Monday, May 9, 2016

Palos Verdes Luxury / High-end Properties Sales Report--May 2016



Here's an interesting Palos Verdes real estate statistic that clearly indicates the direction the luxury home segment of the housing market is heading: Nearly 25% of all single-family homes listed for sale in Palos Verdes are priced at or above $3,000,000.

48 Single-family homes priced at or above $3,000,000 are currently listed for sale.

14 Palos Verdes luxury homes are in escrow with accepted offers.

17 Palos Verdes luxury properties have sold year-to-date.



It's a savvy time to sell your Palos Verdes luxury home. For the first time in years, the Palos Verdes luxury home market is in a stronger seller's market than the beach cities of Hermosa, Manhattan and Redondo. Buyers are discovering they get more house for the money in Palos Verdes, and that's good news for Palos Verdes luxury home sellers!

Now is an excellent time to take advantage of our one-hour free consultation to determine not only the value of your property but also receive suggestions on how to maximize the value of your Palos Verdes property. Contact us today to book your no obligation appointment!

Norma Toering - Broker and top agent in Palos Verdes CA
 310.493.8333 or email Norma@CharlemagneProperties.com

Palos Verdes Luxury Homes ($3M+):
  Beach Cities Luxury Homes ($3M - $5M)
Beach Cities Luxury Homes ($5M+)