Palos Verdes Real Estate Explained – Community and Home Info

By Keith Kyle

Real estate on the Palos Verdes peninsula isn’t always easy to figure out. When people say Palos Verdes, or PV, it’s not always clear just what they’re talking about. With 4 different cities (really 5 if you include the unincorporated area that is actually called Palos Verdes Peninsula), multiple real estate areas often including more than one city, the entire area serviced by the Palos Verdes Unified School District, various zoning issues including equestrian areas and vastly different areas and neighborhoods (not to mention distinct climates)….how is one able to get a handle on the area?

The map below should help as it’s broken down into both cities and real estate “areas”.

The pink sections show Palos Verdes Estates and the corresponding real estate numbers used by realtors to break the areas down into similar real estate neighborhoods.  The orange areas show Rancho Palos Verdes which had an abundance of very distinct areas and neighborhoods.  The purple shows Rolling Hills Estates, green represents Rolling Hills (gated community with very large lots) and the yellow is the small pocket of Palos Verdes Peninsula.

Palos Verdes real estate map

July 2013 Home Sales in The South Bay – By the Numbers

July was a record month in many South Bay cities as we saw a multi year high number of new listings, pending homes sales and closed home sales.  This may be the increase in home inventory that eventually balances the market as opposed to the drastic seller’s market at the moment.

El Segundo  –                      Active Homes for Sale 18   –   Pending Home Sales 14   –   Closed home sales 16

Hermosa Beach   –             Active Homes for Sale 31    –   Pending Home Sales 25    –   Closed home sales 29

Manhattan Beach  –          Active Homes for Sale 68    –   Pending Home Sales 37    –   Closed home sales 45

Palos Verdes Estates  –     Active Homes for Sale 42    –   Pending Home Sales 18    –   Closed home sales 27

Rancho Palos Verdes  –    Active Homes for Sale 101   –   Pending Home Sales 56    –   Closed home sales 44

Redondo Beach  –             Active Homes for Sale 102   –   Pending Home Sales 104   –   Closed home sales 110

Torrance  –                         Active Homes for Sale 159   –   Pending Home Sales 129   –   Closed home sales 158

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