The Supply of Condos and Townhomes on the Palos Verdes Peninsula available for sale is Down Significantly. The number of condos and townhomes listed for sale is down 46% from its peak in March of this year. With the decrease in supply, the number of condos and townhomes sold has also dropped , however the 15 pending sales as of the end of October portend an increase in reported sales for November.

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Oct. 11 Sep. 11 % Change Oct. 11 Oct. 10 % Change Aug. 11 to Oct. 11 Aug. 10 to Oct. 10 % Change
For Sale 48 53 -9.4% 48 76 -36.8% 53 75 -29.3%
Sold 4 9 -55.6% 4 11 -63.6% 9 11 -18.2%
Pended 15 13 15.4% 15 9 66.7% 12 9 33.3%
The price per square foot of condos and townhomes sold on the Palos Verdes peninsula for the month of
October did show an increase.

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