Palos Verdes Real Estate

January 2018 Newsletter

         Dear Neighbor: Holy Smokes! I’m sure you are wondering what the real estate future holds.  A few things are clear to me:  the appreciation in home prices slowed significantly during the last half of 2017 (actually, I’m not sure there was any), though in an area of custom homes like much of the Peninsula, it difficult to put a hard number on it – average sale price, average sale price per square foot, number of sales all...Continue Reading!

November 2017 Newsletter

Dear Neighbor: The real estate market is kind of interesting right now – there aren’t many houses for sale partially because everything that hits the market at a reasonable price is sold within days.  The anecdotal feeling I have out here in the trenches is that prices haven’t increased much this year, at least in Palos Verdes.  I don’t want to sound like a broken record, but I still have the sense that the market has peaked.   Even something as simplistic...Continue Reading!

1108 Camino Real, Redondo Beach #505 — Sold in 3 days!

Top floor penthouse corner unit, has the be the best location in the complex, with a 180 degree view of PV and the coastline.  2 bedroom 2 bath 1045 square feet, light and airy with that cool ocean breeze.  Amenities include pool, weight room, sauna, ping pong, pool room, covered parking.  2 covered and secure parking spots.  Walk to shopping, restaurants, the beach!  Attractively priced at $525,000, so don't wait. [ngg_images source="galleries" container_ids="73" display_type="photocrati-nextgen_basic_thumbnails" override_thumbnail_settings="0" thumbnail_width="300" thumbnail_height="225" thumbnail_crop="1" images_per_page="20" number_of_columns="0" ajax_pagination="0"...Continue Reading!

September 2017 Newsletter

                                                                                                                                                   September, 2017 Dear Neighbor: The number of homes for sale in Palos Verdes has been gradually climbing.  This may be because some homeowners want to take advantage of the all-time high current prices for them, tho I’m sure those high prices also eliminate some of the buyers (the market has slowed somewhat).   For perspective, however, bear in mind that “inventory” levels have been near all-time lows in the past year or so, so they’re only up compared to that.  It remains...Continue Reading!