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 [...]

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 [...]

Palos Verdes Luxury Homes Snapshot for February 2021

By | February 18th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, 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|

At this time, I'm fairly certain most of us are happy to be alive and surviving life in the times of the coronavirus. The little luxuries of life are appreciated (and noticed) daily, and life on the Palos Verdes Peninsula certainly has its own luxuries both large and small. Little Luxuries of Life The Palos Verdes luxury home inventory experienced a slight increase over last month with 46 PV luxury properties priced at or above $3,000,000 for sale. 12 Palos Verdes single-family luxury homes priced at $3,000,000 and up are in escrow with accepted offers and five luxury residences sold in January 2021. A Palos Verdes Luxury Residence Sold by Charlemagne Intl Properties The Palos Verdes luxury real estate market is now a neutral market favoring neither the seller nor the buyer. If you are in the market to buy or sell a PV property this balanced market works well [...]

Palos Verdes Real Estate Snapshot February 2021

By | February 15th, 2021|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Gated Estates and Homes, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Market Snapshot, 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|

Bluff Front Homes in Rancho Palos Verdes, CA The top real estate story for the Palos Verdes area continues to be one of low inventory. At the beginning of this month there were 77 Palos Verdes single-family homes list for sale, and 73 PV single-family homes were in escrow with accepted offers. New inventory is absorbed as soon as it hits the market. The limited supply continues to drive prices higher. A quick glance at my Little Yellow Dot shows the market is a strong one for sellers. The competition for houses is keen and overbids are not unusual. A Rolling Hills property recently sold for more than a million dollars over asking price. If you're thinking of selling or buying real estate and would like some help with the process, call me, and together we will accomplish your real estate goals for 2021. Selling Palos Verdes Properties Since 1992 [...]

Rancho Palos Verdes 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 top real estate agents, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Seller Tips, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence, South Bay of Los Angeles Homes For Sale, Top Palos Verdes Listing Agents, Uncategorized|

A Coastal Sunrise in Rancho Palos Verdes Happy New Year! As we wrap up the first month of 2021, housing inventory remains at an all-time low, and with the anticipated spring surge of buyers, the competition for houses on the Palos Verdes Peninsula is expected to intensify. If you're contemplating selling your RPV home, now is the time to prepare it for this hungry market. At the beginning of January 2021, on the day I pulled real estate statistics from the Multiple Listing Service, only 41 Rancho Palos Verdes single-family homes were listed for sale, and 38 RPV houses were in escrow with accepted offers. Those numbers are why I referred to this market as hungry; single-family homes are gobbled up quickly if they are priced right. If the thought of preparing your home for sale makes you shudder, then it's time to ask for help. I have experience on [...]

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 [...]

Rancho Palos Verdes Snapshot December 2020

By | December 17th, 2020|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Rancho Palos Verdes Listing Agent, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Top Palos Verdes Listing Agents, Uncategorized|

Catalina View from Rancho Palos Verdes I don't think I've ever been happier to write an end of the year real estate report. There's no doubt 2020 will be written into the history books with its pandemic, contested presidential election, and the economy deserving a mention. I wonder if the real estate market will garner a line or two since it withstood the aforementioned challenges without wavering. The Rancho Palos Verdes real estate market is white hot as we enter the winter season. 49 RPV single-family homes are for sale, and 54 houses are in escrow with accepted offers. 357 Rancho PV homes sold year to date. More Palos Verdes Real Estate Snapshots for December 2020: If you're considering selling your Palos Verdes home, don't let the pandemic deter you. We have safety measures in place for your protection as well as for the buyers. For more information call or [...]

Palos Verdes Real Estate Snapshot Nov. 2020

By | November 20th, 2020|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Housing 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, Top Palos Verdes Listing Agents|

What an incredible year this has been so far--just six more weeks until we greet 2021! With a vaccine on the horizon, we may finally turn the long-anticipated corner on the pandemic that played havoc with the economy, and our daily lives. The housing market in Palos Verdes never quivered. Instead, it continued its steady climb to new heights while the supply of homes struggled to keep pace with the demand. My takeaway is home has never been more important or fulfilled so many roles for homeowners. Home offices, homeschooling, home movies, and home-cooked meals increase the emotional and financial value of having a place to call your very own. There are currently 115 single family Palos Verdes homes listed for sale. 99 Palos Verdes residences are in escrow with accepted offers, and 580 single family residences sold year-to-date. Palos Verdes Coastal Homes More Palos Verdes Real Estate Snapshots for [...]

Rancho Palos Verdes Real Estate Snapshot Oct. 2020

By | November 9th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Palos Verdes Homes with view, 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, South Bay of Los Angeles Homes For Sale, Top Palos Verdes Listing Agents|

Coastal Living in Rancho Palos Verdes Once again, Rancho Palos Verdes has more single-family homes in escrow with accepted offers than there are houses listed for sale. I don't need to tell you that's an indicator that screams, "Hot Seller's Market!" There are currently 50 Rancho Palos Verdes single-family homes for sale. 66 RPV single-family residences are in escrow, and 284 SFRs have sold in Rancho PV thus far this year. Even the Coronavirus failed to cast a dark shadow over the local real estate market. Per Zillow, "The typical home value of homes in Rancho Palos Verdes is $1,365,103. This value is seasonally adjusted and only includes the middle price tier of homes. Rancho Palos Verdes home values have gone up 5.5% over the past year and Zillow predicts they will rise 7.7% in the next year." More Palos Verdes Real Estate Snapshots for October 2020: For more information [...]