Via la Selva

Valmonte Spring 2023 Market Update: Who forgot to turn on the market this year?

What we are seeing across many submarkets in the South Bay is even more extreme in Palos Verdes and in particular, Valmonte - Sellers aren’t selling.  It’s not that they are trying to sell and properties are just sitting, it’s that would-be-sellers aren’t even attempting to sell.  Meanwhile, there are plenty of buyers waiting in anticipation for the right home to come available so they can settle...

2018: Valmonte Real Estate Forecast – Are we in a bubble? What about taxes? And Should I Buy or Sell in 2018?

Spring greetings from our humble abode here in Valmonte.  After a bumpy start in the stock market, I write with the prospects of a great year ahead in both the overall economy, as well as the local real estate market.  The Valmonte real estate market is coming off a strong end to 2017, and a robust start to 2018.  In fact, in the last 24 months, no home in Valmonte has sold for less than $1,000,000! In...

The best Valmonte buys of 2015

  2015 went down as one of the better seller's markets in the last 20 years, and despite conditions being more favorable to sellers, there were still some great buys for some savvy home buyers this year.  Let's take a look at 3 homes that represent the best buys of the year.  To establish a baseline,  here are some of the averages for Valmonte homes sold in 2015. Average Sales Price:...

Valmonte Remains a HOT Market

Things aren't showing any signs of slowing down here in the Valmonte real estate market. In just the last few weeks we've seen most new listings go into escrow with multiple offers.  The sweet spot seems to be move-in ready homes under $1.6 million. Houses in need of significant repairs or updates seem to be lingering around longer until there is a notable price drop. In the last week we saw 3908 Via...

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