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Good News--Palos Verdes Entry Level Home Sales on the Rise

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

Your Palos Verdes dream home may be more affordable than you think.  141 Palos Verdes single family homes  sold for under $1,00,000 in 2011 year-to-date.  During the same time period in 2010 125 single family homes sold.  At the height of the market a few years ago it was difficult to find a single home for sale on the Palos Verdes Peninsula under $1,000,000.  Now they are sprinkled throughout most neighborhoods in PV.

 

Yes, many of the homes need updating and their view may not be panoramic, but it is not unusual to find a Palos Verdes view home for under $1,000,000.  As a matter of fact, I opened escrow on such a house last week with a delighted buyer.

 

Currently there are 51 Palos Verdes single family homes for sale priced under $1,000,000.  Maybe one of them is your dream home just waiting for you to find it.

 

Comments(2)

Peter Pfann @ eXp Realty Pfanntastic Properties in Victoria, Since 1986.
eXp Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490

Hi Norma,

Very Cool local community update and real estate recovery article, sure looks like you guys are on the right track in Palo Verdes Ca.

Aug 14, 2011 06:24 AM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Peter and Linda - We need more homes to sell as our inventory is low--guess I'll have to focus on getting more listings the rest of the year.

Aug 18, 2011 10:53 AM