Thursday, April 2, 2015

Palos Verdes Real Estate Market Report--March 2015

PV Lighthouse 

  There are currently 142 single family homes for sale on the Palos Verdes Peninsula. As we approach the spring selling season the issue of low inventory still looms large over the local market. 

During the past 30 days inventory dipped slightly but pending sales increased from 80 last month to 104 Palos Verdes homes in escrow with accepted offers as we entered March 2015.  

104 Palos Verdes single family homes are in escrow with accepted offers.   

2015 single family homes sales year-to-date for Palos Verdes stands at 82.   Interest rates remain low leaving many buyers hoping they will find a home prior to rate increases. 

 If you're considering selling a property, whether in Palos Verdes or elsewhere in the South Bay of Los Angeles, Josh and I would be happy to assist you with preparing your property to obtain top dollar in this sellers' market, and guide you through the negotiations, inspections to make sure your property is in compliance with state and local requirements. You may reach us at Charlemagne Int'l Properties at 310.493.8333 or