Palos Verdes, CA Real Estate Market Update--Dec. 2016

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

Williamsburg Lane

 

 

The Palos Verdes housing market is ending the year still entrenched in a seller's market. Inventory remains low and demand is strong. At the current rate of absorption, and without additional new inventory to replace the sold properties, there is less than a two-month supply of homes for sale in Palos Verdes.

 

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There are currently 166 single family homes for sale.  91 properties are in escrow with accepted offers, and year-to-date 641 Palos Verdes single family homes have sold.

 


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Thank for your 2016 readership, your business, and referrals.  I wish you and your family a happy holiday season and a prosperous 2017. Please keep me in mind if you have real estate questions or needs in the New Year. Let's work together to make 2017 a fabulous year for your real estate portfolio.

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Topic:
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California Los Angeles County Palos Verdes Peninsula
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rolling hills california homes for sale
palos verdes listing agent norma toering
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Rainmaker
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Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Norma Toering Broker for Palos Verdes and Beach Cities - Another excellent real estate update for the Palos Verdes, CA area!  You really have some of the most beautiful properties and area around!  Really enjoy the photos that you share!

Dec 28, 2016 02:45 PM #1
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Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Thanks, Laura!  There are sooo many Kodak moments on the Palos Verdes Peninsula.  I almost stopped traffic to take a photo of the coastline yesterday, but I noticed the car behind me was the type with lights and siren.  ;)

Jan 04, 2017 04:20 PM #2
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