Incredible changes are occuring in demand patterns relative to supply leading me to conclude that prices will continue their upswing.
Take a look at this site and let me know if you're seeing the same thing. Let's have a discussion about this.
From March through the end of April plus a one stop shop for all homes for sale (updates live each time you visit)
This little post is directed for those that OWN Palos Verdes View homes. If you don't have one, feel welcome to continue reading but you can move on to one of my other blog posts. I should add that below is a LifeStyleFinder SpatialMatch map for the view homes here on Palos Verdes Peninsula, so even if you don't own any of the Palos Verdes View homes, maybe you will be curious about them enough to study them here.
Alrightly moving on. It never ceases to surprise me no matter how much I stand on the "pulpit" and shout out a warning about this, I will get a call from client that owns one of the beautiful Palos Verdes ocean view homes and says, "Ok George, sell it". Great. And you know when I get the call? Around June. And you know what the weather is like around June? Yeah, you go it ... they don't call it "June Gloom" for nothing!
2/25/2014 - 2/25/2015 Panoramic View Homes vs Non-View Homes
Average Selling Price Per Square Foot
Panoramic View Homes $643
Non-View Homes $556
Palos Verdes view homes that have panoramic views sell for about 16% more on a dollar per square foot basis, generally. And given the fact that the average panoramic view home sold in the last year was about 3600sqft, this type of view amounts to over $300,000.
Let me pause to ask you a question, given the internet's importance in marketing homes today, what is it that is the world's first impression of your home? Pictures!
So if we can't sell the feeling with great pictures of a property you own that happens to be one of the Palos Verdes view homes because you called me during June Gloom, you're going to leave money on the table for the buyer. I've seen this mistake repeated by sellers over my 35 years serving my clients here in Palos Verdes and around the South Bay.
So what's the solution? The answer is obvious, but I will let this video do the talking...
You will get a home value estimate, market trends and what's going in nearby cities. This video shows what you get. The home value is just a computer algorithm so make sure you get checks and balances from the "What's My Home Worth" tab at www.bestpalosverdeshomes.com.
You will get the number of days of absorption for the market, more stats on price per sqft trends, the median size of living area, lot size, trends for inventory. The inventory picture is great because knowing what the supply side is doing will help you price your home within the range more accurately to create value in the minds of buyers.
There's just a lot of great data which will help you become a more powerful buyer, seller and/or owner of real estate. http://www.bestpalosverdeshomes.com/palos-verdes-home-trends-report/
This home features 5 Bedrooms plus an office, Family Room, Dining Area all on ONE LEVEL. There's a pool and separate yard area large enough for children to kick around a soccer ball. Lot is all level.
As a bonus, the lot features a partial city light view that from a second story addition, would be a panoramic city light view. Palos Verdes view homes are rare and when combined with a one level floor plan and completely usable lot, create a coveted location.
The schools here in Palos Verdes are incredible, in fact Palos Verdes Peninsula High School, just a few blocks away from this home, is ranked in 58th of all high schools in the United States.
And there are incredible things to do here on the Palos Verdes Peninsula, from Trump National Golf Course, to Terranea - an international destination resort, over 70 miles of hiking and riding trails, enormouse acreage of nature preserves managed by the Palos Verdes Land Conservancy, and even nationally recognized theatre at the Norris - there no shortage of things to do with 5901 Waukesha central to all these locations.
I can't wait to show you this property! Contact me for your very own private appointment.
- Call Realty CompanyBroker, 1980 - presentServing investors, home buyers and home sellers throughout the South Bay and Palos Verdes areas. Expert implementation of hi-tech strategies incorporating cutting edge internet manipulation of search engine protocols which elevate clients' homes to greater exposure affecting faster sales, higher competition and minimizing stress for the client
- University of California, Los AngelesEcon & Psych, 19774 - 1979
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