Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Palos Verdes Homes Sales 1st Half 2020 Affected By Covid-19

Palos Verdes real estate statistics for the first half of 2020 were affected by Covid-19 and the quarantine.  Average sales prices decreased for the first half of 2020 which was a surprise as there has been low inventory and multiple offers are common.  The number of Palos Verdes homes sold in the first half of 2020 was lower than the first half of 2019 (259 compared to 296).  2020 first half average sales price for Palos Verdes homes decreased compared to the first half of 2019 – $1,845,727 compared to $1,892,002.  Average price per square foot for Palos Verdes homes sold in the first half of 2020 was $633 compared to $664 for the same time period in 2019.
The mix of Palos Verdes homes sales for the first half of 2020 showed fewer sales in all categories (except over $5,000,000) with 37 fewer homes overall sold in the first half of 2020.  In first half of 2019, only 17 Palos Verdes homes sold under $1,000,000 which was 6.6% of sales (compared to 24 homes – 8.2% – in first half of 2019).  In the first half of 2019, 174 Palos Verdes homes sold between $1,000,000 and $2,000,000 which was ... more

__________________________________________________
Are you on The Rain? Grow Your Network!