The spring market is gone, and it’s too early for the lazy dog days of summer, so why are so many Palos Verdes Properties lingering on the market? The seller’s market, which seemed to be a permanent fixture on The Hill, is taking a vacation, and buyers are delighted! For the time being, market conditions favor buyers.

Sellers, don’t despair; the market you dominated for more than a decade has not abandoned you, it’s merely softened. Meticulous property preparation and spot-on pricing are your two trump cards in this new market.

There are currently 205 single-family homes for sale in Palos Verdes. 70 Palos Verdes houses are in escrow with accepted offers, and 249 single-family properties have sold year-to-date.

 

The sky isn’t falling, and the housing market is not crashing. It’s a gentle shift from years past. That’s all.

 

Norma Toering

Broker-Owner  01147470

Charlemagne Int’l Properties

Text or Call 310-493-8333