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PALOS VERDES HOUSING MARKET UPDATE (November 19, 2017)

The housing market in PV is recovering from the deep slump in October. The statistical price is normarizing. The inventory continue going down. The escrow number is still so low compared to a year ago. We foudn the closed sales this year are as many as last year so far. One of the contibuting factors for smaller numbers of in-escrow listings may be shorter escrow periods as many lenders can close in 30 days.




Please see our trend analysis graphs Trend Analysis.

Please click here to see by Area E/A ratio

Please read more in our popular newsletters with unique analysis and full of useful information. Rockyfield Newsletter

Single Family Homes
(As of 09:30 November 19, 2017) (Source: MLS)
 PRICE RANGE  ACTIVE IN ESCROW  E/A RATIO
$0--  $899,900 2 5 250%
$900,000 --  $999,900 5 2 40%
$1,000,000 --  $1,249,900 10 12 120%
$1,250,000 --  $1,499,900 21 19 90%
$1,500,000 --  $1,999,900 39 13 33%
$2,000,000 --  $2,999,900  38 12 32%
$3,000,000 --    44 10 23%
TOTAL 159 73 46%
MEDIAN PRICE (,000) $2099 $1495  

By area please click here Market E A Ratio Analysis By Area  
The market trend graphs (supply-demand and price movements) are here Trend analysis

Townhomes and Condominiums
Townhome sales strongly recovered last week, and the condo market continue performing well. Excluding Teranea condos and new contstructions the raio is still unusually strong. (E/A Ratio:townhomes- 122%; condos- 127%, traditional condos- 143%). Torrance has extreme shortage of townhomes and condos.


The following links will lead you to active properties listings Rockyfield has selected at its own discretion from Multiple Listing Service (MLS). Displaying those properties in no way means any recommendation or endorsement by Rockyfield. All information included in our presentation is subject to professional inspections and various regulations.



CLICK LINKS BELOW TO SEE SELECTED PROPERTIES
If you want to see any of these properties, please call us (310)-544-0857 Ext. 3#)

BRE Broker License #01328577

  Single Family Residence (updated 11/17/17)
Palos Verdes Area  
  South Torrance & Redondo  
  Townhomes (updated 11/14/17)
Palos Verdes Area  
Some townhomes may be listed as condominiums.
  South Torrance and Redondo  
  Condominiums (updated 11/14/17)
Palos Verdes Area  
  South Torrance & Redondo Beach  


  "Open houses in PV"


»» Click here to view the list.  
  Our Choice of the Week in Palos Verdes
    »» Click here to view  
  PV Fixer, bank-owned,
            short-sale properties
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  Land/Lot in Palos Verdes (updated 11/14/17)     »» To land/lot list  
  Residential/Commercial Leases
        in Palos Verdes
    »» To lease listing page  
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  Business Opportunities
     Commercial & Income Properties
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    »» To Business Opportunities  
        
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