The Palos Verdes Estates housing market reclaimed some of its sizzle last month and edged back toward seller market territory. Inventory dropped from 95 single-family homes for sale the previous month to 76 houses on the market as we entered September.
20 Palos Verdes Estates single-family homes are in escrow with accepted offers, and 120 single-family residences have sold thus far in 2019.
One year ago there were 58 homes for sale. Eighteen houses were in escrow, and 131 homes had closed escrow as of September 2018. Analyzing these numbers show inventory is up compared to one year ago. Pending sales are down slightly, as well as the total number of homes sales in Palos Verdes Estates.
More Palos Verdes Real Estate Snapshots for September 2019:
Want more information about your neighborhood? Email Norma@CharlemagneProperties.com or call Norma Toering at 310.493.8333.
Selling Palos Verdes Properties Since 1992
Norma Toering Broker/Owner