PALOS VERDES REAL ESTATE MARKET UPDATE FOR TODAY:
There are only 189 homes for sale on the entire Palos Verdes Peninsula.
The lowest priced home in Palos Verdes is $725,000 (same as last month).
The highest priced home in Palos Verdes is currently $10,500,000
The average asking price for a home on the Peninsula has gone down since last month it is currently: $2,240,323 (last month's average was $2,176,204)
The average days on market is 127 (down from last month's dom average of 128 days).
There are 84 homes currently in escrow (this means under contract either pending or contingent) There were 83 last month.
Of these 84 homes in escrow the average list price is $1,341,975(down from last month's average of $1,309,502). The Lowest priced home in escrow: $530,000 (same as last month's)
Highest priced home in escrow: $3,999,000(down from last month's high of $4,999,000).
The average market time for homes in escrow is 90 days (down from last month's 137 days).
Since the first of the year 40 homes have sold on the Peninsula.
The average market time for sold listings is 132 days on market
The average sold price is $1,590,068 down from last month's sold average of $1,796,494.
There are currently 4 homes in Palos Verdes that are REO'S,or in foreclosure.
There are 11 short sales in Palos Verdes.
There are currently 36 condos for sale throughout Palos Verdes. Starting at $171,000 ranging to $2,595,000. With an average list price of $598,775.
There are 15 town homes for sale in Palos Verdes. Ranging in price from $329,000-$959,000.The average list price for a Palos Verdes townhomes is $600,060.
The average market time for the current short sales listings are 110 days on the market.
For a list of the current bank owned homes or the upcoming short sales and foreclosures please contact: Kathy and Rachel Tyndall kathyandrachel@gmail.com
Average SOLD price per square foot in 90275 for the month of January: $413 (up from last month's average of $411 a square foot).
Average SOLD price per square foot in 90274 for the month of January: $544 (up from last month's average of $483 a square foot).
For more information regarding the real estate trends for the Palos Verdes Peninsula and Surrounding Beach Cities please contact: Rachel and Kathy (310)802-2334
Source: MLS and trendgraphix
* All reports are published February 2012, based on data available at the end of January 2012. All reports presented are based on data supplied by the CARETS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
Privacy! Privacy! Privacy! This gorgeous PANORAMIC VIEW mid-level Terraces condo looks out on the city and mountains from most of the rooms. The way this unit is situated, the adjacent neighbors can't be seen from the unit and patio so there is a feeling of seclusion. With splendid bamboo floors throughout and vaulted ceilings this unit is very bright and sunny. The kitchen has been remodeled with stainless steel appliances and granite counter tops. This 24 hour gate guarded community features 4 pools & spas, tennis courts, community room and playground area. Located near shops and Palos Verdes award-winning schools!
2 bedrooms/2 baths
1,325 square feet
The Terraces Comples in Rolling Hills Estates offers the following:
For more information contact the Palos Verdes Realtors: Kathy and Rachel Tyndall (310)809-8221
OPEN HOUSE FEBRUARY 2ND,2012 12-2 P.M. 200 SOUTH CATALINA AVENUE #206, REDONDO BEACH
AREA 157
One level
2 bedrooms/2 baths
984 square feet
Listed for $499,000
Sold FULLY furnished for $508,000
Peak Ocean View
Small 30 unit complex
Block to the beach, The Redondo Beach Pier (undergoing a 30 million dollar renovation), Steps to Whole Foods, Catalina Coffee Shops, Tony's on the Pier, CVS, Restaurants, Nightlife and The Shade Hotel Redondo Beach coming soon!
Short bike ride to Hermosa and Riviera Village
There are currently 31 single family homes for sale in all of North and South Redondo priced under $700,000. The average market time for these homes is 91 days.
The lowest priced single family home in Redondo is a short sale( A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed) located in North Redondo at 2508 Fisk Lane. It is a 3 bedroom/2 bath home with 1,200 sq.ft listed for $430,000.
There are currently 9 homes for sale in all of Redondo under $500,000.
There are 41 town homes in North and South Redondo under $700,000. The lowest priced town home is a short sale located in North Redondo at 182nd st. It is a 2 bedroom, 3 bath with 1,277 square feet. The average market time for a condo under $700k in Redondo is currently 87 days.
There are 27 condos for sale in North and South Redondo under $700,000. The lowest priced condo is located in South Redondo just above the Redondo Pier and Beach. It is a REO (REAL ESTATE OWNED property, is a property that a mortgage lender takes back into its ‘care’ as a result of a foreclosure on a home that has not yielded a buyer during a foreclosure sale. There maybe many reasons why a foreclosure sale by the mortgage lender fails (these will be looked at later), leading to a REO sale. The fact that the house is being sold as a REO property should not detract the buyer from the property. In most cases there is nothing suspect, or wrong, with the property that is for sale by the lender, other than the fact that the previous owner could not afford the payments.) 610 the Village #109. It has 1 bedroom.1 bath and 619 square feet. The Village offers direct access to the pier, two pools, a new fitness center and a little convenience store.
If you would like to receive the photos and all the details of home for sale in Redondo Beach please contact me. If you are a first time homebuyer with questions I would love to help.
In Lunada Bay (160) located in the city of Palos Verdes Estates, there are currently 23 homes for sale. They range in price in from $1,059,000-$5,800,000. The average asking price for a Lunada Bay home is $2,264,122. The average market time is 152 days.
In the Monte Malaga area (162) located in the city of Palos Verdes Estates, there are currently 12 homes for sale. They range in price from $949,900-$10,500,000. The average asking price for a Monte Malaga home is $4,920,809.The current market time is 262 days.
In the Malaga Cove area (163)located in the city of Palos Verdes Estates, there are currently 10 homes for sale. They range in price from $999,000-$3,750,000. The average asking price for a Malaga Cove home is $2,304,800. The average market time is 139 days.
In the Valmonte area(164)located in the city of Palos Verdes Estates, there are currently only 3 homes for sale. They range in price from $1,025,000-$1,635,000. The average asking price for a home in Valmonte is $1,253,000. The average market time is 77 days.
In the Palos Verdes Drive North area (165) located in the city Rolling Hills Estates, there are currently 13 homes for sale. They range in price from $829,000-$1,388,000. The average asking price for a home in the Palos Verdes Drive North Area is $1,106,306. The average market time is 62 days.
In the gated community and city of Rolling Hills (166) there are currently 11 homes for sale. They range in price from $1,299,000-$6,999,000. The average asking price for a home in Rolling Hills is $4,525,991. The average market time is 145 days.
In the Palos Verdes Drive East area (167)located in the city of Rancho Palos Verdes,there are currently 28 homes for sale. They range in price from $779,000-$6,995,000. The average asking price for a home in the Palos Verdes Drive East area is $1,823,657. The average market time is currently 110 days.
The Mira Catalina area (168) located in the city of Rancho Palos Verdes, there are currently has 4 homes for sale. They range in price from $999,900-$1,680,000. The average asking price for a home in the Mira Catalina area is $1,354,756. The average market time is 177 days.
The Palos Verdes Drive South area (169) located in the city of Rancho Palos Verdes, there are currently has 22 homes for sale. They range in price from $825,000-$10,000,000. The average asking price for a home in the Palos Verdes Drive South area is $2,519,841. The average market time is 196 days.
In the West Palos Verdes area (170) located in the city of Rancho Palos Verdes, there are currently 9 homes for sale. They range in price from $1,325,000-$9,888,000. The average asking price for a home in West Palos Verdes is $3,988,422. The average market time is 136 days.
In the Country Club area (171) located in the city of Rancho Palos Verdes, there are currently 10 homes for sale. They range in price from $1,159,000-$3,500,000. The average asking price for a Country Club home is $1,695,990. The average market time is 75 days.
In the La Cresta area (172)located in the city of Rolling Hills Estates,there are currently 9 homes for sale. They range in price from $1,370,000-$3,899,900. The average asking price for a home in La Cresta is $2,098,322. The average market time is 125 days.
In the Los Verdes area (173)located in the city of Rancho Palos Verdes, there are currently 8 homes for sale. They range in price from $829,000-$1,195,000. The average list price for a home in Los Verdes is $1,009,000. The average market time is 39 days.
In the Crest area (174) located in the city of Rancho Palos Verdes, there are currently 3 homes for sale. They range in price from $1,090,000-$1,199,000. The average asking price for a Crest home is $1,129,333. The average market time is 91 days.
The Peninsula Center area (175) located in the city of Rancho Palos Verdes, currently has 6 homes for sale. They range in price from $799,000-$1,089,000. The average asking price for a home in the Peninsula Center area is $914,983. The average market time is 54 days.
The Silver Spur area (176)located in the city of Rancho Palos Verdes, currently has 7 homes for sale. They range in price from $725,000-$1,100,000. The average asking price for a home in Silver Spur is $889,492. The average market time is 63 days.
The Eastview area (177) of Rancho Palos Verdes currently has 9 homes for sale. They range in price from $597,400-$769,000. The average list price for a Eastview home is $671,911. The average market time is 83 days.
If you are planing on selling your Palos Verdes home or buying a new home in Palos Verdes contact Kathy and Rachel Tyndall at (310)809-8221 to find out about our special incentives.
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We are passionate about real estate & living in the South Bay. If you are looking for a top producing Real Estate team that gets the job and has fun while doing it!
We LOVE living in the South Bay!
Born in raised on the beautiful Palos Verdes Peninsula we know the area like the backs of our hands. We can tell you the value and history of each home. There really is no place else like it. The South Bay is truly a magical place to live.
If you are looking for a top producing real estate team with local expertise that gets the job done we're your team! Especially if you like a little humor to go with your real estate experience.
We strive to remain educationally updated in the ever changing real estate market. We love learning and reaching outside the box for creative marketing, financing and problem solving.
Whether negotiating for the best possible deal for clients, staging a house, doing research at city hall, showing you the local schools, creatively marketing a home or business or putting a "not included in sale" sign on the family dog. We represent YOU with an experienced, businesslike, ethical passion integrated with a bit of whimsy to relieve stress and keep one of the biggest decisions of your life..fun..as it should be...
With each home we sell we donate a portion of each commission in our client's name to the Children's Hospital of Los Angeles. The Children's Hospital is where they make miracles happen every day.
Below is a map of the areas where Kathy and Rachel specialize in selling real estate
63 MALAGA COVE PLAZA
Palos Verdes Estates, CA
90274
Search all listings for sale just like a agent with your own personal account:
http://rachelandkathy.listingbook.com/
History:
Established in 2004 when Kathy studied for her real estate lesson with little Rachel at her knee. Ten year old Rachel even attended a few open houses and charmed Lookie Loos with her own interpretation of built-in bars (kids' kitchen,) master bedroom (this is where the mommy and daddy sleep) and mud rooms (a fort for boys to play.) Luckily, after graduating college her real estate acumen grew to match Kathy's as they melded their separate education and experience into a dynamic, powerful, client oriented partnership.
You can connect with me on:
I am a designated:
PalosVerdesRE
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BORN AND RAISED ON THE PALOS VERDES PENINSULA I SPECIALIZE IN SELLING Palos Verdes (PALOS VERDES ESTATES, ROLLING HILLS, RANCHO PALOS VERDES AND ROLLING HILLS ESTATES) REAL ESTATE AND THE SURROUNDING CITIES.
SPECIALIZING IN THE FOLLOWING PROPERTIES:
"When you are making one of the biggest financial decisions in your life, you need someone you can trust and who makes you feel this is just as important to her as it is to you. Rachel does this in every step of process; by doing her homework-she knows her territory well; paying attention to every detail in the transaction-she listens to her clients and follows up in a timely manner. But mostly having genuine enthusiasm and happiness for you and your new home shows her dedication to her work ethic and her clients! I will continue to use her expertise whenever I can!"
Cynthia E.
Rachel,
Thank you so much for our gift card! We really appreciate that! You've been
wonderful to us and we have loved working with you!
Lots of Love,
Lauren and Mike S.
Thanks again for all you have done for Henry and me. After the remodel is complete you will have to come over for dinner.
Best Wishes!
Susan C.
Dear Rachel,
It was difficult for you and us because we had so many problems, but you worked hard to resolve the problems. We really appreciate it. You have been so patient with us and so nice and cute smile. :) You are so sweet!
Thank you again.
Love,
Nobuo & Noriko M.
Dear Rachel,
I am writing to thank you for everything. I have learned that a realtor needs much more than outstanding knowledge of real estate, law, finance, marketing, taxes, insurance, home repair, multiple ethnic cultural acumen and a good car, all of which you possess. She needs to be a psychologist capable of handling whatever personal barriers that may arise. As far as I am concerned, you have earned your "Shrink PhD".
Even after everything was closed and finished, you showed up with flowers for me on Valentine's Day, the most valuable and empathetic gift anyone could have given me.
Thank you for everything.
Barbara M.
Dear Kathy and Rachel:
We want to thank you so much for your help to purchase our new house. Today, our whole family went up there; we really like our new house. We really appreciate your great effort and valuable advise in the stressful process of purchase this home. From the beginning of showing us the houses until finishing the transaction, you were always very prepared and were available to answer our questions any time when we needed you. You made us feel very comfortable to work with you. We will always remember you when we step into our new home. We will not hesitate to recommend you to any of our friends. We certainly will ask your help again to buy or sell our homes in the future.
Also we want thank you very much for your thoughtful gift basket. Lily and Mei love their name alphabet, snacks, candies, journal book and toys. We certainly will enjoy the beautiful glasses and wine.
Keep in touch.
Dan & Jan
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