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PALOS VERDES HOUSING MARKET UPDATE (October 14, 2018)


Sales came back with 18 with low-end properties still struggling. Quite a few listings over $2 M were contracted. The median escrow price inched up accordingly. The mortgage rates have been stable after the sharp rise. We expect the rates to go slightly lower, though we do not expect them to go back to the levels before the sharp increase. Even though the number of contracts exceeded new listings last week, we cannot expect the huge difference between active and in-escrow listings to narrow to desirable levels soon.




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 October 14, 2018)
 PRICE RANGE  ACTIVE IN ESCROW  E/A RATIO
0--  $899,900 6 2 33%
$900,000 --  $999,900 4 4 100%
$1,000,000 --  $1,249,900 19 8 42%
$1,250,000 --  $1,499,900 34 11 32%
$1,500,000 --  $1,749,900 25 12 48%
$1,750,000 --  $1,999,900 20 6 30%
$2,000,000 --  $2,999,900  53 11 30%
$3,000,000 --    67 9 13%
TOTAL 228 63 28%
MEDIAN PRICE (,000) $2194 $1600  
(Source: MLS)

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
The townhome market is getting slower. The condo market is becoming quiet. (E/A Ratio:townhomes- 50%; condos- 42%, traditional condos- 40%).


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 10/12/18)
Palos Verdes Area  
  South Torrance & Redondo  
  Townhomes (updated 10/12/18)
Palos Verdes Area  
Some townhomes may be listed as condominiums.
  South Torrance and Redondo  
  Condominiums (updated 10/12/18)
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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  Residential/Commercial Leases
        in Palos Verdes
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    »» To Business Opportunities  
        
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  Palos Verdes Peninsula Unified School District Attendance Boundaries



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"Click Above to See Today's Rates"

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Main Office  727 Silver Spur Rd. Suite 205, Rolling Hills Estates, CA 90274

 

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