My Little Yellow Dot Real Estate Sliders indicate the Palos Verdes single-family residential market still favors sellers. The pandemic, protests, and unemployment are a triple threat to most markets, but the June statistics for Palos Verdes show some markets are surging while others have cooled. Still, overall the single-family housing market comes in at 1.8 on a scale of 1-10.
There are 138 Palos Verdes single-family homes listed for sale on the entire PV Peninsula. 77 Palos Verdes single-family homes are in escrow with accepted offers, and 205 SFRs have sold thus far in 2020.
More Palos Verdes Real Estate Snapshots for June 2020:
Inventory remains low, prices appear stable, and buyers are still buying. That’s the beauty of a coastal location near an urban area. The stellar schools boost the desirability factor as well. If we are staying home more, then our home needs to be the place we want to be; Palos Verdes boldly checks that box on many bucket lists.
If 2020 is your year to purchase or sell a house in Palos Verdes, I can help you find a home you’ll love to come home to at the end of each day. Ditto for helping you find a buyer who will cherish the house you’ve called your home for years. Whether you’re moving in, moving on, or moving down, I can help you with the guidance such a life change requires.
For more information about your neighborhood of choice, call or text Norma Toering at 310.493.8333. You may email Norma@CharlemagneProperties.com or submit the contact form attached below.
Selling Palos Verdes Properties Since 1992
Norma Toering, Broker Owner
Charlemagne Intl Properties