By Keith Kyle
Just when it started to appear that inventory was finally on the rise, it quickly peaked and dropped down to very low levels once again. The chart below shows all the South Bay and Palos Verdes areas for the past year. We saw a peak in July wth 1,726 active homes for sale, but have steadily declined since and are not nearing the low point of last December. Inventory generally picks up after December and hopefully the general trend of inventory steadily rising until mid summer continues. The housing market chart for just El Camino Village and Bodger Park is at the bottom of the page.
Housing market trends for El Camino Village and Bodger Park were slightly more balanced. That was due more to the limited number of homes in the area which makes for a much smaller sample size.