Is now a good time to sell my Palos Verdes home? I'll let the numbers do the talking. :) You be the judge and let me know what you conclude. Palos Verdes market snapshots for April 2018: During a recent conversation with a mortgage broker who was purchasing one of my listings, he commented he was advising "everyone" to sell now. Inventory is low; prices have more than recovered from the recession a decade ago. I will add real estate tends to rise and fall on a ten-year cycle. Hmm, the market is always speaking to us. The statistical numbers show it's a great time to be a seller in this Palos Verdes real estate market. Buyers, don't despair, instead, consider the value of owning property in one of the most desirable locations in the South Bay of Los Angeles. The coastal location and stellar schools, both public and [...]
Welcome to a home on Williamsburg Lane in Rolling Hills The Rolling Hills real estate market is in a neutral zone favoring neither the seller nor the buyer. A neutral market offers equal negotiating power to both parties. Unlike a strong seller's market with limited inventory, a balanced neutral real estate market offers more choices to prospective buyers and more competition for sellers. The higher price point of Rolling Hills properties impacts the speed of absorption. The pool of prospective buyers for luxury homes is smaller than that of people shopping for an entry-level home in the million dollar range. There are currently only three homes priced under $2,000,000 for sale in Rolling Hills. Here are snapshots of other sub-markets on the Palos Verdes Peninsula: There are currently 24 Rolling Hill properties for sale. Five RH homes are in escrow with accepted offers, and nine Rolling [...]
The supply of single-family homes for sale in Rolling Hills Estates is lagging behind demand. Once again, RHE has nearly as many homes in escrow with accepted offers as there are single-family residences for sale. These statistics compute to a very hot seller's market in Rolling Hills Estates, CA. There are currently 12 single-family properties for sale in Rolling Hills Estates. 11 RHE homes are in escrow with accepted offers. 16 Rolling Hills Estates single-family homes have sold YTD. Here's a quick snapshot of other real estates markets on the Palos Verdes Peninsula: Palos Verdes Real Estate Update April 2018 #charlemagneinternationalproperties #normatoeringrealestatebroker #realestate #palosverdes #selling #buying A post shared by Norma Toering l Real Estate (@normatoering) on Apr 10, 2018 at 10:59am PDT For more information on a particular neighborhood or an individual Palos Verdes property contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com Selling Palos Verdes Properties Since [...]
Last week I had a listing appointment with a prospective seller of horse property in Rancho Palos Verdes. We discussed the improvement of some long-neglected trails in RPV and the impact the improvements will have on horse property in the area. Although Rolling Hills Estates and Rolling Hills are noted for their abundance of properties zoned for horses, many residences in the Palos Verdes Drive East area are zoned for horses as well. The Portuguese Bend area of Rancho Palos Verdes is another horse friendly neighborhood. Riding trails and boarding stables are located in the Valmonte neighborhood of Palos Verdes Estates. The unincorporated area of the Palos Verdes Peninsula is also equestrian friendly with trails and riding rings. There is no question the Palos Verdes Peninsula with its miles of riding trails is one of the top Los Angeles County equestrian communities. Whether you're searching for a property for a [...]
Out previewing new listings in Rolling Hills Estates. I spent a chilly March morning reviewing listings and sales in Rolling Hills Estates, and RHE has the dubious honor of having the lowest single-family residence inventory of homes for sale of the four cities located on the Palos Verdes Peninsula. At the time of my research, Rolling Hills Estates had only 14 single-family properties for sale. When the unincorporated areas of the Palos Verdes Peninsula are included (the Multiple Listing Service includes the unincorporated areas in the PVDN area) the number of homes for sale increases slightly. However, it is clear with nine single-family homes in escrow; Rolling Hills Estates remains a strong market for sellers and a popular choice for buyers. 15 Rolling Hills Estates single-family homes sold year-to-date. Palos Verdes Peninsula Real Estate Update for March 2018 by Norma Toering #charlemagneinternationalproperties #normatoeringrealestatebroker #realestate #palosverdes #sellmyhouse #pvhomes [...]
There are 24 single-family residences for sale in the gated City of Rolling Hills, California. Four Rolling Hills properties are in escrow with accepted offers. Five Rolling Hills single-family homes have sold YTD in 2018. The Rolling Hills real estate statistics reveal the market currently favors neither the seller nor the buyer and is a neutral market at this time. Whether you're a seller or buyer, this statistic is important when negotiating the sale or purchase of a property. Palos Verdes Peninsula Real Estate Update for March 2018 by Norma Toering #charlemagneinternationalproperties #normatoeringrealestatebroker #realestate #palosverdes #sellmyhouse #pvhomes A post shared by Norma Toering l Real Estate (@normatoering) on Mar 20, 2018 at 11:28am PDT For more information regarding selling or buying a home in Rolling Hills, CA contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Let me put my superior market knowledge to work for you!
There are 45 single-family homes for sale in Palos Verdes Estates, CA. 24 Palos Verdes Estates residences are in escrow with accepted offers. Year-to-date 22 Palos Verdes Estates single-family homes sold. The March 2018 real estate statistics reveal the seller's market in Palos Verdes Estates is increasing in strength as we approach the spring selling season. Palos Verdes Peninsula Real Estate Update for March 2018 by Norma Toering #charlemagneinternationalproperties #normatoeringrealestatebroker #realestate #palosverdes #sellmyhouse #pvhomes A post shared by Norma Toering l Real Estate (@normatoering) on Mar 20, 2018 at 11:28am PDT For more details about a particular neighborhood in Palos Verdes Estates contact Norma Toering at 310.493.8333.
If you are a Palos Verdes Estates resident or hope to be in the near future, here is a snapshot of the real estate market for Palos Verdes Estates: There are currently 31 single family homes for sale in Palos Verdes Estates. 14 PVE single-family homes are in escrow with accepted offers. 20 Single-family Palos Verdes Estates homes sold YTD in 2018. These numbers indicate the real estate market in Palos Verdes Estates remains in a strong seller's market. The median price for single-family homes sales in PVE is just over $2,000,000, and the median price per sq. ft. is $796. Palos Verdes Real Estate Market Update Feb 2018. #normatoeringrealestatebroker #palosverdes #charlemagneinternationalproperties #clicktowakemeup 😴 A post shared by Norma Toering l Real Estate (@normatoering) on Feb 6, 2018 at 11:07am PST For more information about buying or selling a Palos Verdes Estates home contact Norma@CharlemagneProperties.com or 310.493.8333.
Palos Verdes Real Estate One Minute Update January 2018 #palosverdeshomes #realestate #normatoering #brokerlife #charlemagneinternationalproperties A post shared by Norma Toering l Real Estate (@normatoering) on Jan 9, 2018 at 11:10am PST Happy New Year! The spotlight is on Rolling Hills Estates single-family homes in today's blog post. 71 Rolling Hills Estates single-family residences sold during 2017 per Multiple Listing Service records. The highest priced sale was $2,990,000 for a property in the Palos Verdes Drive North neighborhood. The least expensive purchase recorded in 2017 for a single-family home in RHE was $990,000 for a house in the Silver Spur neighborhood. There are currently ten, yes only ten single-family homes for sale in Rolling Hills Estates. Inventory supply in Southern California is at a five year low, and the local Palos Verdes Peninsula market is no exception. As we welcome 2018, the seller's market continues to thrive due to [...]
Beautiful Dawn photo by Norma Toering Happy New Year! The Palos Verdes luxury home market closed out 2017 with 51 sales of homes priced at or above $3,000,000. Thirty of the luxury home sales are located in Palos Verdes Estates. Rancho Palos Verdes recorded twelve sales, and Rolling Hills had nine luxury homes sales in the $3,000,000 and up price range. There are currently 35 Palos Verdes luxury homes for sale on the entire Palos Verdes Peninsula, and six Palos Verdes residences priced over $3 mm are in escrow with accepted offers. The number of Palos Verdes luxury homes listed for sale declined over the holidays as several were taken off the market. I expect these homes to come back on the market in the coming weeks. Based on calls and inquiries I'm receiving, I expect 2018 to be another robust year for the luxury home market on [...]