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 [...]

Palos Verdes Real Estate Market Update–August 2015

By | August 6th, 2015|Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Real Estate News, Rolling Hills, Rolling Hills Estates, Seller Tip|

Whether you are selecting a Palos Verdes Realtor to sell your home or help you purchase a home on the Palos Verdes Peninsula, it's equally important the person you select possess both knowledge of the area and the experience to give you the highest and best representation. In our opinion, there's no better way to know the market than to keep your eyes on the market by analyzing real estate statistics (listings, pending sales and closed sales) each month.  Such knowledge benefits sellers, buyers and the agent.  It is equally important to be able to decipher what those numbers are [...]

July 2015

Palos Verdes Luxury Home Market Report–July 2015

By | July 10th, 2015|Buyer Tip, 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, Palos Verdes Peninsula, Palos Verdes View Homes, Rancho Palos Verdes, Rolling Hills, Seller Tip|

If you own a Palos Verdes luxury home, or are considering purchasing one in the near future, Charlemagne Int'l Properties compiles a monthly report on the status and trends of the Palos Verdes luxury real estate market. The reports are of value for both buyers and sellers and are available here, or our real estate newsletter.  Email us if you would like to be added to our e-newsletter mailing list. Today's report will review sales for June 2015 as well as offer a snapshot view of the luxury real estate market on the Palos Verdes Peninsula for the first half [...]

June 2015

Redefining Palos Verdes and Beach Cities Luxury Home Prices

By | June 22nd, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Manhattan Beach Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates|

For the past eight years I've defined luxury homes in the local real estate market by one primary criteria--price.  When I began my local real estate blog, Palos Verdes Lifestyle, in 2007 the dividing line was rather arbitrarily drawn at $2,000,000 as the defining value marker.   The definition of luxury homes in the local real estate market remained stable during the real estate recession years and throughout the equity gain-back years.  The price criteria of luxury homes often falls into sub-categories that included coastal location with view, larger than average sq. ft. and superior condition. The rise in real [...]