Fall 2023 Palos Verdes Real Estate Report
 The seller's market has deep roots on the Palos Verdes Peninsula. I know very few things last forever, but this real estate market is having one very long run! There are currently 96 single-family homes for sale on the Palos Verdes Peninsula. There are 54 single-family residences in escrow with accepted offers. As of September 2023, 342 single-family properties closed escrow. As a seller, this market still belongs to you unless you are overly optimistic about the value of your property. Price reductions are popping up more often. Buyers are savvy; they will pay top dollar for the right house but won't overpay by much. Chasing the market down is the weakest position a seller can find himself in, so price right from day one, and you may still generate multiple offers, especially if your home is in tip-top showing condition. As a buyer, consider your house as shelter [...]








