Palos Verdes Luxury Homes Market Snapshot Aug 2020

By | August 7th, 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, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  The local Palos Verdes real estate market, including the single-family luxury 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. As indicated by my Little Yellow Dot, the Palos Verdes luxury homes market moved from a neutral market to a seller's market during the summer of 2020. Sales are up, and inventory is down in the high-end segment of the PV real estate market. There are 63 Palos Verdes luxury homes for sale. 22 PV high-end residences are in escrow with accepted offers, and 38 luxury properties sold thus far in 2020.   More Palos Verdes Real Estate Snapshots for August 2020: A glance at the Little Yellow Dots reveals the strength of the Palos Verdes real estate market as we enter the final days of summer. If you would [...]

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 Luxury Homes Snapshot July 2020

By | July 20th, 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 Homes, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

The Lap Pool of a Palos Verdes Luxury Home   The Palos Verdes midsummer luxury single-family home market is a neutral market favoring neither the seller nor the buyer. A balanced market is good for everyone, especially when other segments of the economy are in a state of wild fluctuation. There are 70 Palos Verdes luxury homes listed for sale. 13 PV high-end residences are in escrow with accepted offers, and 28 Palos Verdes luxury properties have sold thus far in 2020.   More Palos Verdes Real Estate Snapshots for July 2020:   For more information about the local real estate market in your neighborhood of interest, contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com, and I'll fill you in on the latest real estate sales and new listings. You may also submit the contact form attached below.   Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner [...]

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 [...]

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 Estates Snapshot May 2020

By | May 26th, 2020|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes Luxury Homes, 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|

Isn't it wonderful to be able to enjoy the trails and beaches of Palos Verdes again? Yes, a mask is still needed, but that's a small price to pay for a big dose of fresh air, natural beauty, and time spent along the coast.   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 It is not the Spring we expected, it is not the Spring we wanted, but it is the Spring we have, and all things considered, the local real estate market is moving forward. I pulled these Palos Verdes Estates real estate statistics on May 1, 2020: There are 50 PVE single-family homes for sale. Six Palos Verdes Estates residences are in escrow [...]

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 Estates Real Estate Snapshot February 2020

By | February 13th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, 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, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

There are 42 Palos Verdes Estates single-family homes listed for sale. 12 PVE residences are in escrow with accepted offers and seven single-family properties sold during January 2020. The Palos Verdes Estates real estate market remains stable but with a slow movement away from a seller's market and closer to a neutral market favoring neither the seller nor the buyer. It will be worth watching the effect of the spring market on both inventory and sales.   More Palos Verdes Real Estate Snapshots for February 2020:   If you would like more information about a neighborhood of interest, or to find out the current market value of your property, contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. You may also submit the below form with your question or request. Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner 310.493.8333