Rancho Palos Verdes Real Estate Snapshot August 2018

By | August 22nd, 2018|Charlemagne Int'l Properties, Palos Verdes Coastal Homes, Palos Verdes Homes with Pools, 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, Top Palos Verdes Listing Agents|

Rancho Palos Verdes continues to be the hottest market on the hill, per my Little Yellow Dot market slider, with 107 single family homes for sale and 51 single family residences in escrow with accepted offers. 228 Rancho Palos Verdes single family homes have sold thus far in 2018.   Other Palos Verdes Peninsula Real Estate Snapshots for August 2018: Rolling Hills and the $3 mm and up luxury market both gained some heat during the summer months. However, those markets remain in a buyer's market with a slight move toward a neutral market. 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 Want more information about your neighborhood? Contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

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 [...]

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 [...]

Rolling Hills Estates and PVP Real Estate Snapshot July 2018

By | July 16th, 2018|Charlemagne Int'l Properties, Palos Verdes Horse property, Rolling Hills Estates Report, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

There are over 200 homes for sale on the Palos Verdes Peninsula, but only 22 single-family homes are listed for sale in Rolling Hills Estates and the unincorporated neighborhoods on the Palos Verdes Peninsula (Westfield, Academy Hills, etc.) along Palos Verdes Drive North. Nine RHE and PVP residences are in escrow with accepted offers, and 42 single family houses have sold in Rolling Hills Estates and PVP unincorporated areas year-to-date. Due to a small increase in available homes for sale the market has cooled slightly. However, the areas remain in a strong seller's market. Other Palos Verdes real estate market snapshots for July 2018: Note Rolling Hills and the luxury market for homes priced at or above $3,000,000 are now in a strong buyer's market. The higher price point of these homes accounts for the slower absorption of available inventory. Palos Verdes Real Estate Report July 2018 #palosverdes #realestate #charlemagneinternationalproperties #normatoeringrealestatebroker [...]

Rancho Palos Verdes Real Estate Snapshot July 2018

By | July 14th, 2018|Charlemagne Int'l Properties, Palos Verdes Coastal Homes, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Seller Tips, Selling your Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Thinking of selling or buying in 2018? It's not too late to catch the wave! I'm sipping a tall glass of iced sun tea as I write this on a hot and humid Saturday morning. July's heat is more than making up for our cooler than usual June! Does weather affect the Palos Verdes real estate market? Yes, but not nearly as much as in other parts of the U.S. Once in a while I will have a showing cancellation due to extreme heat, but those are rare. Many homes have air conditioning or ocean breezes--sometimes both, making touring houses comfortable except on triple-digit heat days. Rancho Palos Verdes real estate market seems to be tolerating the heat wave just fine. Once again it remains the "hottest" real estate market on the Hill, beating out Palos Verdes Estates by a small margin. There are 100 single family homes [...]

Palos Verdes Real Estate Snapshot July 2018

By | July 11th, 2018|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 top real estate agents, Rancho Palos Verdes Listing Agent, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence|

    Hot weather, firecrackers and sky-high temperatures have not taken the sizzle out of the local Palos Verdes real estate market. Although inventory is up slightly with 219 single family homes for sale, the market is firmly embedded in a still strong seller's market. 87 Palos Verdes single family homes are in escrow with accepted offers, and 342 residences have sold year-to-date in Palos Verdes.   Palos Verdes real estate snapshots by the city: Palos Verdes luxury home snapshot ($3mm+): Both the luxury market and Rolling Hills have increased inventory and sluggish sales. This imbalance moved those markets into a strong buyer's market. Palos Verdes Real Estate Report July 2018 #palosverdes #realestate #charlemagneinternationalproperties #normatoeringrealestatebroker #whatsmyhouseworth #sellmyhouse A post shared by Norma Toering l Real Estate (@normatoering) on Jul 10, 2018 at 3:53pm PDT Selling Palos Verdes Properties Since 1992

Rancho Palos Verdes Real Estate Snapshot June 2018

By | June 13th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Palos Verdes Coastal Homes, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Selling your Palos Verdes Home, Seniors Selling Primary Residence|

Rancho Palos Verdes claims the coveted title of "Hottest Market on the Hill" for June 2018. With 81 single-family homes for sale, 59 single-family homes in escrow with accepted offers, and 150 Rancho Palos Verdes homes sold year-to-date, the largest city on the Palos Verdes Peninsula is enjoying a hot seller's market as we roll into summer.   Other Palos Verdes Real Estate Market Snapshots for June 2018: June 2018 One Minute Market Video: Palos Verdes real estate market update June 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #sellinghomes ##marketreport A post shared by Norma Toering l Real Estate (@normatoering) on Jun 5, 2018 at 11:36am PDT For more information about selling or buying a Rancho Palos Verdes home contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

Rolling Hills Real Estate Snapshot June 2018

By | June 12th, 2018|Rolling Hills Homes, Rolling Hills Horse Property, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Rolling Hills experienced a mini-surge in new listings during the past few weeks. The new listings coupled with only three homes in escrow with accepted offers pushed the Rolling Hills market into a strong buyer's market. This may be a temporary imbalance due to the high number of listings during the summer selling season, and buyers may absorb the new inventory, but we'll have to wait and see. Meanwhile, now is an excellent time to be a buyer if you're in the market to buy a Rolling Hills home. There are 37 homes for sale in Rolling Hills. Three houses are in escrow, and 10 Rolling Hills homes have sold year-to-date.   Palos Verdes Real Estate Snapshots for June 2018: June 2018 One Minute Market Video: Palos Verdes real estate market update June 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #sellinghomes ##marketreport A post shared by Norma Toering l Real Estate (@normatoering) [...]

Rolling Hills Estates Real Estate Snapshot May 2018

By | May 12th, 2018|Charlemagne Int'l Properties, Rolling Hills Estates Report, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

New Construction Homes in Rolling Hills Estates   There are 16 Rolling Hills Estates and Palos Verdes Peninsula (unincorporated area of PV) single-family homes for sale. Seven RHE and PVP single-family properties are in escrow with accepted offers. 20 Rolling Hills Estates and Palos Verdes Peninsula single-family residences have sold year-to-date.   There was a slight increase in inventory from the April stats, thus moving The Yellow Dot to a more lukewarm seller's market. However, inventory is still low RHE and the PVP areas of the Palos Verdes Peninsula. Market snapshots for real estate markets on the Palos Verdes Peninsula: If you're considering selling or buying a home in Palos Verdes, it would be my pleasure to provide valuable ($$$) information about the neighborhoods of interest.  "Buy Wise and Sell Smart" are my taglines for a reason.  :)   Palos Verdes Homes Market Report May 2018. #palosverdes #realestate [...]

Rolling Hills CA Real Estate Snapshot May 2018

By | May 11th, 2018|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Rolling Hills Homes, Seniors Selling Primary Residence|

Rolling Hills Stable The Rolling Hills real estate market remains in a neutral market favoring neither the seller nor the buyer. The higher price point of Rolling Hills residences translates to a slower absorption rate.  Many RH homes spend more days on the market than properties in other Palos Verdes real estate submarkets. The luxury market for homes over $3,000,000 is another example of higher prices usually translating to more days on the market due to a smaller pool of qualified buyers. There are 30 Rolling Hills homes for sale and only six in escrow at the time of this writing. Eight Rolling Hills residences have sold year-to-date. Snapshots of Palos Verdes real estate markets:   Palos Verdes Homes Market Report May 2018. #palosverdes #realestate #normatoeringrealestatebroker #charlemagneinternationalproperties #sellmyhome #luxuryrealestate #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on May 8, 2018 at 11:38am PDT For [...]