front house and 3 units in back. It is well maintained with a newer roof, windows and flooring. Rents are currently under market. This would be an easy building to manage with a front house and 3 units in the back. There is a three car garage and there are 4 more parking spaces in the back.

    One of the two bedroom units is extra large and can be easily converted to a 3 bedroom unit.

    This is a great multi unit building, and will go fast. If you are interested in this great investment opportunity please give me a call at (310) 686-4688.

    Photo courtesy of the CRMLS.

Palos Verdes Market Data Report for 2017

RE/MAX Estate Properties Palos Verdes Market Report is out for the year 2017, and we will be discussing the results of the report within the next few days. The Market Data Report shows the number of single family residents properties that have sold and what the average price ranges are. Some of the information that we will be covering are the number of units sold, average square foot range, price range, average price comparisons (2016-2017) and average price per square foot.

The neighborhoods that we will be covering are: Lunada Bay/Margate, Monte Malaga, Malaga Cove, Valmonte, PV Drive North, Rolling Hills, PV Drive East, Mira Catalina, PV Drive South, West Palos Verdes, Country Club, La Cresta, Los Verdes, Crest, Peninsula Center, Silver Spur and Eastview/RPV.

If you have any questions about the real estate market, or if you are interested in selling or purchasing residential or commercial property please feel free to contact me.

Marketing Report -remax - fourth quarter 2017

Aboutpv – What Makes Palos Verdes Residents Love Their Neighborhoods?

Aboutpv – What Makes Palos Verdes Residents Love Their Neighborhoods?

house for sale

Palos Verdes residents all live in one of 17 different Multiple Listing Service real estate areas. After reading an article published by Trulia called “What will make you fall even deeper in love with your neighborhood”, I realized that all of these different areas have something unique or special about them that made them your choice. The article brought up the fact that when purchasing or leasing a new home, you have to remember that you are becoming part of that neighborhood, and although they are not always equal, you have to find the aspects of a prospective neighborhood that closely matches your daily needs.
Below is the list of common components that were mentioned:
1. Lifestyle match
2. Pride in ownership
3. Low Crime Rate
4. Great Schools
5. Outdoor activities abound
6. Stepping back in time.
7. Family friendly
8. Close to public transportation
9. Nearby shopping & restaurants
10. Nightlife and entertainment
11. Walking ability
As you can see from the above list, there are unique components listed that in your desired neighborhood. Whether it be the school system, horse property, hiking areas or just wanting to be in a safe neighborhood, I feel you can find it here.

If you have any questions about the real estate market, or if you are interested in selling or purchasing residential or commercial property please feel free to contact me.

Palos Verdes Residents Property Vesting Choices

Palos Verdes Residents Property Vesting Choices

Enrose - front

Palos Verdes buyers know to contact their attorneys or accountants when purchasing a home to inquire on how title should be held.  Each homeowner is different and First American Title wants to remind buyers that title to real property in California may be held by individuals, either in Sole Ownership or in Co-ownership. Co-ownership of real property occurs when title is held by two or more persons. there are several variation as to how title may be held in each type of ownership. I will break down the examples of each:

Sole Ownership – may be described as ownership by an individuals or other entity capable of acquiring title. 1.Such as a single man or woman, an unmarried man or woman,or a widow or widower. 2. A married man or woman as his or her sole and separate property. 3. A domestic partner as his of her sole and separate property.

Co-Ownership – title to property owned by two or more persons may be invested in the following forms: 1. Community Property , 2. Community Property with Right of Survivorship, 3. Joint Tenancy, 4. Tenancy in Common

Other ways of vesting title include: 1. Trustees of a Trust.

Photo courtesy of the Muliple Listing Service.

 

Beautiful Redondo Beach Townhome Coming Soon!

Beautiful Redondo Beach Townhome Coming Soon!

Marshallfield - front

Come see my beautiful new listing at 2209 Marshallfield Lane #A, in Redondo Beach. Going on the market today, this exclusive quality home built in 2002 by AGAR HOMES, has a floor plan that is simply one of a kind. It has 4 bedrooms, 4 baths, and 2,895 square feet, sits on a 5,996 square foot lot and is listed for sale at $1,098,800.

This gorgeous townhome features Alder wood cabinets, ground floor bedrooms, large master suite with vaulted ceilings, gas fireplace and walk-in closet. The gourmet kitchen has granite counter tops, center island and breakfast bar. There is a spacious living room with fireplace. It also has a 2 car attached garage.

This majestic home has tremendous curb appeal. Located in a prime Redondo Beach area, this home is designed as an entertaining masterpiece w/top quality material.

Please stop by my Broker’s Open House on Thursday, May 18, 2017, from 12:00 p.m.to 2:00 p.m.  You can also attend this weekend’s Open Houses on Saturday & Sunday, May 20 & 21, 2017, from 1:00 p.m.to 4:00 p.m.

To view my virtual tour show click here.

Beautiful Palos Verdes Townhome!

Beautiful Palos Verdes Townhome!

37 Oaktree Lane, RHE - View

Located in the City of Rolling Hills Estates, my new listing is a beautifully remodeled townhouse with over 2,184 square feet of living space for only $899,000. This lovely home features sparkling city lights views and is located in the popular 24 hour guard gated community of “The Terraces”. Close to award winning Ridgecrest Junior High School, Peninsula High School and Peninsula shopping centers it is located on a private & quiet cul de sac. Upgrades include remodeled kitchen with granite counters, stainless steel appliances. All three remodeled baths, wood floors throughout, smooth ceilings with recessed lighting, crown mouldings and more. Spacious wooden deck off dining and breakfast room overlooking tennis courts.HOA amenities include Pools, Spas, Tennis Courts, Club House and Greenbelt.  Tax record shows this the property as a 3 bedroom, but currently has 2 bedrooms and a den, with a spacious master bedroom that includes his & hers walk in closets & sitting area.Tastefully remodeled master bathroom with granite counters, and remodeled downstairs guest bathroom. New recessed lighting in kitchen & master bath. It also includes an entry hall chandelier, dining room chandelier and a replaced wooden pation deck and new roof.  All remodeling was done within the last 10 years.

For more information about this property please visit www.tubasellspv.com.