Ante Perkov's blog

Selling your parents’ home is often a challenging and emotional process, especially when siblings are involved. The house is more than just property; it’s a place filled with shared memories and sentimental value. Having open and honest conversations with your siblings is crucial for making this transition smoother. Understand that each sibling may have different emotional attachments to the home. Some may see it as a sanctuary of childhood memories, while others may associate it with loss or change.

As of June 2024, there is a 3.9 Months Supply of Inventory in PVE. This past year has seen a +16.07% increase in inventory, with properties still selling over the asking price at 104.5% of the list price on average, indicative of continuing strong demand. The median Sold Price in Palos Verdes Estates is $3,976,500, with just under 4 months of supply of Inventory.

For a more detailed view on this community, check out the full report here:

The monthly supply of Inventory has increased by 71.54% over the last 12 months, with a current supply of 2.23 months, but that's up from historic lows. Despite high interest rates, the List to Sold Price percentage in San Pedro, California, is at 100.5%, showing strong demand and competitiveness in the market and median days on the market of just 13 days, sellers are seeing quick turnaround times on their listings if they are priced correctly - particularly for homes around the median price of $837,500.

Each month, we spotlight a different neighborhood where we've been helping families with their real estate needs. Rancho Palos Verdes is a coastal city in South Los Angeles County, California. It became a city on September 7, 1973, and has a population of 42,287. The city sits on the bluffs of the Palos Verdes Peninsula and is surrounded by Palos Verdes Estates, Rolling Hills, and Rolling Hills Estates. It's known for its beautiful nature preserves, hiking trails, great schools, and solid property values. It's a great place to enjoy the natural beauty of Southern California.

https://www.newsweek.com/map-us-cities-most-million-dollar-homes-1909128