Palos Verdes Estates Real Estate
Browse today's new homes for sale and real estate in Palos Verdes Estates below! Located near Los Angeles, CA, Palos Verdes Estates is a smaller community with about 13,400 people calling it home. This master-planned neighborhood, which was developed by Frederick Law Olmsted Jr., is one of the most exclusive areas. Residents living here have one of the highest per capita incomes in the U.S. It can be difficult for those who wish to buy a home here, with limited properties for sale at any given time. To learn more about properties available in Palos Verdes Estates, California or to set up a private home showing, contact your local Los Angeles area real estate professionals today. Read more about Palos Verdes Estates real estate.
Homes For Sale in Palos Verdes Estates, CA
Palos Verdes Estates Real Estate Market
The real estate market in Palos Verdes Estates has seen ups and downs over the last few years. As a master planned community, it does see a lot of fluctuation in real estate values simply based on the number of homes available on the market. There can be about 80 homes listed for sale at any given time, including both new construction and existing properties. Limited new construction occurs in the city, though home builders serving the community include Palos Verdes Custom Homes and Esfahani Construction Company.
Home prices in the area range from $500,000 up. The median listing price in this housing market is $1.825 million. This is an average price of $718 per square foot of living space. For those who wish to rent here, costs are very high for the region at $6,500 per month. Rental property options are few within the city itself. Over the last 12 months, the area's home prices have moved significantly. However, overall, they have fallen about three percent. With a competitive housing market, Palos Verdes Estates can be an excellent location for those looking to buy into luxury real estate near Los Angeles, California.
Palos Verdes Estates Community Amenities
For those already living in Palos Verdes Estates, there is good reason to do so. This community is located right on the Southern California coastline, giving residents of Palos Verdes neihborhoods access to some of the most treasured waterfronts in the region. The community is most well known for its schools, ranking as some of the most academically successful in the country.
A beautiful city with hillside views of the waterfront and numerous expansive properties, the community is perhaps one of the best places to buy a home near Los Angeles and the Pacific Ocean. It has a large urban forest and a significant amount of preserved land. The city has numerous smaller roads and mostly is made up of single-family homes built between the 1950s and 1970s.
Palos Verdes Estates Neighborhood Highlights
- The Palos Verdes Peninsula High School, which serves most residents, was ranked as #8 in the country by The Washington Post at one point.
- The city is served by the Palos Verdes Library District through the Malaga Cove Library.
- This master planned community is about 4.8 square miles overall.
- The city sits on the Palos Verdes peninsula, one of the most desirable areas in the region to own a home.
Palos Verdes Estates School Information
School-aged children living in Palos Verdes Estates neighborhoods will attend schools in the Palos Verdes Peninsula Unified School District, for the most part. Most students attending public school here will go to Palos Verdes Peninsula High School. The high school is known for its large number of National Merit Scholar winners. Residents also have access to numerous elementary and middle schools in the area. Chadwick School is a private school in the area providing education to students from K through 12th grade. Palos Verdes Estates is also home to the International Bilingual School, which provides education to students as a Japanese prep school.
As a community with outstanding home options, Palos Verdes Estates can be a desirable place to buy a home. There are numerous amenities here as well as throughout the nearby area, providing a well-balanced community for residents.
Palos Verdes Estates Real Estate Agents
Thinking of buying or selling a home in Palos Verdes Estates? Let our Los Angeles area real estate experts guide you through the purchase of your next property or expertly negotiate the sale of your current Palos Verdes Estates home. As local real estate agents, we're experts on the market dynamics unique to the Palos Verdes Estates real estate market. Our agents are standing by to help you today!
Contact The DOMO Group to learn more about buyer or seller representation. Planning to sell your Palos Verdes Estates residence? Contact us to learn more about the possible resale value of your home in Palos Verdes Estates!