Rancho Palos Verdes recently gained some unwanted notoriety for being the crash site of Tiger Wood’s automobile accident. However, the month of February also brought good news to the residents of RPV. Your hometown’s real estate market is one of the hottest sub-markets on the Hill.
There are 36 Rancho Palos Verdes single-family homes for sale. 45, yes, 45 RPV single-family homes are in escrow with accepted offers. You know the market is on fire when sales are outpacing new inventory.
The Covid-19 vaccines are helping people feel a bit safer and more willing to tour homes for sale. As a result, there are more prospective buyers for Palos Verdes property than properties for sale. This is a market condition that creates multiple offers–lots of them! I am submitting an offer today, and the listing agent already has three offers in hand.
If you need help maneuvering this tight market, I’d be happy to help whether you are selling or buying. Together, we can achieve your real estate goals.
Norma Toering, Broker/Owner of Charlemagne International Properties DRE01147470
310.493.8333 or Norma@CharlemagneProperties.com