This is New: Over 100 Palos Verdes single-family homes are for sale.

This is Old:  Palos Verdes is still a seller’s market with 114 single-family homes for sale and 59 properties in escrow with accepted offers.

The luxury market, those properties priced at or above $5,000,000, is the only sub-market in Palos Verdes in a neutral market favoring neither the seller nor the buyer. With 23 luxury homes for sale and only six in escrow with accepted offers, it’s an excellent time to shop for a Palos Verdes luxury home.

New Market Trends: More price reductions daily and days on the market are also increasing slightly. Sellers have more competition, and the buyer pool is shrinking due to high interest rates and higher home prices.

How to Sell in this Market:  Polish every inch of your property, price it right, and work with an experienced professional to showcase your home in its best light.

How to Buy in this Market: Know what you can afford and adjust expectations; you may not get everything you want, but with the help of a knowledgeable agent, you will likely get everything you need.

Norma Toering, Broker Owner

310.493.8333 Text or Call

No**********@***il.com

DRE: 01147470