Palos Verdes Estates, CA Real Estate
According to census data in the year 2000 there were 5,202 housing units in Palos Verdes Estates.
This represents a 1.4% growth from 5,131 in 1990.
Of those housing units, 5,202 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Palos Verdes Estates is about 90.5%.
Palos Verdes Estates's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Palos Verdes Estates were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.90% |
| Two Bedrooms | 13.60% |
| Three Bedrooms | 35.10% |
| Four Bedrooms | 34.70% |
| Five Bedrooms or more | 14.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $795,600 |
| Median Price asked for vacant units | $640,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $991 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 52.70% |
| Debt Free | 26.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
