The good news is inventory is up, and there’s more good news–Palos Verdes homes are selling like hotcakes as we enter the spring selling season.
There are currently 180 single family homes for sale on the Palos Verdes Peninsula. Only 15 of those properties are priced below $1,000,000. The least expensive home for sale in all of PV is priced at $679,000 and located in the Eastview neighborhood of Rancho Palos Verdes.
Seven Palos Verdes properties are priced above $10,000,000 with $53,000,000 for a Rolling Hills residence topping the list.
120 Palos Verdes single family residences are in escrow. Yes, the market is still in the “hot” zone.
59 Palos Verdes single family homes sold during March 2016.
Don’t miss this market if you’re thinking of selling in the near future. Likewise, if you’re in the market to buy a Palos Verdes homes, act soon to take advantage of still attractive interest rates.
- Norma Toering, Broker at Charlemagne Intl Properties – 310.493.8333