Real Estate Statistics
Average Price | $3.9M |
---|---|
Lowest Price | $850 |
Highest Price | $35M |
Total Listings | 79 |
Avg. Days On Market | 95 |
Avg. Price/SQFT | $855 |
Property Types (active listings)
View Palos Verdes Beach Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Palos Verdes Real Estate Listings Luxury Real Estate
Palos Verdes, CA.
Demographics : The average income in Santa Monica is roughly over $150K per year. 74% of the population is White, 15% Latinos, and 2.9% African American.
Weather : The high temperature is nearly 65°F year round, with a low-average temperature of 52°F.
Housing: 30,609 housing units are located within Palos Verdes, CA. 54% of homes are owner occupied, 46% are rentals.
Education: The Palos Verdes community, has one of the highest rated API scores in the country, highest average SAT's in the country, and highest percentage of completed AP courses by students in the country. Palos Verdes is in fact a leader and power house when it comes to education.
Why buy here? Home appreciation has increased significantly since 2006. The City of Palos Verdes has ranked amongst the top 81'st most expensive cities to live in the United States, and among the top 30 most wealthiest cities to live in Southern California.
Thinking of selling in this market? The reason why you want to sell here is perhaps the reason why you want to buy here? LOCATION, LOCATION, LOCATION. Big price jumps moves sellers to lever their positions and sell their assets, to reinvest into communities that will thrive more than certain luxury markets or into positions that include more cash flow with larger unit counts (multifamily) or perhaps selling to build two or three new luxury residential projects. Timing, and positioning is a large factor why wealthier clients can sell if they choose to. The average day for home sold has been less than 50 days since March, 2020. So converting assets to cash is rather quickly these days.
Palos Verdes is home to private equity executives, hedge fund managers, fund of fund managers, and world class athletes. Redondo Beach is a short drive to other South Bay Markets-such as Hermosa Beach, Manhattan Beach, Playa Vista, El Segundo, Torrance, Rancho Palos Verdes, easy access to Orange County, and West LA Neighborhoods. ,
What celebrities live in Palos Verdes? To name a few: Rod Stewart, Liza Minelli, George Takei, and Joe Montana.
Appreciation is key in this market. This is why you want to move here. You're investment will maintain its value during downtimes, and during non-recessionary periods the value will hold, maintain or increase.
Appreciation is key in this market. This is why you want to move here. You're investment will maintain its value during downtimes, and during non-recessionary periods the value will hold, maintain or increase.
Nearby Communities
View Redondo Beach Estates Real Estate Listings, Redondo Beach Luxury Real Estate, Luxury Redondo Beach

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