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 sale.
However, there is no need to panic. Last January, only 28 homes sold, a difference only 4 compared to this year. We are still experiencing a shortage of inventory across the region. With the Fed showing signs of raising interest rates, we could see prices start leveling off. However, the lack of inventory will likely offset that.
Expect units sold to gradually increase over the next few months as we approach spring!
Rancho Palos Verdes Realtor Broker Associate Karen Anderson, along with her Real Estate Team, The Prestige Team, has been selling residential real estate in the South Bay, including Rancho Palos Verdes, San Pedro, and far beyond LA County, for over 27 years and is ranked in the top 1% of realtors in Rancho Palos Verdes. We specialize in transforming homes into impeccably presented real estate listings that command top dollar in the shortest amount of time!
Learn more about us below!
The Residential Purchase Agreement is 10 pages of terms and conditions that stipulate every aspect of the purchase, and we know exactly how to use them to your complete advantage!
As experienced Full-Service Realtors, we know how to leverage you buying and bargain power. Whether competing to get your offer accepted or negotiating repairs, our goal is to get you a great deal!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
Need help with decluttering? Whether you need a few boxes and an extra set of hands, have a house full of items that need to go, we have the resources in place ready to assist with your needs!
Schedule Management is crucial if you have a time frame in mind for the sale of your home. Let us use our experience to ensure every aspect of preparing your home for the market stays on schedule!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
As we enter October, the temperatures are (Hopefully) falling and the days are getting shorter, bringing with them all the wonderful family-friendly October events we
The Rancho Palos Verdes real estate market in September 2026 showed strengthening conditions compared with August 2026. Single-family activity recorded 33 closed sales, with median
The San Pedro real estate market in September 2026 showed strengthening conditions compared with August 2026. Single-family activity recorded 17 closed sales, with median pricing