Palermo, CA

Palermo is a city located in the Southern California region. The population of Palermo was estimated to be around 116,000 people in 2016. Palermo is known for its Mediterranean climate and its beautiful architecture.

Real estate in Palermo is very popular due to its many amenities and its close proximity to major cities such as Los Angeles and San Diego. There are many different types of real estate available in Palermo, including single family homes, condos, townhomes, and apartments.

The median price of a home in Palermo was $447,500 in 2017. The average price of a home in Palermo has increased significantly over the past few years, reaching an all-time high of $619,000 in 2018. This indicates that there is strong demand for housing stock in Palermo.

One reason why real estate prices have been increasing so much in Palermo is because of the strong economy that the region has experienced over the past few years. Additionally, there are many new developments being built in Palermo which are contributing to increased demand for housing stock.