Pacific Palisades Real Estate Market: July 2012 Updateby Hugh Evans on July 9, 2012
This month’s PT Market Stats are now available. Major indicators continue to confirm the improvement in the real estate market on the Westside, including Pacific Palisades.
Comparing this year’s activity to last in Pacific Palisades, the number of properties currently under contract are up over 15%. In addition, the number of properties pending have increased over 78%. Current inventory is down almost 30% which ultimately will lead to an upward pressure in values.
What’s your take on the Pacific Palisades real estate market? Do you have any questions about it? You can download this report and more by visiting the PT Market Stats website. Please let me know in the comments below!