I recently heard there are more real estate agents in California than there are properties for sale. I can’t speak for the entire State, but it certainly is true for the Palos Verdes Peninsula. The speaker’s point was to emphasize the lack of inventory, but what he didn’t mention was there are multiple buyers waiting to pounce on new listings. Buyers are facing the most competitive market I’ve ever worked in during the past 29 years. It’s wild and not for the faint of heart.
33 Palos Verdes Estates single-family homes are listed for sale. There are 22 homes in escrow with accepted offers.
Although it is a raging seller’s market, it is not easy for sellers to maneuver. Multiple offers can be overwhelming to sift through while selecting the one offer that works best for you. Price isn’t the only consideration; terms are important, too. A team of professionals will reduce the stress of selling and deliver a smooth experience as you move from listing to closing the sale.
Norma Toering, Broker/Owner DRE 01147470
310.493.8333 or email Norma@CharlemagneProperties.com