The weather is beginning to cool, interspersed with spurts of warm Santa Ana winds, and the real estate market is reflecting a similar trend. Unlike the raging wildfires, it’s nothing dramatic, just a gentle shift in the market.
There are 207 Palos Verdes single-family homes for sale, 58 houses are in escrow with accepted offers, and 570 Palos Verdes single-family homes have sold thus far in 2018.
More Palos Verdes Real Estate Snapshots for November 2018:
Has the seller’s market come to an end in Palos Verdes? My Little Yellow Dot seems to be sending that message as it inches toward neutral in most sub-markets. I’ll be pleased if we can maintain a balanced market for a few years while the market adjusts to the run-up in prices during several years of a hot seller’s market.
If you would like more details on the Palos Verdes real estate market, let’s chat. Norma Toering 310.493.8333 or Norma@CharlemagneProperties.com.
Selling Palos Verdes Properties Since 1992