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 [...]

Palos Verdes Real Estate Snapshot October 2018

By | October 16th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury 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|

  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 The housing market may be cooling off in many parts of California due to limited inventory, higher prices, and higher interest rates, but the overall single-family segment of the Palos Verdes Peninsula real estate market remains in a seller's market. Homeowners on the Palos Verdes Peninsula can be grateful for the strong pillars of the coastal location, excellent schools and the fact that Rancho Palos Verdes was recently named one of the safest cities [...]

Rolling Hills Estates and PVP Real Estate Snapshot Sept. 2018

By | September 11th, 2018|Charlemagne Int'l Properties, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes top real estate agents, Rolling Hills Estates Report|

New Construction Homes in RHE   The median sale price for Rolling Hills Estates homes is $1.4 mm. There are 28 Rolling Hills Estates and PVP (unincorporated area of the Palos Verdes Peninsula) single-family homes listed for sale. Four RHE and PVP residences are in escrow with accepted offers. 56 PVP and RHE single-family properties have sold thus far in 2018.   My Little Yellow Slider indicates the Rolling Hills Estates and Palos Verdes Peninsula real estate markets moved into a buyer's market due to a slight increase in inventory and a dip in pending sales.   More Palos Verdes Real Estate Market Snapshots for September 2018:   Selling Palos Verdes Properties Since 1992 310.493.8333 or Norma@CharlemagneProperties.com.

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 [...]

Palos Verdes Single Family Homes Snapshot Sept 2018

By | September 4th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes top real estate agents|

  September is here, and I love the cooler mornings and evenings. There seems to be some cooling happening in the local single-family homes real estate market, too. Is it weather related? Maybe, but with back-to-school and a three-day weekend, it's difficult to pinpoint the reason. Most likely, it's an aging seller's market operating with a lower buyer demand--supply and demand define the market, and the Palos Verdes single-family real estate market is approaching a neutral market favoring neither the seller nor the buyer. Inventory is remaining steady with 216 Palos Verdes single family homes listed for sale. That's the same number as last month. There are 68 PV homes in escrow (80 last month) with accepted offers, and 469 Palos Verdes single-family homes have sold thus far in 2018. Othe Palos Verdes real estate market snapshots for September 2018: For more details about the local real estate market in [...]

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 Single Family Homes Snapshot August 2018

By | August 9th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes top real estate agents|

  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 It's been a sizzling summer on the Palos Verdes Peninsula, but the temperature of the local real estate market has cooled as the thermometer headed skyward. April's market slider was 1.8 on my Little Yellow Dot sliding scale; August comes in at 2.7 by the same measurement. This change translates to a slight move toward a balanced market favoring neither the seller nor the buyer. However, we are still in a seller's market albeit a weakening one. The spring market compared to the summer market of 2018:   There are 216 single-family homes for sale on the Palos Verdes Peninsula. This number is a slight increase over last month's inventory. 80 Palos Verdes single family homes are in escrow with accepted offers. 403 Single-family Palos Verdes [...]

Will Millennials Buy Big Boomer Houses?

By | July 30th, 2018|Beach City Luxury Homes, Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Seller Tips, Selling your Palos Verdes Home, Seniors Selling Primary Residence|

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 Since I make it a habit of following real estate trends, I've been wondering who will buy the baby boomers' big houses when it's time for them to downsize.  I'm sure you've seen trending articles stating Millennials do not want the family china, antiques, and other stuff filling their parents' home. The big question is, will they want to move into the family home, or purchase one of their choosing? Perhaps smaller and closer to the urban center--time will tell. The giant boomer generation owns two out of every five homes in the United States. Let that statistic sink in for a few moments. That's 32 million homes. Here's the article I'm quoting if you would like to delve deeper. Urban living is popular with [...]

Palos Verdes Estates, CA Real Estate Snapshot July 2018

By | July 13th, 2018|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes top real estate agents, Seller Tips|

The market for single-family homes in Palos Verdes Estates remains in a robust seller's market. There are 62 Palos Verdes Estates single family homes for sale. 29 PVE residences are in escrow with accepted offers, and 93 Palos Verdes Estates houses have sold year-to-date. The overall single-family home market on the Palos Verdes Peninsula has slowed slightly due to increased inventory and slowed absorption. In April 2018 MLS records show there were 147 single family homes listed for sale. My July stats reveal we now have 219 active listings for single-family houses on the entire Palos Verdes Peninsula. The market still favors sellers, but due to the increased inventory, buyers have more choices. Likewise, due to the slower absorption rate, buyers have more negotiating power as the market edges toward a neutral and balanced market favoring neither the seller nor the buyer. Due to the higher price point of homes [...]