From Spring to Spring: A One Year Real Estate Review

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

If you are not a fan of numbers and what they tell us, get ready for your eyes to glaze over!  I'll summarize and make it as meaningful and short as possible.  Here's a one year snapshot of real estate activity on the Palos Verdes Peninsula:

Zip Codes 90274 and 90275 March 2009 and March 2010 Comparison:

March 2009                                  March 2010                                     % Change

For Sale:  372                               264                                               -30%

Sold:  36                                        59                                               +64%

Pending: 45                                    87                                               +93%

 

That's enough numbers to paint a picture of the current market activity in Palos Verdes.  The supply is down and demand is up. 

 

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

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses 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. Information is deemed reliable but not guaranteed.


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