palos verdes 2nd quarter 2018 condo and townhome real estate market report: Palos Verdes 2nd quarter 2018 Condo and Townhome Real Estate Market Report
- 07/25/18 12:34 PM
Summary: The number of condos and townhomes listed for sale on the Palos Verdes Peninsula at the end of June is 17% higher than at this time last year but the number of homes sold during the last three months is down 7% compared to the prior year, but still resulting in unsold inventory of just 1 month supply. Prices of $479 per square foot are up approx. 10% compared to the prior year's quarterly average. Lower priced homes are moving faster than the upper end of the market. The market has also been very active with condos and townhomes taking only approx. 1 month to sell.The inventory of
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