Palos Verdes Estates Real Estate Snapshot Dec. 2020

By | December 16th, 2020|Charlemagne Int'l Properties, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Luxury Homes, Selling your Palos Verdes Home, Seniors Selling Primary Residence, South Bay of Los Angeles Homes For Sale, Top Palos Verdes Listing Agents, Uncategorized|

View From a Palos Verdes Estates Bluff Front Property The end of the Pandemic Year of 2020 is in sight, and vaccines are on the way. I love finishing on a positive note! The Palos Verdes real estate market has remained unfailingly positive throughout the chaos that dominated 2020. Inventory remains tight in Palos Verdes Estates with only 38 single family homes for sale. 22 residences are in escrow with accepted offers, and 137 PVE houses have sold year to date. More Palos Verdes Real Estate Snapshots for December 2020: If I can help you with your real estate needs in 2021 know that I am only a phone call, text, or email away! For more information about sales and listings in your Palos Verdes neighborhood of choice, contact Norma Toering at 310.493.8333. You may also email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992 Norma Toering Broker/Owner, DRE 01147470

Palos Verdes Luxury Homes October 2020

By | October 29th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

An English Castle Perhaps our homes really are our castles; although most houses do not have a moat and drawbridge, the need for a safe place to rest our heads and soothe our souls has never been more prevalent in my lifetime. It's no surprise the local Palos Verdes real estate market continues to flourish. There are 50 Palos Verdes luxury residences priced at $3,000,000 and up for sale. The Palos Verdes Peninsula has 13 luxury homes in escrow with accepted offers, and 70 luxury homes have sold in PV thus far in 2020. The upward trend in real estate prices on the Palos Verdes Peninsula is clear when we look at recent listings. The entire Palos Verdes housing inventory of single-family homes for sale is 123. Fifty of those PV homes fall into the luxury category due to the list price exceeding $3,000,000. Palos Verdes Estates Luxury Home For [...]

Palos Verdes Homes Market Snapshot September 2020

By | October 14th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence|

Chasing Your White Picket Fence Dream in 2020 Keeping up with the local real estate market in Palos Verdes during this pandemic is a stream of never-ending surprises. First, demand increased, then prices went up, not down as expected. New inventory is gobbled up by ever-increasing buyer demand as soon as new listings hit the market. Lastly, multiple offers have returned with a vengeance. What will happen next? Based on recent statistics, we're in for an active autumn as sellers take advantage of the hot market, and buyers seek to purchase a house that meets the ever-changing demands of work and family life during the age of Covid-19. There are currently 126 single-family homes for sale on the Palos Verdes Peninsula. 105 houses are in escrow with accepted offers, and 404 single-family residences have sold thus far in 2020. More Palos Verdes Real Estate Snapshots for September 2020: For more [...]

Rancho Palos Verdes Snapshot August 2020

By | August 12th, 2020|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 Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Rancho Palos Verdes Luxury Homes   In an across the board seller's market on the Palos Verdes Peninsula, Rancho Palos Verdes is the hottest market on the hill. The pandemic effect of tighter inventory coupled with steady demand resulted in Rancho Palos Verdes having more single-family houses in escrow than there are for sale. That's a sizzling seller's market!   Here's why my Little Yellow Dot is indicating RPV is in a hot seller's market:  48 Rancho PV single-family homes are for sale. 60 RPV residences are in escrow with accepted offers, with 203 sales recorded year-to-date. The August 2020 sold statistics are almost identical to the 206 RPV single-family homes sold by August of 2019.  During this stay-at-home summer, many prospective buyers are shopping online for a house with room for a home office, space for a home theater, or more outdoor gathering areas.   More Palos [...]

Palos Verdes Estates Snapshot August 2020

By | August 10th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Luxury Homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Selling your Palos Verdes Home, selling your palos verdes luxury home|

What a view!   The Palos Verdes Estates seller's market is refusing to give up its long run even when threatened by a pandemic and concerning economic news. Compared to last month, housing inventory is down, and sales are up. Those factors moved my Little Yellow Dot market indicator deeper into a market favoring sellers.     August 2020 finds 48 Palos Verdes Estates single-family homes listed for sale. 37 PVE residences are in escrow with accepted offers, and 58 Palos Verdes Estates single-family properties have sold year-to-date. Last year at this time, 103 single family PVE houses were in the sold column, so even though the market is maintaining a healthy balance between inventory and sales, the total sales number is significantly lower than August 2019.   More Palos Verdes Real Estate Snapshots for August 2020:   If you would like more information about recent real estate [...]

Palos Verdes Homes Real Estate Snapshot Aug 2020

By | August 5th, 2020|Charlemagne Int'l Properties, Featured Articles, 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 Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  The local Palos Verdes real estate market appears to be oblivious to world events (catastrophes, perhaps) as it continues to grow stronger as the summer progresses. Inventory is still shrinking, and demand remains steady. A glance at my Little Yellow Slider shows it edging toward a more robust seller's market as we enter August 2020. There are 133 Palos Verdes single-family homes for sale. 105 PV single-family residences are in escrow with accepted offers, and 297 single-family properties closed escrow thus far in 2020. Last year at this time, there were 271 homes for sale, 91 houses in escrow, and 370 single-family properties sold as of August 2019. The Little Yellow Dot hovered around "3," indicating a weaker seller's market than we are experiencing in the middle of a pandemic. No doubt, the reduced inventory is playing a vital role in the strength of today's local real estate market. [...]

Palos Verdes Estates Snapshot July 2020

By | July 22nd, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Are you sitting back and watching the market this summer?   The Palos Verdes Estates real estate market remains in a soft seller's market as we hit the mid-point of the summer of 2020. The Coronavirus rages on, interest rates hit an all-time low, real estate inventory remains low, and demand is steady. It is is a new era in real estate.   There are currently 58 Palos Verdes Estates single-family homes listed for sale on the Multiple Listing Service. 21 PVE residences are in escrow with accepted offers, and 44 Palos Verdes Estates houses have sold thus far in 2020. At this time last year, the number of homes sold stood at 120. That's a substantial drop in sales, but demand is steady, and inventory remains low, thus keeping a healthy balance between supply and demand.   More Palos Verdes Real Estate Snapshots for July 2020:   [...]

Palos Verdes Real Estate Snapshot for July 2020

By | July 13th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Communities, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Luxury Homes, Palos Verdes Market Snapshot, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home|

If we must live through a pandemic, let it be in Palos Verdes.   Markets are always moving, and the Palos Verdes housing market is not in "wait and see" mode during these unsettling times. Perhaps, homes are our refuge from the uncertainty that awaits outside the door, in our economy, and future. No wonder home sales are continuing at a healthy clip as we learn to live with new challenges daily. My Little Yellow Dot shows the single-family home real estate market in Palos Verdes still favors sellers. There are 148 single-family homes for sale on the entire Palos Verdes Peninsula. There are ninety-three houses in escrow with accepted offers, and 260 single-family residences have sold year to date. Last year at this time, 285 SFR sales were recorded. That performance is not too shabby considering the events that have occurred in 2020 thus far. More Palos [...]

Rolling Hills Real Estate Snapshot June 2020

By | June 24th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Communities, Palos Verdes Gated Estates and Homes, Palos Verdes Horse property, Palos Verdes most expensive homes, Palos Verdes top real estate agents, Rolling Hills Homes, Rolling Hills Horse Property, Selling your Palos Verdes Home, selling your palos verdes luxury home|

Inviting Entry to a Rolling Hills Home Housing inventory remains low in Rolling Hills as we reach the midpoint of 2020. While the world we live in seems topsy-turvey in many ways, the real estate market on the Palos Verdes Peninsula remains surprisingly strong and steady with the PV single-family market at 1.8 on a scale of 1-10. After a strong showing last month, Rolling Hills' pending sales stood at one when I analyzed the monthly statistics on June 1. The good news is three Rolling Hills properties have entered escrow during June 2020. These new sales will send the Rolling Hills' July housing meter back into a market that slightly favors sellers.   June 1 statistics were nine Rolling Hills properties listed for sale, one property in escrow with an accepted offer, and 13 RH residences sold thus far in 2020.  As of June 24, inventory has [...]

Palos Verdes Estates Real Estate Snapshot June 2020

By | June 10th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Charlemagne Properties Represented the Buyer of this Luxury Home 2020 is undoubtedly the year that is testing real estate markets all over the world with a pandemic, civil unrest, economic uncertainty, and many residents pondering whether it is time to leave their urban home and head for the country or a small town. Any of those conditions could spell disaster for a local market. Although Palos Verdes housing inventory is still tight, when a "Hot" listing hits the market, it often sells within a week or two.   What makes a listing "Hot"? The location, the value/price factor, the condition, and amenities such as schools, community recreation facilities, and cultural events. Throw in a stunning view, and you have a Hot Property! The luxury market for single-family homes often lags behind the overall single-family home market. Homes priced over $3,000,000 attract buyers from a smaller pool of qualified [...]