Friday, March 12, 2010

Real Estate Inventory is Down on the Palos Verdes Peninsula Jan. 2008

As of January 2, 2008 there are only 163 single family homes for sale in the Palos Verdes cities of Rolling Hills, Rolling Hills Estates, Palos Verdes Estates and Rancho Palos Verdes.

25 homes are currently in escrow.

437 single family homes sold in 2007 for less than $2,000,000

100 single family homes sold in 2007 for more than $2,000,000

Calls and requests from buyers are on the increase. The attendance at open houses during December 2007 was pleasantly surprising. I showed property on December 22. Buyers are anxious to buy, but they want to make intelligent purchases.

Sellers, there are still multiple offers when the property is priced properly for its condition, location and today's market. A home in Palos Verdes Estates received six offers last month.

If you would like a consultation or help in preparing your home for sale, that's something I can help you with. It could make the difference between selecting the best offer or receiving no offer.



Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800


South Bay Los Angeles cities I sell real estate and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.





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