Palos Verdes real estate chart May 2012 showing active, pending and sold Palos Verdes homes 90274 and 90275

 

May 2012 Palos Verdes real estate statistics indicate more of the same good numbers we experienced last month.  55 Palos Verdes houses sold in May which is exactly the same as April.  May pending sales are just about the same as April – 63 homes compared to 64 in April.  The number of active Palos Verdes homes for sale in May rose just 4 homes to 182 in May from 178 homes in April.  As you can see from the chart above, inventory of homes for sale has been flat for the last 6 months indicating a high demand for homes in the Palos Verdes area.

Average sales price for Palos Verdes homes sold in May increased to $1,439,000 compared to $1,369,000 in in April.  Price per square foot for Palos Verdes houses that sold/closed escrow in May also increased to $494 from $486 in April.  To read more about Palos Verdes real estate, click here....

Chart courtesy of Trendgraphix, Inc.

 
This post has been included in California Real Estate News Los Angeles County, CA Real Estate News Palos Verdes Peninsula, CA Real Estate News
Post is included in group: South Bay Realtors
Post is included in group: CALIFORNIA DREAMING
Post is included in group: LA Connection

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Elaine Carlson

Palos Verdes Peninsula, CA

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