310-493-8333|Norma@CharlemagneProperties.com

The Coastal Luxury Home Mid-Year Review

By |2026-07-09T14:56:02-07:00July 9th, 2026|Beach City Luxury Homes, Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Report, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, 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, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  Coastal homes, especially oceanfront and bluff-front homes, in the South Bay of Los Angeles often fall into the luxury home category due to their location alone. After all, there is a limited amount of coastline, and it comes with a price premium. Luxury properties with a panoramic view command top dollar as well. Combining location, views, and high-end residences defines the luxury home market in the South Bay coastal cities. Palos Verdes Luxury Homes Priced at $5,000,000 and Up Market Review for the First Half of 2026: 42 Palos Verdes Luxury Homes are currently for sale, ranging from $5.6M to $29M 8 Palos Verdes Luxury Homes are in escrow with accepted offers ranging from $5.2M to $8M 19 Palos Verdes Luxury Homes sold year to date, ranging from $5.1 to $9.7M Redondo Beach Luxury Homes Priced at $5,000,000 and Up Market Review for the First Half of 2026: 2 [...]

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Hello 2024!

By |2024-01-15T10:22:11-08:00January 15th, 2024|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Homes with view, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, Palos Verdes Market Snapshot, Palos Verdes most expensive homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Rolling Hills Homes, Rolling Hills Horse Property, Seller Tips, Selling your Palos Verdes Home, selling your palos verdes luxury home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence|

  It's time for an inventory check as we begin a new year in real estate on the Palos Verdes Peninsula. 59 Single-family homes are listed for sale. 44 Single-family homes are in escrow with accepted offers. Those are low numbers, and clearly, more listings are needed to satisfy buyer demand. If you're considering selling a Palos Verdes or South Bay property in 2024 the market will welcome the new addition. Don't hesitate to contact me if you would like a free one-hour consultation on preparing your property to sell for the highest price the market will bear. Together, we can accomplish your real estate goals! Norma Toering, Broker-Owner  DRE: 01147470 310-493-8333 Text or Call NormaToering@gmail.com

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Spring 2023 Palos Verdes Market Report

By |2023-03-27T10:25:12-07:00March 27th, 2023|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Luxury Homes Report, Palos Verdes most expensive homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, Rancho Palos Verdes Real Estate Report, Rolling Hills Horse Property, 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|

I'm singing the same old low inventory song; only 59 Palos Verdes single-family homes are for sale on the Palos Verdes Peninsula.  Also, there are 59 PV single-family homes in escrow with accepted offers. It's easy to see only a one-month housing inventory supply is available to buyers. With those numbers, Palos Verdes remains a seller's market as we enter the spring buying (and selling) season. March 2023 Sliders:

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Palos Verdes Peninsula Fall 2022 Real Estate Report

By |2022-10-01T09:23:48-07:00October 1st, 2022|Charlemagne Int'l Properties, Featured Articles, Palos Verdes Estates Report, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Luxury Homes Report, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rolling Hills Estates Report, Rolling Hills Market Report, Selling your Palos Verdes Home, Selling your Rancho Palos Verdes Home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

  Wow, what a difference a season makes! The beginning of summer was still full of multiple offers, over-asking price sales, and a queue of buyers anxious to plunge into the white-hot local Palos Verdes real estate market. Fall finds us with continuing low inventory, buyers looking for bargains, or at least a price reduction from the seller to signal the awareness of the significant shift in the market. The market shift arrived in PV, but its arrival was marked by gentle and slow changes rather than the hurricane force some other real estate markets received. Of the six markets I chart statistics for, four remain in a strong seller's market; the other two, luxury homes and Rolling Hills properties, are in a neutral market favoring neither the seller nor the buyer. That's still a very healthy market, but there is no doubt the market shift is creating changes in [...]

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Is the Seller’s Market Here to Stay?

By |2021-11-12T09:37:58-08:00November 12th, 2021|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Housing Snapshot, Palos Verdes Luxury Homes, 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, Rancho Palos Verdes Real Estate Report, Rolling Hills Homes, Rolling Hills Horse Property, Rolling Hills Market Report, 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, Uncategorized|

  It may seem as though the seller's market will stick around indefinitely, but as we know, change is one of the certainties of life. However, based on the hunger level for new listings, I believe similar market conditions will remain for another year or so. Sellers still have time to prepare their property for sale; buyers must participate or wait on the sidelines. However, there are some indications the white-hot market may be edging toward a cooling trend. Based on my experience, an offer I wrote at the beginning of 2021 received over twenty submissions; one written last week for a similar property and in a similar location and condition received only seven purchase offers. Yes, I know buyers will not find much comfort in those stats, but there was no frenzy in the most recent property presentation, whereas the earlier listing had a circus-like feel to the showing [...]

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Autumn Housing Report for Palos Verdes 2021

By |2021-10-25T11:34:02-07:00October 25th, 2021|Charlemagne Int'l Properties, Featured Articles, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Communities, Palos Verdes Gated Estates and Homes, Palos Verdes Homes with view, Palos Verdes Horse property, Palos Verdes Housing Snapshot, Palos Verdes Luxury Homes, Palos Verdes most expensive homes, Palos Verdes Ocean Front Homes, 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|

Some buyers wonder if it is time to take a seat and wait out the tight housing market. Real estate professionals point to low inventory--that old supply and demand rule from economics 101- when discussing why the seller's market continues to rule the housing marketplace.  Most consumers often have no reference point for historical inventory levels; here's the reality with real numbers. In October of 2019, 236 Palos Verdes single-family homes were for sale. Two years later, we have 76 single-family Palos Verdes homes for sale on the entire Peninsula. Every submarket on the Palos Verdes Peninsula, except for Rolling Hills, remains in a strong seller's market based on the statistics from earlier this month. Often, pending sales outnumber active listings. October 2021 Real Estate Market Sliders:   As we move deeper into the fourth quarter of 2021, inventory is showing a slight increase, and a few more listings are [...]

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2021 Summer Snapshot for Palos Verdes Single Family Homes

By |2021-08-03T08:48:04-07:00July 30th, 2021|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 Luxury Homes, Palos Verdes Luxury Homes Report, 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, Rolling Hills Homes, Rolling Hills Horse Property, Seller Tips, 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|

  The Palos Verdes housing market continues to burn bright for sellers, but there are signs of a slight shift in the air. I've noticed more price reductions and a growing number of days on the market for more than a few properties. These are early indicators of a change in the market. Maybe the pent-up housing demand the Pandemic unleashed is beginning to wane, or perhaps buyers decided to step away from the market for a breather after numerous failed attempts to purchase a property in the hot market of months past. Either way, buyer fatigue plays a role in the number of offers submitted as we enter the dog days of summer 2021. Sellers, don't worry, you have not missed the market, but it's always adapting to supply and demand. It is now a different market and requires adjustments. Preparing and pricing your property is more important than [...]

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Home Prices in Palos Verdes Are Up

By |2021-07-20T16:58:42-07:00March 27th, 2021|Beach City Luxury Homes, 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 [...]

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Palos Verdes Luxury Home Prices

By |2021-07-20T16:58:42-07:00March 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 [...]

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Palos Verdes Estates Real Estate Snapshot March 2021

By |2021-07-20T16:58:42-07:00March 27th, 2021|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, Rancho Palos Verdes Listing Agent, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents|

Malaga Cove I recently heard there are more real estate agents in California than there are properties for sale. I can't speak for the entire State, but it certainly is true for the Palos Verdes Peninsula. The speaker's point was to emphasize the lack of inventory, but what he didn't mention was there are multiple buyers waiting to pounce on new listings. Buyers are facing the most competitive market I've ever worked in during the past 29 years. It's wild and not for the faint of heart. 33 Palos Verdes Estates single-family homes are listed for sale. There are 22 homes in escrow with accepted offers. Although it is a raging seller's market, it is not easy for sellers to maneuver. Multiple offers can be overwhelming to sift through while selecting the one offer that works best for you. Price isn't the only consideration; terms are important, too. A team [...]

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