Palos Verdes Estates Market Snapshot February 2019
The Palos Verdes Estates single-family real estate market returned to a seller's market this month. There are 39 single-family homes for sale in PVE, 16 are in escrow, and three Palos Verdes Estates homes sold thus far in 2019. Palos Verdes single family homes inventory is hovering around 150 homes for sale. Last year the number was closer to 200 single family homes for sale at any given time. The lower supply of homes and the continued demand by buyers creates a market tipped toward sellers. Perhaps there will be an uptick in listings as the spring market nears, but [...]