Palos Verdes Luxury / High-end Properties Sales Report–May 2016

By | May 4th, 2016|Charlemagne Int'l Properties, Palos Verdes Luxury Homes|

Here's an interesting Palos Verdes real estate statistic that clearly indicates the direction the luxury home segment of the housing market is heading:  Nearly 25% of all single-family homes listed for sale in Palos Verdes are priced at or above $3,000,000.   48 Single-family homes priced at or above $3,000,000 are currently listed for sale. 14 Palos Verdes luxury homes are in escrow with accepted offers. 17 Palos Verdes luxury properties have sold year-to-date. It's a savvy time to sell your Palos Verdes luxury home.  For the first time in years, the Palos Verdes luxury home market is in a stronger seller's market than the beach cities of Hermosa, Manhattan and Redondo.  Buyers are discovering they get more house for the money in Palos Verdes, and that's good news for Palos Verdes luxury home sellers! Now is an excellent time to take advantage of our one-hour free consultation to determine [...]

Palos Verdes Luxury Home Report–Listings & Sales–April 2016

By | April 7th, 2016|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Luxury Homes|

Spring is in the air!  The birds are singing, buyers are calling, so let's check if sellers are listing their luxury homes, and if high-end luxury homes are selling in Palos Verdes. There are currently 52 Palos Verdes luxury single family residences priced at or above $3,000,000 for sale. 8 Palos Verdes luxury homes ($3M+) are in escrow with accepted offers.   7 Palos Verdes luxury properties sold during the month of March 2016.  Rancho Palos Verdes captured three luxury sales, Rolling Hills and Palos Verdes Estates each recorded two luxury residential sales in March. A quick glance at our market snapshot  reveals the Palos Verdes luxury home market is in neutral territory indicating the luxury home segment of the housing market is stable favoring neither sellers nor buyers.  Based on current inventory and rate of absorption the luxury home market has approximately a six-moth supply of luxury homes in [...]