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Palos Verdes Peninsula, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners can join the fifth annual 5K trail run/walk fundraiser at Ernie Howlett Park for the South Bay Children’s Health Center.  This fun event will take place on Saturday, June 23, 2018, beginning at 8:30 a.m.  This is a great opportunity to get out and enjoy this great park while supporting the health center.There is an exciting new 5K trail run/walk course on the beautiful city equestrian and hiking trails.  There will be age division awards with medals to the top three male and female athletes in 15 different divisions of the 5K.  The day will be filled with family activities for children of all ages, vendor booths, a Kids Fun Run and a wonderful, healthy team spirit.  Parents will be able to accompany small children at no cost.The cost for the walk/run 5K for chi...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Interest rates for buying a home on the Palos Verdes Peninsula stayed steady this week but the rate of increases is slowing and may decline slightly next week. The following are excerpts from the newsletter on interest rates published by HSH Associates :"Mortgage rates rising in the 15 of the last 18 weeks coupled with steadily rising home prices are combining to make this a pretty quiet spring homebuying season. The average rate for the benchmark 30-year FRM edged higher again this week and has now risen by three quarters of a percentage point since last Thanksgiving.As you might expect, this has literally crushed refinancing activity; according to the Mortgage Bankers Association, applications to refinance a mortgage have fallen to an 18-year low. However, given pretty solid economic ...
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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.  The theme this year, “Reading Takes Us Everywhere” reminds children and parents that reading opens up the world to us all!  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 on June 4, 2018, so either go online to sign up, or you can sign up at the Library.This year they are kicking off the summer with a special event on ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the May 15, 2018, Palos Verdes real estate Broker’s Tour (28 homes had open houses today) are described below.  We currently have 176 single family Palos Verdes homes for sale ranging in price from $1,095,000 in Rancho Palos Verdes (The low in Eastview is $750,000) to $40,000,000 in the City of Rolling Hills.  There are 35 Palos Verdes condos/townhomes for sale priced between $395,000 and $1,995,000.  My favorite Palos Verdes homes today are:         Steven Watts’ (RE/MAX Estate Properties) 52 Pacifica Del Mar, Rancho Palos Verdes, 90275 (above left) is a 4 bedroom, 5 bath, 4,320 square foot home for $4,295,000.  This exceptional Oceanfront Estates “model” home features spectacular ocean views, gourmet kitchen, 250 square foot casita, office, and resor...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes Neighborhood Church Summer Sunday Sounds will begin their 2018 season on Sunday, June 24, 2018, with additional concerts on July 25 and August 19, 2018.  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 June 24, 2018, Kent Jenkins, AKA “Snubby J,” will be entertaining the crowd.  Kent is a Los Angeles musician, creator and entertainer known for his performances with the RimbaTubes, a homemade PVC Pipe instrument that was built by his father and can put out incredible sounds.On July 25, 2018, Sarah Fantappie & Sam Sorensen will be performing.  Sarah is a recent gradu...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales April 2018 for Palos Verdes homes increased compared to March.  55 Palos Verdes houses sold in April compared to the 59 homes sold in March and increased compared to the 48 homes that sold in April 2017.  There were 83 Palos Verdes single family homes pending in April which increased from the 67 homes pending in March.  The number of active Palos Verdes homes for sale in April (163) increased from the 152 homes for sale in March. Average sales price for Palos Verdes homes sold in April increased to $1,800,000 from $1,774,000 in March and increased from the $1,789,000 in April 2017.  Price per square foot for Palos Verdes houses that sold/closed escrow in April increased to $621 from March ($614).  Average days on market in April decreased to 34 days from 5...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes Street Fair & Music Festival will be celebrating its 31st year for Palos Verdes homes owners to enjoy on Saturday, June 9, and Sunday, June 10, 2018.  As in past years, the Fair will have its “Friday Teen Fun Night” opening the carnival on Friday, June 8th, from 5:00 p.m. to 10:00 p.m. when local youth can enjoy a fun-filled night (with the purchase of discount tickets through their middle school or high school).  The Fair will have more than 200 arts and crafts booths, carnival rides for children of all ages, an International Food Court, a children’s petting zoo, free pony rides, train rides, and live entertainment on two stages.On the Main Stage, there will be continuous live entertainment starting each day at 11:00 a.m.  On Saturday, June 9, 2018, the performers are: Rip...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Palos Verdes residents know that the school year is winding down, and that means the Street Fair is Coming!The Fair will be celebrating its 31st year with more than 200 arts and crafts booths, carnival rides for children of all ages, an International Food Court, a children’s petting zoo, free pony rides, train rides, and live entertainment on two stages. The fair hours are: Saturday, June 9, from 10:00 a.m. to 10:00 p.m., and Sunday, June 10, 2018, from 10:00 a.m. to 9:00 p.m. As in past years, the Fair will have its “Friday Teen Fun Night” opening the carnival on Friday, June 8th, from 5:00 p.m. to 10:00 p.m., when local youth can enjoy a fun-filled night (with the purchase of discount tickets through their middle school or high school).On the Main Stage, there will be continuous live ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the May 8, 2018, Palos Verdes real estate Broker’s Tour (34 homes had open houses today) are described below.  We currently have 180 single family Palos Verdes homes for sale ranging in price from $1,050,000 in Rancho Palos Verdes (The low in Eastview is $750,000) to $40,000,000 in the City of Rolling Hills.  There are 33 Palos Verdes condos/townhomes for sale priced between $385,000 and $1,995,000.  My favorite Palos Verdes homes today are:      Art Avaness’ (REMAX Tri-City Realty) 63 Passeo Del La Luz, Rancho Palos Verdes, 90275 (above left) is a 5 bedroom, 7 bath, 8,034 square foot home for $5,980,000.  This luxurious Mediterranean Oceanfront Estates home features endless ocean/Catalina views, elevator, gourmet kitchen, library, theater room, 4-car g...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of June 2018, 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, nocturnal full moon walk and volunteer opportunities which are listed below. Special Events:  Bettolino Kitchen Giving Tuesdays in June for the Palos Verdes Peninsula Land Conservancy – Go Italian on Tuesdays and a percentage of the sales from your delicious meal will be donated to the Conservancy for protecting the Peninsula’s unique areas and restoring native vegetation where rare wildlife can thrive.  For dining reservations, please call (310) 375-0500.  Bettolino Kitchen is located at 211 Palos Verdes Boulevard, Redondo Beach. National Trails Day at Portuguese Bend Reserve, will take...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
I am proud to announce that I have been given the honor of “Agent of the Month” at the Malaga Cove office among all the seasoned and professional agents. I owe this accomplishment to my loyal clients who have given me the opportunity to work with them throughout the years.
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners once again have the opportunity to give their children an indoor activity this summer at the Palos Verdes Bowl.  This is a great opportunity for your children to enjoy summer with friends and family while getting some exercise at the same time.  This is one activity that won’t break the wallet either, since it is free and fun for everyone starting with bumper bowling lanes for younger children and cosmic bowling for teens.They are offering two free bowling games daily to children throughout the summer beginning June 1, 2018, and continuing through September 30, 2018.  This summer bowling special is being offered Monday through Sunday from 9:00 a.m. to 4:30 p.m.  Registration is now open to sign up for free bowling, so go to www.kidsbowlfree.com/PalosVerdes to r...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2017 Palos Verdes homes sales for the Mira Catalina neighborhood increased to 30 single family homes sold compared to 28 in 2016.   Price per square foot for Mira Catalina houses that sold in the first half of 2017 increased to $780 compared to $536 in 2016 a 45.6% increase.  Average sale price for Mira Catalina homes sold in 2017 was $1,898,030 compared to $1,309,130 in 2016.  The most expensive home sold for $12,000,000 and the lowest priced home sold for $976,899. Currently, Mira Catalina has 1 active Palos Verdes home for sale.  There is 1 single family home priced at $1,750,000 for a  3 bedroom/3 bath, 3,335 square foot home.  There are no condo/townhomes for sale in this area. For background and history on Mira Catalina Listing Area 168, please click here to read my prior article...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners will enjoy the Golden Jubilee celebration of the annual Palos Verdes Antiques Show & Sale at St. Francis Episcopal Church.  The antique show will run from Thursday, May 31, through Saturday, June 2, 2018.  You can wander through various antiques booths, vintage & decorative arts, the Harvest cupboard & the Garden Gazebo to find one of a kind special items.  There will also be several food concessions to enjoy – a patio luncheon, English afternoon tea or evening wine & cheese.If you would like to attend the Opening Night Celebration that takes place on Wednesday, May 30, 2018, from 6:00 to 9:00 p.m.   There is a presale, $25 Donation, or at the door there will be a $40 donation.At the Antique Show itself, there is a $10 donation at the door and that does not inc...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Palos Verdes Estates will be offering their Bulky Trash Pick Up tomorrow and it has expanded this year to provide E-Waste pick up.This popular curbside event is scheduled for this Saturday, May 12, 2018, and Palos Verdes homes owners can have large items removed from their property if left curbside for pickup. The next event of this time will be scheduled in the third quarter.The City’s waste hauler will pick up furniture, appliances, water heaters, refrigerators (compressors removed), stoves, sinks, lawn furniture and more. They will not pick up construction waste, green waste, automotive fluids, pool chemicals and cleaning products. However, you may contact Athens Service directly if you have construction waste that you need to have removed at any time by ordering a temporary debris c...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the May 1, 2018, Palos Verdes real estate Broker’s Tour (28 homes had open houses today) are described below.  We currently have 175 single family Palos Verdes homes for sale ranging in price from $989,000 in Rancho Palos Verdes (The low in Eastview is $750,000) to $40,000,000 in the City of Rolling Hills.  There are 25 Palos Verdes condos/townhomes for sale priced between $459,800 and $1,995,000.  My favorite Palos Verdes homes today are:       Patricia Sullivan’s (Vista Sotheby’s Int’l Realty) 6106 Via Subida, Rancho Palos Verdes, 90275 (above left) is a 5 bedroom, 6 bath, 4,436 square foot home for $3,200,000.  This tranquil gated Palos Verdes Drive East home features panoramic ocean views, subterranean wine cellar, spacious office, fabulous outside ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
 2017 Palos Verdes homes sales for the Palos Verdes Drive East neighborhood increased to 63 single family homes sold compared to 54 in 2016.   Price per square foot for Palos Verdes Drive East houses that sold in the first half of 2017 stayed the same at $531 for both 2017 and 2016.  Average sale price for Palos Verdes Drive East homes sold in 2017 was $1,519,122 compared to $1,321,970 in 2016.  The most expensive home sold for $3,850,000 and the lowest priced home sold for $830,000. Currently, Palos Verdes Drive East has 14 active Palos Verdes homes for sale.  There are 14 single family homes ranging in price from $1,100,000 for a 4 bedroom/3 bath, 2,308 square foot home, to $4,120,000 for a 7 bedroom/7 bath, 6,000 square foot home.  There are no condo/townhomes for sale in this area. ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners have a great opportunity to take their children to the National Celebration of Parks on Saturday, May 19, 2018.  This special Kids To Parks Day is a reminder of the importance that nature and playing in the great outdoors are for our children.  To celebrate this special day, two local parks have planned great activities for families to enjoy.The Point Vicente Interpretive Center will be celebrating their third Annual Kids To Parks Day from 10:00 a.m. to 12:00 noon.  This event will take place at the Interpretive Center and will feature a puppet show hosted by the Los Serenos de Point Vicente volunteers.  They will also have sea themed crafts, games, and more for the whole family.  You will also be able to tour the museum, and take a relaxing walk by the sea.  T...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
The Palos Verdes Peninsula has a wonderful soccer program through AYSO that offers boys and girls the opportunity to play soccer throughout the year. The Palos Verdes Region 10 of the American Youth Soccer Organization (AYSO) offers year round recreational and competitive youth soccer programs locally for four year olds (U5 division) all the way up to 19 year olds (U19). The age of your child in 2019 will determine their fall division.The online registration for the Fall soccer season is available. You must go to the registration website at http://ayso.bluesombrero.com/region10 and create an account (for your child). If your child played last year just enter the same AYSO ID. All returning players in divisions U5 – U9 will need to register online, print the form and bring it to the walk...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 19 days of April 2018 are 38 homes which is an increase from the 23 Palos Verdes homes sold in the first 19 days of March and an increase from first 19 days of April 2017 (28).  (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 April 1st to date is $1,783,457 which is an increase from last month’s average of $1,680,682 for this same time period and an increase from $1,700,906 last April. In April 2018 to date, the highest priced Palos Verdes home sold for $2,925,000 and is located in the Vantage Pointe neighborhood of Rolling Hills Estates and has 5 bedrooms, 7 baths and 5,772 square feet on a 17,415 square foot lot.  ...
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