So far this year Palisades homes are experiencing an increase in median prices and there have a dramatic increase in number of homes being sold year over year compared to last year
It has been nearly a full year since California implemented Covid pandemic safety measures As we all know most social and economic activities were brought to a halt and for several weeks much of our
So far this year 17 Palisades homes have sold compared with only 8 homes at the end of January 2020 and there are now 49 homes in escrow in the Palisades
The Huntington Palisades has seen a dramatic recovery in home values since the 2008 2011 market correction Fueled by a steady increase in demand prices have increased by approximately 100 in 10 years
Single Family Homes As of May 31st, there were 83 single-family Palisades residences listed in the Multiple Listing Service (M.L.S.), which is ▼11% lower than at the end of May 2020. So far this year
Single Family Homes As of September 1st, there were 71 single-family Palisades residences listed in the Multiple Listing Service (M.L.S.), which is ▼28% lower than at the start of September 2020. So far this year
As of September 30th 2021 75 single family Palisades residences were listed in the Multiple Listing Service M L S This inventory level is 32 lower than last year s September 30th available inventory <
As of August 1st there were 44 single family Palisades residences listed in the Multiple Listing Service M L S which is 46 lower than at the start of August 2021
Single Family Homes As of June 30th, 2022, 39 single-family Palisades residences were listed in the Multiple Listing Service (M.L.S.). The current level of inventory is 58% lower than last year’s June 30th available inventory.
Measure ULA recently passed in Los Angeles resulting in an increased transfer tax for property sales over $5 million beginning April 1 2023 It may be beneficial for property owners to sell before April 1
The real estate market in the Palisades has seen almost continuous increases in property values for the past 10 years with prices increasing by nearly 1 5 per month over the last 3 years There