What do you think about the Rancho Palos Verdes area? When is the (Los Angeles: for sale, homes)

[seisan]

when is the best time to put a home up for sale? Just looking for some opinions.
Thanks!

[dusesean1986]

Originally Posted by seisan

when is the best time to put a home up for sale? Just looking for some opinions.
Thanks!

The Rancho Palos Verdes area is extremely nice. You must be very wealthy to live there. It is located on a Peninsula, with a perfect view of the Pacific Ocean. The people living in this city are pure professionals. The area has rolling hills, the vegation is dead. Horseback riding is huge, most of the streets are quite quiet, because of the large space between housing. The area consists mostly of families, don't remember any mudslides, even though the city is located on the hill. The schools are excellent, safety is perfect. There is a large asian population in the city. You couldn't go wrong with this area, except you have to making extremely good money. Go to Muninetguide.com and type in Rancho Palos Verdes, and you will see the average income per family. How do I know so much? Because I live in Manhattan Beach, two cities away.

[seisan]

Thanks so very much! I found the website you mentioned very helpful. Do you have any idea what the home market is doing in RPV?

[dusesean1986]

Originally Posted by seisan

Thanks so very much! I found the website you mentioned very helpful. Do you have any idea what the home market is doing in RPV?

The housing bubble has burst hardly a little, but don't ever really expect it to come down to more than that. The city is very elite compared to the rest of Los Angeles County. The demand for housing will always be high there. Rancho Palos Verdes is in a class of its own, you have to visit the area, you would completely agree with me. Where exactly are you coming from? BTW, the average low in winter is 48 and the average high in summer is 78, including both seasons being dry and not humid.

[Sassberto]

RPV is so uber-wealthy I don't think normal market dynamics apply. Homes in this range can take a long time to sell.

[newportbeachsmostwanted]

Originally Posted by seisan

when is the best time to put a home up for sale? Just looking for some opinions.
Thanks!

MOST DESIRED:
The gated neighborhood of Rolling Hills and the homes above Lunada Bay.

SHOPPING:
The shopping on the peninsula is compacted away from residential streets. It is a highly exclusive shopping area catering almost only PV residents.

MALL:
The Avenue of The Peninsula mall is a fabulous open-air promenade feat. high-end retailers, Borders, Starbucks, and an ice rink.

GEOGRAPHY:
The entire area is incredibly peaceful. The hillsides are generally tree-less with an exception of some eucaplytus so therefore views seem to go on forever.

LOCATION:
10 minutes to Torrance
10 minutes to Redondo Beach
15 minutes to Hermose Beach
20 minutes to Manhattan Beach
25 minutes to Long Beach
45 minutes to Westwood
50 minutes to Santa Monica

MARKET:
Home prices have appreciated at record rates on the Penninsula in the past two years. I believe the high-end market will stabilize for another year or two, (prices will level). I don't believe the high-end PV market will decline.

[shannon94]

Great area!! My Grandparents live there ...... (Sammy Davis JR. use to be one of their neighbors ) If you have kids the schools are fantastic, the weather is unbeatable, great location in that it's close to alot of fun things to do........make lots of money though...lol. it is a "tad" expensive!!!

[dennismpat]

One of my sisters lives in Rancho Palos Verdes, and it's an absolutely desirable, wonderful, nice area. As other posters here have mentioned, it's considered to be rather exclusive, and the home prices reflect that. The topography of the land is hilly, lots of eucalyptus trees, and, depending on where your home is situated, the views of the ocean are breathtaking. From my sister's rear deck, you can see San Pedro, and on a clear day, all the way to Catalina Island! In my sister's neighborhood, the streets are winding and there are NO streetlights---yet the area is very safe, and before my sister and her husband had kids, they frequently took late-night (between 11:00 p.m. and midnight) walks in their neighborhood during the summer.

The area is also quite a drive to any freeways, which really heightens the peacefulness. I think the local PV residents won't have it any other way!

[Caladium]

I lived in Rancho Palos Verdes for 3 years. Before that, I lived in Redondo and Hermosa for 5 years, and after RPV I moved back to Redondo and stayed another 10 years.

All of the previous posters are right that RPV is beautiful and very safe. So why did I move back to Redondo, you may wonder. Here's why: it got really, really old to have to drive up and down that hill every time I wanted to do something. There isn't much on the hill except residential neighborhoods. If you like to go to community organizations, or meet friends for dinner, or go to the beach, you will be making that drive up and down the hill all day long. It gets old. This is especially true if you want to be active in one of the churches in Redondo/Manhattan (many people in RPV who are catholic spurn the church on the hill and drive to American Martyrs in Manhattan Beach). Also, there aren't many young people on the hill. Even though Redondo is less scenic, I could walk to the beach every day.

[so-cal]

Just reading for fun...want to add my two cents. I work in the P.V. school district and it is wonderful. If I had kids I wouldn't think twice about sending them there...not a big fan of San Pedro though which borders parts of R.P.V. (East Side) I think a lot of R.P.V. residents spend time in San Pedro because it is convenient. I would prefer other options.