November 2018

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 [...]

Palos Verdes Real Estate Snapshot October 2018

By | October 22nd, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles coastal income property, Los Angeles Luxury Homes, Rancho Palos Verdes, Rancho Palos Verdes top agent|

The coast of Rancho Palos Verdes on a gray day--still beautiful.     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 The housing market may be cooling off in [...]

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 [...]

Rolling Hills Estates and PVP Real Estate Snapshot Sept. 2018

By | September 19th, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Rancho Palos Verdes top agent, Rolling Hills Estates|

  New Construction Homes in Rolling Hills Estates   The median sale price for Rolling Hills Estates homes is $1.4 mm. There are 28 Rolling Hills Estates and PVP (unincorporated area of the Palos Verdes Peninsula) single-family homes listed for sale. Four RHE and PVP residences are in escrow with accepted offers. 56 PVP and RHE single-family properties have sold thus far in 2018.   My Little Yellow Slider indicates the Rolling Hills Estates and Palos Verdes Peninsula real estate markets moved into a buyer's market due to a slight increase in inventory and a dip in pending sales. [...]

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

Palos Verdes Real Estate Snapshot August 2018

By | August 24th, 2018|Buyer Tip, Front Page, Los Angeles Luxury Homes, Palos Verdes Luxury Homes, Rancho Palos Verdes top agent|

  It's been a sizzling summer on the Palos Verdes Peninsula, but the temperature of the local real estate market has cooled as the thermometer headed skyward. April's market slider was 1.8 on my Little Yellow Dot sliding scale; August comes in at 2.7 by the same measurement. This change translates to a slight move toward a balanced market favoring neither the seller nor the buyer. However, we are still in a seller's market albeit a weakening one. The spring market compared to the summer market of 2018:   There are 216 single-family homes for sale on the Palos Verdes Peninsula. [...]

July 2018

Rancho Palos Verdes Homes Market Snapshot July 2018

By | July 21st, 2018|Buyer Tip, Country Club, Crest, Eastview, La Cresta, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Los Verdes, Mira Catalina, Palos Verdes, Palos Verdes Drive East, Palos Verdes Drive South, Palos Verdes Drive West, Peninsula Center, Rancho Palos Verdes, Rancho Palos Verdes top agent, Seller Tip, Silver Spur|

Thinking of selling or buying in 2018? It's not too late to catch the wave! I'm sipping a tall glass of iced sun tea as I write this on a hot and humid Saturday morning. July's heat is more than making up for our colder than usual June! Does weather affect the Palos Verdes real estate market? Yes, but not nearly as much as in other parts of the U.S. Once in a while I will have a showing cancellation due to extreme heat, but those are rare. Many homes have air conditioning or ocean breezes--sometimes both, making touring houses [...]

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 [...]