Palos Verdes Single Family Homes Market Update for January 2017

Local Market Update for Single-Family Homes in Palos Verdes: Palos Verdes starts the New Year of 2017 with 120 single family homes on the active market.  I know it sounds like a broken record, but the inventory is extremely low, and it as been for the past several years. 67 Palos Verdes single family homes are in escrow with accepted offers. The existing inventory remains in a constant state of depletion due to the ongoing demand for Palos Verdes real estate. 2016 recorded 698 single family residential sales in Palos Verdes.   Palos Verdes Luxury Home Market Update: The Palos Verdes luxury home market begins the year with thirty-nine single-family homes for sale priced over $3,000,000.  Sixteen of those luxury residences are located in Palos Verdes Estates. Rolling Hills has twelve high-end properties on the market, Rancho Palos Verdes has nine single-family properties in the category, and Rolling Hills Estates … Continue reading Palos Verdes Single Family Homes Market Update for January 2017