Palos Verdes Real Estate Snapshots May 2021

By |2021-07-20T16:58:42-07:00May 23rd, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Housing Snapshot, Palos Verdes Market Snapshot, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Rancho Palos Verdes Listing Agent, 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|

I'll make this report short and sweet, at least for sellers, as the Palos Verdes housing market continues to favor sellers as it has for the past several years. Inventory remains low, and buyer demand is high. Palos Verdes Real Estate Sliders for May 2021: A glance at my Little Yellow Sliders for May 2021 will confirm all PV markets, including the luxury market for homes priced above $3,000,000, reflect strong seller's markets. If you're a seller, your market continues; if you are a buyer, patience may be the ongoing game you must play. I've noticed some homes are remaining on the market a little longer, and a few price reductions are happening as well. These two factors may give buyers more choices and negotiating power as we enter the summer months. Price and presentation are key components for sellers when bringing their property on the market. Selling or buying [...]

The Palos Verdes Real Estate Market Is Still White Hot

By |2021-07-20T16:58:42-07:00April 30th, 2021|Palos Verdes Coastal Homes|

Palos Verdes home sellers have enjoyed one of the longest-running seller's markets in my memory. On the other hand, it's been a long and frustrating quest for buyers in search of a Palos Verdes home to call their own. Many of my buyer clients have tried many times, only to be outbid by other buyers on the same frustrating house-hunting journey. I recently read in the Wall St. Journal about a property receiving 76 offers. I submitted an offer on a PV property that received more than 20 offers! What's a buyer to do? Wait. I know that's not the advice you expect to hear from a real estate broker, but the market will react to the opening of the economy with a gradual increase in inventory as seller's decide now is the time to catch the wave of a still hot real estate market. Quelled fears and rising interest [...]

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 [...]

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 [...]

Palos Verdes Estates Real Estate Snapshot Feb 2021

By |2021-07-20T16:58:42-07:00February 24th, 2021|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Estates Report, Palos Verdes Ocean Front Homes, Palos Verdes top real estate agents, Selling your Palos Verdes Home, selling your palos verdes luxury home, Top Palos Verdes Listing Agents|

Single-family inventory in Palos Verdes Estates is up slightly, but sales are up also. Demand continues to match supple as we enter the spring selling season. The Little Yellow Dot reflects the slight increase in inventory, but also shows the Palos Verdes Estates real estate market remains one that favors sellers. There are currently 30 PVE single-family residences listed for sale. 18 Palos Verdes Estates are in escrow with accepted offers. As of the beginning of February, twelve single-family homes closed escrow. The most expensive PVE property to sell in 2021 thus far, was a home located on Paseo del Mar with a sales price of $9,200,000. A Valmonte residence claims the City's most affordable distinction after selling for $1,449,000. If you have questions about your Palos Verdes property, you may reach me at 310.493.8333 or email Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992 Norma Toering, Broker/Owner DRE 01147470

Palos Verdes Luxury Homes Snapshot for February 2021

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

Living the Palos Verdes Luxury Lifestyle

By |2021-07-20T16:58:42-07:00January 21st, 2021|Charlemagne Int'l Properties, Featured Articles, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, 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 Home, selling your palos verdes luxury home|

Rancho Palos Verdes luxury home with a view The definition of luxury is wide and varied. Certainly, the word takes on new meaning during a pandemic and times of economic uncertainties. Although a price tag is often used to define luxury, some of the best luxuries in life are priceless. I remember when I first moved to the Palos Verdes Peninsula, I was not that impressed with the homes. I left a 1929 character home in Florida and purchase a rather non-descript ranch-style home in Palos Verdes. The architecture was disappointing, but the natural beauty of the area impressed me with its magnificence. The views, the ocean, the open spaces, and the hiking trails were a source of constant pleasure and joy. Those are luxuries without price tags. However, we know coastal living is expensive. A panoramic view is costly, too. Let's look back at 2020 momentarily and review a [...]

Palos Verdes Real Estate Snapshot December 2020

By |2021-07-20T16:58:43-07:00December 15th, 2020|Charlemagne Int'l Properties, Los Angeles luxury listing agent, Luxury Homes, Palos Verdes Coastal Homes, Palos Verdes Gated Communities, Palos Verdes Homes with view, 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|

I don't know about you, but 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. Inventory for single family homes remains low with 113 residences for sale [...]

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 [...]

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