pv luxury

It is no secret the coastal homes along Southern California’s coast command a premium price.  The housing market recovery, coupled with the growing number of luxury home buyers, is contributing to a surge in luxury home prices in the South Bay of Los Angeles.  During the past 12 months the luxury home markets I track and work recorded 23 sales priced over $5,000,000.  Here is the breakdown by individual city:

Manhattan Beach:  10 Luxury homes priced over $5,000,000 sold.

Hermosa Beach:  2 Sales over $5,000,000 were recorded.  The most expensive home on this list of high-end homes, a 7,000 sq. ft. home built in 2013 and located on The Strand in Hermosa Beach, sold for $14,800,000.

Palos Verdes Estates:  6 Luxury sales over $5,000,000 were recorded per MLS information.

Rolling Hills:  3 Rolling Hills luxury homes priced over $5,000,000 sold from March 2013 to March 2014.

Rancho Palos Verdes:  2 Luxury homes sales over $5,000,000 were recorded in Rancho Palos Verdes for the previous 12 months.

23 high-end luxury home sales were recorded during the past 12 months in Palos Verdes and the Beach Cities.

Homes priced over $5,000,000 currently for sale:

  • Manhattan Beach:  5
  • Hermosa Beach:  3
  • Palos Verdes Estates:  8
  • Rolling Hills:  7
  • Rancho Palos Verdes: 7

– Norma Toering, Broker
(310) 493-8333

Palos Verdes Luxury Homes $5M+:

Beach Cities homes $5M+:

Beach Cities luxury condos and townhomes: