June 2017

Palos Verdes Luxury Homes Market Report May 2017

By | June 16th, 2017|Los Angeles Luxury Homes, Palos Verdes Estates, Palos Verdes Luxury Homes, Rancho Palos Verdes, Rolling Hills|

New Construction Luxury Homes in Rancho Palos Verdes, CA One of my clients has a Palos Verdes luxury home in escrow.  He is one of the fortunate, as there are 66 Palos Verdes luxury homes currently for sale.  Eleven Palos Verdes high-end homes are in escrow with accepted offers, and 15 Palos Verdes homes priced over $3MM have sold year-to-date on the Palos Verdes Peninsula. The Palos Verdes luxury home market remains in a neutral market favoring neither the seller nor the buyer. Gated Luxury View Bluff-Front Residence Currently For Sale in Palos Verdes Estates The [...]

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 [...]

May 2017

Palos Verdes Single Family Home Sales and Listings for May 2017

By | May 15th, 2017|Buyer Tip, Lifestyle in Palos Verdes, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, 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 very strong 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 [...]

April 2017

Palos Verdes Single Family Homes Market Update April 2017

By | April 9th, 2017|Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Rolling Hills|

On the first day of April 2017, there were 166 single family homes for sale on the Palos Verdes Peninsula. This is a slight uptick in the number of homes for sale. Perhaps the increase in inventory can be attributed to the arrival of spring. However, I have noted high-end Palos Verdes homes are staying on the market a bit longer than in previous months. In the luxury market, there is currently a six-month supply of homes for sale based on the present rate of absorption. April 2017 Palos Verdes Luxury Market Slider: The market for homes priced under $3MM [...]

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 [...]

December 2016

Appreciation Takes Time–Rolling Hills Property Value Comparison–Then and Now

By | December 28th, 2016|Buyer Tip, Horse Property, Lifestyle in Palos Verdes, Rolling Hills|

What buyer, of any product, does not want to make a smart and savvy purchase?  Whether you're purchasing lipstick online because the same brand costs less on Amazon than it does at CVS (as I did this week), or you are making a multi-million dollar property purchase in Rolling Hills, there are few things higher on the satisfaction scale than knowing you made a savvy purchase.  But how do you know at the time it is the right thing to do?   The art of the real estate deal, in Donald Trump speak, is a cauldron mix of part science [...]

Palos Verdes, CA Real Estate Report–December 2016

By | December 27th, 2016|Front Page, Palos Verdes, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates|

The Palos Verdes housing market is ending the year still entrenched in a sellers' market.  Inventory remains low and demand is strong. At the current rate of absorption, and without additional new inventory to replace the sold properties, there is less than a two-month supply of homes for sale in Palos Verdes. 2017 Appears to be a very year to list your Palos Verdes home for sale! There are currently 166 single family homes for sale.  91 properties are in escrow with accepted offers, and year-to-date 641 Palos Verdes single family homes have sold. A video posted by Norma Toering (@normatoering) on [...]

September 2016

Palos Verdes Real Estate Market Report–September 2016

By | September 6th, 2016|Front Page, Lifestyle in Palos Verdes, Palos Verdes, Palos Verdes Estates, Rancho Palos Verdes, Real Estate News, Rolling Hills, Rolling Hills Estates|

  As I write this article there are 233 single-family homes for sale on the Palos Verdes Peninsula. Inventory continues to show a slight increase, however, demand remains strong thus keeping the overall real estate market tilted slightly in favor of sellers. Such is no longer the case for Palos Verdes luxury properties. Palos Verdes real estate Update for September 2016: 233 Palos Verdes single-family homes are currently listed for sale. 80 Palos Verdes single-family residences are in escrow with accepted offers. 489 Palos Verdes single family properties sold year-to-date in 2016. If you would like to know what's happening [...]

June 2016

Rolling Hills California Real Estate and Horse Property News

By | June 22nd, 2016|Horse Property, Rolling Hills|

Welcome to Rolling Hills!   The latest real estate update for Rolling Hills--June 2016: There are 21 properties for sale in Rolling Hills. Four single family residences are in escrow with accepted offers. Year-to-date 11 Rolling Hills homes sold as of June 8, 2016.   Hello, and welcome to a page we designed especially for Rolling Hills homeowners. First, let me introduce myself, Norma Toering, and my company, Charlemagne Int'l Properties. Long time residents may be familiar with my name as for many years beginning in 1992 I sent postcards and newsletters to your neighborhood on a regular [...]

August 2015

Palos Verdes Luxury Home Sales and Listings–August 2015

By | August 20th, 2015|Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes, Palos Verdes Peninsula, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Seller Tip|

  There are 201 single family homes for sale in Palos Verdes, and 46 of those residences are priced at or above $3,000,000. Those numbers back up my decision to raise the price bar from $2,000,000 to $3,000,000 on residences I "designate"  luxury properties on the Palos Verdes Peninsula.  There's no question the real estate recovery is complete and sales are robust in all four cities in Palos Verdes. Here's a snapshot of July real estate activity in the luxury market on the Palos Verdes Peninsula: Sales:  Eight single family Palos Verdes homes sold at or above $3,000,000.  Four of [...]