Beach Cities and Palos Verdes Comparison of Luxury Home Sales
The surge in Manhattan Beach home prices a few years ago delivered some spillover buyers to the Palos Verdes Peninsula as they searched for more affordable luxury homes in the South Bay of Los Angeles. It may seem odd to see affordable and luxury in the same sentence, but high-end home buyers are always in search of top value for dollars spent. As time passed, luxury home prices in Palos Verdes crept upward, and there was some leveling off in the luxury home markets of the beach cities. Charlemagne Int'l Properties defines luxury homes as those properties selling at or above [...]