Silver Spur Neighborhood Real Estate Report Oct. 2008 Rancho Palos Verdes

The real estate market is sizzling in the Silver Spur neighborhood of Rancho Palos Verdes!  Check these statistics for October 2008:

Active Listings:  13 properties are currenly for sale priced from $785,00 to $1,280,000.

Pending Sales:  6 properties are in escrow priced from $799,000 to $1,200,000.

October Sales:  0 properties closed escrow in October.

The inventory is down, and sales are up---maybe we've touched bottom and are experiencing the first indicators of recovery, or are we in for a continued bumpy ride?  Check back next month to see what the numbers say in November.

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PalosVerdesLifestyle Toering and Team

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