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 [...]

Palos Verdes Luxury Home Market Snapshot June 2020

By | June 9th, 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 Pools, 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|

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 purchasers. The Palos Verdes luxury home market for homes priced at [...]

Palos Verdes Real Estate Snapshot June 2020

By | June 8th, 2020|Charlemagne Int'l Properties, Featured Articles, Homes with Pools, Los Angeles luxury listing agent, Palos Verdes Fixers, Palos Verdes Gated Communities, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with Pools, Palos Verdes Homes with view, Palos Verdes Horse property, Palos Verdes Market Snapshot, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rolling Hills Homes, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence|

The Palos Verdes Peninsula is blessed with miles of coastline supplying a plethora of spectacular views.   My Little Yellow Dot Real Estate Sliders indicate the Palos Verdes single-family residential market still favors sellers. The pandemic, protests, and unemployment are a triple threat to most markets, but the June statistics for Palos Verdes show some markets are surging while others have cooled. Still, overall the single-family housing market comes in at 1.8 on a scale of 1-10.   There are 138 Palos Verdes single-family homes listed for sale on the entire PV Peninsula. 77 Palos Verdes single-family homes are in escrow with accepted offers, and 205 SFRs have sold thus far in 2020.   More Palos Verdes Real Estate Snapshots for June 2020:   Inventory remains low, prices appear stable, and buyers are still buying. That's the beauty of a coastal location near an urban area. The stellar [...]

Palos Verdes Single Family Homes Market Snapshot April 2020

By | April 6th, 2020|Charlemagne Int'l Properties, Featured Articles, 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 Pools, Palos Verdes Homes with view, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes Ocean Front 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, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Snapshot from a walk through the South Coast Botanic Garden. "Hope Springs Eternal"  Alexander Pope   April will be a crucial month for the local Palos Verdes real estate market. Although real estate agents are deemed essential workers, there are still many sellers and buyers who elect to employ a wait and see attitude when it comes to selling or buying a property. Rest assured, if you decided to move forward with a purchase or a sale, we have stringent guidelines to follow when showing a home. I recently conducted a showing via FaceTime. The prospective buyer was able to ask questions during the home tour and request to revisit rooms and areas of top interest. It was the next best thing to being there in person. As many of you know, I've used narrated walk-through videos for my listings for nearly a decade, so the transition to [...]