Southern California Real Estate Trends

This blog post is written as a preview for Southern California real estate trends and yet it does focus on one of the more if not the most important metrics anyone should be studying when trying to figure out what the market is doing and where prices might be trending.

SUPPLY AND DEMAND

What we’re going to be looking at here are the numbers from the CRMLS for the South Bay area of Southern California.  This comprises Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, San Pedro, Hawthorne, Lawndale, Lomita and Habor City.

Southern California Real Estate Trends

For the first time in a very long time, the balance between supply and demand has shifted strongly positive.  As you can see in the video, most of the time, the number is in varying stages of negative territory.  This makes sense, even in very good markets as there will always be evidenced in the Southern California Real Estate Trends, sellers that over price their homes and which never sell.

Real Estate is a commodity like anything else and in the second chart in the video you can see what’s happening to the absorption rate.  The absorption rate as I calculate it for Southern California real estate trends is an other proprietary supply/demand based metric that I use to measure market strength.

So what are the absorption rate trends and the balance of supply/demand trends telling us about the likely path of South Bay home prices?  If you would like to receive my full reports (includes over 20 proprietary charts, most updated weekly, some monthly and annually), please complete the form below

Of all the Palos Verdes homes in escrow now, what are the highest in demand Palos Verdes home values?

southern california real estate trends

With 52% of the Palos Verdes homes in escrow now within the 1,000,001 – $1,500,000 price range, at least for the Palos Verdes portion of Southern California Real Estate trends, here are the homes now for sale in this price range (this section will update live each time you visit with the latest listings sorted by listed date)

* Separate multiple values with comma.

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$1,295,000 - 2Br/3Ba -  for Sale in Rancho Palos Verdes
$1,295,000
New
MLS# NP17144432

3027 Crest Road
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,270,000 - 3Br/2Ba -  for Sale in Palos Verdes Estates
$1,270,000
New
MLS# SB17144005

4117 Via Picaposte
Palos Verdes Estates, CA 90274

Property Type Single Family Residence
$1,199,000 - 3Br/2Ba -  for Sale in Rancho Palos Verdes
$1,199,000
New
MLS# PV17141151

28244 Trailriders Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,475,000 - 4Br/3Ba -  for Sale in Palos Verdes Peninsula
$1,475,000
New
MLS# 17243812

27515 Rainbow Ridge Road
Palos Verdes Peninsula, CA 90274

Property Type Single Family Residence
$1,399,000 - 3Br/3Ba -  for Sale in Rancho Palos Verdes
$1,399,000
New
MLS# PV17139175

26373 Silver Spur Road
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,300,000 - 5Br/3Ba -  for Sale in Rancho Palos Verdes
$1,300,000
New
MLS# SB17138124

29135 Warnick Road
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,449,000 - 4Br/2Ba -  for Sale in Palos Verdes Estates
$1,449,000
New
MLS# PV17135558

4204 Via Nivel
Palos Verdes Estates, CA 90274

Property Type Single Family Residence
$1,499,000 - 5Br/3Ba -  for Sale in Rancho Palos Verdes
$1,499,000
New
MLS# PV17135694

27902 Longhill Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,198,000 - 4Br/2Ba -  for Sale in Rancho Palos Verdes
$1,198,000
New
MLS# SB17133289

3419 Deluna Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,100,000 - 3Br/2Ba -  for Sale in Rancho Palos Verdes
$1,100,000
MLS# WS17129652

4912 Delacroix Rd
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,199,000 - 3Br/3Ba -  for Sale in Rancho Palos Verdes
$1,199,000
MLS# SB17127021

5057 Silver Arrow Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,380,000 - 5Br/3Ba -  for Sale in Rancho Palos Verdes
$1,380,000
MLS# SB17124813

29350 Quailwood Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,495,000 - 3Br/3Ba -  for Sale in Palos Verdes Peninsula
$1,495,000
MLS# OC17124684

27252 Eastvale Road
Palos Verdes Peninsula, CA 90274

Property Type Single Family Residence
$1,459,000 - 5Br/3Ba -  for Sale in Rancho Palos Verdes
$1,459,000
MLS# PV17122230

5818 Sunmist Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,389,000 - 4Br/2Ba -  for Sale in Rolling Hills Estates
$1,389,000
MLS# PV17125166

26051 Marina Drive
Rolling Hills Estates, CA 90274

Property Type Single Family Residence
$1,499,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,499,000
MLS# PV17122659

30338 Via Borica
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,358,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,358,000
MLS# PW17119005

3508 Vigilance Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,479,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,479,000
MLS# WS17119823

2457 Rue Le Charlene
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,499,000 - 5Br/4Ba -  for Sale in Rancho Palos Verdes
$1,499,000
MLS# PV17119182

4892 Elkridge Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,450,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,450,000
MLS# SB17118731

5677 Mistridge Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,338,000 - 5Br/3Ba -  for Sale in Rancho Palos Verdes
$1,338,000
MLS# PV17117007

28405 Trailriders Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,425,000 - 4Br/4Ba -  for Sale in Rancho Palos Verdes
$1,425,000
MLS# PV17118498

4333 Via Frascati
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,249,000 - 3Br/2Ba -  for Sale in Rancho Palos Verdes
$1,249,000
MLS# SB17114026

28702 Lomo Dr
Rancho Palos Verdes, CA 90505

Property Type Single Family Residence
$1,349,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,349,000
MLS# SB17111402

5672 Sunmist Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,499,000 - 3Br/2Ba -  for Sale in Palos Verdes Estates
$1,499,000
MLS# SB17106779

3432 Via La Selva
Palos Verdes Estates, CA 90274

Property Type Single Family Residence
$1,075,000 - 3Br/2Ba -  for Sale in Rancho Palos Verdes
$1,075,000
MLS# PV17105011

5508 Manitowac Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,185,000 - 4Br/2Ba -  for Sale in Rancho Palos Verdes
$1,185,000
MLS# PV17101204

27539 Longhill Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,250,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,250,000
MLS# PV17119240

2727 Calle Aventura
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,450,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,450,000
MLS# PV17099071

2721 Coral Ridge Road
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,149,000 - 4Br/2Ba -  for Sale in Rancho Palos Verdes
$1,149,000
MLS# PV17099195

3538 Bendigo
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,295,000 - 4Br/2Ba -  for Sale in Rancho Palos Verdes
$1,295,000
MLS# PW17120983

6836 Abbottswood Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,440,000 - 3Br/2Ba -  for Sale in Palos Verdes Estates
$1,440,000
MLS# SB17093547

3329 Palos Verdes Drive N
Palos Verdes Estates, CA 90274

Property Type Single Family Residence
$1,299,900 - 4Br/3Ba -  for Sale in Rolling Hills Estates
$1,299,900
MLS# PV17092838

9 Sunnyfield Drive
Rolling Hills Estates, CA 90274

Property Type Single Family Residence
$1,499,000 - 4Br/3Ba -  for Sale in Palos Verdes Estates
$1,499,000
MLS# SB17087039

1641 Cataluna Place
Palos Verdes Estates, CA 90274

Property Type Single Family Residence
$1,150,000 - 4Br/2Ba -  for Sale in Rancho Palos Verdes
$1,150,000
MLS# PV17084764

2830 San Ramon Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,250,000 - 3Br/2Ba -  for Sale in Rolling Hills Estates
$1,250,000
MLS# SB17073978

2215 Potrillo Road
Rolling Hills Estates, CA 90274

Property Type Single Family Residence
$1,225,000 - 5Br/3Ba -  for Sale in Rancho Palos Verdes
$1,225,000
MLS# PV17093264

4818 Elkridge Drive
Rancho Palos Verdes, CA 90275

Property Type Single Family Residence
$1,295,000 - 3Br/2Ba -  for Sale in Palos Verdes Estates
$1,295,000
MLS# PV17019894

3721 Palos Verdes Drive North
Palos Verdes Estates, CA 90274

Property Type Single Family Residence


Get the latest real estate trends from Manhattan Beach homes south through the Palos Verdes homes markets


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