Palos Verdes Lifestyle - Norma Toering 310-493-8333

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Palos Verdes, CA Real Estate Market Update--Dec. 2016

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The Palos Verdes housing market is ending the year still entrenched in a seller's market. Inventory remains low and demand is strong. At the current rate of absorption, and without additional new inventory to replace the sold properties, there is less than a two-month supply of homes for sale in Palos Verdes.

 

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There are currently 166 single family homes for sale.  91 properties are in escrow with accepted offers, and year-to-date 641 Palos Verdes single family homes have sold.

 


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Thank for your 2016 readership, your business, and referrals.  I wish you and your family a happy holiday season and a prosperous 2017. Please keep me in mind if you have real estate questions or needs in the New Year. Let's work together to make 2017 a fabulous year for your real estate portfolio.

Sell Smart, Buy Wise and Live Well

Norma Toering - Real Estate BrokerNorma Toering & Team
Broker-Owner - Charlemagne International Properties
310.493.8333 - Email Norma

 

 

 

 

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PalosVerdesLifestyle - Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007.

  • Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs.
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  • As seen in the Daily Breeze newspaper.
  • Rancho Palos Verdes Top Real Estate Agent

Palos Verdes Homes Blog - Palos Verdes Houses
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Palos Verdes Luxury Homes - Beach Cities Homes - Income Property in the South Bay

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.

Comments

Norma Toering Broker for Palos Verdes and Beach Cities - Another excellent real estate update for the Palos Verdes, CA area!  You really have some of the most beautiful properties and area around!  Really enjoy the photos that you share!

Posted by Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com, Tahoe Real Estate Agent Helping Buyers and Sellers (Coldwell Banker, Tahoe City, CA (530) 414-1260) 10 months ago

Thanks, Laura!  There are sooo many Kodak moments on the Palos Verdes Peninsula.  I almost stopped traffic to take a photo of the coastline yesterday, but I noticed the car behind me was the type with lights and siren.  ;)

Posted by Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes & Beach Cities Homes in L.A. (Charlemagne International Properties) 10 months ago

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