There are 60 Palos Verdes Estates single-family homes for sale. 30 Palos Verdes Estates single-family residences are in escrow with accepted offers, and 71 PVE single-family houses have sold year-to-date.
Those numbers tell us Palos Verdes Estates remains in a strong seller’s market.
Other Palos Verdes Market Snapshots for June 2018:
Palos Verdes Estates was the only sub-market on the Palos Verdes Peninsula that experienced an uptick in “market heat” since the May statistics were tallied. All the other markets cooled to some degree. That speaks to the desirability of the coastal homes in Palos Verdes Estates, and perhaps foretells a cooling of the local real estate market. It’s too soon to assume the seller’s market is in the waning phase, but if the trend continues through the summer months, rest assured the numbers have a story to tell.
June 2018 One Minute Market Video:
For more information about homes in Palos Verdes Estates contact Norma at 310.493.8333 or email Norma@CharlemagneProperties.com. I track the market so you won’t have to do it!
Selling Palos Verdes Properties Since 1992