Rolling Hills Real Estate Snapshot May 2020

By | May 27th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes most expensive homes, Palos Verdes top real estate agents, Rolling Hills Homes, Rolling Hills Horse Property, Rolling Hills Market Report, Top Palos Verdes Listing Agents|

  Not only does Rolling Hills have very few cases of COVID-19, but the Coronavirus's impact on the local real estate market has also been almost imperceptible. When I compiled Rolling Hills stats earlier this month, there were eight properties listed for sale, two residences were in escrow with accepted offers, and per the MLS, 11 RH homes sold thus far in 2020. The low inventory coupled with continued sales results in a neutral market with a slight edge tipped toward sellers. One year ago, My Little Yellow Dot for Rolling Hills was at 5; this year, it stands at 4. May 2019 stats reveal seven sales YTD; May 2020 has eleven thus far. Low inventory and continued demand are at play in the Rolling Hills real estate market.   More Palos Verdes Real Estate Snapshots for May 2020:   Contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com if you [...]

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.   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 with accepted offers, and 30 PVE single-family properties have sold thus far in 2020. Let's take a quick look back to one year ago. May 2019 numbers for the same stats were as follows:  78 single-family homes were for sale. 26 [...]

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|

  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. This intangible value of your real estate is impossible to measure, but it plays a vital role when assessing value.   The Palos Verdes luxury home market moved from a neutral market to a market favoring buyers. As of May 1, [...]

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 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 [...]

Palos Verdes Real Estate Snapshot February 2020

By | February 10th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, 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|

Palos Verdes homeowners will love February's single-family home market report, as it reflects a continuing seller's market. It's not too late to ride the coattails of this long-lasting seller's market. Low inventory, coupled with steady demand from buyers, delivers a seller's market month after month and year after year. There are 137 Palos Verdes single-family homes listed for sale per the Multiple Listing Service. 67 PV homes are in escrow with accepted offers, and 38 Palos Verdes single-family homes sold during January 2020.   More Palos Verdes Real Estate Snapshots for February 2020:   Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner 310.493.8333 For more information about a particular neighborhood or your property contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com, or simply submit the below form with your question or request.  

Palos Verdes Homes Market Snapshot January 2020

By | January 13th, 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|

  Well, hello to a brand new decade! Will it be another "Roaring Twenties" with a rather disastrous ending? Who can say, but we can track the ups and downs of the local real estate market and do our best to time the buys and sales of our lives. It's everyone's goal to buy low and sell high, but life's timing does not always permit a wait for the market attitude. The best time to buy or sell is when it makes sense for you and your family to make a move.   It may be winter, but the Palos Verdes real estate market is still generating plenty of heat as our seller's market moves into 2020. The Big Story of low inventory continues to be the new normal; there are only 121 Palos Verdes single-family homes listed for sale on the entire Palos Verdes Peninsula. 65 PV homes are [...]

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 Real Estate Snapshot October 2019

By | October 9th, 2019|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes most expensive homes, Palos Verdes top real estate agents|

Our Gorgeous Palos Verdes Peninsula   October's single-family inventory remained stable on the Palos Verdes Peninsula, with only a slight increase over September's numbers. Pending sales on the Peninsula experienced a slight increase helping to create a balance between supply and demand.     There are 236 Palos Verdes single-family homes listed for sale. There are 91 homes in escrow with accepted offers, and 490 Palos Verdes single-family homes have sold thus far in 2019.   As we enter the fourth quarter of 2019, the overall PV housing market is maintaining its grasp on a seller's market. However, if we analyze the luxury market for homes over $3,000,000, it reflects a market favoring buyers. The supply of luxury homes far exceeds the demand. The attractive interest rates, coupled with ample inventory signals this may be the time to purchase a Palos Verdes luxury property.   Need help in [...]