There are 123 Palos Verdes single-family homes listed for sale. 121 Palos Verdes single-family residences are in escrow with accepted offers, and 449 houses have sold thus far in 2020. Not too shabby for a year filled with economic uncertainty due to an ongoing pandemic, a contentious presidential election, and a housing market that appears undaunted by it all.

Per Zillow, “The typical home value of homes in 90274 is $1,899,089. This value is seasonally adjusted and only includes the middle price tier of homes. 90274 home values have gone up 5.3% over the past year and Zillow predicts they will rise 6.9% in the next year.” That’s a healthy increase in price during these uncertain times. Likewise, the forecasted increase in 2021 Palos Verdes house prices reflects the strength of the current housing market.

Zillow’s information for Rancho Palos Verdes (zip code 90275) reflects similar results and future predictions: The typical home value of homes in 90275 is $1,363,211. This value is seasonally adjusted and only includes the middle price tier of homes. 90275 home values have gone up 5.5% over the past year and Zillow predicts they will rise 7.7% in the next year.

More Palos Verdes Market Snapshots for October 2020:

Market statistics for Palos Verdes Homes priced at or above $3,000,000
The Buyers of this PVE luxury home were represented by Charlemagne Int’l Property

If there is a real estate purchase or sale in your future, it would be my honor to help you transition from where you are to where you want to go.

Norma Toering, Broker/Owner – 310.493.8333 Norma@CharlemangeProperties.com

DRE: 01147470