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 [...]

September 2018

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 [...]

May 2018

Palos Verdes Estates CA Real Estate Market Snapshot May 2018

By | May 16th, 2018|Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes Estates, Valmonte|

Palos Verdes Estates real estate market for single family homes remains in a strong seller's market. There are 54 PVE residences for sale. 27 Palos Verdes Estates homes are in escrow with accepted offers. 56 PVE single family properties have sold year-to-date. The Palos Verdes Estates real estate market for single family homes shows a slight uptick since the arrival of the spring selling season.   Palos Verdes real estate snapshots for other markets on the Palos Verdes Peninsula:   Palos Verdes Homes Market Report May 2018. #palosverdes #realestate #normatoeringrealestatebroker #charlemagneinternationalproperties #sellmyhome #luxuryrealestate #luxuryhomes A post shared by Norma Toering l [...]

February 2018

Palos Verdes Estates Real Estate Update February 2018

By | February 11th, 2018|Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Valmonte|

Palos Verdes Estates Luxury Home Photo by Norma Toering   If you are a Palos Verdes Estates resident or hope to be in the near future, here is a snapshot of the real estate market for Palos Verdes Estates: There are currently 31 single family homes for sale in Palos Verdes Estates. 14 PVE single-family homes are in escrow with accepted offers. 20 Single-family Palos Verdes Estates homes sold YTD in 2018. These numbers indicate the real estate market in Palos Verdes Estates remains in a strong seller's market. The median price for single-family homes sales in PVE [...]

January 2015

What’s My Palos Verdes Estates Home Worth?

By | January 27th, 2015|Featured Posts, Lifestyle in Palos Verdes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Palos Verdes View Homes, Seller Tip, Valmonte|

There’s no question the real estate market has traversed some peaks and troughs during the past decade.  If you recall, prices were on a steep incline ten years ago in 2005.  Alas, all good things must end, and the real estate joy ride of rising prices was no exception.  The plummet began in 2008 and continued until the beginning of 2012 when, by my calculations, prices bottomed out and bounced back with amazing speed.  2013 was the year of double-digit gains for many Southern California neighborhoods with stabilization reached in 2014.  That’s a short synopsis of a very turbulent decade [...]

June 2013

Best Horse Property in Palos Verdes

By | June 28th, 2013|An Agent's Life, Front Page, Horse Property, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Rolling Hills, Rolling Hills Estates, Valmonte|

I recently had a call from a slightly desperate agent.  He called me, with clients in his car, and asked, "Where is the best horse property in Palos Verdes?" I was momentarily startled by the timing of his question.  His clients were in the car and I was on speaker phone.  They were out driving around Palos Verdes in search of horse property and had no idea where to go.  Okay, to his credit the coupled walked in to his office in one of the beach cities and announced they were moving to the Los Angeles area and wanted to [...]

December 2012

Valmonte Introduction – Palos Verdes Neighborhoods – Norma Toering

By | December 26th, 2012|Front Page, Palos Verdes, Palos Verdes Estates, Valmonte|

Valmonte Introduction - Palos Verdes Neighborhoods - by Norma Toering, Broker Associate REMAX Estate Properties (310) 493-8333 The Valmonte neighborhood in Palos Verdes Estates is located along Palos Verdes Drive North and is five minutes from Torrance Beach, shopping and dining.  The area is less than ten minutes from Silver Spur Elementary School and Peninsula High.  Not only does Valmonte have great access to the Palos Verdes lifestyle, life off The Hill is conveniently located too. For more information on selling your Palos Verdes home in Valmonte, or buying a Valmonte home, contact Norma Toering & Team.  We're here to [...]