February 2019

Palos Verdes Estates Market Snapshot February 2019

By | February 27th, 2019|Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Estates, Palos Verdes Luxury Homes, Valmonte|

The Palos Verdes Estates single-family real estate market returned to a seller's market this month. There are 39 single-family homes for sale in PVE, 16 are in escrow, and three Palos Verdes Estates homes sold thus far in 2019. Palos Verdes single family homes inventory is hovering around 150 homes for sale. Last year the number was closer to 200 single family homes for sale at any given time. The lower supply of homes and the continued demand by buyers creates a market tipped toward sellers. Perhaps there will be an uptick in listings as the spring market nears, but [...]

January 2019

Palos Verdes Estates Real Estate Snapshot Jan. 2019

By | January 29th, 2019|Buyer Tip, Favorite Photos - Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes|

Happy New Year! January is usually a quiet month for Palos Verdes real estate, and the beginning of 2019 appears to be no exception. Pending sales are down as is the number of homes for sale. There are 40 Palos Verdes Estates single-family residences for sale. Six PVE houses are in escrow with accepted offers, and 175 single family Palos Verdes Estates homes sold during 2018.   More Palos Verdes Market Snapshots for January 2019:     If you have plans to buy or sell a Palos Verdes Property this year contact me for more information about your neighborhood of [...]

November 2018

Palos Verdes Estates, CA Real Estate Snapshot Nov 2018

By | November 15th, 2018|Buyer Tip, 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 55 Palos Verdes Estates single-family homes for sale. 16 PVE single-family properties are in escrow with accepted offers, and 156 Palos Verdes Estates houses have sold thus far in 2018. Palos Verdes Estates is lingering on the edge of a seller's market with slight movement toward a neutral market favoring neither the seller nor the buyer. PVE and Rancho Palos Verdes are the two strongest seller's markets on the Peninsula. Both are 3.4 on my Little Yellow Dot Slider.   More Palos Verdes Real Estate Snapshots for November 2018: If you would like more details about the market [...]

Palos Verdes Luxury Homes Real Estate Snapshot Nov 2018

By | November 14th, 2018|Buyer Tip, Front Page, Monte Malaga, Palos Verdes Estates, Palos Verdes Luxury Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent, Rolling Hills|

There are currently nine Palos Verdes luxury homes, those priced at or above $3,000,000, in escrow with accepted offers. 64 Palos Verdes luxury residences are for sale, and 47 high-end Palos Verdes properties have sold year-to-date. The Palos Verdes luxury home market enjoyed an uptick in activity last month and moved the Little Yellow Dot closer to a neutral market. More Palos Verdes Real Estate Snapshots for November 2018: A glance reveals the Little Yellow Dots are indicating we are moving away from a seller's market and into a neutral market favoring neither the seller nor the buyer. It's been [...]

September 2018

Palos Verdes Estates Real Estate Snapshot September 2018

By | September 21st, 2018|Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Estates, Palos Verdes Luxury Homes|

Malaga Cove Plaza in Palos Verdes Estates Are you wondering about the strength of the real estate market in PVE? If you only have a few seconds to determine the answer, here is the Palos Verdes Estates single family homes real estate snapshot for September 2018: The Palos Verdes Estates real estate market is still strong, but as indicated by my Little Yellow Slider, it's inching its way toward a neutral market favoring neither the seller nor the buyer.   More Palos Verdes Peninsula single family homes real estate snapshots for September 2018: The luxury market for homes [...]

Palos Verdes Luxury Homes Real Estate Snapshot September 2018

By | September 19th, 2018|An Agent's Life, Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Drive South, Palos Verdes Drive West, Palos Verdes Estates, Palos Verdes Luxury Homes, Rancho Palos Verdes, Valmonte|

The Palos Verdes luxury home market experienced a noticeable uptick in activity at the close of summer with a few homes going off the market and the number of high-end homes in escrow nearly doubling.  With those numbers, my Little Yellow Dot indicates the luxury home market is still favoring buyers, but moving closer toward a neutral market favoring neither the seller nor the buyer.   The Rolling Hills market (primarily high-end properties) reflects a similar shift due to a reduction in the number of homes for sale, and an increase in the number of residences in escrow with accepted [...]

August 2018

Palos Verdes Estates Real Estate Snapshot August 2018

By | August 28th, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes, Palos Verdes Estates, Valmonte|

Queen's Necklace view from a Palos Verdes Estates window. There are 54 Palos Verdes Estates single-family homes listed for sale per the local Multiple Listing Service. This number has remained in the 50 to 60 range for the past several months. These consistent statistics indicate Palos Verdes Estates homes are being listed and sold at a rate that keeps supply and demand balanced. My "Little Yellow Dot" points to a stable market, but with some cooling and movement toward a neutral demand in the Palos Verdes Estates single-family real estate market. 18 Palos Verdes Estates single-family homes are [...]

July 2018

Palos Verdes Estates CA Homes Snapshot July 2018

By | July 19th, 2018|Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Estates, Palos Verdes Luxury Homes, Valmonte|

The market for single-family homes in Palos Verdes Estates remains in a robust seller's market. There are 62 Palos Verdes Estates single family homes for sale. 29 PVE residences are in escrow with accepted offers, and 93 Palos Verdes Estates houses have sold year-to-date. The overall single-family home market on the Palos Verdes Peninsula has slowed slightly due to increased inventory and slowed absorption. In April 2018 MLS records show there were 147 single family homes listed for sale. My July stats reveal we now have 219 active listings for single-family houses on the entire Palos Verdes Peninsula. The market [...]

June 2018

Palos Verdes Estates, CA Real Estate Snapshot June 2018

By | June 25th, 2018|Front Page, Lifestyle in Palos Verdes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Estates, Palos Verdes View Homes|

There are 60 Palos Verdes Estates single-family homes for sale. 30 Palos Verdes Estates single-family residences are in escrow with accepted offers, and 71 PVE single-family houses have sold year-to-date. Those numbers tell us Palos Verdes Estates remains in a strong seller's market. Other Palos Verdes Market Snapshots for June 2018: Palos Verdes Estates was the only sub-market on the Palos Verdes Peninsula that experienced an uptick in "market heat" since the May statistics were tallied.  All the other markets cooled to some degree. That speaks to the desirability of the coastal homes in Palos Verdes Estates, and perhaps foretells a [...]

Palos Verdes Luxury Homes Market Snapshot June 2018

By | June 19th, 2018|Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Drive East, Palos Verdes Drive South, Palos Verdes Drive West, Palos Verdes Luxury Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent|

The Palos Verdes luxury home real estate market is comfortably settled in a neutral market favoring neither the seller nor the buyer as it has been for the past several months. There are 57 luxury homes priced at or above $3,000,000 for sale on the Palos Verdes Peninsula. 13 Palos Verdes luxury homes are in escrow with accepted offers. 24 Palos Verdes luxury homes have sold year-to-date. Palos Verdes Real Estate Market Snapshots June 2018:   For more information about the Palos Verdes luxury home market contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com.   Selling Palos Verdes Properties since 1992