Rolling Hills Estates and PVP Real Estate Snapshot Nov 2018

By | November 12th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes Gated Communities, Palos Verdes Homes with Pools, Palos Verdes Homes with view, Palos Verdes Horse property, Palos Verdes top real estate agents, Rolling Hills Estates Report, Seniors Selling Primary Residence|

New Construction Home in RHE   There are 32 single-family properties for sale in Rolling Hills Estates and the unincorporated areas of the Palos Verdes Peninsula. Eight RHE and PVP single-family homes are in escrow with accepted offers, and 65 homes in the Rolling Hills Estates and Palos Verdes Peninsula neighborhoods have sold thus far in 2018.   More Palos Verdes Real Estate Snapshots for November 2018: Notice how my Little Yellow Dots are moving toward the center of most of the graphs. This shift is a signal the seller's market is weakening, and the Palos Verdes real estate market is moving to a neutral market favoring neither the seller nor the buyer. For more information about a particular neighborhood or the real estate market in general, contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

Best Fixer Buys in Palos Verdes

By | October 29th, 2018|Charlemagne Int'l Properties, Featured Articles, Palos Verdes Coastal Homes, Palos Verdes Fixers, Palos Verdes Homes with view, Palos Verdes top real estate agents, Top Palos Verdes Listing Agents|

  "Are there any good deals on fixer properties in Palos Verdes?" A prospective buyer recently called me with this question. My answer was a cautious yes. After years of a raging seller's market with annual price increases, an underpriced property is a rarity. Thus, future potential becomes the front and center consideration for my fix and flip clientele. Any Palos Verdes fixer property under consideration as a potential fix and flip candidate already has two crucial factors in place:  Location and excellent schools. If a Palos Verdes property hits the market with a stunning view, ample square footage, and an interior begging to be updated, expect plenty of competition because such houses are a rare discovery in this market. If you're waiting for such a find, be patient, your expectations may be ahead of the current market. If you're willing to delve a bit deeper with your vision (and [...]

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 [...]

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 [...]

Palos Verdes Estates, CA Real Estate Snapshot July 2018

By | July 13th, 2018|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes top real estate agents, Seller Tips|

The market for single-family homes in Palos Verdes Estates remains in a robust seller's market. There are 62 Palos Verdes Estates single family homes for sale. 29 PVE residences are in escrow with accepted offers, and 93 Palos Verdes Estates houses have sold year-to-date. The overall single-family home market on the Palos Verdes Peninsula has slowed slightly due to increased inventory and slowed absorption. In April 2018 MLS records show there were 147 single family homes listed for sale. My July stats reveal we now have 219 active listings for single-family houses on the entire Palos Verdes Peninsula. The market still favors sellers, but due to the increased inventory, buyers have more choices. Likewise, due to the slower absorption rate, buyers have more negotiating power as the market edges toward a neutral and balanced market favoring neither the seller nor the buyer. Due to the higher price point of homes [...]

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

Bluff Front Luxury Living in Palos Verdes

By | May 23rd, 2018|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes Luxury Homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents|

There's a new listing in Rancho Palos Verdes that invites agents to stroll through it rather than make the mad dash we usually do at new listings. I love a pleasant garden, and when there is also a panoramic view of Pacific Ocean as a backdrop, the garden will win my full attention.  As I took in the garden vignettes, the sound and smell of the coastal location could not be ignored. Even though I had a long list of homes to preview for clients, I lingered a few moments at this property. It's the type of residence that draws you in and imprints its amenities on you as it beckons you to savor the moment and the location. If you're in the market to purchase a Palos Verdes luxury home, I know of several you should see before making a final selection.  Yesterday, I saw another exceptional luxury home [...]

Palos Verdes Real Estate Report May 2018

By | May 8th, 2018|Charlemagne Int'l Properties, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with Pools, Palos Verdes Homes with view, Palos Verdes Luxury Homes, Palos Verdes top real estate agents|

  The single-family residential real estate market on the Palos Verdes Peninsula continues to maintain its firm grasp on a seller's market, even with a slight growth in inventory since last month's report. Demand continues to keep the supply in check. Timing plays a vital role in real estate, and this is the time of year buyers yearn to make a move to their neighborhood of choice. Fortunately, Palos Verdes buyers have a few more options with the increased supply, and sellers usually have more showings during the spring and summer months. However, a well-appointed and well-priced home will attract buyers no matter the season. May 2018 market snapshots for Palos Verdes single-family homes: 175 Palos Verdes single family homes are for sale. 100 Palos Verdes single family homes are in escrow with accepted offers. 197 Palos Verdes single family residences have sold year-to-date. Most Palos Verdes real estate markets [...]

Where Are Palos Verdes Luxury Home Sales Located?

By | April 23rd, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes Homes with Pools, Palos Verdes Homes with view, Palos Verdes Horse property, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes|

Palos Verdes luxury homes are located throughout the four cities on the Palos Verdes Peninsula. If we define "luxury home" as those properties selling for $3,000,000 and up, there is a higher concentration of luxury properties in Rolling Hills and Palos Verdes Estates. Rancho Palos Verdes is gaining ground in the luxury category as well. Luxury home sales on the Palos Verdes Peninsula during the past twelve months: Palos Verdes Estates:  23 Luxury homes sold per MLS records. Rancho Palos Verdes:  16 Luxury home sales were recorded per MLS statistics. Rolling Hills: 9 Luxury homes sold per MLS information. Rolling Hills Estates and Palos Verdes Peninsula (unincorporated area):  1 Luxury home sold during past 12 months per MLS records. Let's see how the active listings for luxury homes compare to the sold properties for each city on the Palos Verdes Peninsula. Palos Verdes Estates luxury homes for sale: 15 PVE luxury [...]

Palos Verdes Real Estate Market Snapshot April 2018

By | April 9th, 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 Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent|

The weather today is hotter than the single-family residential market on the Palos Verdes Peninsula--and that's hot! Thanks to Santa Ana winds and a longtime smoldering seller's market both fall into the "hot" category. How long either will last is hard to predict, but one thing I'm certain of is neither one will last forever. Notice the "Little Yellow Dot" indicates the heat of the seller's market is intensifying as we enter the spring and summer selling seasons. Most people prefer to move during the summer, especially if they have children in school. Let's review other sub-markets within the overall Palos Verdes real estate market. The single-family luxury market and Rolling Hills are both in a neutral market favoring neither the seller nor the buyer. Both markets consist of higher priced homes than the general PV real estate market. Hence, there is a smaller pool of buyers for the properties, and [...]