November 2011 statistics for Palos Verdes real estate look pretty good. There is an increase in both the number of sales and pending sales for Palos Verdes homes sold in November. 50 Palos Verdes houses sold/closed escrow in November compared to 38 single family homes sold in October. Look at how November 2011 sales compare to November 2010 sales which had only 19 sales making sales this November’s sales huge! 54 Palos Verdes houses had pending sales in November compared to 51 homes in October. Inventory of active Palos Verdes homes for sale was 216, continuing the seasonal reduction in inventory (242 in October). It is interesting to note that in November 2010 there were 281 active Palos Verdes homes for sale – this year less choices for buyers. Click here to read more about Palos Verdes real estate outlook...
Chart courtesy of Trendgraphix, Inc.
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