Happy Holidays! The days and nights are growing colder, and in keeping with the season, the luxury home market is experiencing a cooling trend as well. However, the Palos Verdes luxury home market may be in a buyer’s market, but the high-end homes on The Hill are still selling. Fortunately, the foundational tripod of the coastal location, excellent schools, and some of the best view properties in the South Bay offer a supportive base for home values on the Palos Verdes Peninsula.
There are 58 Palos Verdes luxury homes priced at or above $3,000,000 currently for sale. Seven PV high-end residences are in escrow with accepted offers, and 51 Palos Verdes luxury properties have sold year-to-date.
More Palos Verdes Real Estate Market Snapshots for December 2018:
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Contact info: 310.493.8333 or Norma@CharlemagneProperties.com.
Selling Palos Verdes Properties Since 1992