3rd Quarter Closed Sales in Palos Verdes

According to the Multiple Listing Service, there were 207 closed sales of single family residences in the cities of the Palos Verdes Peninsula (Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, and Rolling Hills Estates) and the unincorporated area of Palos Verdes Peninsula during the third quarter of 2017.  The sales prices ranged from $615,000 to $9,250,000.  The average sales price was $1,695,038 after an average of 41 days on the market.

There were 55 closed sales of condominiums and townhouses.  The sales prices ranged from $265,000 to $2,800,000.  The average sales price was $785,544 after an average of 37 days on the market.

Please contact me if you have any questions and for a complimentary market evaluation of your home:

310-703-1931

katie@katiemuck.com

FIRST HALF CLOSED SALES IN PALOS VERDES

According to the Multiple Listing Service, there were 347 closed sales of single family residences in the cities of the Palos Verdes Peninsula (Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, and Rolling Hills Estates) and the unincorporated area of Palos Verdes Peninsula during the first half of 2017.  The sales prices ranged from $640,000 to $13,840,000.  The average sales price was $1,761,487 after an average of 48 days on the market.

There were 91 closed sales of condominiums and townhouses.  The sales prices ranged from $240,000 to $1,310,000.  The average sales price was $678,865 after an average of 47 days on the market.

When Selling, Don’t Overlook the Details

There are so many things to do when you are selling you home: making sure the house is clean all the time; making sure you answer all the calls from agents wanting to show it to prospective buyers; finding somewhere to go when showings take place; and so on and so on.

A very important part of the marketing process (a detail), is the listing itself. Don’t forget to ask your agent (hopefully me) to show you the listing submitted to the Multiple Listing Service. I’ve noticed that some agents take tons of pictures and many of them do not show the best features of your home. A townhouse listing I was looking at had ten pictures of the outside stairways, the front door, and even a picture of a neighbor’s dumpster! It’s not the number of pictures, it’s the pictures themselves. Also, we are able to label the pictures, and they should all be labeled. If your property has a view of the ocean, coastline or city lights, there should be good photos of the view, not extensive verbiage about how spectacular the view is. If the listing reads, “spectacular, panoramic views of the ocean and coastline”, and a prospect sees the home and notices that there is only that view if you are out on a deck with a telescope, he may be so disappointed that he will pass on your home. However, if the description is accurate, or maybe even under-played a little, the prospect may just fall in love with the view, and the offer to purchase will be put on the table. Unless your bathrooms are simply spectacular, there should not be pictures of them. If you have a large yard, as long as it is well kept, include pictures that show how large it is.

If the showing appointment times are limited and your home is difficult to show, it will be difficult to sell. Perhaps asking for offers “subject to inspection” may be an option.

I’m sure I haven’t covered all the little details, but remember that “the devil’s in them”.

4204 Via Nivel, Palos Verdes Estates 90274

View all Photos – $1,348,000

4 beds, 2 baths • 2,114 sqft • 7,197 sqft lot • $703.88/sqft • Built in 1960

 

~ Price Reduced! ~ Come see the views of city lights and snowy mountain tops… overlooking a small grassy park across the street with a private breezy patio & backyard including spa- this 4 bed, 2 bath home in the heart of Valmonte is waiting for you to make it your own!… Welcome to the highly desired Valmonte neighborhood located on one of the most beautiful streets in the neighborhood. This home features some of the best views on the block because it is across from the park & trail giving you open views of the mountain-tops & city lights from the all glass face of the family room & front of the home… Charming kitchen with cesar stone countertops and cabinet-faced appliances. The home has a breezy open feel from the front entry leading to the double door opening into the private backyard with mature landscaping and blue skies, trex decking and stamped concrete leading to eco-friendly grass and spa surrounded by a privacy gazebo. All four bedrooms are on the same floor and the master suite has a good sized bathroom as well as a walk-in closet. There are double sinks in the hallway bathroom. Laundry is in the garage. Hardwood flooring throughout & under the carpeting in the hallway & bedrooms. Driveway is large and flat allowing for play or plenty of parking. Home is equipped with forced air heat and also has AC! Get cozy in the spacious family room with the gas or wood-burning fireplace… ~ come see for yourself today
Last updated on 05/12/2017 10:43:15 AM
Facts & Features
• Listed On 04/04/2017
• Original List Price of $1,549,000
• Levels: Two
• 2 Garage spaces
• 6 Total parking spaces
• Laundry: In Garage
• Cooling: Central
• Heating: Central Furnace
• Fireplace: Family Room, Gas, Wood
• Patio: Deck, Patio, Stone
• Spa: Above Ground
• View: City Lights, Mountain, Trees/Woods

 

Interior
• Rooms: Entry, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite, Walk-In Closet
• Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
• Appliances: Dishwasher, Gas Oven, Microwave
• Other Interior Features: Open Floor Plan, Recessed Lighting, Stone Counters
Exterior
• Lot Features: Landscaped, Yard
• Sewer: Public Sewer
Additional Information
• Standard sale
• Palos Verdes Schools
• 164 – Valmonte area
• Los Angeles County
• Parcel # 7537021007
Katie Muck CalBRE License #: 00624729 
Cell Phone: 310-995-3754
RE/MAX Estate Properties Fax: 424-772-1264
450 Silver Spur Rd.
Rancho Palos Verdes, 90275

90274 Zip Code Facts

The 90274 zip code includes the cities of Palos Verdes Estates, Rolling Hills Estates, Rolling Hills and the unincorporated area of Los Angeles County (Palos Verdes Peninsula).

There are 9437 households of which 87% are owner occupied;  71% are married; 35% have children.   The median home sales price is $1,225,000.  The median age of the inhabitants of this zip code is 31.88 years; 38% have a bachelor degree and 25% have graduate degrees.  83% are white collar workers, mostly in service industries and most commute by car thirty minutes to their places of work.

This information was obtained from the Realist tax portion of our Multiple Listing Service and though believed to be accurate, is not guaranteed.

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It is a Great Time to Sell Your Home in Palos Verdes Estates

There were 33 home sales in Palos Verdes Estates during the first quarter of 2013, compared to 38 sales during the first quarter of 2012.

The median sales price in 2013 was $1,750,000 compared to $1,300,000 in the first quarter of 2012.

The average market time was 112 days compared to 133 days in 2012.

The inventory of homes for sale is down 50% since last year.  The lack of competing homes on the market; the increase of the median price; the decrease of days-on-market make this an ideal time to sell your home in Palos Verdes Estates.  Contact me for a complimentary market evaluation of your property. If you are a buyer, do not hesitate; I believe home prices will continue to rise this year.  Contact me for an appointment to see some of the outstanding homes in Palos Verdes.