Rancho Palos Verdes Real Estate Market Watch: May 2018

Summer is upon us and the numbers are in for Rancho Palos Verdes! A quick overview shows a noticeable jump in sales, 48 transactions, compared to 41 in April. Although average price dropped on single family homes, days on market followed suit which is always a good indicator for demand. Condos and townhouses saw a […]

Real Estate Market Watch: Rancho Palos Verdes – April 2018

Another month in the books! Lets take a look April’s numbers! RPV had solid numbers for the month of April. Single Family Home sales saw increases across the board, pushing the average sale price into the $1.6M range where it was prior to a low average we experienced in March! Days on market did increase […]

Real Estate Market Watch: Rancho Palos Verdes – March 2018

Easter has come and gone, spring is here, and the sales numbers are in for March! Rancho Palos Verdes had a great month! Single Family Resident houses increased across the board with the exception of average price, which dropped significantly due to a few sub-million dollar sales Eastview; one of which was a major fixer […]

Real Estate Market Watch: Rancho Palos Verdes – February 2018

Another month down! Feels like it was just January and now we’re in March!  Here are the sales numbers for Rancho Palos Verdes (RPV) for the month of February: RPV experienced green arrows across ALL but one field for February. Single Family Residences (SFR) increased by 4 units, up to 25, and volume sold jumped […]

Real Estate Market Watch: Rancho Palos Verdes – January 2018

One month of the new year is already in the books!   Let’s take a look back at what happened in January 2018: Rancho Palos Verdes experienced a significant pull back in sales compared to December. The only metric that increased was average price of condos, which is actually skewed because of a $1.6M condo […]

Real Estate Market Watch: Rancho Palos Verdes – December 2017

Happy 2018! The sales numbers are in for December 2017! Rancho Palos Verdes experienced a HUGE jump in sales for the month of December. Single Family Residences saw a huge jump in units and volume sold. In November, 18 units sold with a total sales volume of $27 million and an average sale price of […]

Real Estate Market Watch: Rancho Palos Verdes – November 2017

The numbers are in for November! As a whole, RPV Single Family Residences (SFR) sales went from 38 in October to 18 in November, while average sale price increased to over $1.53M from $1.44M in October. Days on market stayed the same at 38. Inventory is still not enough to keep up with demand, which is […]

Real Estate Market Watch: Rancho Palos Verdes – June 2017

Here are the numbers for June 2017: RPV as a whole had a great month. Number of units sold for Single Family Residences (SFR) are reaching their peak figures with 60 units. Average sale price is over $1.4M, with an average days on market of only 29 days.   Condos/Townhouses were on the low side […]

Real Estate Market Watch: Rancho Palos Verdes – July 2017

  The numbers for July are in! RPV as a whole saw increases in almost every category. Single Family Residences (SFR)  average sale price was $1,708,935 for July compared to  $1,457,975 in June. Although units sold decreased by 8 units, volume sold stayed relatively the same. We did experience more days on market, up to […]

Real Estate Market Watch: Rancho Palos Verdes – August 2017

  Here are the RPV numbers for the month of August: RPV as a whole experienced a significant drop in volume sold for both Singe Family Residences (SFR) and Condos/Townhouses. SFR saw a pull back in average sale price in August, down from $1,708,935. Units sold also dropped from 52 units in July to just 34 in August. […]