Palos Verdes Luxury Homes Market Snapshot January 2019

By | January 16th, 2019|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Rancho Palos Verdes Listing Agent, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  Happy New Year! The Palos Verdes luxury home inventory for properties priced at $3,000,000 and up declined over the holidays (several homes were taken off the active market). This inventory reduction resulted in a slight shift in the luxury home market toward a neutral market but still teetering on the edge of a buyer's market. More Palos Verdes Real Estate Snapshots for January 2019:   If you're wondering about the real estate activity in your neighborhood, I'd be happy to provide an update. Contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

Palos Verdes Estates Real Estate Snapshot December 2018

By | December 17th, 2018|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 most expensive homes, Top Palos Verdes Listing Agents|

A favorite photo of Malaga Cove Plaza Tis the season for good cheer, and although the Palos Verdes Estates real estate market may no longer be sizzling hot, it is still emitting a healthy glow as it moves from a seller's market to a neutral market favoring neither the buyer nor the seller.   58 Palos Verdes Estates single-family homes are listed for sale. 13 PVE residences are in escrow with accepted offers, and 165 Palos Verdes Estates homes have sold thus far in 2018.   More Palos Verdes Peninsula Real Estate Market Snapshots for December 2018:   View this post on Instagram   Palos Verdes Real Estate Snapshot for December 2018. A post shared by Norma Toering l Real Estate (@normatoering) on Dec 11, 2018 at 11:04am PST For more information contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com.   Selling Palos Verdes Properties Since 1992

Palos Verdes Luxury Homes Snapshot November 2018

By | November 6th, 2018|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|

There are currently nine Palos Verdes luxury homes, those priced at or above $3,000,000, in escrow with accepted offers. 64 Palos Verdes luxury residences are for sale, and 47 high-end Palos Verdes properties have sold year-to-date. The Palos Verdes luxury home market enjoyed an uptick in activity last month and moved the Little Yellow Dot closer to a neutral market. More Palos Verdes Real Estate Snapshots for November 2018: A glance reveals the Little Yellow Dots are indicating we are moving away from a seller's market and into a neutral market favoring neither the seller nor the buyer. It's been a few years since we had a balanced market. I expect prices to level off and inventory to increase slightly as sellers and buyers adjust to these new market conditions.   View this post on Instagram   Palos Verdes Real Estate Snapshot November2018 #charlemagneinternationalproperties #normatoeringrealestatebroker #realestate #palosverdes #sellmyhouse A post [...]

Palos Verdes Luxury Homes Market Snapshot October 2018

By | October 16th, 2018|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|

  View this post on Instagram   Palos Verdes Luxury Homes Real Estate Snapshot for October 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on Oct 9, 2018 at 11:20am PDT   View this post on Instagram   Palos Verdes Single Family Homes Market Snapshot for October 2018. #palosverdes #realestate #sellmyhouse #normatoeringrealestatebroker #charlemagneinternationalproperties A post shared by Norma Toering l Real Estate (@normatoering) on Oct 2, 2018 at 11:25am PDT There are 62 Palos Verdes luxury homes listed for sale, and only six luxury properties are in escrow with accepted offers. With those numbers, it is easy to see high-end inventory, those residences priced at or above $3,000,000, far outstrips current demand for luxury houses on the Palos Verdes Peninsula. Year-to-date 43 Palos Verdes luxury homes have closed escrow. I scrolled through all 62 luxury properties to determine why the inventory absorption [...]

Rolling Hills CA Real Estate Snapshot September 2018

By | September 10th, 2018|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 Horse Property, Rolling Hills Market Report|

Rolling Hills enjoyed an uptick in real estate activity during the past 30 days or so. Last month, 34 RH properties were for sale; The arrival of September found 25 Rolling Hills residences listed for sale on the Multiple Listing Service. The number of homes in escrow with accepted offers jumped from four to eight as well. That's significant movement, and enough to move market indicators from a neutral market to teetering on the edge of a seller's market. The median price for Rolling Hills homes is $3.3 mm with 50% of the homes selling under that price and 50% selling at a higher price.   There are often market shifts as we move from the spring and summer months. Some sellers elect to take a property off the market if it did not sell; other sellers opt for a price reduction to stimulate new interest in their property. These [...]

Palos Verdes Luxury Homes Market Snapshot Sept 2018

By | September 5th, 2018|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, selling your palos verdes luxury home, Seniors Selling Primary Residence, South Bay of Los Angeles Homes For Sale|

  The Palos Verdes luxury home market experienced a noticeable uptick in activity at the close of summer with a few homes going off the market and the number of high-end homes in escrow nearly doubling.  With those numbers, my Little Yellow Dot indicates the luxury home market is still favoring buyers, but moving closer toward a neutral market favoring neither the seller nor the buyer.   The Rolling Hills market (primarily high-end properties) reflects a similar shift due to a reduction in the number of homes for sale, and an increase in the number of residences in escrow with accepted offers. There are 62 Palos Verdes luxury homes listed for sale. Nine Palos Verdes luxury residences are in escrow with accepted offers. 38 PV luxury properties priced over $3,000,000 have sold thus far in 2018. More Palos Verdes Market Snapshots for September 2018: If you would like to know [...]

Rolling Hills Homes Market Snapshot Aug 2018

By | August 20th, 2018|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 Horse Property, Rolling Hills Market Report, Seller Tips|

Even the horses have views in Rolling Hills. Rolling Hills has 34 properties for sale, four in escrow with accepted offers, and 12 Rolling Hills residences have sold thus far in 2018. Supply outstrips demand in the Rolling Hills real estate market, and this imbalance indicates a strong buyer's market. However, due to an uptick in the number of homes in escrow, my Little Yellow Dot slider shows the buyer's market is inching toward a neutral market favoring neither the seller nor the buyer as summer draws to a close. Other Palos Verdes real estate market snapshots for August 2018: 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 We have a seasoned seller's market in Palos Verdes, and August 2018 statistics reveal some cooling of local real estate conditions. For more [...]

Palos Verdes Estates Real Estate Snapshot August 2018

By | August 15th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes most expensive homes, Palos Verdes top real estate agents|

There are 54 Palos Verdes Estates single-family homes listed for sale per the local Multiple Listing Service. This number has remained in the 50 to 60 range for the past several months. These consistent statistics indicate Palos Verdes Estates homes are being listed and sold at a rate that keeps supply and demand balanced. My "Little Yellow Dot" points to a stable market, but with some cooling and movement toward a neutral market in the Palos Verdes Estates single-family real estate market. 18 Palos Verdes Estates single-family homes are in escrow with accepted offers. 116 Palos Verdes Estates single-family homes have sold thus far in 2018.   Other Palos Verdes single family homes snapshots for August 2018: Need more info about a neighborhood or city in Palos Verdes? Contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Palos Verdes Real Estate Snapshot for August 2018. A post shared by Norma Toering [...]

Palos Verdes Luxury Homes Market Snapshot August 2018

By | August 10th, 2018|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, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  The luxury home market for homes priced over $3,000,000 on the Palos Verdes Peninsula showed a slight uptick in accepted offers, but the market continues to favor buyers due to the number of luxury homes listed for sale in comparison to the number of homes sold. Supply far outstrips demand in the high-end real estate market on the Palos Verdes Peninsula. However, there are seven Palos Verdes luxury homes priced over $3,000,000 in escrow with accepted offers, but 67 luxury properties are actively for sale. 34 Palos Verdes luxury homes ( $3 mm+) have sold thus far in 2018. The most exciting happening in the Palos Verdes luxury home market in July was a residence in Rolling Hills listed for $40,000,000 went under contract. I'll continue to watch that one for a closed sale price. If the final sale price is anywhere near the asking price it will set a new [...]

Palos Verdes Luxury Homes Snapshot July 2018

By | July 12th, 2018|Charlemagne Int'l Properties, 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|

Last week's triple-digit heat wave reminded me how thankful I am to live in a coastal community. I don't know about other agents, but my client and I braved the weekend heat wave and toured several Palos Verdes homes for sale. Weather rarely deters a determined buyer (and their agent), but temperatures in the 90s, an unrelenting sun, and houses with no air-conditioning did call for several bottles of water and a shade break or two.  :) The luxury home market is experiencing increased inventory and shrinking sales. There are 65 Palos Verdes luxury homes priced over $3,000,000 listed for sale and only 5 in escrow. At the rate of current absorption, there is over a year's supply of Palos Verdes luxury residences for sale. 32 Palos Verdes luxury homes have sold year-to-date. Market snapshot for all Palos Verdes single family homes: Market snapshots by Palos Verdes location:   Palos Verdes [...]