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. It’s all about supply and demand!

What will a buyer pay for my home and how many buyers are searching for a home like mine?

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.

Accepted practice marking the division between Buyers’ and Sellers’ market is 5 months. Check in each month to get the latest changes; the chart will update live. Hover your mouse over the trend line to see the exact value



So, bookmark this page as the chart presented here will update live each month

What are the Peninsula Center homes now in escrow? Click here to learn which Peninsula Center homes real buyers right now have perceived as having value enough to offer on and buy.

Interested in knowing how many REAL Palos Verdes real estate buyers are in the market right now searching for a home matching your home’s characteristics? Click here for this new service not available through any other agent in the South Bay https://www.palosverdeshomesbest.com/home-valuation

Want to learn more about the Rancho Palos Verdes homes Peninsula Center Market such as demographics like income distribution etc? Click here and scroll down the demographics section

I want to make sure you're using at least one of these two utilities; it's important because …

  • they are cutting edge in each of their categories and

  • they will help you be a smarter, more informed buyer, seller or owner of real estate.

  • The second one's importance is not so much the "value" component (let's be honest, how accurate can a computer algorithm really be when nuancing "view", "condition", "micro-location" and/or "lot utility" variables), …

  • rather the importance in the results of the "big data" tech that informs you how many REAL buyers are actually searching NOW for a home matching your home's characteristics! No other broker can do this for you and pay PLENTY to bring this service to my clients!

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