Palos Verdes Real Estate Trends October 2019

Palos Verdes Real Estate Trends October 2019


hi everybody this is george fotion of call
realty best palos verdes homes and pretty quick video here i just want to review one
of my month end charts that is fairly telling of the market and that is this one for the
entire south bay area what i do here is i take the average sale prices of this month
relative to the previous year’s same month so the last month was september of 2019 what
was the average sale price of a home in the south bay in september 2019 vs 2018 and then
i track that change over time and we can see that during the recession of 2000 prices did
drop a little that change was felt but wow in 2008 when the debacle of that time happened
you can see how profound the changes were and we’re seeing a little bit of a change
here too so you can come to this site and get caught up on a lot of supply and demand
factors and after all as we know supply and demand are the only things affecting sale
price that it it’s the balance between supply and demand so scroll down and take a look
and give me a call if you have any questions and i’m happy to set up a screen share and
enjoy the rest of my charts alright bye for now thanks for watch follow me on https://g.page/homeispv
or search for homes at www.search.palosverdeshomesbest.com and call me at 424-226-2147

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