Home sales continue to soar on the Palos Verdes Peninsula as we move into the summer months of 2016.
There are currently 242 single family homes for sale in the four cities on the Palos Verdes Peninsula. The inventory is slowly increasing–we began the year with just under 200 homes on the market. The increase in inventory caused our “Little Yellow Dot” to inch closer to a neutral market in Palos Verdes. The Beach Cities also made a slight move toward the neutral numbers.
There are 97 single family Palos Verdes homes in escrow with accepted offers. 83 Single family homes sold during June 2016. Year-to-date 364 single family residences have sold on the Palos Verdes Peninsula.
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Contact me for a free consultation on how to maximize the value of your Palos Verdes or Beach Cities property. Norma@CharlemagneProperties.com or 310.493.8333.