November 2018

Rancho Palos Verdes Market Snapshot November 2018

By | November 16th, 2018|Country Club, Crest, Front Page, La Cresta, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Los Verdes, Mira Catalina, Palos Verdes Drive East, Palos Verdes Drive South, Palos Verdes Drive West, Peninsula Center, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Silver Spur|

Rancho Palos Verdes Coastline   There are 99 Rancho Palos Verdes single-family homes for sale. 29 RPV residences are in escrow with accepted offers, and 330 Rancho Palos Verdes homes have sold thus far in 2018. As my Little Yellow Dot indicates, the real estate market in Rancho Palos Verdes for single-family homes is inching toward a neutral market. After years of a reliable seller's market in Palos Verdes, the market is shifting toward a balance between sellers and buyers.   More Palos Verdes Real Estate Snapshots for November 2018: Market conditions are driving all my Little Yellow [...]

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 [...]

October 2018

Rancho Palos Verdes Real Estate Snapshot October 2018

By | October 24th, 2018|Buyer Tip, Country Club, Crest, Eastview, Favorite Photos - Palos Verdes, Front Page, La Cresta, Los Verdes, Mira Catalina, Palos Verdes Drive East, Palos Verdes Drive South, Palos Verdes Drive West, Peninsula Center, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent, Silver Spur|

    View this post on Instagram   Palos Verdes Luxury Homes Real Estate Snapshot for October 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on Oct 9, 2018 at 11:20am PDT   View this post on Instagram   Palos Verdes Single Family Homes Market Snapshot for October 2018. #palosverdes #realestate #sellmyhouse #normatoeringrealestatebroker #charlemagneinternationalproperties A post shared by Norma Toering l Real Estate (@normatoering) on Oct 2, 2018 at 11:25am PDT Nearly half the homes listed for sale on the Palos Verdes Peninsula are located in Rancho Palos Verdes. There are 227 [...]

September 2018

Rancho Palos Verdes Real Estate Snapshot September 2018

By | September 20th, 2018|Buyer Tip, Country Club, Crest, Eastview, Front Page, La Cresta, Los Verdes, Mira Catalina, Palos Verdes Drive East, Palos Verdes Drive South, Palos Verdes Drive West, Peninsula Center, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent, Silver Spur|

Portuguese Bend Beach Community in Rancho Palos Verdes   Rancho Palos Verdes has the most robust seller's market on the Palos Verdes Peninsula as we enter September 2018. The continued strength may be due to the lower median price when compared to other cities on the Palos Verdes Peninsula, thus making Rancho Palos Verdes the most affordable of the four cities located on The Hill. Palos Verdes Median Home Price by City: Rancho Palos Verdes:  $1.3 mm Rolling Hills Estates:  $1.4 mm Palos Verdes Estates:  $2.1 mm Rolling Hills:  $3.3 mm   There are 106 Rancho Palos Verdes [...]

Palos Verdes Real Estate Snapshot Sept 2018

By | September 13th, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes Estates, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent, Rolling Hills|

  September is here, and I love the cooler mornings and evenings. There seems to be some cooling happening in the local single-family homes real estate market, too. Is it weather related? Maybe, but with back-to-school and a three-day weekend, it's difficult to pinpoint the reason. Most likely, it's an aging seller's market operating with a lower buyer demand--supply and demand define the market, and the Palos Verdes single-family real estate market is approaching a neutral market favoring neither the seller nor the buyer. Inventory is remaining steady with 216 Palos Verdes single family homes listed for sale. That's the [...]

August 2018

August 2018 Single Family Homes Snapshot for Rancho Palos Verdes CA

By | August 30th, 2018|An Agent's Life, Buyer Tip, Country Club, Crest, Eastview, Front Page, La Cresta, Los Verdes, Mira Catalina, Palos Verdes Drive East, Palos Verdes Drive South, Palos Verdes Drive West, Peninsula Center, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Silver Spur|

The summer of 2018 in Rancho Palos Verdes can be summed up with "Hot Market and even Hotter Weather." This RPV pool looked so inviting on a sizzling summer day.   Rancho Palos Verdes continues to be the hottest market on the hill, per my Little Yellow Dot market slider, with 107 single family homes for sale and 51 single family residences in escrow with accepted offers. 228 Rancho Palos Verdes single family homes have sold thus far in 2018.   Other Palos Verdes Peninsula Real Estate Snapshots for August 2018: Rolling Hills and the $3 mm and [...]

Will Millennials Buy Boomers’ Big Houses?

By | August 2nd, 2018|An Agent's Life, Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Luxury Homes, Rancho Palos Verdes Lisitng Agent, Seller Tip|

Since I make it a habit of following real estate trends, I've been wondering who will buy the baby boomers' big houses when it's time for them to downsize.  I'm sure you've seen trending articles stating Millennials do not want the family china, antiques, and other stuff filling their parents' home. The big question is, will they want to move into the family home, or purchase one of their choosing? Perhaps smaller and closer to the urban center--time will tell. The giant boomer generation owns two out of every five homes in the United States. Let that statistic sink in [...]

July 2018

Palos Verdes Luxury Homes Real Estate Snapshot July 2018

By | July 17th, 2018|Lifestyle in Palos Verdes, Los Angeles coastal income property, Los Angeles Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent|

Last week's triple-digit heat wave reminded me how thankful I am to live in a coastal community. I don't know about other agents, but my client and I braved the weekend heat wave and toured several Palos Verdes homes for sale. Weather rarely deters a determined buyer (and their agent), but temperatures in the 90s, an unrelenting sun, and houses with no air-conditioning did call for several bottles of water and a shade break or two.  :) The luxury home market is experiencing increased inventory and shrinking sales. There are 65 Palos Verdes luxury homes priced over $3,000,000 listed for sale [...]

June 2018

Palos Verdes Homes Market Snapshot June 2018

By | June 22nd, 2018|Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes, Rancho Palos Verdes Lisitng Agent, Rancho Palos Verdes top agent|

Portuguese Bend Beach in Rancho Palos Verdes The inventory of Palos Verdes single-family homes for sale is up slightly since last month's report, but the number of pending sales (100) remains the same. Given the increase in homes for sales the market temperature cooler slightly.  However, the overall real estate market in Palos Verdes remains a seller's market. There are 199 single-family homes for sale on the Palos Verdes Peninsula. 100 Palos Verdes homes are in escrow with accepted offers and 266 PV single-family residences have sold year-to-date. June 2018 Market Snapshots for Palos Verdes real estate markets: The Palos [...]

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