A view of downtown Los Angeles from the Palos Verdes Peninsula.

 

The Palos Verdes luxury home market is tipped toward a buyer’s market since supply outstrips demand. Although 2020 statistics show my Little Yellow Dot edging back into neutral territory on the luxury home market slider, it will be interesting to see if the spring market brings more luxury homes to market, or more luxury home buyers. A neutral market is a balanced market favoring neither the seller nor the buyer.

 

54 Palos Verdes luxury homes are for sale. Eight PV luxury residences are in escrow with accepted offers and five luxury properties sold during January 2020.

 

More Palos Verdes Real Estate Snapshots for February 2020:

 

For more information about your neighborhood of choice, or your property, contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com. You may also submit the below form with your question or request.

 

Selling Palos Verdes Properties Since 1992

Norma Toering, Broker/Owner

310.493.8333