Rancho Palos Verdes Real Estate Snapshot August 2018

By | August 22nd, 2018|Charlemagne Int'l Properties, Palos Verdes Coastal Homes, Palos Verdes Homes with Pools, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Rancho Palos Verdes continues to be the hottest market on the hill, per my Little Yellow Dot market slider, with 107 single family homes for sale and 51 single family residences in escrow with accepted offers. 228 Rancho Palos Verdes single family homes have sold thus far in 2018.   Other Palos Verdes Peninsula Real Estate Snapshots for August 2018: Rolling Hills and the $3 mm and up luxury market both gained some heat during the summer months. However, those markets remain in a buyer's market with a slight move toward a neutral market. 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 Want more information about your neighborhood? Contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

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 [...]

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 [...]

Will Millennials Buy Big Boomer Houses?

By | July 30th, 2018|Beach City Luxury Homes, Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Seller Tips, Selling your Palos Verdes Home, Seniors Selling Primary Residence|

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 Since I make it a habit of following real estate trends, I've been wondering who will buy the baby boomers' big houses when it's time for them to downsize.  I'm sure you've seen trending articles stating Millennials do not want the family china, antiques, and other stuff filling their parents' home. The big question is, will they want to move into the family home, or purchase one of their choosing? Perhaps smaller and closer to the urban center--time will tell. The giant boomer generation owns two out of every five homes in the United States. Let that statistic sink in for a few moments. That's 32 million homes. Here's the article I'm quoting if you would like to delve deeper. Urban living is popular with [...]

Rancho Palos Verdes Real Estate Snapshot July 2018

By | July 14th, 2018|Charlemagne Int'l Properties, Palos Verdes Coastal Homes, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Seller Tips, Selling your Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Thinking of selling or buying in 2018? It's not too late to catch the wave! I'm sipping a tall glass of iced sun tea as I write this on a hot and humid Saturday morning. July's heat is more than making up for our cooler than usual June! Does weather affect the Palos Verdes real estate market? Yes, but not nearly as much as in other parts of the U.S. Once in a while I will have a showing cancellation due to extreme heat, but those are rare. Many homes have air conditioning or ocean breezes--sometimes both, making touring houses comfortable except on triple-digit heat days. Rancho Palos Verdes real estate market seems to be tolerating the heat wave just fine. Once again it remains the "hottest" real estate market on the Hill, beating out Palos Verdes Estates by a small margin. There are 100 single family homes [...]

Palos Verdes Luxury Homes Snapshot July 2018

By | July 12th, 2018|Charlemagne Int'l Properties, 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|

Last week's triple-digit heat wave reminded me how thankful I am to live in a coastal community. I don't know about other agents, but my client and I braved the weekend heat wave and toured several Palos Verdes homes for sale. Weather rarely deters a determined buyer (and their agent), but temperatures in the 90s, an unrelenting sun, and houses with no air-conditioning did call for several bottles of water and a shade break or two.  :) The luxury home market is experiencing increased inventory and shrinking sales. There are 65 Palos Verdes luxury homes priced over $3,000,000 listed for sale and only 5 in escrow. At the rate of current absorption, there is over a year's supply of Palos Verdes luxury residences for sale. 32 Palos Verdes luxury homes have sold year-to-date. Market snapshot for all Palos Verdes single family homes: Market snapshots by Palos Verdes location:   Palos Verdes [...]

Palos Verdes Real Estate Snapshot July 2018

By | July 11th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with Pools, Palos Verdes Homes with view, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence|

    Hot weather, firecrackers and sky-high temperatures have not taken the sizzle out of the local Palos Verdes real estate market. Although inventory is up slightly with 219 single family homes for sale, the market is firmly embedded in a still strong seller's market. 87 Palos Verdes single family homes are in escrow with accepted offers, and 342 residences have sold year-to-date in Palos Verdes.   Palos Verdes real estate snapshots by the city: Palos Verdes luxury home snapshot ($3mm+): Both the luxury market and Rolling Hills have increased inventory and sluggish sales. This imbalance moved those markets into a strong buyer's market. Palos Verdes Real Estate Report July 2018 #palosverdes #realestate #charlemagneinternationalproperties #normatoeringrealestatebroker #whatsmyhouseworth #sellmyhouse A post shared by Norma Toering l Real Estate (@normatoering) on Jul 10, 2018 at 3:53pm PDT Selling Palos Verdes Properties Since 1992

Rolling Hills Estates and PVP Real Estate Snapshot June 2018

By | June 13th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes top real estate agents, Rolling Hills Estates Report, Selling your Palos Verdes Home|

New homes in Rolling Hills Estates There are 21 single-family homes for sale in Rolling Hills Estates and the unincorporated areas of the Palos Verdes Peninsula. Nine properties are in escrow with accepted offers, and 36 single family homes have sold year-to-date. Other Palos Verdes Peninsula Real Estate Snapshots June 2018: June 2018 One Minute Market Video: Palos Verdes real estate market update June 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #sellinghomes ##marketreport A post shared by Norma Toering l Real Estate (@normatoering) on Jun 5, 2018 at 11:36am PDT   A Rolling Hills Estates horse is getting new shoes!   For help with selling or buying a Rolling Hills Estates home contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com.   Selling Palos Verdes Properties Since 1992