Palos Verdes Lifestyle - Norma Toering 310-493-8333

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Can I Afford a Home in Palos Verdes?

Palos Verdes Luxury Home

Have you ever admired an area and thought how absolutely wonderful life would be if only you could afford to live in the place of your dreams?  If Palos Verdes is on your dream list, don't discard that thought until you explore all the options.  I may not have the answer to your hopes and dreams, but I can answer your most common questions regarding the cost of a home in Palos Verdes.

 

How many homes are for sale in Palos Verdes?  There are currently 189 single family homes for sale in the four cities on the Palos Verdes Peninsula.

 

How many Palos Verdes homes are for sale priced under $1,000,000?  We have 20 single family homes on the market priced below $1,000,000.  The least expensive is $648,000 for a 3-bedroom, 1.5 bath home in the Eastview neighborhood of Rancho Palos Verdes.

 

What can I expect to purchase for $1,500,000?  The MLS inventory presently shows 88 homes for sale in the $1,000,000 to $2,000,000 price range.  Nine of those properties fall within $50,000 of $1,500,000.  The homes range in style from character home in Valmonte to a contemporary in Montemalaga both in Palos Verdes Estates.  Homes in that prices range may be found in Rolling Hills Estates and Rancho Palos Verdes as well.  Rolling Hills entry prices are closer to the $2,000,000 price tag in most instances.

 

How much does a Palos Verdes luxury home cost? The $2,000,000 to $5,000,000 price range lifts buyers into the luxury home category on the Palos Verdes Peninsula.  There are 57 single family homes for sale in this price range, and it is the most popular price range for luxury homes in PV.

 

That leaves 24 Palos Verdes homes currently for sale priced over $5,000,000.  Nine of those properties are located in Palos Verdes Estates, eight in Rancho Palos Verdes and seven in Rolling Hills.

 

Although housing in Palos Verdes is overwhelming geared toward single family residences, there are condo and townhouse options as well.  There are currently 37 condos and 14 townhouses for sale on the Palos Verdes Peninsula. 

 

For more information about homes on the Palos Verdes Peninsula contact Charlemagne Int'l Properties at 310.493.8333 or email us at ToeringandTeam@gmail.com

 

Palos Verdes Homes & Condos Priced Under $1M:

 

 

Palos Verdes Homes Priced From $1M to $1.5M:

 

 

Palos Verdes Homes Priced From $1.5M to $2M:

 

 

Palos Verdes Homes Priced From $2M to $5M:

 

 

Palos Verdes Homes Priced Over $5M:

 

Sell Smart, Buy Wise and Live Well

Norma Toering - Real Estate BrokerNorma Toering & Team
Broker-Owner - Charlemagne International Properties
310.493.8333 - Email Norma

 

 

 

 

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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.

Comments

Sounds like luxury buyers have many options when it comes to buying in Palos Verdes.  Can't really put a pricetag on the lifestyle and the amazing ocean views the area offers, but most of those price ranges have access to some outstanding financing terms, too, which can greatly help with affordability.

Posted by John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,) almost 4 years ago

Good morning, Norma -- many think some of Southern California's most desirable areas are simply out of reach -- it's good to know there are some opportunities available at the entry price level(by SoCal standards).   Nice job! 

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) almost 4 years ago

John - Yes, lots of Palos Verdes housing options and nice to know there are financing avenues to explore as well.

Posted by Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A. (Charlemagne International Properties) almost 4 years ago

Michael - There's even a studio condo asking $220,000.  That's about as low as it goes in Palos Verdes.

Posted by Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A. (Charlemagne International Properties) almost 4 years ago

Great information and I love the maps showing where your properties are located.

Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) almost 4 years ago

HI Norma - excellent job presenting the Palos Verdes market and I like how you separated it out by price point. I am sure your readers appreciate this detailed information.

Posted by Sharon Paxson, Newport Beach Real Estate (Compass) almost 4 years ago

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