Properties on the Palos Verdes Peninsula are dropping in price after only 4 days on the market! Three of the 21 properties shown at Tuesday’s broker’s open houses on the Peninsula already dropped in price.

As of today there are 132 active properties for sale in the 90274 and 90275 zip codes ranging in price from $525,000 to $17,999,000. Of those listings, 28% have had price reductions. Click HERE to compare the inventory from two weeks ago.

In the weeks ahead we expect to see more inventory coming on the market, continued price reductions on existing listings and increased days on the market for most properties.

If you or a friend are looking to buy or sell in the next 3-6 months, or your current realtor isn’t actively managing your listing, call or text me today for a free consultation 310.308.4256 or schedule your consultation online HERE.

Erin Blakeslee DRE 01912347 Coldwell Banker Realty 310.308.4256