Living the resort lifestyle on the bluffs of Palos Verdes, California. Luxury estates perched on the ocean cliffs, amazing sunset views and the pleasant coastal temperatures of Southern California. Written by Norma Toering of Charlemagne International Properties. 310-493-8333
Thursday, January 4, 2018
Palos Verdes Coastal Homes January 2018 Market Report
Happy New Year!
The Palos Verdes single family home real estate market finished the year (2017) with low inventory and continued high demand. There are currently only 113 Palos Verdes single family homes for sale on the entire Palos Verdes Peninsula as we begin 2018. 56 Palos Verdes residences are in escrow with accepted offers. 692 Palos Verdes homes sold during 2017.
These statistics indicate we are in for another year of low inventory and high demand for single-family homes in Palos Verdes. Given the depleted supply of houses, the time is right to list your Palos Verdes home. There is no need to wait for the spring market, buyers are waiting for the right house to come on the market, and your home may be the one they are waiting to purchase.
Norma Toering 310.493.8333 or Norma@CharlemagneProperties.com