Single-family home inventory in Palos Verdes Estates increased with 15 more homes listed for sale than last month. However, the rate of absorption remained stable. These factors resulted in a small movement toward a stronger neutral market favoring neither the seller nor the buyer.
There are 93 Palos Verdes Estates single family homes for sale. 27 PVE homes are in escrow with accepted offers, and 56 Palos Verdes Estates residences have sold thus far in 2019.
More Palos Verdes Real Estate Snapshots for June 2019:
The Palos Verdes real estate market may no longer be the sizzling seller’s market of the past few years, but it remains a healthy market as it trends toward a balanced market favoring neither the seller nor the buyer.
Need more information about selling or buying a house in a Palos Verdes neighborhood? Contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com, and I’ll email you the latest real estate data for your area of choice.
Selling Palos Verdes Properties Since 1992