It is June 1, and I had to sneak a peek at the May and year-to-date sale numbers. I must say they are quite impressive. With home sales on the rise, interest rates experiencing an uptick and nearly a quarter of the property inventory in escrow, there is a slight shift in the real estate market's direction.
Palos Verdes homes for sale: 298 single family homes are for sale.
Palos Verdes homes in escrow: 92 single family homes are currently in escrow.
Palos Verdes homes sold year-to-date: 119 single family homes closed escrow in 2009 YTD.
Mid-year is a good time to assess your real estate portfolio and life plans. If there's a move in the second half of 2009 for you, I am happy to help with the transition from one residence to another.
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, 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.
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Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
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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. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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WOw, a quarter of the homes for sale in escrow. Now that's a healthy market.
Your stats peaked my curiosity so i checked. 53 single family homes in escrow on Kauai, 623 on the market. Little bit different eh?
Ronnie - I thought I should spread the good news! I like to let the numbers tell the story.
Ronnie - Sounds like now is a good time to buy a home on Kauai!
Norma, wonderful stats. I will have to look at my area today. I know they are not as great as yours!
Jen - I'm always anxious to see what the numbers are telling me---so much more reliable than the real estate news story of the day