San Pedro closed the year in strong fashion. Although single family homes sales volume decreased by one unit, from 25 to 24, average price stayed relatively the same, dropping from $673k in November to nearly $668k in December.
Condominiums and Townhouse sales saw a significant increase in units sold, up to 22 from 15 in November. Volume sold increased by 30%, up from $6.3 million in November to over $9.4 million for December. Average price continues to bounce back after a sharp drop off from October ($450k) to November ($421k). December posted an impressive average condo/townhouse sale price of $428,000, which is the second highest average monthly sale price for condos/townhouses for all of 2017.
Stay tuned for our market review of 2017, coming in mid January!
The San Pedro housing market for April 2023 saw a decrease in the average sale price for homes, with inventory and interest rates falling slightly.
The Rancho Palos Verdes real estate market for April 2023 continues to experience an increase in the average sale price of homes, indicating that inventory
Despite the higher interest rates buyers face in today’s market, home prices seem to be on the rise again because there simply are not enough
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!
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