Sales of Palos Verdes real estate for November 2019 increased compared to last month ( 61 Palos Verdes houses sold in November vs 50 homes sold in October).

There were 60 pending sales of Palos Verdes Homes in November which decreased from the 66 homes pending in October. 

Average sales price for Palos Verdes homes sold in November went down slightly at $1,647,000 compared to $1,663,000 in October,

Average days on market in November decreased to 46 days from 68 days in October. 

Months of inventory (months it would take to sell existing inventory at the current rate of sale) decreased to 2.9 months in November for Palos Verdes homes for sale compared to 4 months in October. (Normal markets consist of 6 months of inventory.)

Currently, there are 170 single family Palos Verdes homes for sale.