Palos Verdes Homes Snapshot October 2020

By | October 27th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Luxury Homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

There are 123 Palos Verdes single-family homes listed for sale. 121 Palos Verdes single-family residences are in escrow with accepted offers, and 449 houses have sold thus far in 2020. Not too shabby for a year filled with economic uncertainty due to an ongoing pandemic, a contentious presidential election, and a housing market that appears undaunted by it all. Per Zillow, "The typical home value of homes in 90274 is $1,899,089. This value is seasonally adjusted and only includes the middle price tier of homes. 90274 home values have gone up 5.3% over the past year and Zillow predicts they will rise 6.9% in the next year." That's a healthy increase in price during these uncertain times. Likewise, the forecasted increase in 2021 Palos Verdes house prices reflects the strength of the current housing market. Zillow's information for Rancho Palos Verdes (zip code 90275) reflects similar results and future predictions: [...]