The Palos Verdes Art Center will be presenting it’s 32nd Homes Tour, Legends By The Sea: A Tale of Three Homes, on Friday, April 20, and Saturday, April 21, 2018, from 10:00 a.m. to 4:00 p.m. The Tour will feature three homes that have a mix of designs with a classic Italian villa built in 1916, a mid-century oceanfront hideaway, and a bold 21st century contemporary.This is a great way to spend the day. You will be able to relax in the seaside atmosphere while touring, then enjoy a delicious luncheon from 11 a.m. – 3 p.m. During the afternoon you will also have the opportunity to do a little shopping at the Collected Treasures shop, designer boutiques and enjoy original art pieces by local and PVAC Studio artists.Pictured above is the serene and dramatic 21st century contemporary, locat... 03/07/2018

Palos Verdes closed sales for the month of January were 41 a 5.1% change from 2017. This number represents all 17 neighborhoods on the peninsula. Lunada Bay/Margate & Palos Verdes Drive East both showed the highest number of closed sales for the month (5). Last years January sales 2017, showed 6 for Lunada Bay and 3 for Palos Verdes Drive East.The average sale price for January sales was $1,734,679 which was down from 2017 by -4.5%. The average square foot home was 2,733. The highest priced home that sold in January was $5,000,000 and the lowest home price sold was $700,000. The average square foot price for January sales was $509 compared to $493 in 2017. The medium sales price for January 2018 was $1,450,000, and $1,531,000 for Jauary 2017.Currently, there are 144 homes for sale here ... 03/05/2018

My favorite Palos Verdes Homes on the February 20, 2018, Palos Verdes real estate Broker’s Tour (16 homes had open houses today) are described below.  We currently have 134 single family Palos Verdes homes for sale ranging in price from $1,199,999 in Rancho Palos Verdes (The low in Eastview is $849,000) to $40,000,000 in the City of Rolling Hills.  There are 19 Palos Verdes condos/townhomes for sale priced between $439,000 and $1,995,000.  My favorite Palos Verdes homes today are:       Cindy Chang’s (Home Team Realty) 1629 Via Margarita, Palos Verdes Estates 90274 (above left) is a 4 bedroom, 4 bath, 4,348 square foot home for $3,799,000.  This immaculate Tuscany inspired Monte Malaga home features a fully equipped gourmet kitchen, home office, wine tasting room, all on almost 1/2 acre... 03/02/2018

The City of Rancho Palos Verdes will be sponsoring the Egg Hunt Eggstravaganza at Ladera Linda Community Center.   At this popular event, children from 1 to 8 years of age can join Mr. Rabbit and find Easter eggs to fill their basket.  This event will be held on Saturday, March 31, 2018, from 10:00 a.m. to 11:30 a.m.   The fee is $15 per child and there will be a limited number of participants.  Online registration is taking place right now, and remember this event does fill up so make sure you register ahead of time by going to apm.activecommunities.com/rpv or call (310) 544-5260 and get your name on the list.  The last day to register online is March 26, 2018, only if space permits.  Remember to bring your Easter basket, and of course your camera because there will be lots of photo op... 03/02/2018

Palos Verdes homes owners have great opportunities for children to engage in activities here on the peninsula. Whether you have pre-school, elementary or high school age child there is something for everyone.Boys and girls have many choices in sports and the arts here in the area. There is soccer, skating, horse back riding, tennis, cooking, art & dance here on the peninsula. Camps and classes of all different types are available. Spring and summer camps offer a great opportunity for school age children to participate in new activities.Some of the opportunities for these programs are: AYSO Region 10 soccer club, Palos Verdes Tennis Club, Palos Verdes Beach & Athletic Club, Palos Verdes Library District, Palos Verdes Stables and Palos Verdes Art Center. If they are interested in dance or... 02/28/2018

2017 Palos Verdes homes sales for Lunada Bay/Margate neighborhood decreased to 71 single family homes sold compared to 73 in 2016.  Price per square foot for Lunada Bay/Margate houses that sold in 2017 increased to $714 compared from $687 in 2016, a 3.9% increase.  Average sales price for Lunada Bay/Margate homes sold in 2017 was $2,278,270 compared to $2,047,475 in 2016.  The most expensive home sold for $13,840,000 and the lowest priced home sold for $1,071,500.Currently, Lunada Bay/Margate has 10 active Palos Verdes homes for sale. There are 10 single family homes ranging in price from $1,345,000 for a 3 bedroom/2 bath, 1,631 square foot home, to $7,994,000 for a 6 bedroom/8 bath, 10,297 square foot home.  There are no condo/townhomes for sale at this time.For background and history ... 02/27/2018

Palos Verdes Stables is a full service facility conveniently located in the heart of Palos Verdes Estates. Established in 1926 it is home to over 87 privately owned horses, plus provides immediate access to miles of public trails. So whether you’re looking to improve your riding skills or simply want to board your horse this is a great location. They have riding and training for all age groups and levels. Camps are available throughout the summer, and sign ups have already started.The stable is open to the public and is located at 4057 Via Opata Palos Verdes Estates California 90274. You can read more about the stables by going to their website at https://www.palosverdesstables.com.Peter Weber Equestrian Center is located in Rolling Hills Estates and has access to 90 miles of of beautif... 02/26/2018

Interest rates for buying a home on the Palos Verdes Peninsula moved higher this week but the rate of increases is slowing. The following are excerpts from the newsletter on interest rates published by HSH Associates :"The 2018 uptrend for mortgage rates continues again this week, but for now at least, the rise in rates appears to be petering out. Freddie Mac's report of a two basis point increase for the weeks was about half of our expectation, and we might have even achieved stability is not for the minutes of the last Federal Reserve FOMC meeting.On Wednesday, the text of the discussion from the January 30-31 meeting revealed a greater level of optimism among Fed members that economic growth and inflation will both be on the increase in 2018. In light of a current strengthening of ec... 02/24/2018

My favorite Palos Verdes Homes on the February 13, 2018, Palos Verdes real estate Broker’s Tour (27 homes had open houses today) are described below.  We currently have 126 single family Palos Verdes homes for sale ranging in price from $1,195,000 in Rancho Palos Verdes (The low in Eastview is $849,000) to $40,000,000 in the City of Rolling Hills.  There are 12 Palos Verdes condos/townhomes for sale priced between $459,800 and $1,589,000.  My favorite Palos Verdes homes today are:       Steven Watts’ (RE/MAX Estate Properties) 35 Via Del Cielo, Rancho Palos Verdes 90275 (above left) is a 6 bedroom, 8 bath, 7,220 square foot home for $6,598,000.  This gorgeous bluff Oceanfront Estates home features unobstructed ocean views for miles, gourmet kitchen, maid’s quarters, electrical car charg... 02/21/2018

Palos Verdes homes owners have an opportunity for some outdoor fun while enjoying a walk/run for a good cause.  The annual Spring Into Fitness 5k Walk/Run will take place on Saturday, March 17, 2018, at South Coast Botanic Garden.  This is a great event to support the renovations of Torrance Memorial ‘s Pediatric Unit and Neonatal Intensive Care Unit.  The TMMC center is a nonprofit community hospital that has gone through major renovations in the past few years and this next transformation will take place in the original hospital.  The Luminaries and NOVA’s of the hospital are committed to raising funds for this next phase and proceeds will help update the hospital unit for premature infants and sick children.The race will take place on Saturday, March 17, 2018, with registration begin... 02/21/2018

Palos Verdes residents have the great advantage of watching whales right here from the peninsula. Whale watching is a popular event to this area since whales are migrating at this time down to Mexico, and pass right here off our coast. The Point Vicente Interpretive Center welcomes visitors to this premier whale watching site for viewing where volunteers keep daily count of their sightings starting on December 1st through April.The annual “Whale of a Day” festival takes place this year on Saturday, March 10, 2018, from 10:00 a.m. to 4:00 p.m. This fun event celebrates the migration of the Pacific Gray Whale from its summer feeding grounds in the Bering and Chuchki Seas in Alaska, to the winter breeding and calving grounds in Baja California. This event is free to the public and is spons... 02/21/2018

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 abo... 02/19/2018

The Cherry Blossoms are starting to bloom and the Cherry Blossom Festival will be coming soon forPalos Verdes homes owners to see these beautiful blossoms at the South Coast Botanic Garden.  Since they have a short blooming season, many believe Cherry Blossoms symbolize the fleeting beauty of life.  Cherry Blossoms are the symbolic national flower of Japan and are said to be an omen of good fortune and an emblem of love and affection.  This is the closest location for us to see the beauty and color of these trees and this yearly event reminds us that Spring is just around the corner.On Saturday, March 3, 2018, from  11:00 a.m. to 4:00 p.m., bring a picnic or purchase a bento (lunch) box (that will be for sale by Okamoto Kitchen Food Truck) and enjoy the live performances that will take ... 02/16/2018

The mission of the Peninsula Friends of the Library is to raise funds to support the Palos Verdes Library District and to build community awareness and enthusiasm for PVLD services, programs and needs. This is an all volunteer organization, which started in 1961 to enhance our libraries services and programs, and currently provides 5% ($400,000) of the library’s budget and has over 800 friends to ensure the library district can continue it’s vital programs and services. These funds support many of the libraries program including:Sunday hours at the Peninsula Center Library which allows local students to use the facility.Summer Reading Program which benefits all age groups, especially young children.Internet and Wi-Fi access at all three libraries.Library newsletters & Story time program... 02/16/2018

My favorite Palos Verdes Homes on the February 6, 2018, Palos Verdes real estate Broker’s Tour (22 homes had open houses today) are described below.  We currently have 114 single family Palos Verdes homes for sale ranging in price from $1,095,000 in Rancho Palos Verdes (The low in Eastview is $855,000) to $40,000,000 in the City of Rolling Hills.  There are 18 Palos Verdes condos/townhomes for sale priced between $395,000 and $1,825,000.  My favorite Palos Verdes homes today are:         Patty Quinn’s (Premiere Properties) 1109 Palos Verdes Drive, Palos Verdes Estates 90274 (above left) is a 3 bedroom, 3 bath, 3,650 square foot home for $6,890,000.  This ocean front Malaga Covehome features panoramic coastline/water views, gourmet kitchen, wine cellar and outside entertainment areas w/... 02/15/2018

The Whale Of A Day 2018 festival will be held on Saturday, March 10, 2018, from 10:00 a.m. to 4:00 p.m.  This is a great opportunity for Palos Verdes homes owners and their neighbors throughout the South Bay to celebrate these monumental marine mammals.  This annual event is co-sponsored by the City of Rancho Palos Verdes and the docents of Los Serenos de Point Vicente.  This festival celebrates the migration of the Pacific Gray Whale from its summer feeding grounds in the Bering and Chukchi Seas in Alaska to its winter breeding and calving grounds in Baja.  As of today the season count from the Point Vicente Interpretive Center is 470 whale sightings.  If you are looking for a great adventure for the whole family, stop by the Point Vicente Interpretive Center and participate in the fr... 02/13/2018

In my January 11, 2018, article, I discussed the overall sales numbers for single family Palos Verdes homes sold in 2017 with an increase in the median sales price (4.3%), price per square foot (4.3%), average sales price (3.6%), and a decrease in the number of homes sold  (1.2%).  Inventory of Palos Verdes homes for sale was low again last year and multiple offers were common as buyers sought to purchase Palos Verdes homes.  Below is information on specific Palos Verdes neighborhoods.  The chart above can be enlarged by clicking on it or go to the “Statistics” tab above.Mira Catalina posted the largest gain in average sales price – $1,898,030 for 2017 compared to $1,309,130 in 2016; Monte Malaga was second with an average sales price of $2,868,976 in 2017 compared to $2,383,167 in 2016... 02/12/2018

My favorite Palos Verdes Homes on the January 30, 2018, Palos Verdes real estate Broker’s Tour (19 homes had open houses today) are described below.  We currently have 109 single family Palos Verdes homes for sale ranging in price from $1,175,000 in Rancho Palos Verdes (The low in Eastview is $855,000) to $40,000,000 in the City of Rolling Hills.  There are 16 Palos Verdes condos/townhomes for sale priced between $285,000 and $1,825,000.  My favorite Palos Verdes homes today are:         Natsuko Fujii (RE/MAX Estate Properties) & Stephen Haw’s (Keller Williams PV) 5 Chuckwagon Road, Rolling Hills 90274 (above left) is a 5 bedroom, 6 bath, 5,571 square foot home for $3,495,000.  This beautiful French Country Rolling Hills home features great city light views, a French kitchen, library/of... 02/08/2018

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... 02/07/2018

Palos Verdes homes owners whose high school students are interested in joining a wonderful volunteer program, can check out the Junior Docent Program for one of the largest community service programs in the area.The Los Serenos de Point Vicente Junior docent program is open to Peninsula, Palos Verdes and Chadwick high school students.  The program was implemented to help support the educational and support activities of Los Serenos which include greeting visitors at the Point Vicente Interpretive Center, guide museum tours, lead public hikes, whale wagon duty, and special events.  High school students participating in these community service opportunities learn about protecting our natural environment while experiencing giving to our local area.The program includes an average of three h... 02/06/2018