Palos Verdes real estate was strong in 2018 with increases in average sales price, median sales price, and price per square foot! Median sales price in 2018 increased 7.2%. 2018 average sales price for Palos Verdes homes was $1,838,339 compared to $1,744,363 in 2017 – an increase of 5.4%. Average price per square foot for Palos Verdes homes sold in 2018 was $654 compared to $631 in 2018 – an increase of 3.6%. There were 52 less single family Palos Verdes homes sold in 2018 – 640 single family Palos Verdes homes sold in 2018 compared to 692 homes in 2017 – there has been a lack of inventory of Palos Verdes homes for the past few years. The mix of Palos Verdes homes sales for 2018 again showed less sales under $1,000,000. In 2018, 58 Palos Verdes homes sold for under $1,000,000 (co...
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