Whether you are selecting a Palos Verdes Realtor to sell your home or help you purchase a home on the Palos Verdes Peninsula, it’s equally important the person you select possess both knowledge of the area and the experience to give you the highest and best representation.
In our opinion, there’s no better way to know the market than to keep your eyes on the market by analyzing real estate statistics (listings, pending sales and closed sales) each month. Such knowledge benefits sellers, buyers and the agent. It is equally important to be able to decipher what those numbers are telling us, and to put this information in an easy to understand “snapshot” so consumers can gauge current market conditions without wading through a plethora of charts and graphs. That’s what your agent should be doing. 🙂
We realize statistics are not everyone’s cup of tea. With that in mind, we try to keep our knowledge of the local Palos Verdes real estate market deep but our interpretation of it short and simple to understand.
Here’s what is happening in the local market as of August 2015:
There are currently 212 single family homes for sale on the entire Palos Verdes Peninsula. This number reflects a slight increase in inventory when compared to the number of available homes for sale earlier this year.
However, the housing market in Palos Verdes is still a strong market for sellers. Here’s why: 101 Palos Verdes single family homes are in escrow with accepted offers.
72 Palos Verdes single family homes sold during July 2015.
If you need experienced and knowledgeable Palos Verdes Realtors to help you with the sale or purchase of a Palos Verdes property, Norma Toering and Josh Toering of Charlemagne Int’l Properties will be honored to assist you. 310 493 8333 or 310 525 9440.