Palos Verdes Real Estate Snapshot January 2019
Happy New Year! 2019 will be a test for the strength of the local real estate market. After several years of a market favoring sellers, the balance is shifting to a neutral market favoring neither the seller nor the buyer in most of the sub-markets on the Palos Verdes Peninsula. Will the market stabilize in the neutral zone, or will it continue to edge toward a full-blown buyer's market? Time and economic conditions will tell. There are 148 Palos Verdes single-family properties listed for sale. 34 PV homes are in escrow with accepted offers. 646 Palos Verdes single-family homes sold [...]