October's First-Time Homebuyer Report for Palos Verdes Estates

Palos Verdes Estates is a larger than average city in California that has seen a 1.5% increase in population over the last 10 years. It also has a total population of 13,438. With a median age of 48 years, homes in Palos Verdes Estates tend to be older than most. The top schools in the city are Lunada Bay Elementary School and Palos Verdes Intermediate.

Price Range

Homes in Palos Verdes Estates are generally more expensive than others in the state with a median home value of $1,364,300 and an average list price of $2,470,083.

Curious as to which homes have been getting the most attention in Palos Verdes Estates? These listings have stirred up interest and produced the most views:

$8.2M   $4M   $1.3M  

Typical Dwelling

A four-bedroom detached home valued around $2,294,586 is considered a typical dwelling in Palos Verdes Estates. If a buyer was looking for a similar home, they would need good credit and a $458,917 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $7,564 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out Palos Verdes Estates homes for sale or reviewing Palos Verdes Estates real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Remax Estate Properties
Snapped 58 homes in this area
Berkshire Hathaway Home Services
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REMAX Estate Properties
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