Rolling Hills CA Real Estate Snapshot September 2018

By | September 10th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes most expensive homes, Rolling Hills Horse Property, Rolling Hills Market Report|

Rolling Hills enjoyed an uptick in real estate activity during the past 30 days or so. Last month, 34 RH properties were for sale; The arrival of September found 25 Rolling Hills residences listed for sale on the Multiple Listing Service. The number of homes in escrow with accepted offers jumped from four to eight as well. That's significant movement, and enough to move market indicators from a neutral market to teetering on the edge of a seller's market. The median price for Rolling Hills homes is $3.3 mm with 50% of the homes selling under that price and 50% selling at a higher price.   There are often market shifts as we move from the spring and summer months. Some sellers elect to take a property off the market if it did not sell; other sellers opt for a price reduction to stimulate new interest in their property. These [...]

Palos Verdes Estates Real Estate Snapshot September 2018

By | September 6th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report|

Are you wondering about the strength of the real estate market in PVE? If you only have a few seconds to determine the answer, here is the Palos Verdes Estates single family homes real estate snapshot for September 2018: The Palos Verdes Estates market is still strong, but as indicated by my Little Yellow Slider, it's inching its way toward a neutral market favoring neither the seller nor the buyer.   More Palos Verdes Peninsula single family homes real estate snapshots for September 2018: The luxury market for homes priced at or above $3,000,000 gained momentum last month based on a slight reduction in inventory and an uptick in the number of homes in escrow with accepted offers. Rolling Hills benefited from these changes since the majority of the properties for sale fall into the luxury price range. For more information about a particular neighborhood of interest or for help [...]

Palos Verdes Luxury Homes Market Snapshot Sept 2018

By | September 5th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, selling your palos verdes luxury home, Seniors Selling Primary Residence, South Bay of Los Angeles Homes For Sale|

  The Palos Verdes luxury home market experienced a noticeable uptick in activity at the close of summer with a few homes going off the market and the number of high-end homes in escrow nearly doubling.  With those numbers, my Little Yellow Dot indicates the luxury home market is still favoring buyers, but moving closer toward a neutral market favoring neither the seller nor the buyer.   The Rolling Hills market (primarily high-end properties) reflects a similar shift due to a reduction in the number of homes for sale, and an increase in the number of residences in escrow with accepted offers. There are 62 Palos Verdes luxury homes listed for sale. Nine Palos Verdes luxury residences are in escrow with accepted offers. 38 PV luxury properties priced over $3,000,000 have sold thus far in 2018. More Palos Verdes Market Snapshots for September 2018: If you would like to know [...]

Palos Verdes Single Family Homes Snapshot Sept 2018

By | September 4th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes top real estate agents|

  September is here, and I love the cooler mornings and evenings. There seems to be some cooling happening in the local single-family homes real estate market, too. Is it weather related? Maybe, but with back-to-school and a three-day weekend, it's difficult to pinpoint the reason. Most likely, it's an aging seller's market operating with a lower buyer demand--supply and demand define the market, and the Palos Verdes single-family real estate market is approaching a neutral market favoring neither the seller nor the buyer. Inventory is remaining steady with 216 Palos Verdes single family homes listed for sale. That's the same number as last month. There are 68 PV homes in escrow (80 last month) with accepted offers, and 469 Palos Verdes single-family homes have sold thus far in 2018. Othe Palos Verdes real estate market snapshots for September 2018: For more details about the local real estate market in [...]

Rolling Hills Estates and PVP Real Estate Snapshot Aug 2018

By | August 23rd, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes Horse property, Rolling Hills Estates Report, Selling your Palos Verdes Home|

A PVP peacock is pecking on my leg. Yes, there are peacocks in Palos Verdes! Palos Verdes Real Estate Snapshot for August 2018. A post shared by Norma Toering l Real Estate (@normatoering) on Aug 7, 2018 at 10:33am PDT If you live or are contemplating purchasing a home in Rolling Hills Estates or the unincorporated area of the Palos Verdes Peninsula, my Little Yellow Dot will give you a market update at a glance.  How easy was that? No graphs and charts to decipher or a lengthy analytical synopsis of the local real estate conditions.  :)  However, I can provide more details if wanted or needed. There are 26 single-family homes listed for sale in RHE and PVP. Eight residences are in escrow with accepted offers, and 48 Rolling Hills Estates and Palos Verdes Peninsula single-family homes have sold thus far in 2018. The aging seller's market [...]

Rolling Hills Homes Market Snapshot Aug 2018

By | August 20th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes most expensive homes, Palos Verdes top real estate agents, Rolling Hills Horse Property, Rolling Hills Market Report, Seller Tips|

Even the horses have views in Rolling Hills. Rolling Hills has 34 properties for sale, four in escrow with accepted offers, and 12 Rolling Hills residences have sold thus far in 2018. Supply outstrips demand in the Rolling Hills real estate market, and this imbalance indicates a strong buyer's market. However, due to an uptick in the number of homes in escrow, my Little Yellow Dot slider shows the buyer's market is inching toward a neutral market favoring neither the seller nor the buyer as summer draws to a close. Other Palos Verdes real estate market snapshots for August 2018: Palos Verdes Real Estate Snapshot for August 2018. A post shared by Norma Toering l Real Estate (@normatoering) on Aug 7, 2018 at 10:33am PDT We have a seasoned seller's market in Palos Verdes, and August 2018 statistics reveal some cooling of local real estate conditions. For more [...]

Palos Verdes Estates Real Estate Snapshot August 2018

By | August 15th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes most expensive homes, Palos Verdes top real estate agents|

There are 54 Palos Verdes Estates single-family homes listed for sale per the local Multiple Listing Service. This number has remained in the 50 to 60 range for the past several months. These consistent statistics indicate Palos Verdes Estates homes are being listed and sold at a rate that keeps supply and demand balanced. My "Little Yellow Dot" points to a stable market, but with some cooling and movement toward a neutral market in the Palos Verdes Estates single-family real estate market. 18 Palos Verdes Estates single-family homes are in escrow with accepted offers. 116 Palos Verdes Estates single-family homes have sold thus far in 2018.   Other Palos Verdes single family homes snapshots for August 2018: Need more info about a neighborhood or city in Palos Verdes? Contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Palos Verdes Real Estate Snapshot for August 2018. A post shared by Norma Toering [...]

Most Expensive Redondo Beach CA Luxury Homes 2018

By | August 13th, 2018|Beach City Luxury Homes, Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes|

I'm checking in on Redondo Beach's luxury home market listings and sales as the summer of 2018 winds down. The most expensive single-family home currently listed for sale in Redondo Beach is on the Esplanade, and that's a cool location to be when the temperatures soar. The 9000+ Sq. Ft. oceanfront residence is listed for $14,200,000. The most expensive sale thus far in 2018 was an oceanfront compound (two houses) that sold for $22,650,000. As expected, the oceanfront properties continue to draw top dollar in the Redondo Beach coastal luxury market. After all, there is a limited supply of oceanfront properties.  

Palos Verdes Luxury Homes Market Snapshot August 2018

By | August 10th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  The luxury home market for homes priced over $3,000,000 on the Palos Verdes Peninsula showed a slight uptick in accepted offers, but the market continues to favor buyers due to the number of luxury homes listed for sale in comparison to the number of homes sold. Supply far outstrips demand in the high-end real estate market on the Palos Verdes Peninsula. However, there are seven Palos Verdes luxury homes priced over $3,000,000 in escrow with accepted offers, but 67 luxury properties are actively for sale. 34 Palos Verdes luxury homes ( $3 mm+) have sold thus far in 2018. The most exciting happening in the Palos Verdes luxury home market in July was a residence in Rolling Hills listed for $40,000,000 went under contract. I'll continue to watch that one for a closed sale price. If the final sale price is anywhere near the asking price it will set a new [...]

Palos Verdes Single Family Homes Snapshot August 2018

By | August 9th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes top real estate agents|

  Palos Verdes Real Estate Snapshot for August 2018. A post shared by Norma Toering l Real Estate (@normatoering) on Aug 7, 2018 at 10:33am PDT It's been a sizzling summer on the Palos Verdes Peninsula, but the temperature of the local real estate market has cooled as the thermometer headed skyward. April's market slider was 1.8 on my Little Yellow Dot sliding scale; August comes in at 2.7 by the same measurement. This change translates to a slight move toward a balanced market favoring neither the seller nor the buyer. However, we are still in a seller's market albeit a weakening one. The spring market compared to the summer market of 2018:   There are 216 single-family homes for sale on the Palos Verdes Peninsula. This number is a slight increase over last month's inventory. 80 Palos Verdes single family homes are in escrow with accepted offers. 403 Single-family Palos Verdes [...]