526 Palos Verdes single family homes have sold in 2012 as of Oct. 30, 2012.
There are currently 108 single family homes in escrow. No doubt about
it, the Palos Verdes housing market is on the move. Homes priced under
$2,000,000 are in high demand.
The
luxury home market is moving at a much slower pace. 70 of the 526
2012 sales were luxury homes priced over $2,000,000. There are
currently 14 luxury homes in escrow and 55 homes priced over $2,000,000
are listed for sale.
The
market is always speaking to us. These statistics suggest now is a
great time to list PV properties priced under $2,000,000. Prospective
buyers of these properties must present the strongest offer possible.
On the other hand, buyers of luxury properties have many more
properties to choose from and can expect to exercise more negotiating
muscle.
Sell Smart, Buy Wise and Live Well
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.