Real estate activity across the Palos Verdes Peninsula remained steady last week, with 10 homes going into escrow and 12 closings. New listings ranged from a one bedroom condo on Ocean Crest in Rancho Palos Verdes listed at 535,000 dollars to a 5,100 square foot home in Rolling Hills listed for 5,300,000 dollars. Closed sales included a two bedroom condo that sold for 814,000 dollars and a large view home in Lunada Bay that closed at 4,200,000 dollars.
The House of the Week was Chris's listing in Vantage Point. At nearly 3,600 square feet, this exceptional one level home offered sweeping panoramic views. The property received multiple offers and closed over the asking price, a reminder that beautiful view homes continue to command a premium even as the year winds down.
