This Palos Verdes Real Estate Trends page will be updated monthly on the last day of each consecutive month. Before you start digging in, please take a moment to click the drop down arrow at the “Palos Verdes Real Estate Trends” link under the “Seller & Buyer Tips” tab. As time goes on, more and more articles will appear here. So on with the show, just

How Is The Palos Verdes Real Estate Market?

This page meanwhile, will expand with information over time so check back in every month to monitor the Palos Verdes Real Estate Trends. As they say, “…the only constant thing in life is change…”. This page will be vitally important to both Buyers and Sellers of Palos Verdes homes. It will give you insight based on economic principles to help you position your offer if you’re a buyer or price your home for success if you’re a seller of Palos Verdes homes.

Using the “Contact” form at the bottom of this Palos Verdes Real Estate Trends page, you can book an appointment with for a “Go To Meeting” or “Coffee Date” or Office meeting to discuss these trends and what they might mean for your home. There’s no obligation and I offer interpretive analysis services as part of my customer service to earn your business. Studying the Palos Verdes Real Estate Trends is more than just observing whether prices are up or down. Why are they moving the way they’re moving? Bottom line, it’s always and only about supply and demand.

That’s it. But how we look at supply and demand makes all the difference in the world to whether you’re going to over price or under price Palos Verdes homes for sale. And the same applies for Buyers. Understanding not only the “what” but the “why” will help you be aggressive in your offer (up or down actually) so that you win the property you really want. I keep over 20 charts most dating back to the early 90s, some updated weekly, some monthly and a couple annually. Use this link to gain access to ALL the Palos Verdes Real Estate Trends; however, the file is password protected and you will need to contact me via email to provide me your name and cell number. Access is for existing clients and those that are seriously and honestly considering to become a client of mine. You can understand the decades of work product that has gone into this. Let’s get right to it then, shall we…

Palos Verdes Real Estate Trends       

Time Period  Palos Verdes Estates (Days to Sell Existing
Supply)
 
Listing Volume Pending Volume %Change Listing Volume (Supply) Same Time Period Last
Year
%Change Pending Volume (Demand) Same Time Period Last
Year
Change in Unsold Inventory Index from Last
Period
% Change in Unsold Inventory Index from Same Period
Last Year
5/1/2016-10/31/2016                        288 139 87
4/1/2017-9/30/2017                        252 140 100        
5/1/2017-10/31/2017                        239 125 94 -10.07% 8.05% -5.02% -16.77%
               
Time Period  Palos Verdes Peninsula (Days to Sell Existing
Supply)
 
Listing Volume Pending Volume %Change Listing Volume (Supply) Same Time Period Last
Year
%Change Pending Volume (Demand) Same Time Period Last
Year
Change in Unsold Inventory Index from Last
Period
% Change in Unsold Inventory Index from Same Period
Last Year
5/1/2016-10/31/2016                        286 524 330
4/1/2017-9/30/2017                        241 529 395        
5/1/2017-10/31/2017                        239 479 361 -8.59% 9.39% -0.92% -16.44%
               
Time Period  Greater South Bay Unsold Inventory (Days to Sell
Existing Supply)
 
Listing Volume Pending Volume %Change Listing Volume (Supply) Same Time Period Last
Year
%Change Pending Volume (Demand) Same Time Period Last
Year
Change in Unsold Inventory Index from Last
Period
% Change in Unsold Inventory Index from Same Period
Last Year
5/1/2016-10/31/2016                        233 4799 3715
4/1/2017-9/30/2017                        214 4839 4073        
5/1/2017-10/31/2017                        209 4624 3980 -3.65% 7.13% -2.21% -10.06%
               
Time Period  Rancho Palos Verdes Unsold Inventory (Days to Sell
Existing Supply)
 
Listing Volume Pending Volume %Change Listing Volume (Supply) Same Time Period Last
Year
%Change Pending Volume (Demand) Same Time Period Last
Year
Change in Unsold Inventory Index from Last
Period
% Change in Unsold Inventory Index from Same Period
Last Year
5/1/2016-10/31/2016                        258 337 235
4/1/2017-9/30/2017                        225 328 262        
5/1/2017-10/31/2017                        230 312 244 -7.42% 3.83% 2.14% -10.83%
               
Time Period  Rolling Hills Estates Unsold Inventory (Days to Sell
Existing Supply)
 
Listing Volume Pending Volume %Change Listing Volume (Supply) Same Time Period Last
Year
%Change Pending Volume (Demand) Same Time Period Last
Year
Change in Unsold Inventory Index from Last
Period
% Change in Unsold Inventory Index from Same Period
Last Year
5/1/2016-10/31/2016                        272 59 39
4/1/2017-9/30/2017                        254 72 51        
5/1/2017-10/31/2017                        268 61 41 3.39% 5.13% 5.39% -1.65%
               
Time Period  Rolling Hills Unsold Inventory (Days to Sell Existing
Supply)
 
Listing Volume Pending Volume %Change Listing Volume (Supply) Same Time Period Last
Year
%Change Pending Volume (Demand) Same Time Period Last
Year
Change in Unsold Inventory Index from Last
Period
% Change in Unsold Inventory Index from Same Period
Last Year
5/1/2016-10/31/2016                        630 28 8
4/1/2017-9/30/2017                        332 24 13        
5/1/2017-10/31/2017                        315 21 12 -25.00% 50.00% -5.21% -50.00%
               

Palos Verdes Real Estate Trends – Check the following charts.  Do you see a predictive component?  Use the contact me popup to discuss or sign up for my proprietary charts.

 

Now that you’ve had a chance to see the trends from my proprietary charts here’s where you get to predict what happens next.  Take a couple of questions and let me know where you think the market is going…

 




 



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