Home Prices in Palos Verdes Are Up

By | March 27th, 2021|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, 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 luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence|

The ups and downs of the past year presented challenges beyond our wildest expectations. Month in and month out, the real estate market continued a steady climb upward without faltering throughout the pandemic and economic uncertainty. Lagging inventory could not meet the increased demand. Many properties received overbids and multiple offers. It was not uncommon to receive three to four offers per property. It continues to be a challenging housing market for all parties. Prices are up and inventory is low as we enter the 2021 spring and summer selling season. Until supply catches up with demand expect multiple offers and overbids to continue in the Palos Verdes real estate market. I submitted an offer this month and it was one of ten offers. Another offer I submitted was one of the 20 offers received! At the beginning of March 2021 the Palos Verdes Peninsula had 82 single-family homes listed [...]

Palos Verdes Luxury Home Prices

By | March 27th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, 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, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

It's easy to understand why the Palos Verdes Peninsula is considered one of the most desirable areas to reside in Los Angeles County. The coastal location, the open spaces, and high ranking schools all contribute, but for me, it was the natural beauty of the area. While the current seller's market rages onward, and prices continue to rise, more and more Palos Verdes homes are falling into the luxury category with prices beyond $3,000,000. The pandemic with its work from home mandate escalated the need for more space. With theaters and other sources of entertainment, closed home entertainment became the norm. As the world around us changed, the desirability of living in Palos Verdes grew. This is reflected by the number of PV luxury homes (89) sold during the past year. There are 48 Palos Verdes luxury homes for sale. Thirteen PV luxury residences priced above $3M are in escrow [...]

Palos Verdes Estates Real Estate Snapshot March 2021

By | March 27th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Luxury Homes, 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|

Malaga Cove I recently heard there are more real estate agents in California than there are properties for sale. I can't speak for the entire State, but it certainly is true for the Palos Verdes Peninsula. The speaker's point was to emphasize the lack of inventory, but what he didn't mention was there are multiple buyers waiting to pounce on new listings. Buyers are facing the most competitive market I've ever worked in during the past 29 years. It's wild and not for the faint of heart. 33 Palos Verdes Estates single-family homes are listed for sale. There are 22 homes in escrow with accepted offers. Although it is a raging seller's market, it is not easy for sellers to maneuver. Multiple offers can be overwhelming to sift through while selecting the one offer that works best for you. Price isn't the only consideration; terms are important, too. A team [...]

Rancho Palos Verdes Snapshot March 2021

By | March 27th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence|

Inventory keeps falling; prices continue to rise. Supply is low; demand is high. That's my response when someone asks about the present housing market. It's certainly a true statement for Rancho Palos Verdes. At the beginning of the month, there were 38 Rancho Palos Verdes single-family homes listed for sale. 53 RPV homes were in escrow with accepted offers. Those numbers demonstrate demand is outstripping the supply of properties for sale. I'm hopeful the coming month will replenish the dwindling inventory of homes for sale. Sellers may begin to feel more comfortable opening up their homes for showings and inspections as the vaccination rate climbs and the rate of infection falls. Selling a home during a pandemic takes courage and additional precautionary efforts. It's no wonder so many homeowners have delayed putting their property on the market. If now is the time to make your move happen, I am ready [...]

Rancho Palos Verdes Real Estate Snapshot Feb 2021

By | March 1st, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Selling your beach cities home, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

A coastal community in Rancho Palos Verdes Rancho Palos Verdes recently gained some unwanted notoriety for being the crash site of Tiger Wood's automobile accident. However, the month of February also brought good news to the residents of RPV. Your hometown's real estate market is one of the hottest sub-markets on the Hill. There are 36 Rancho Palos Verdes single-family homes for sale. 45, yes, 45 RPV single-family homes are in escrow with accepted offers. You know the market is on fire when sales are outpacing new inventory. The Covid-19 vaccines are helping people feel a bit safer and more willing to tour homes for sale. As a result, there are more prospective buyers for Palos Verdes property than properties for sale. This is a market condition that creates multiple offers--lots of them! I am submitting an offer today, and the listing agent already has three offers in hand. If [...]

Rolling Hills Real Estate Snapshot February 2021

By | February 26th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes most expensive homes, Rolling Hills Homes, Rolling Hills Horse Property, Rolling Hills Market Report, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

A Rolling Hills Residence The supply of homes for sale in Rolling Hills, CA, is as low as I have ever seen in nearly 30 years of selling houses on the Palos Verdes Peninsula. Not surprisingly, the number of RH properties sold in 2020 topped 30 sales. That is likely a record-setting number as well. At the beginning of February 2021, only eight Rolling Hills residences were listed for sale on the Multiple Listing Service. Seven Rolling Hills properties were in escrow with accepted offers. Why the sudden surge of sales in Rolling Hills? The most logical reason is the pandemic. I can't think of a better place to social distance. If you want to avoid crowds and can afford the luxury of living in Rolling Hills, a forever home located in the gated community may be one of the wisest moves of your lifetime. Rolling Hills has many fabulous [...]

Palos Verdes Estates Real Estate Snapshot Jan 2021

By | January 28th, 2021|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 most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Entrance to a Palos Verdes Estates Luxury Home 2020 slipped into the history books, and the early days of 2021 began with storming the Capitol! We never know what's coming next. However, I know that low inventory continues to drive the seller's market in Palos Verdes Estates. Palos Verdes Estates began the new year with only 21 single-family homes listed for sale. 16 PVE residences are in escrow with accepted offers. The most expensive Palos Verdes Estates single-family home sale in 2020 was $10,430,000 for a property on Via Del Monte. The least expensive PVE single-family home to sell in 2020 was located in the Valmonte neighborhood with a sale price of $1,200,000. For more information about your neighborhood, whether buying or selling, contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner DRE 01147470 Charlemagne International Properties

Rolling Hills Real Estate Snapshot January 2021

By | January 27th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury 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, Rolling Hills Market Report, Selling your Palos Verdes Home, selling your palos verdes luxury home, Top Palos Verdes Listing Agents|

Williamsburg Lane, Rolling Hills, California There is so much to say about the past year, but we made it though it, and those words reflect our resilience and determination to handle whatever comes our way. We may not have enjoyed the restrictions, but one thing I'm sure of is we are all stronger as we move forward. The Rolling Hills real estate story is playing on repeat throughout the Palos Verdes Peninsula as we continue to deal with low inventory. There are currently 12 Rolling Hills properties for sale. Six Rolling Hills residences are in escrow with accepted offers. It is easy to see why Rolling Hills begins the new year with a strong seller's market with those numbers. Here's an unsolicited testimonial (the best kind) that appeared on Next Door. My daughter forwarded it to me as I'm not on the App. I'm so very grateful for happy clients [...]

Palos Verdes Real Estate Snapshot January 2021

By | January 25th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal 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, 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|

Here Comes the Sun! 2020 is now in the history books, and what a long and convoluted chapter it will be! Moving on, the top Palos Verdes real estate story for 2021 is a continuation of depleted inventory. When I pulled the January 2021 real estate statistics there were only 74 single-family homes listed for sale on the Multiple Listing Service. No wonder the competition for single-family homes often results in multiple offers and overbids. With only 74 single-family residences listed for sale and 70 PV homes in escrow, it's easy to see why my Little Yellow Slider reflects a strong seller's market. For more details about real estate happenings in your Palos Verdes neighborhood contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com and I'll bring you up to date with the most recent sales and listings in your area. Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner DRE [...]

Living the Palos Verdes Luxury Lifestyle

By | January 21st, 2021|Charlemagne Int'l Properties, Featured Articles, 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|

Rancho Palos Verdes luxury home with a view The definition of luxury is wide and varied. Certainly, the word takes on new meaning during a pandemic and times of economic uncertainties. Although a price tag is often used to define luxury, some of the best luxuries in life are priceless. I remember when I first moved to the Palos Verdes Peninsula, I was not that impressed with the homes. I left a 1929 character home in Florida and purchase a rather non-descript ranch-style home in Palos Verdes. The architecture was disappointing, but the natural beauty of the area impressed me with its magnificence. The views, the ocean, the open spaces, and the hiking trails were a source of constant pleasure and joy. Those are luxuries without price tags. However, we know coastal living is expensive. A panoramic view is costly, too. Let's look back at 2020 momentarily and review a [...]