There’s only one way to determine how any particular real estate market is doing and that is to understand the math in calculating the number of months of unsold inventory. A word of caution however, while the number for the most recent calculation is important, what is more important are the trends.
Are there higher highs and higher lows or are there lower highs and lower lows. The latter would suggest a market getting further and further out of balance with demand dominating supply thus affecting upward pressure on prices. The former would be the opposite result. Supply dominating demand would create downward pressure on prices. How is the Rancho Palos Verdes real estate market in the PVDrE area?
PVDrE Homes Unsold Inventory Index
So, bookmark this page as the chart presented here will update live each month What are the PVDrE homes now in escrow? Click here to learn which PVDrE homes real buyers right now have perceived as having value enough to offer on and buy. Interested in knowing how many REAL Palos Verdes home buyers are in the market right now searching for a home matching your home’s characteristics?
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Want to learn more about the Rancho Palos Verdes homes in the PVDrE real estate market such as demographics like income distribution etc? Click here and scroll down the demographics section
See below for those homes real buyers found to have value enough to offer on and buy. These, contrary to those unsold homes still for sale, are now in escrow.
Read the Minds of Real Buyers
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