October 2017

Palos Verdes Real Estate Report October 2017

By | October 4th, 2017|An Agent's Life, Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent|

Fall is here! My morning walk required a sweater for the brisk 58-degree day. After the languid last days of summer, I think the real estate market is ready to perk up and make the most of the final quarter of 2017. I bumped into an agent who has been in the business longer than I have, and she said, "This has been the quietest summer I can remember."  Yes, although I was busy and productive with listings and sales, the market took a bit of a breather during the summer months of 2017. Inventory remains tight with only 183 [...]

September 2017

From Contract to Close–Whether Selling or Buying

By | September 28th, 2017|An Agent's Life, Buyer Tip, Front Page, Los Angeles Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes View Homes|

Palos Verdes Oceanfront homes in Rancho Palos Verdes. A typical day in an agent's life will involve an extensive list of "value-added" tasks. For example today we are waiting for a buyer's acceptance of a seller's response to the buyer's request for repairs. It has taken us a week of back and forth to reach an agreement. An appraisal is due, and late last night a former client who is about to begin a major remodel turned to me for help because the appraisal for his current home came in unacceptably low. He asked us to review it [...]

Palos Verdes Single Family Homes Market Report September 2017

By | September 24th, 2017|Buyer Tip, Front Page, Los Angeles Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes Lisitng Agent|

PVDS Luxury Homes There are currently 189 single family homes for sale on the Palos Verdes Peninsula.  59 Palos Verdes single family homes are priced at or above $3,000,000. There are no Palos Verdes single family homes for sale under $1,000,000 at this time.   100 Palos Verdes single family homes are in escrow with accepted offers.  489 Palos Verdes single family homes have sold year-to-date.   Palos Verdes Drive South Sunrise For more information or help with buying or selling a Palos Verdes home contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com  

August 2017

Palos Verdes Homes Market Report August 2017

By | August 11th, 2017|Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent, Seller Tip|

The single family housing market in Palos Verdes remains healthy, active, and still favoring sellers. There are 212 single family homes for sale on the entire Palos Verdes Peninsula. 94 homes are in escrow with accepted offers, and 77 Palos Verdes single family homes sold during July 2017. 426 PV single family homes have sold YTD 2017. Given the above statistics, the inventory is still low, and the absorption rate is high. If you're considering selling a Palos Verdes property, the market will welcome the increased inventory. The one area of the Palos Verdes real estate market favoring buyers is the [...]

June 2017

Palos Verdes Single Family Homes Report–May 2017

By | June 16th, 2017|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Estates, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates|

Palos Verdes single family homes inventory slipped below 200 during April 2017.  There are currently 195 single family homes for sale on the entire Palos Verdes Peninsula.  123 Palos Verdes homes are in escrow with accepted offers, and 184 single family Palos Verdes homes sold year-to-date as of May 3, 2017. These numbers tell us several things:  First, the single family home market in Palos Verdes remains a solid sellers' market. Next, the high number of homes in escrow (123) prove buyers are not intimidated by the higher prices, and perhaps the lack of inventory is nudging them into buying [...]

March 2017

Palos Verdes Single Family Homes Market Report March 2017

By | March 13th, 2017|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Palos Verdes, Palos Verdes View Homes, Seller Tip|

Palos Verdes homes in Rancho Palos Verdes Winter's cool temperatures may still be with us, but the Palos Verdes single family home market is already heating up as spring approaches.  My "Yellow Slider" market indicator moved a couple of notches back toward a stronger sellers' market as we rolled into March 2017. However, the market indicator for the Palos Verdes luxury home market slipped deeper into the neutral zone. However, single family inventory increased slightly (up from 131 homes to 147), and that's good news for spring buyers. Coastal Homes in Palos Verdes CA Here are [...]

February 2017

Palos Verdes Housing Market Report for February 2017

By | February 16th, 2017|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Palos Verdes Peninsula, Palos Verdes View Homes|

There are currently two, yes two, single family homes for sale in Palos Verdes priced below $1MM. Both properties are located in the Eastview neighborhood of Rancho Palos Verdes. On the other hand, there are seven single family homes priced over $10MM currently for sale on the Palos Verdes Peninsula.  Five $10MM plus residences are located in Palos Verdes Estates, one is in Rolling Hills, and the other is located in Rancho Palos Verdes. Our inventory is up slightly from last month but the demand by buyers who aspire to live in Palos Verdes still outstrips supply. Spring 2017 appears [...]

Palos Verdes Luxury Home Market Report for February 2017

By | February 10th, 2017|Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes|

PVE Luxury Home View There are currently 49 Palos Verdes luxury homes for sale priced at or over $3,000,000. Where are these high-end homes located? Here is the location breakdown by the city: Palos Verdes Estates:  20 Rancho Palos Verdes:  14 Rolling Hills:  13 Palos Verdes Peninsula (the unincorporated areas of the Palos Verdes Peninsula): 1 Rolling Hills Estates:  1 11 Palos Verdes luxury homes are in escrow with accepted offers. Five Palos Verdes high-end homes sold YTD in 2017. For more information on the Palos Verdes luxury home market contact Norma@CharlemagneProperties.com or 310.493.8333

January 2017

State of the Palos Verdes Luxury Real Estate Market for January 2017

By | January 9th, 2017|Buyer Tip, Lifestyle in Palos Verdes, Los Angeles coastal income property, Los Angeles Luxury Homes, Palos Verdes Estates, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates|

The Palos Verdes luxury home market begins the year with thirty-nine single-family homes for sale priced over $3,000,000.  Sixteen of those luxury residences are located in Palos Verdes Estates. Rolling Hills has twelve high-end properties on the market, Rancho Palos Verdes has nine single-family properties in the category, and Rolling Hills Estates has two luxury homes for sale over $3,000,000. Eleven Palos Verdes luxury homes are currently in escrow with accepted offers. 56 Palos Verdes luxury properties sold during 2016.  Given the number of high-end homes on the active market and the rate of absorption, there is a four-month supply [...]

October 2016

The Lay of the Land In Palos Verdes

By | October 28th, 2016|Buyer Tip, Featured Posts, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes View Homes|

Many buyers expect to purchase a property with a flat backyard.  In Palos Verdes, that may present more of a challenge than anticipated, especially if a view is also on the list of requirements. The Palos Verdes Peninsula is full of canyons, cliffs, hills and the edge of the ocean. All are highly desirable but not always compatible with a flat backyard.  Due to the location of the lot, the yard and pool may be in the front courtyard allowing for the back of the house to take full advantage of one of our spectacular views of either the ocean [...]