Today, we are going to look at Rancho Palos Verdes real estate market trends February 2019 verse 2018. Everyone wants to know what is happening in the Rancho Palos Verdes housing market in 2019. So, I created a video at the bottom of our real estate blog post on the numbers just in case you want to watch the movie.
Sorry, no popcorn provided.
Comparison of 3 Areas in Rancho Palos Verdes for February 2019
The chart below covers a pricing breakdown of Rancho Palos Verdes, Palos Verdes Estates and Palos Verdes Peninsula. Depending on where you choose to invest in this area, this chart and the video below with give you some insights into the real estate market.
The current numbers reflect single family homes for sale in each of these areas for February 2019. All data was researched from the California Regional Multiple Listing Service and property tax records just like an appraiser would…not Zillow.com, which offers estimates.
|Real Estate Data|
|Rancho Palos Verdes||Palos Verdes Estates||Palos Verdes Peninsula|
|Average Selling Price||$1,310,630||$2,894,857||$1,694,375|
|Days on Market||64||62||108|
|Months of Supply||3.0||4.5||2.6|
|Price per Square Foot||$576||$777||$586|
|Percentage of Listed Price that Homes Sell at. 100% equals full price.||95.0%||93.70%||88.20%|
Video of Rancho Palos Verdes Real Estate Market February 2019 Statistics
If you want to know what is happening in the Rancho Palos Verdes real estate market February 2019, then watch this short video by Jay Valento of Realty ONE Group Diamond. I like to share with you the overall view of the housing prices so you can gather some wisdom to make good investment decisions.