I receive most of my blogging inspiration from communication with prospective buyers or sellers and the questions they ask. After all, if they have a particular question about Palos Verdes real estate, no doubt many other people are wondering about the same topic. Yesterday, I received a call from an out-of-the area party interested in purchasing a home in Palos Verdes for under $500,000. Achieving his goal is highly unlikely if he wants a single family home. However, if a condo or townhouse will do, we can do that.
Our conversation progressed along the lines this blog post will follow:
There are currently 147 Palos Verdes single homes for sale. 73 are priced over $2,000,000 (yes, 50%). 21 Palos Verdes single family homes currently for sale are priced over $5,000,000. Only 13 single family homes in Palos Verdes are priced below $1,000,000 with the least expensive listed for $779,500 for a home in the Eastview neighborhood of Rancho Palos Verdes.
Palos Verdes condos and townhouses are not quite as plentiful as single family homes, but there are options in the $500,000 or below price range this prospective buyer requested. With 38 Palos Verdes condos and townhouses currently for sale, six are priced over $1,000,000 and 11 are listed at $500,000 or below. The rock bottom price currently available in Palos Verdes is $249,000 for a studio condo in Rolling Hills Estates. The priciest condo/villa is located at Terranea Resort off Palos Verdes Drive South in Rancho Palos Verdes for $2,795,000.
Charlemagne International Properties will be bringing a lovely Palos Verdes ocean view 2-bedroom condo on the market next week. Yes, there are housing options below $1,000,000 for buyers who want to enjoy the Palos Verdes lifestyle.
- Norma Toering, Broker (310) 493-8333
Palos Verdes homes and condos for sale under $1,000,000:
Sell Smart, Buy Wise and Live Well
Norma Toering & Team
Broker-Owner - Charlemagne International Properties
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. 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. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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