Palos Verdes Homes Market Snapshot September 2020

By | October 14th, 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, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence|

Chasing Your White Picket Fence Dream in 2020 Keeping up with the local real estate market in Palos Verdes during this pandemic is a stream of never-ending surprises. First, demand increased, then prices went up, not down as expected. New inventory is gobbled up by ever-increasing buyer demand as soon as new listings hit the market. Lastly, multiple offers have returned with a vengeance. What will happen next? Based on recent statistics, we're in for an active autumn as sellers take advantage of the hot market, and buyers seek to purchase a house that meets the ever-changing demands of work and family life during the age of Covid-19. There are currently 126 single-family homes for sale on the Palos Verdes Peninsula. 105 houses are in escrow with accepted offers, and 404 single-family residences have sold thus far in 2020. More Palos Verdes Real Estate Snapshots for September 2020: For more [...]

Rancho Palos Verdes Snapshot August 2020

By | August 12th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with Pools, Palos Verdes Homes with view, 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, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Rancho Palos Verdes Luxury Homes   In an across the board seller's market on the Palos Verdes Peninsula, Rancho Palos Verdes is the hottest market on the hill. The pandemic effect of tighter inventory coupled with steady demand resulted in Rancho Palos Verdes having more single-family houses in escrow than there are for sale. That's a sizzling seller's market!   Here's why my Little Yellow Dot is indicating RPV is in a hot seller's market:  48 Rancho PV single-family homes are for sale. 60 RPV residences are in escrow with accepted offers, with 203 sales recorded year-to-date. The August 2020 sold statistics are almost identical to the 206 RPV single-family homes sold by August of 2019.  During this stay-at-home summer, many prospective buyers are shopping online for a house with room for a home office, space for a home theater, or more outdoor gathering areas.   More Palos [...]

Palos Verdes Estates Snapshot August 2020

By | August 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 Luxury Homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Selling your Palos Verdes Home, selling your palos verdes luxury home|

What a view!   The Palos Verdes Estates seller's market is refusing to give up its long run even when threatened by a pandemic and concerning economic news. Compared to last month, housing inventory is down, and sales are up. Those factors moved my Little Yellow Dot market indicator deeper into a market favoring sellers.     August 2020 finds 48 Palos Verdes Estates single-family homes listed for sale. 37 PVE residences are in escrow with accepted offers, and 58 Palos Verdes Estates single-family properties have sold year-to-date. Last year at this time, 103 single family PVE houses were in the sold column, so even though the market is maintaining a healthy balance between inventory and sales, the total sales number is significantly lower than August 2019.   More Palos Verdes Real Estate Snapshots for August 2020:   If you would like more information about recent real estate [...]

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 Homes Real Estate Snapshot Aug 2020

By | August 5th, 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 Pools, Palos Verdes Homes with view, Palos Verdes Horse property, 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, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  The local Palos Verdes real estate 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. A glance at my Little Yellow Slider shows it edging toward a more robust seller's market as we enter August 2020. There are 133 Palos Verdes single-family homes for sale. 105 PV single-family residences are in escrow with accepted offers, and 297 single-family properties closed escrow thus far in 2020. Last year at this time, there were 271 homes for sale, 91 houses in escrow, and 370 single-family properties sold as of August 2019. The Little Yellow Dot hovered around "3," indicating a weaker seller's market than we are experiencing in the middle of a pandemic. No doubt, the reduced inventory is playing a vital role in the strength of today's local real estate market. [...]

Rancho Palos Verdes Snapshot July 2020 by Norma Toering

By | July 26th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, 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|

Rancho Palos Verdes Luxury Homes   The Rancho Palos Verdes real estate market remains the hottest sub-market on the Palos Verdes Peninsula with 57 single-family homes listed for sale, and 55 houses under contract. 166 Rancho Palos Verdes single-family homes have sold thus far in 2020. Last year at this time, 161 RPV single-family homes were in the sold column. The market is exceeding expectations during this tumultuous time of uncertainty. Still, the reduced inventory is playing a role in keeping the Rancho Palos Verdes real estate statistics in a strong seller's market.     More Palos Verdes Real Estate Snapshots for July 2020:   If you need more information about your neighborhood of choice, contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com and I'll provide you with a more detailed report. Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner DRE:  01147470      

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 [...]

Rancho Palos Verdes Real Estate Snapshot June 2020

By | June 25th, 2020|Charlemagne Int'l Properties, Homes with Pools, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, 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, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence|

A Terranea Resort Sunset   The Rancho Palos Verdes housing market did not let a pandemic, a falling stock market, or a shaky economy flatten its spring surge. If you're wondering if buyers are buying and sellers are selling, here's your answer:  50 Rancho Palos Verdes single-family homes are listed for sale. 49 RPV houses are in escrow with accepted offers, and 129 Rancho PV single-family residences have sold thus far in 2020.   More Palos Verdes Real Estate Snapshots for June 2020:   For more details about your neighborhood of interest call Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com.   Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner DRE: 01147470   Questions or Requests? Submit the contact form, and I'll get back to you with a response. [contact-field label="Name" type="name" required="true" /][contact-field label="Email" type="email" required="true" /][contact-field label="Website" type="url" /][contact-field label="Message" type="textarea" /]  

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 [...]