Single-family inventory in Palos Verdes Estates is up slightly, but sales are up also. Demand continues to match supple as we enter the spring selling season.
The Little Yellow Dot reflects the slight increase in inventory, but also shows the Palos Verdes Estates real estate market remains one that favors sellers. There are currently 30 PVE single-family residences listed for sale. 18 Palos Verdes Estates are in escrow with accepted offers. As of the beginning of February, twelve single-family homes closed escrow.
The most expensive PVE property to sell in 2021 thus far, was a home located on Paseo del Mar with a sales price of $9,200,000. A Valmonte residence claims the City’s most affordable distinction after selling for $1,449,000.
If you have questions about your Palos Verdes property, you may reach me at 310.493.8333 or email No***@*******************es.com.
Norma Toering, Broker/Owner
DRE 01147470
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