Palos Verdes Estates, CA

Valmonte neighborhood real estate and home sales report for Palos Verdes Estates, CA in January 2010.

Active listings: 10 Homes are currently for sale in Valmonte priced from $840,000 to $2,799,900.

Pending sales: 10 Houses are in escrow priced from $849,000 to $2,075,000.

January sales: 3 Homes sold in the Valmonte area of PVE during January 2010:

• Via Pavion $830,500
• Palos Verdes Drive North $895,000
• Via Picaposte $1,780,000
  

All Valmonte, Palos Verdes Estates real estate and home sales reports.

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.

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Malaga Cove neighborhood real estate and home sales report for Palos Verdes Estates, CA in January 2010.

Active listings: 10 Homes are currently for sale priced from $1,060,000 to $9,995,000.

Pending listing: 5 Houses are in escrow in Malaga Cove priced from $1,525,000 to $3,690,000.

January sales: One home sold in January 2010:

• Via Arriba $2,125,000
  

All Malaga Cove, Palos Verdes Estates real estate and home sales reports.

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Property Blog - Palos Verdes Estates Homes
Palos Verdes Horse Property - Palos Verdes Listing Agent
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Ocean View Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes, CA Videos

Monte Malaga neighborhood real estate and home sales report for Palos Verdes Estates, CA in January 2010.

Active listings: 20 Homes are currently for sale in Monte Malaga priced from $1,249,000 to $11,500,000.

Pending sales: 2 Houses are in escrow priced at $1,049,000 and $3,250,000.

January sales: No homes closed escrow during January 2009 in the Monte Malaga area of PVE.

All Monte Malaga, Palos Verdes Estates real estate and home sales reports.

Previous Palos Verdes and San Pedro Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Property Blog - Palos Verdes Estates Homes
Palos Verdes Horse Property - Palos Verdes Listing Agent
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Ocean View Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes, CA Videos

90274 Foreclosure Updates 1/9/2010 - 2/4/2010

Here is an updated list of homes in various stages of foreclosure for 90274 zip code

90274:

76 Cypress Way

3013 Via Victoria

2812 Paseo Del Mar

17 Cresta Verde Drive

22 Cypress Way

21 Pepper Tree Lane

27011 Eastvale Road

26 Eastfield Drive

3021 Via la Selva

3601 W Hidden Lane #220

14 Pinto Lane

2504 Palos Verdes Drive West

If you are interested in any of these home, or any other homes contact us at 310.989.4466 or chamb@earthlink.net

www.RebeccaChambliss.com

Valmonte Home Sales in 2009

The city of Palos Verdes Estates is made up of a few areas, including Lunada Bay, Malaga Cove, and Monte Malaga. A fourth, lesser known area is Valmonte. The number of sales of Valmonte homes remained constant going from 2008 to 2009; however, the median sales price of these homes declined by 10 percent. Nonetheless, with a 2009 median sales price of $1,112,000, the values of these homes have done very well since the beginning of the past decade when the median price for a single family home was only $726,000.

The peak year for the sales of Valmonte homes was back in 2002 when 83 homes were sold. Last year the number had fallen to only 25, which, as we have seen, has been a recurring pattern in the South Bay. One thing that is interesting about the number of sales here is that they were fairly flat from 2005 through 2007. They then took a hit in 2008 and seem to have stabilized in the mid-20s. At the same time, the number of homes sold held steady starting in 2005, the median sales price also remained relatively flat over the three year period. Very few other South Bay areas experienced this same pattern.

If recent sales are any indication, this will be a strong year in Valmonte and, for that matter, all of Palos Verdes Estates. There have already been three closed escrows here and there are an additional 10 homes currently in the escrow process. Of these, three started the escrow process back in December of last year. The number of homes active on the market has been steadily rising and now stands at 10. This is the equivalent of about five months of inventory. Home sales here may not be anywhere near peak levels, but they appear to be on a much hoped for upswing.

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