The real estate market in Palos Verdes in January 2009 was doing better than in January 2008, with sales of 18 single family residences (2008: 14), 5 condos (2008: 4) and 2 townhomes (2008: 1). Average sold price was 5.93% lower than the average list price (2008: 4.35%) and average number of days that those homes were on the market before they got sold was 85 (2008: 50).
The bottom line is every house can be sold if it is priced right.
For more information on Palos Verdes real estate, please contact me at Natasha@NatashaStewart.com or visit my website at http://www.natashastewart.com/.
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