There are 78 single family homes for sale in Palos Verdes Estates. 26 Palos Verdes Estates residences are in escrow with accepted offers, and 44 PVE single family properties have sold thus far in 2019.
The Palos Verdes Estates housing market is hovering between a seller’s market and a neutral market but still tilted toward favoring sellers. However, buyers may have more negotiating room than in the past. Multiple offers still occur, but certainly, it does not happen as frequently as it did a few years ago when inventory (and prices) were lower than now. The balance of power swings toward buyers if the property has lingered on the market a few months without a significant price adjustment.
More Palos Verdes Real Estate Snapshots for May 2019:
All Palos Verdes sub-markets are either in a seller’s market or neutral territory. This statistic means the demand for Palos Verdes homes remains strong, even as inventory increases slightly. If you would like more information about the market in your area, send me an email, and I’ll provide a detailed report tailored explicitly to your neighborhood of interest.
Norma Toering 310.493.8333 or email Norma@CharlemagneProperties.com.
Selling Palos Verdes Properties Since 1992