May 2018

Rolling Hills Estates and PVP Real Estate Snapshot May 2018

By | May 18th, 2018|Buyer Tip, Horse Property, Palos Verdes Drive North, 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 [...]

Rolling Hills Real Estate Report May 2018

By | May 17th, 2018|Buyer Tip, Horse Property, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Rolling Hills, Seller Tip|

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 [...]

Palos Verdes Real Estate Market Snapshot May 2018

By | May 14th, 2018|Buyer Tip, Lifestyle in Palos Verdes, Palos Verdes, Palos Verdes Homes for Rent, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Rolling Hills|

  The single-family residential real estate market on the Palos Verdes Peninsula continues to maintain its firm grasp on a seller's market, even with a slight growth in inventory since last month's report. Demand continues to keep the supply in check. Timing plays a vital role in real estate, and this is the time of year buyers yearn to make a move to their neighborhood of choice. Fortunately, Palos Verdes buyers have a few more options with the increased supply, and sellers usually have more showings during the spring and summer months. However, a well-appointed and well-priced home will attract [...]

Palos Verdes Luxury Homes Market Snapshot May 2018

By | May 10th, 2018|Buyer Tip, Los Angeles Luxury Homes, Palos Verdes Luxury Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent|

  A coastal view on the gorgeous Palos Verdes Peninsula   Palos Verdes Luxury Real Estate Report for May 2018 #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #luxuryrealestate #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on May 1, 2018 at 11:55am PDT The Palos Verdes real estate market snapshot update for May 2018:   There are 53 luxury properties priced at or over $3,000,000 for sale on the Palos Verdes Peninsula. Luxury homes comprise over 25% of the single-family homes currently for sale. 13 Palos Verdes luxury homes are in escrow with accepted offers. 15 luxury properties [...]

April 2018

Palos Verdes Estates Real Estate Report April 2018

By | April 27th, 2018|Buyer Tip, Lifestyle in Palos Verdes, Monte Malaga, Palos Verdes Estates|

The median price of a Palos Verdes Estates single-family home is $1,930,500 per one of the leading real estate sites. The median price for single-family homes on the entire Palos Verdes Peninsula is around $1,500,000. Only Rolling Hills has a higher median price ($3,161,100) than PVE.   51 Palos Verdes Estates single-family homes are for sale, and 36 of those properties are priced over $2,000,000. 19 Palos Verdes Estates homes are in escrow with accepted offers. 41 Palos Verdes Estates residences have sold year-to-date. Palos Verdes market snapshots for April 2018:   Palos Verdes Real Estate Update April 2018 #charlemagneinternationalproperties [...]

Where Are Palos Verdes Luxury Homes Located?

By | April 25th, 2018|Buyer Tip, Featured Posts, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Luxury Homes, Seller Tip|

New construction along the coast in Rancho Palos Verdes, CA. Palos Verdes luxury homes are located throughout the four cities on the Palos Verdes Peninsula. If we define "luxury home" as those properties selling for $3,000,000 and up, there is a higher concentration of luxury properties in Rolling Hills and Palos Verdes Estates. Rancho Palos Verdes is gaining ground in the luxury category as well. Luxury home sales on the Palos Verdes Peninsula during the past twelve months: Palos Verdes Estates:  23 Luxury homes sold per MLS records. Rancho Palos Verdes:  16 Luxury home sales were recorded per MLS [...]

Rolling Hills CA Real Estate Report April 2018

By | April 11th, 2018|An Agent's Life, Buyer Tip, Front Page, Horse Property, Lifestyle in Palos Verdes, Rolling Hills|

  The Rolling Hills real estate market is in a neutral zone favoring neither the seller nor the buyer. A neutral market offers equal negotiating power to both parties. Unlike a strong seller's market with limited inventory, a balanced neutral real estate market offers more choices to prospective buyers and more competition for sellers. The higher price point of Rolling Hills properties impacts the speed of absorption. The pool of prospective buyers for luxury homes is smaller than that of people shopping for an entry-level home in the million dollar range. There are currently only three homes priced under $2,000,000 [...]

Palos Verdes Real Estate Market Snapshot April 2018

By | April 10th, 2018|An Agent's Life, Buyer Tip, Front Page, Los Angeles Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent, Seller Tip|

    The weather today is hotter than the single-family residential market on the Palos Verdes Peninsula--and that's hot! Thanks to Santa Ana winds and a longtime smoldering seller's market both fall into the "hot" category. How long either will last is hard to predict, but one thing I'm certain of is neither one will last forever. Notice the "Little Yellow Dot" indicates the heat of the seller's market is intensifying as we enter the spring and summer selling seasons. Most people prefer to move during the summer, especially if they have children in school. Let's review other sub-markets within [...]

Rolling Hills Estates Real Estate Snapshot April 2018

By | April 10th, 2018|Buyer Tip, Front Page, Horse Property, Palos Verdes Drive North, Rolling Hills Estates|

The supply of single-family homes for sale in Rolling Hills Estates is lagging behind demand. Once again, RHE has nearly as many homes in escrow with accepted offers as there are single-family residences for sale. These statistics compute to a very hot seller's market in Rolling Hills Estates, CA.   There are currently 12 single-family properties for sale in Rolling Hills Estates. 11 RHE homes are in escrow with accepted offers. 16 Rolling Hills Estates single-family homes have sold YTD. Here's a quick snapshot of other real estates markets on the Palos Verdes Peninsula:   For more information on a [...]

Palos Verdes Estates Real Estate Report March 2018

By | April 3rd, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles coastal income property, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Estates, Palos Verdes Luxury Homes|

  There are 45 single-family homes for sale in Palos Verdes Estates, CA. 24 Palos Verdes Estates residences are in escrow with accepted offers.  Year-to-date 22 Palos Verdes Estates single-family homes sold. The March 2018 real estate statistics reveal the seller's market in Palos Verdes Estates is increasing in strength as we approach the spring selling season.   For more details about a particular neighborhood in Palos Verdes Estates contact Norma Toering at 310.493.8333.