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 Luxury Homes Snapshot May 2020

By | May 11th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal 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, Rancho Palos Verdes Listing Agent, Rolling Hills Horse Property, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  View this post on Instagram   New Showing Procedures in Place During the Pandemic. It’s not business as usual. #palosverdes #pandemiclife #realestate #showingyourhome #normatoeringbrokerowner A post shared by Norma Toering l Real Estate (@normatoering) on Apr 28, 2020 at 10:17am PDT You're not alone if you are curious about the effect the Coronavirus Pandemic is having on the local real estate market. While history will record the complete story, early opinions project the impact on housing will be less severe than the effect on the stock market. Our homes have become our shelters from the storm raging throughout the world. It's where we feel safe, and that emotional value is impossible to quantify with a dollar amount.  Home is where many of us now work, school our children, and care for those we love. The value of "home" encompasses much more than a structure, and the land beneath it. [...]

Palos Verdes Luxury Home Market Snapshot April 2020

By | April 8th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal 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, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home, Top Palos Verdes Listing Agents|

Time to sit this one out, or move forward with selling or buying?     Before the Age of the Coronavirus, the Palos Verdes luxury home market was in the midst of an increased demand that nearly doubled the number of high-end residences in escrow. This reduction in inventory tipped the Little Yellow Dot reflecting the luxury segment of the local real estate market toward a seller's market. There are 52 Palos Verdes luxury homes for sale. Thirteen PV luxury residences are in escrow with accepted offers, and 14 Palos Verdes luxury properties have sold year-to-date. Is it still possible to sell a luxury home given the state of the world? Yes, thanks to the evolution of moving real estate marketing and transactions online, there is very little face-to-face interaction between agents and clients. Open houses and face-to-face showings may be a thing of the past. However, online [...]

Palos Verdes Luxury Homes Snapshot February 2020

By | February 12th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, 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, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

A view of downtown Los Angeles from the Palos Verdes Peninsula.   The Palos Verdes luxury home market is tipped toward a buyer's market since supply outstrips demand. Although 2020 statistics show my Little Yellow Dot edging back into neutral territory on the luxury home market slider, it will be interesting to see if the spring market brings more luxury homes to market, or more luxury home buyers. A neutral market is a balanced market favoring neither the seller nor the buyer.   54 Palos Verdes luxury homes are for sale. Eight PV luxury residences are in escrow with accepted offers and five luxury properties sold during January 2020.   More Palos Verdes Real Estate Snapshots for February 2020:   For more information about your neighborhood of choice, or your property, contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com. You may also submit the below form with your question [...]

Palos Verdes Luxury Homes Market Snapshot January 2020

By | January 16th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Charlemagne Int'l Properties represented the Buyers on this Palos Verdes Luxury Home   The luxury home real estate market in Palos Verdes for properties priced over $3,000,000 is starting 2020 with a continuing buyer's market.  However, my Little Yellow Dot Slider reflects a slight strengthening of the luxury home market as it edges closer toward a neutral market, favoring neither the buyer nor the seller. There are 49 luxury homes for sale in Palos Verdes. Seven Palos Verdes luxury residences are in escrow with accepted offers. 61 Palos Verdes luxury properties priced at or over $3,000,000 sold during 2019.   More Palos Verdes Real Estate Snapshots for January 2020:   Don't hesitate to contact me if you would like detailed information about your neighborhood.  You may reach me at 310.493.8333 or Norma@CharlemagneProperties.com.     Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner 310.493.8333

Palos Verdes Luxury Homes Real Estate Snapshot Nov 2019

By | November 29th, 2019|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, Palos Verdes Market Snapshot, Palos Verdes most expensive homes|

With 61 Palos Verdes luxury homes for sale, and only seven in escrow, the PV luxury home market favors buyers. There is some pressure on price; 22 of the high-end properties listed for sale reduced the asking price at least once since coming on the market.     55 Palos Verdes luxury homes priced at or above $3,000,000 closed escrow thus far in 2019.   More Palos Verdes Real Estate Snapshots for November 2019:   If you're contemplating selling or buying a Palos Verdes luxury property and would like more information about a particular neighborhood or price range, contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com.   Selling Palos Verdes Properties Since 1992 Norma Toering Broker/Owner

Palos Verdes Luxury Homes Snapshot October 2019

By | October 14th, 2019|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal 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, Seniors Selling Primary Residence|

  There's chatter in the real estate market about a market shift. That's a soft notice to active participants in the real estate scene. If you're selling, you are likely wondering if you missed the seller's market. If you are a buyer, you're wondering whether you should buy now or wait. Like most markets, the real estate market is fluid and reacts to supply and demand. Election years add a new player in the mix of economic and political impact on real estate activity. The cycle of ups and downs are always a factor to consider. However, timing the market is never easy. The most crucial timing is your timing. Whether it's a new job, a new school district, or time to retire, your life situation often takes precedence over external market movers. Moving your life forward often involves real estate changes, as well. The Palos Verdes luxury market is [...]

Palos Verdes Luxury Homes Market Snapshot September 2019

By | September 10th, 2019|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with Pools, 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|

  The luxury home real estate market in Palos Verdes for properties priced at $3,000,000 and up continues to favor buyers due to high inventory and moderate absorption. There are 58 Palos Verdes luxury homes for sale. Seven PV luxury residences are in escrow with accepted offers, and 46 Palos Verdes luxury properties have sold thus far in 2019. The buyer pool for luxury homes is smaller due to the price. Consequently, days on the market exceed that of median price homes in the same neighborhood. Seller tip: Patience, along with on-point pricing, is required for sellers of Palos Verdes luxury homes.   More Palos Verdes Real Estate Snapshots for September 2019:   Selling Palos Verdes Properties Since 1992 Norma Toering 310.493.8333 or Norma@CharlemagneProperties.com Broker/Owner      

Palos Verdes Luxury Homes Market Snapshot August 2019

By | August 13th, 2019|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Selling your Palos Verdes Home, selling your palos verdes luxury home|

View this post on Instagram Palos Verdes Single Family Homes Market Snapshot August 2019 #charlemagneinternationalproperties #normatoeringrealestatebroker #palosverdes #brokerowner #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on Aug 23, 2019 at 8:53am PDT   The market for Palos Verdes luxury homes priced at or above $3,000,000 moved toward a buyer's market as the summer of 2019 winds down. 62 Palos Verdes luxury homes are for sale. Eight PV luxury properties are in escrow with accepted offers, and 40 Palos Verdes luxury residences have sold year-to-date.   More Palos Verdes Market Snapshots for August 2019:   Wondering about real estate activity in your Palos Verdes neighborhood? I can help you with that.  Norma 310.493.8333 or email Norma@CharlemagneProperties.com and request a neighborhood update via email.   Norma Toering 310.493.8333 Selling Palos Verdes Properties Since 1992