Real Estate Activity on the Palos Verdes Peninsula continues to be slow compared to a year ago, but inventory of homes for sale has decreased the last several months
23 homes were sold on the Palos Verdes Peninsula in November, an increase over October, but a significant drop in activity compared to the prior year.
The average price per sq. ft. paid for properties sold on the Palos Verdes Peninsula for the month of November had an uptick, and prices per sq. ft. have held relatively steady over the last year, and are down about 8% compared to the prior year
This market continues to be a great opportunity for buyers to purchase a bargain and finance it with record low interest rates.
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For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.
