Valmonte

Inventory Is Up, Price Growth Is Stalling, but Demand Remains

The 2017 second quarter numbers are in, and yes, life is still great in Valmonte.  For many of you reading this, I assume you currently live in Valmonte, and like I hear from many neighbors, you plan on leaving feet first or "in a pine box" as one neighbor so eloquently put it.  So what I'm about to tell you about house prices probably doesn't really matter that much.  For the rest of you that are...

Realistic Pricing? At Least for a Couple Months Anyway

2017 started off great.  13 homes sold in the first quarter within 97% of the asking price.  But, as in the past, sellers are starting to feel confident and as a result we are seeing "optimistic" pricing.  I don't blame sellers.  I, like many realtors, am an optimist (you sort of have to be in order to survive in this career).  We tell our clients "prices are rising," or  "there's no inventory!" and...

Palos Verdes Estates: Valmonte Home Prices Set a New Record in 2016!

As we near the end of the calendar year, we can clearly see that home prices have rebounded from market lows and have exceeded previous records set during the last peak.  For Palos Verdes Estates, Malaga Cove posted the highest year over year appreciation for the 4 areas (Valmonte, Malaga Cove, Monte Malaga, and Lunada Bay) with Valmonte not too far behind.  Here's how they stack up on a price per...

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