Rancho Palos Verdes, CA Real Estate News

By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Just Listed 6526 Ocean Crest #A314 & #A314B, Rancho Palos Verdes 90275Click here for a virtual tourHere is your chance to own TWO UNITS for the price of one: BACHELOR Unit A314B is currently rented for $1395/Mo and has a great ocean view, granite kitchen and huge balcony overlooking the pool. UNIT A314 is a one bedroom with one bath with a large kitchen and is ready to move in! Also for lease. These units are located on the top floor with ultimate privacy. Enjoy the sunset from these peaceful units. Bright and sunny throughout! Listed for $488,080Please contact Rachel for more details:Rachelmtyndall@gmail.com  
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Clients frequently ask me, "What would you buy, Norma?"  so here goes: $100,000 Budget: A rental single family house within a two-hour drive. $250,000 Budget:  A second home in the mountains or desert--prices are down and deals abound. $500,000 Budget:  A four-plex with positive cash flow in an up and coming area. $1,000,000 Budget: A fixer single family home with a killer view. If I won the lottery:  Forget the fixer, I'd go for unforgettable view and one-of-a-kind architecture.   If you would like to check out the choices available to you contact Norma Toering & Team and we can discuss the best choice for your budget. Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real estate, property, houses and homes ...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The La Cresta area of the Palos Verdes Peninsula had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  2 Properties for Sale as of 3/31/09: 18 Average List Price at 3/31/09  $1.7 million Average Sales Price of homes sold during 1st quarter: $1.5 million View from La Cresta area - Del Cerro Park - (Photo by Ed Shea / PVNET. ) Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 475 per sq. ft. Properties sold at an average of 88% of List Price For more information about the La Cresta area and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Country Club area of the Palos Verdes Peninsula had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  5 Properties for Sale as of 3/31/09:  11 Average List Price at 3/31/09:  $1.9 million Average Sales Price of homes sold during 1st quarter: $1.2 million Average Price per Sq. Ft. for Properties Sold during 41st Qtr:   $ 394 per sq. ft. Properties sold at an average of 92% of List Price For more information about the Country Club area and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com    
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The West Palos Verdes area of the Palos Verdes Peninsula had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  1 Properties for Sale as of 3/31/09:  15 Average List Price at 13/31/09:  $3.4 million Average Sales Price of homes sold during 1st quarter: $1.3 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 359 per sq. ft. Properties sold at an average of 100% of List Price For more information about the West Palos Verdes  area and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Palos Verdes Drive South area of the Palos Verdes Peninsula had the following real estate market activity during the 1st Quarter of 2009 Properties Sold:  3 Properties for Sale as of 3/31/09:  11 Average List Price at 3/31/09:  $3.3 million Average Sales Price of homes sold during 1st quarter: $1.0 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 495 per sq. ft. Properties sold at an average of 92% of List Price For more information about the Palos Verdes Drive South  area and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Mira Catalina area of the Palos Verdes Peninsula had the following real estate market activity during the 1st Quarter of 2009 Properties Sold:  3 Properties for Sale as of 3/31/09:  5 Average List Price at 3/31/09:  $1.7 million Average Sales Price of homes sold during 1st quarter: $ .9 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 447 per sq. ft. Properties sold at an average of 90% of List Price For more information about the Mira Catalina area and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Palos Verdes Drive East area of the Palos Verdes Peninsula had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  4 Properties for Sale as of 3/31/09:  21 Average List Price at 3/31/09:  $1.5 million Average Sales Price of homes sold during 1st quarter: $ .9 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 386 per sq. ft. Properties sold at an average of 93% of List Price For more information about the Palos Verdes Drive East area and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Hello Buyers and Sellers, it's me, Norma Toering, with the March 2009 real estate report for the Los Verdes neighborhood in Rancho Palos Verdes, CA. Active Listings:  12 Single Family Homes are listed for sale priced from $999,000 to $1,695,000. Pending Sales:  4 Single Family Homes are in escrow priced from $819,000 to $995,000. March Sales:  2 Single Family Homes closed escrow priced at $905,000 and $1,160,000.     Ready to put down some new roots?  Contact me for a list of homes for sale. Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redon...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Hello Buyers and Sellers, it's me, Norma Toering, with your March real estate report for the La Cresta neighborhood. The wheels of real estate continue to turn in the La Cresta neighborhood of Rancho Palos Verdes. Active Listings:  23 Single Family Homes are for sale priced from $949,000 to $2,999,990. Pending Sales:  3 Single Family Homes are in escrow priced at $1,595,000 to $2,099,000. March Sales:  1 Single Family Home closed escrow priced at $1,925,000. Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhat...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Hello Buyers and Sellers, it's me, Norma Toering, with your March 2009 Country Club real estate report. The Country Club neighborhood enjoyed a flurry of early spring real estate activity during the month of March.  Active Listings:  13 Single Family Homes are for sale priced from $1,299,000 to $3,450,000. Pending Sales:  1 Single Family Home is in escrow priced at $1,699,000. March Sales:  3 Single Family Homes closed escrow priced from $950,000 to $1,350,000.   Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and M...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
  Rancho Palos Verdes enjoys miles of coastline along the Palos Verdes Peninsula.  Many of the homes in the Mira Catalina, Palos Verdes Drive South and Palos Verdes Drive West areas have spectacular views and are kissed by ocean breezes. Mira Catalina real estate statistics for March 2009: Active Listings:  5 Single Family Homes are for sale priced from $899,900 to $3,399,000. Pending Sales:  1 Property is in escrow priced at $1,075,000. March Sales:  1 Property closed escrow for $860,000.   Palos Verdes Drive South real estate statistics for March 2009: Active Listings:  17 Single Family Homes are for sale priced from $969,000 to $6,900,000. Pending Sales:  3 Properties are in escrow priced from $799,000 to $1,195,000. March Sales: 2 Properties closed escrow for at $849,000 and $875,00...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The following are my top picks from those properties viewed during the Tuesday Peninsula Brokers Tour:                                                        6603 Beachview Dr. Rancho Palos Verdes - $999,000   GREAT FLOOR PLAN. BUILT IN 1990. PUD DEVELOPEMENT-THIS HOME HAS NO SHARED WALLS. THE LOT SIZE IS 3,500 SQ.FT WITH 10,000 SQ.FT OPEN SPACE. LARGE MASTER SUITE WITH FIREPLACE, RED TILE ROOF. VIEW FROM UPSTAIRS. COMPLEX HAS ALL AMENITIES-POOL,CLUBHOUSE,TENNIS COURTS, LARGE GROUNDS & WALKING TRAILS.                               6634 Channelview Ct. - Rancho Palos Verdes - $1,199,000      VIEW!!!!!! OCEAN VIEW!!!!! Resort like living on PV Coastline overlooking the new resort and close to Trump National Golf. Two on the lots with magnificent ocean/coastline/Catalina and sunset views. ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Palos Verdes Drive East winds its way up the east side of the Palos Verdes Peninsula from Palos Verdes Drive North and offers sparkling city lights and harbor views as it snakes its way to connect with Palos Verdes Dr. South by the Pacific Ocean.  It is a drive worth taking and a view worth buying. Palos Verdes Dr. East March real estate statistics: Active Listings:  27 Single Family Homes are for sale priced from $849,000 to $2,995,000. Pending Sales:  5 Properties are in escrow priced from $825,000 to $1,549,000. March Sales:  2 Homes are in escrow priced at $775,000 and $840,000.   If you would like to take a drive to the east side of the Palos Verdes Peninsula I can give you a list of homes currently for sale.  By the way, the area is only ten minutes to the 110 Freeway. PV Drive Ea...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
This one is for all you agents and consumers who have lost hope in open houses.  Oh, ye of little faith.  The chances of selling the house you're holding open may be no bigger than a mustard seed, but given the chance, an open house can still be a powerful marketing tool.  I pulled a double hitter this weekend at my new listing on Phantom Drive in Rancho Palos Verdes.  It was a glorious weekend in Southern California.  The entrance to the Ladera Linda neighborhood is directly across from Donald Trump's golf course and clubhouse.  Hiking trails lace the bluffs above the ocean and picnic tables dot the landscape.  The soccer field in the distance was scheduled overtime with games on both Saturday and Sunday.  There was a steady stream of traffic along Palos Verdes Drive South--all passing...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
A coaliton of homeowners calling themselves "Rancho Palos Verdes Neighbors for Community Compatability" has sued the St. John Fisher Catholic Church and the City of Rancho Palos Verdes claiming that the parties failed to comply with state environmental laws in approving the expansion plans of the Church. These plans include a 17,000 square foot sanctuary with a 7f4 foot lighted cross and several other new buildings. Church leaders believe that they have worked hard to compromise with neighbors concerns over noise and traffic and believe that they have complied with all legal requirements. The suit seeks to force the Church to prepare an extensive environmental impact report.   I believe that it is a sad state of affairs when a small group of homeowners, led by several attorneys who can ...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The total inventory of homes and townhomes/condos for sale on the Palos Verdes Peninsula has increased markedly the last few months to a total of 351 available for sale as of 4/1/09. The follwing is a comparison of homes for sale at the same comparable period since 2006:          4/2006      4/2007       4/2008       4/2009 Homes under $1.5 million        67         53          102          135 Homes $1.5 to $2.5 million        60           53            68          102 Homes over $2.5 million        52         58            49            66 Townhomes/Condos        44         54            55            46 Total      223        216          274           351 The total number of homes and condos/townhomes for sale in January of this year was only 281. This large increase in inventory sho...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Hello Ladera Linda Residents, March was a busy month for Ladera Linda. There were new listings, re-lists, offers accepted and listings canceled. Your neighborhood was abuzz with real estate happenings.       I listed 32245 Phantom Drive for $1,395,000. It is remodeled with a stunning open floor plan, 3 bedrooms, 2 bathrooms and a panoramic view. Most people say, “Wow!” when they walk in the door—it is not your typical suburban house. 3538 Vigilance Drive is for sale. The asking price is now $1,149,000. The property has 3 bedrooms and 3 bathrooms. 32282 Phantom Drive accepted an offer and is in escrow. The list price was $938,800. The house is 2054 sq. ft. with 4 bedrooms and was on the market 39 days. 32253 Phantom Drive was taken off the market. It was listed for $1,175,000. Homes are ...
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By Jack McSweeney, CDPE, SRES, e-PRO, PVS
(RE/MAX Estate Properties)
There are currently 105 single Family homes for sale and 40 Condo's and Townhomes for sale. Single family homes start at $849,000 for 3 br, 2 bath, 1800 sq.ft home on a 15,000 sq.ft.lot to $6.9 million for a 5 br, 7 bath, 10,000 sq.ft home on a 30,000 sq.ft lot. Condo's and townhomes start at $249,000 on the east side of the hill for a 2 br, 2 bath and go up to $925,000 for a 3 br, 3 bath overlooking Point Vincente Park with Catalina Views. There are currently 39 homes in escrow... Average time on the market is about 79 days.
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
I toured the almost complete Casitas and Villas at the Terrenea Resort in Racho Palos Verdes the other day and marveled at how beautiful the new resort is. The views from the 3 hotel pools are simply unbelievable, especially the lower pool just above the beach cove area. Artists Rendering of completed lower pool Artists Rendering of Family Pool The project is slated for a June opening and is taking job applications now. For more information about Rancho Palos Verdes, visit my webstie at http://www.maureenmegowan.com
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