Fall 2023 Palos Verdes Real Estate Report

By |2023-09-08T09:40:25-07:00September 7th, 2023|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, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents, Uncategorized|

  The seller's market has deep roots on the Palos Verdes Peninsula. I know very few things last forever, but this real estate market is having one very long run! There are currently 96 single-family homes for sale on the Palos Verdes Peninsula. There are 54 single-family residences in escrow with accepted offers. As of September 2023, 342 single-family properties closed escrow. As a seller, this market still belongs to you unless you are overly optimistic about the value of your property. Price reductions are popping up more often. Buyers are savvy; they will pay top dollar for the right house but won't overpay by much. Chasing the market down is the weakest position a seller can find himself in, so price right from day one, and you may still generate multiple offers, especially if your home is in tip-top showing condition. As a buyer, consider your house as shelter [...]

Selling or Buying a Palos Verdes Home Spring 2022

By |2022-05-27T10:03:53-07:00May 16th, 2022|Charlemagne Int'l Properties, Featured Articles, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes Housing Report, Palos Verdes Luxury Homes, Palos Verdes top real estate agents, Uncategorized|

  The Palos Verdes real estate market continues to reach new heights, with April 2022 stats showing 44 single-family homes for sale and 79 in escrow with accepted offers. Those numbers tell the story of low inventory and high demand. Pre-pandemic stats for April 2019 reflect the impact of the past three years on the local housing market. April 2019 stats show 191 single-family PV homes were for sale, and 97 were in escrow. No wonder there are multiple offers and bidding wars as buyers continue to compete for their little slice of the Palos Verdes lifestyle. May 2022 numbers reflect a slight increase in the number of active listings, and May pending properties match April's 79 pending sales. May 2022 Little Yellow Sliders for Palos Verdes Single Family Homes:     You may reach me at 310.493.8333 by text or call with your real estate questions. Email Norma@CharlemagneProperties.com Norma [...]

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 [...]

Rancho Palos Verdes Real Estate Snapshot Jan 2021

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

Rancho Palos Verdes Snapshot December 2020

By |2021-07-20T16:58:42-07:00December 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 Estates Real Estate Snapshot Dec. 2020

By |2021-07-20T16:58:43-07:00December 16th, 2020|Charlemagne Int'l Properties, Palos Verdes Estates Report, Palos Verdes Gated Estates and Homes, Palos Verdes Luxury Homes, Selling your Palos Verdes Home, Seniors Selling Primary Residence, South Bay of Los Angeles Homes For Sale, Top Palos Verdes Listing Agents, Uncategorized|

View From a Palos Verdes Estates Bluff Front Property The end of the Pandemic Year of 2020 is in sight, and vaccines are on the way. I love finishing on a positive note! The Palos Verdes real estate market has remained unfailingly positive throughout the chaos that dominated 2020. Inventory remains tight in Palos Verdes Estates with only 38 single family homes for sale. 22 residences are in escrow with accepted offers, and 137 PVE houses have sold year to date. More Palos Verdes Real Estate Snapshots for December 2020: If I can help you with your real estate needs in 2021 know that I am only a phone call, text, or email away! For more information about sales and listings in your Palos Verdes neighborhood of choice, contact Norma Toering at 310.493.8333. You may also email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992 Norma Toering Broker/Owner, DRE 01147470

Palos Verdes Luxury Homes Snapshot December 2020

By |2021-07-20T16:58:43-07:00December 10th, 2020|Charlemagne Int'l Properties, 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, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Uncategorized|

I am ready to wrap up the year 2020 and relegate it to memories past. However, one of the big pluses of this pandemic is the strength of the local Palos Verdes real estate market. The market earned Five Stars from me for sloughing through the past nine pandemic months with strength and vigor. The showings and sales continued without missing a beat. Prices edged higher as demand increased. Buyers and agents donned masks, booties, and hand sanitizers with high hopes and little fanfare as they followed the new rules of buying a house during a pandemic. It was a year in my real estate career that stands apart from anything else I've experienced in my nearly thirty years of selling property in Palos Verdes and the South Bay of Los Angeles. How's the luxury market? The typical slowing during the holidays is evident with 51 Palos Verdes luxury homes [...]

Rolling Hills Estates & PVP Real Estate Snapshot 10/2020

By |2021-07-20T16:58:43-07:00November 9th, 2020|Charlemagne Int'l Properties, Luxury Homes, Palos Verdes Horse property, Palos Verdes top real estate agents, Rolling Hills Estates Report, Selling your Palos Verdes Home, selling your palos verdes luxury home, Seniors Selling Primary Residence, Top Palos Verdes Listing Agents, Uncategorized|

Rolling Hills Estates is Horse Country on the Palos Verdes Peninsula Palos Verdes real estate inventory remains low, and buyer demand continues to drive prices to new highs as we wrap up 2020. If Zillow is correct, it looks like we can expect price increases in the coming year. "The typical home value of homes in Rolling Hills Estates is $1,472,025. This value is seasonally adjusted and only includes the middle price tier of homes. Rolling Hills Estates home values have gone up 7.8% over the past year and Zillow predicts they will rise 8.3% in the next year." Rolling Hills Estates New Construction Dining Room There are currently 19 single-family homes for sale in Rolling Hills Estates and the unincorporated areas of the Palos Verdes Peninsula. 28 homes are in escrow with accepted offers, and 79 RHE and PVP single-family properties have sold thus far in 2020. More Palos [...]

Palos Verdes Estates Snapshot October 2020

By |2021-07-20T16:58:43-07:00November 2nd, 2020|Uncategorized|

View from a Palos Verdes Estates Home The last quarter of 2020 finds the real estate market in Palos Verdes Estates, California thriving with 45 single-family homes for sale, 26 residences in escrow, and 121 PVE single-family homes sold year to date. A quick glance at my Little Yellow Slider is all you need to determine the Palos Verdes Estates housing market still favors sellers, as it has for the past several years. Per Zillow, we can expect continued price increases during the coming year: "The typical home value of homes in Palos Verdes Estates is $2,167,708. This value is seasonally adjusted and only includes the middle price tier of homes. Palos Verdes Estates home values have gone up 5.0% over the past year, and Zillow predicts they will rise 6.7% in the next year." More Palos Verdes Real Estate Snapshots for October 2020: For more information about your neighborhood [...]

Rolling Hills Estates and PVP Snapshot Aug 2020

By |2021-07-20T16:58:43-07:00August 31st, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Horse property, Palos Verdes Luxury Homes, Palos Verdes Luxury Homes Report, Palos Verdes top real estate agents, Rolling Hills Estates Report, Uncategorized|

The end of summer finds the local Palos Verdes real estate market still favoring sellers. Inventory remains low, and buyer demand appears to be on the rise. Rolling Hills Estates and the unincorporated areas of the Palos Verdes Peninsula are no exception to the hot market blanketing the area. There are 29 single-family homes for sale in RHE and PVP neighborhoods. 12 RHE and PVP residences are in escrow with accepted offers, and 53 Rolling Hills Estates and Palos Verdes Peninsula single'family properties have sold thus far in 2020. More Palos Verdes Real Estate Snapshots for August 2020: For more information about your neighborhood of choice, contact Norma Toering at 310.493.8333 or email Norma@CharlemagneProperties.com and I'll provide you with additional details. Selling Palos Verdes Properties since 1992 Norma Toering, Broker/Owner DRE 01147470

Go to Top