Rancho Palos Verdes Snapshot August 2020
Rancho Palos Verdes Luxury Homes In an across the board seller's market on the Palos Verdes Peninsula, Rancho Palos Verdes is the hottest market on the hill. The pandemic effect of tighter inventory coupled with steady demand resulted in Rancho Palos Verdes having more single-family houses in escrow than there are for sale. That's a sizzling seller's market! Here's why my Little Yellow Dot is indicating RPV is in a hot seller's market: 48 Rancho PV single-family homes are for sale. 60 RPV residences are in escrow with accepted offers, with 203 sales recorded year-to-date. The August 2020 sold statistics are almost identical to the 206 RPV single-family homes sold by August of 2019. During this stay-at-home summer, many prospective buyers are shopping online for a house with room for a home office, space for a home theater, or more outdoor gathering areas. More Palos [...]