The rate of absorption increased, and inventory decreased during the past month in Rolling Hills Estates and the unincorporated areas of the Palos Verdes Peninsula. These conditions combined to reheat the seller’s market in RHE and PVP neighborhoods.
There are 33 Rolling Hills Estates and PVP single-family homes for sale. 15 RHE and PVP residences are in escrow with accepted offers, and 52 single-family homes have sold thus far in 2019.
More Palos Verdes Real Estate Snapshots for August 2019:
If you have questions about the values in your Palos Verdes neighborhood or are planning to buy or sell a Palos Verdes home, contact me for a free update on real estate activity in your area of interest. Norma Toering 310.493.8333 or email Norma@CharlemagneProperties.com.
Norma Toering, Broker/Owner
Selling Palos Verdes Properties Since 1992