Palos Verdes Peninsula, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of August 2019, the Palos Verdes Peninsula Land Conservancy is offering outdoor hikes/activities for Palos Verdes home owners to enjoy including bird walks, nature walks with naturalists and volunteer opportunities which are listed below. Special Events:  Guided Nature Walk by Palos Verdes Peninsula Land Conservancy will take place at La Rotunda/South Shores on Saturday, August 10, 2019, at 9:00 a.m.  You will walk through impressively restored habitat on top of an ancient slide area with spectacular bluff-top views that are well worth the visit. This is considered a moderate walk.  Park on 25th Street near Catalina Vista and the mobile home park in San Pedro. Sign up at www.pvplc.org. Trail Crew Training with the Palos Verdes Peninsula Land Conservancy will take place ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2018 Palos Verdes homes sales for Eastview/RPV decreased to52 single family homes sold compared to 54 in 2017. Price per square foot for Eastview/RPV houses that sold in 2018 decreased to $519 compared from $527 in 2017, a 1.6% decrease.  Average sales price for Eastview/RPV homes sold in 2018 was $910,334 compared to $903,254 in 2017.  The most expensive home sold for $1,295,000 and the lowest priced home sold for $700,000. Currently, Eastview/RPV has 20 active Palos Verdes homes for sale.  There are 13 single family homes ranging in price from $822,500 for a 3 bedroom/3 bath,1,360 square foot home, to $1,100,000 for a 4 bedroom/2 bath, 1,790 square foot home.  There are 7 condo/townhomes for sale ranging in price from $465,000 for a 2 bedroom/2 bath, 1,455 square foot condo/townhome, ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the July 9, 2019 Palos Verdes real estate Broker’s Tour (35 homes had open houses today) are described below.  We currently have 263 single family Palos Verdes homes for sale ranging in price from $989,900 in Rancho Palos Verdes (The low in Eastview is $840,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 37 Palos Verdes condos/townhomes for sale priced between $399,000 and $2,345,000.  My favorite Palos Verdes homes today:     Greg Geilman & Rob Freedman’s (RE/MAX Estate Properties) 1540 Via Leon, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 4 bath, 4,295 square foot home for $2,399,000.  This gorgeous HGTV contemporary Lunada Bay remodel features sweeping panoramic ocean/Catalina views, lofty vaulted ceilings w/skylights...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
  Palos Verdes real estate sales June 2019 for Palos Verdes homes decreased compared to May.  61 Palos Verdes houses sold in June compared to the 65 homes sold in May and decreased from the the 82 homes that sold in June 2018.  There were 72 Palos Verdes single family homes pending in June which decreased from the 79 homes pending in May.  The number of active Palos Verdes homes for sale in June (258) increased from the 241 homes for sale in May. Average sales price for Palos Verdes homes sold in June decreased to $1,818,000 from $1,908,000 in May and decreased from the $2,025,000 in June 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in June decreased to $651 from May ($653).  Average days on market in June decreased to 35 days from 44 days in May.  Month...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes home owners are lucky that we have some of the cleanest beaches in California for our families to enjoy.  Earlier this month, Heal the Bay reported that Palos Verdes beaches and coves are again in the current top Honor Roll 2018-2019 list for California.  This means that our local waters have received grades of A & A+ during the summer dry part of the year.  Because of the wet weather this year, several of our beaches received B reports because of trail outlets, but once again year round wet weather averages went back up.  Heal the Bay assigns weekly grades to more than 500 sites along the West Coast for summer dry-weather water quality and to another 60 locations that are on year round monitoring.  Heal the Bay is a nonprofit environmental organization dedicated to making ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2018 Palos Verdes homes sales for Silver Spur increased to 62 single family homes sold compared to 58 in 2017. Price per square foot for Silver Spur houses that sold in 2018 increased to $681 compared from $637 in 2017, a 7.0% increase.  Average sales price for Silver Spur homes sold in 2018 was $1,255,779 compared to $1,140,044 in 2017.  The most expensive home sold for $3,580,000 and the lowest priced home sold for $850,000. Currently, Silver Spur has 10 active Palos Verdes homes for sale.  There are 10 single family homes ranging in price from $1,065,000 for a 3 bedroom/3 bath,1,318 square foot home, to $1,499,000 for a 4 bedroom/3 bath, 2,650 square foot home.  There are no condo/townhomes for sale in this area.  For background and history on Silver Spur Multiple Listing Area 176, ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners still have an opportunity to enroll their children in this great summer camp.  The Promenade Ice Chalet is offering a Summer Hockey Camp and Ice Skating Camp the week of July 29 through August 2, 2019.   Camps hours are from 8:00 a.m. to 2:45 p.m. and cost $395/week, or $85 a day.  Registration deadline for the camps is July 21, 2019.  This is a great opportunity for your children to participate in the hockey or ice skating experience during the summer when your children’s schedules aren’t so busy.Hockey camp players will be separated based on their skill level.  The first half of camp will be focusing on core practice and advanced skating technique.  The second half will target on puck control, stick handling, and passing & shooting drills.  This will introduc...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners know that summer is a great time to enjoy the outdoors with family.  The City of Rancho Palos Verdes has arranged for several free movie nights for families to experience at two different locations, and all you need to do is bring your low back chairs, blankets and warm clothing. The movies are as follows:The movie “Small Foot” will be presented on Saturday, July 20, 2019, at Rancho Palos Verdes City Hall/Point Vicente/Civic Center.  The children’s activities will begin at 6:30 p.m. and food trucks will be arriving and serving at 6:45 p.m.  The movie is scheduled to start at 8:15 p.m.  This event is free and food can be purchased from the food trucks.The movie “Hotel Transylvania 3” will be presented on Saturday, August 17, 2019, at Rancho Palos Verdes City Hal...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 20 days of June 2019 are 39 homes which is a decrease from the 43 Palos Verdes homes sold in the first 20 days of May and a decrease from the first 20 days of June 2018 (52).  (It may take an additional week for some sales to post after the actual close of escrow).  The average sales price for single family Palos Verdes homes from June 1st to date is $1,980,146 which is a decrease from last month’s average of $2,010,442 for this same time period and a decrease from $2,045,810 last June. In June 2019 to date, the highest priced Palos Verdes home sold for $5,210,000 and is located in Lunada Bay neighborhood of Palos Verdes Estates and has 6 bedrooms, 9 baths and 7,188 square feet on a 20,771 square foot lot.  This expansive M...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
                          Palos Verdes Fourth of July Celebrations 2019 gives Palos Verdes homes owners three different kind of festivities to enjoy during the holiday.  hours.  One will take place at Malaga Cove School, the second will take place at Point Vicente Park Community Center and a third will take place at Terranea Resort – each one giving residents a day of fun.Palos Verdes Estates homes owners will be holding their 58th Annual Independence Day Celebration at Malaga Cove School.  The celebration is an annual community tradition where volunteers work together to provide a day of family fun and a renewed sense of appreciation for our independence and freedom.  This year’s Kenneth T. Norris Heritage of Freedom Award recipient is Gwynne Shotwell, President & COO of SPAXEX.  Other...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2018 Palos Verdes homes sales for Peninsula Center stayed the same at 26 single family homes sold in both 2018 and 2017.  Price per square foot for Peninsula Center houses that sold in 2018 increased to $600 compared from $597 in 2017, a 0.5% increase.  Average sales price for Peninsula Center homes sold in 2018 was $1,324,552 compared to $1,242,398 in 2017.  The most expensive home sold for $1,650,000 and the lowest priced home sold for $1,000,000. Currently, Peninsula Center has 6 active Palos Verdes homes for sale.  There are 6 single family homes ranging in price from $1,250,000 for a 3 bedroom/3 bath,1,896 square foot home, to $1,650,000 for a 4 bedroom/3 bath, 2,237 square foot home.  Currently, there are no condo/townhomes for sale in this areas.  For background and history on Pe...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of July 2019, the Palos Verdes Peninsula Land Conservancy is offering outdoor hikes/activities for Palos Verdes home owners to enjoy including bird walks, nature walks with naturalists and volunteer opportunities which are listed below. Special Events:  El Segundo Blue Butterfly Guided Nature Walk by Palos Verdes Peninsula Land Conservancy will take place at Vicente Bluffs Reserve on Saturday, July 13, 2019, at 9:00 a.m.  You will follow the bluff top from Point Vicente to Oceanfront Estates during the El Segundo blue butterfly flight season, in an area containing restored coastal sage scrub habitat.  This is considered an easy walk.  Park in the dirt lot at Point Vicente in front of the Lighthouse at 31501 Palos Verdes Drive West, Rancho Palos Verdes.  Sign up at www....
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
We have another wonderful opportunity for Palos Verdes homes owners to relax and enjoy live outdoor entertainment here on our beautiful Palos Verdes Peninsula.  This is the 22nd year of Shakespeare By The Sea performances, and this year they will be presenting “The Comedy of Errors” and “Henry V.”  The Comedy of Errors is the story of two young visitors who arrive in the city unaware that their long-lost twins already live there.  Over the course of a single day, everything that can go wrong does go wrong: a marriage at breaking point, a missing gold chain, an unpaid debt, and a dubious arrest.  Henry V is Shakespeare’s most patriotic and inspiring play which tells of a young King Henry V who seeks to unite his beloved England.  After laying claim to French lands and being ridiculed, He...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales May 2019 for Palos Verdes homes increased compared to March.  63 Palos Verdes houses sold in May compared to the 48 homes sold in April and was exactly the same as the the 63 homes that sold in May 2018.  There were 81 Palos Verdes single family homes pending in May which increased from the 68 homes pending in April.  The number of active Palos Verdes homes for sale in May (241) increased from the 227 homes for sale in April. Average sales price for Palos Verdes homes sold in May increased to $1,930,000 from $1,888,000 in April and increased from the $1,924,000 in May 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in May decreased to $655 from April ($669).  Average days on market in May decreased to 42 days from 61 days in A...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The Palos Verdes Library District offers reading activities for children as young as 6 months through grade twelve.  Members may read any books and also try some reading activities that are fun, exciting, informative and funny.  Children can track their progress online or use classic paper reading logs.  Go to https://pvld.beanstack.org/reader365 to keep track of your children’s reading and help them earn cool prizes and online awards while they enjoy reading stories.  Registration is open now, and the program starts today, May 31, 2019.  You can either go online with the link below to sign up, or you can sign up at the Library.This year they are kicking off the summer with a special event today, Friday, May 31, 2019, from 6:00 – 8:00 p.m., at the Peninsula Center Library.  This will be...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
  Malaga Cove’s 2019 Summer Concert Series will begin on Wednesday, July 10, 2019, at Farnham Martin Park located next to the Malaga Cove Library in Palos Verdes Estates.  The concerts are held on Wednesdays at the new starting time of 6:30 p.m. and continue through August.  Thanks again to the Malaga Cove Business & Professionals Association and the Palos Verdes Police Association who sponsor these concerts for your summer entertainment.  You may bring your blankets at 3:00 p.m to save a spot, but remember that only small back chairs are allowed in the center areas. The list of the 2019 summer performers is as follows: July 10, 2019 – Electric Celtic Rock (Bad Haggis) July 17, 2019 – Peaceful Easy (Eagles Tribute Band) July 24, 2019 – Reggae Sounds (Island Rhythms) July 31, 2019 – Woo...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Lunada Bay Summer Concerts Series 2019, hosted by the Lunada Bay Homeowners Association take place at Lunada Bay Park in Palos Verdes Estates (except for the July 14, 2019, concert which will be presented at Palos Verdes High School quad because of its larger size).   This is a great opportunity for Palos Verdes homes owners to enjoy the summer weather, grab a picnic dinner, bring a low back beach chair or blanket, and enjoy some music outdoors with your neighbors.   This year’s series will welcome new local artists to the program, plus a variety of food and beverages will be available for purchase in support of LBHOA and the local businesses.  There will also be a “Kids Corner” with arts and crafts. The concerts start at 5:00 p.m., and will be held on the following Sundays: June 2, Ju...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes Neighborhood Church Summer Sunday Sounds have begun their 2019 season on Sunday, June 23, 2019, with additional concerts on July 21, and August 18, 2019.  This is a great time for Palos Verdes homes owners to sit on the seaside terrace of this beautiful church, enjoy the ocean view, and bring a picnic at 6:00 p.m.  The concerts actually begin at 7:00 p.m. in the Fellowship Hall and are presented free of charge. On July 21, 2019, Gravity 180 will be joining the concert series with their talented trio of very talented performers, Clydene Jackson, Oliver Brown, and Harold Payne. Clydene is well know in the industry as a session singer who has written for Natalie Cole & Barbara Mandrell.  Harold is a multi platinum award winning songwriter and performer with recordings of his ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2018 Palos Verdes homes sales for Los Verdes decreased to 40 single family homes sold compared to 52 in 2017.  Price per square foot for Los Verdes  houses that sold in 2018 increased to $629 compared from $615 in 2017, a 2.3% increase.  Average sales price for Los Verdes homes sold in 2018 was $1,307,702 compared to $1,288,604 in 2017.  The most expensive home sold for $1,900,000 and the lowest priced home sold for $925,000. Currently, Los Verdes has 5 active Palos Verdes homes for sale.  There are 5 single family homes ranging in price from $1,249,900 for a 5 bedroom/3 bath, 2,330 square foot home, to $1,535,000 for a 5 bedroom/3 bath, 2,658 square foot home.  There are no condo/townhomes for sale in this area. For background and history on Los Verdes Multiple Listing Area 173, please...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of June 2019, the Palos Verdes Peninsula Land Conservancy is offering outdoor hikes/activities for Palos Verdes home owners to enjoy including bird walks, nature walks with naturalists and volunteer opportunities which are listed below. Special Events:  Nature & Me Storytime will take place at George F Canyon Nature Center, on Friday, June 7, 2019, at 9:30 a.m.  Join the group for stories, songs, rhythm and rhymes.  Recommended for ages 2 to 6, but all ages are welcome.  No reservations are required, and it is free to the public.  The Nature Center is located at 27305 Palos Verdes Drive East, Rolling Hills Estates.  For more information, contact Marisa Perley at mperley@pvld.org or (310) 377-9584 x 238. Guided Nature Walk by Palos Verdes Peninsula Land Conservancy will...
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