Rancho Palos Verdes, CA Real Estate News

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Palos Verdes Dr. East area of Rancho Palos Verdes ( area 167 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2015 : Properties Sold: 20 ( 3 more than the 17 homes sold during the 3rd quarter of 2014 )       Average Sales Price of homes sold during 3rd quarter: $ 1.4 million Properties for Sale as of 9/30/2015: 15 (About 2 months inventory based upon the average of 7 homes sold per month during the quarter ). There are 7 homes in escrow at the end of September.        Average List Price at 9/30/2015: $ 1.6 million   Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 493 per sq. ft. Properties sold at an average of 89% of List Price and took approx. 3 months to sell    For more Palos Verdes real estate ma...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Eastview neighborhood real estate and home sales report for Rancho Palos Verdes, CA in October 2015.The Eastview neighborhood was formerly a part of the City of Los Angeles. Years ago it was annexed by Rancho Palos Verdes and the residents have the option of attending Palos Verdes Unified or Los Angeles Schools. The area is one of the most affordable on the Palos Verdes Peninsula.Homes for sale in the Eastview section of RPV: See all Rancho Palos Verdes homes - Eastview Rancho Palos Verdes Listing AgentsHomes in escrow in the Eastview section of RPV:Homes that sold in the last 12 months in Eastview RPV under $700,000:Homes that sold in the last 12 months in Eastview RPV over $700,000:Palos Verdes Housing Market Indicator - Oct 2015
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
"I guess we missed the best time to sell this year."  A Palos Verdes home owner who is considering selling a property recently made this statement.   My reply was, "Not necessarily."  We went on to discuss the merits of listing a property during the fourth quarter of the year.  Yes, the holidays are on the way and hopefully for parched Southern California El Nino is approaching as well.  However, the real estate market rolls on through all kinds of weather, calendar events and economic ups and downs. I often relate my personal story of purchasing a Palos Verdes home between Christmas Day and New Year's Day in 1989.  I flew into L.A, viewed about 20 properties in various locations and drilled down my location of choice as Palos Verdes.  Before I left L.A.  to return home to Florida (and ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Silver Spur neighborhood real estate and home sales report for Rancho Palos Verdes & Rolling Hills Estates, CA in October 2015.Silver Spur is a popular neighborhood for first time residents on the Palos Verdes Peninsula. Silver Spur is also one of the most affordable neighborhoods on the Palos Verdes Peninsula. That's a winning combination and consequently the demand for Silver Spur homes is always high.Homes for sale in Silver Spur: (See all homes in Rolling Hills Estates - All homes in Rancho Palos Verdes) - Rolling Hills Estates Agent in Palos VerdesHomes in escrow in Silver Spur:Homes that sold in the last 12 months in Silver Spur, Palos Verdes under $900,000:Homes that sold in the last 12 months in Silver Spur, Palos Verdes over $900,000:Palos Verdes Housing Market Indicator - Oct ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Peninsula Center neighborhood real estate and home sales report for Rolling Hills Estates & Rancho Palos Verdes, CA in October 2015.Peninsula Center neighborhood is centrally located on the Palos Verdes Peninsula with easy access off the hill. Many of the homes have wonderful views and all the conveniences of living near shopping, dining, library are at the fingertips of residents of the Peninsula Center neighborhood.Homes for sale in the "Pen Center" area of Palos Verdes: (Homes in Rolling Hills Estates - Homes in Rancho PV) - Palos Verdes Peninsula Best AgentHomes in escrow in the Peninsula Center neighborhood:Homes that sold in the last 12 months in the Peninsula Center neighborhood:Palos Verdes Housing Market Indicator - Oct 2015
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Crest neighborhood real estate and home sales report for Rancho Palos Verdes & Rolling Hills Estates, CA in October 2015.Crest neighborhood is home to both spectacular view homes and several other gated communities from single family homes to townhouses. It is close to the town center with dining, shopping, banking and other amenities just minutes away.Homes for sale in the Crest area of Palos Verdes: (Homes in all of Rolling Hills Estates or RPV) - Peninsula Palos Verdes CA listing agent teamHomes in escrow in the Crest area of Palos Verdes:Homes that sold in the last 12 months in the Crest neighborhood under $1.2M:Homes that sold in the last 12 months in the Crest neighborhood over $1.2M:Palos Verdes Housing Market Indicator - Oct 2015
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Los Verdes neighborhood real estate and home sales report for Rancho Palos Verdes, CA in October 2015.Los Verdes is a lovely community below Hawthorne Blvd, yet still high above the Pacific Ocean. Its location offers some of Palos Verdes most affordable homes and many of them come with a view and within walking distance of Vista Grande Elementary School.Homes for sale in Los Verdes in PV: (See more Rancho Palos Verdes homes for sale or homes in all of PV) - Palos Verdes Listing Agent TeamHomes in escrow in Los Verdes in Palos Verdes:Homes that sold in the last 12 months in Los Verdes under $1.1M:Homes that sold in the last 12 months in Los Verdes over $1.1M:Palos Verdes Housing Market Indicator - Oct 2015
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The City of Rancho Palos Verdes real estate market has been relatively strong . The number of homes listed for sale at the end of September increased to 121 homes and is 25% higher than the same time last year. The monthly average number of properties sold during the last three months of 35 homes,  is down about 12% compared to the similar period last year. There are 36 homes in escrow at the end of the quarter.The number of months inventory is between 3 and 4 months of inventory.           The average price per sq. ft. of homes sold during the 3rd quarter of $548 per sq. ft.is up approx. 5% from last year.             As noted in the chart below, the amount of time to sell a home during the last quarter was 2 to 3 months . Properties are selling at an average of 95% of their list price...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
La Cresta neighborhood real estate and home sales report for Rancho Palos Verdes & Rolling Hills Estates, CA in October 2015.La Cresta is nestled high in the Palos Verdes hills with easy access off and on the Peninsula via Hawthorne Blvd. Its central location on the Palos Verdes Peninsula offers easy access to amenities both on and off the hill.Homes for sale in the La Cresta area of Palos Verdes: (See all homes in Rolling Hills Estates / Rancho Palos Verdes)- Listing agent for 90275 homeHomes in escrow in the La Cresta neighborhood:Homes that sold in the last 12 months in the La Cresta neighborhood under $2M:Homes that sold in the last 12 months in the La Cresta neighborhood over $2M:Palos Verdes Housing Market Indicator - Oct 2015
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Country Club neighborhood real estate and home sales report for Rancho Palos Verdes, CA in October 2015.Many of the homes in the Country Club neighborhood have a view of Los Verdes Country Club and since the neighborhood is near the top of the hills there are also gorgeous view of the ocean, Catalina Island and even some city lights. The Country Club area also has shopping nearby with the Golden Cove center at the base of Hawthorne Blvd and Ralphs just up the hill at Crest.Homes for sale in the Country Club area of RPV: (See all homes in Rancho PV)- Palos Verdes Top Listing Agent REALTORHomes in escrow in "Country Club":Homes that sold in the last 12 months in "Country Club":Palos Verdes Housing Market Indicator - Oct 2015
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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 West neighborhood real estate and home sales report for Rancho Palos Verdes, CA in October 2015.PVDW is home to many of the mega mansions in Rancho Palos Verdes. With its miles of ocean frontage it is the perfect setting for many of the elite ocean view homes hugging the Palos Verdes coastal area. Oceanfront Estates and Marguerite Drive are two neighborhoods to explore if you're in the market for a Rancho Palos Verdes luxury home.Homes for sale in the PV Drive West area of Rancho Palos Verdes:  - Oceanfront Estates listing agent in Palos Verdes CAHomes in escrow in the PV Drive West area of Rancho Palos Verdes: Homes that sold in the last 12 months in the Palos Verdes Dr West area: Palos Verdes Housing Market Indicator - Oct 2015
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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 South neighborhood real estate and home sales report for Rancho Palos Verdes, CA in October 2015.The south side of Rancho Palos Verdes is fast becoming the resort side of the Palos Verdes Peninsula as the location is home to Terranea Resort and Trump national Golf Course. The neighborhood is graced with some of the most breathtaking view on the entire Palos Verdes Peninsula.Palos Verdes Drive South homes for sale: (See all Rancho Palos Verdes homes for sale)- Rancho Palos Verdes Listing Broker CharlemagnePalos Verdes Drive South homes in escrow:Homes that have sold in the last 12 months in the PV Drive South area under $1.5M:Homes that have sold in the last 12 months in the PV Drive South area over $1.5M:Palos Verdes Housing Market Indicator - Oct 2015
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Mira Catalina neighborhood real estate and home sales report for Rancho Palos Verdes, CA in October 2015.The Mira Catalina neighborhood is home to Marymount College, a four year college, and the area enjoys spectacular views of Catalina Island. Mira Catalina Elementary School is located in the neighborhood and is within walking distance of most of the homes.Palos Verdes homes for sale in Mira Catalina: (See all RPV homes for sale) - Rancho Palos Verdes Top REALTOR AgentMira Catalina homes in escrow:Mira Cat. (Palos Verdes) homes that have sold in the last 12 months:Palos Verdes Housing Market Indicator - Oct 2015
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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 neighborhood real estate and home sales report for Rancho Palos Verdes, CA in October 2015.The Palos Verdes Drive East neighborhood is known for its large lots and lower density than many neighborhoods on "The Hill". Although there are pockets with a subdivision feel, the area is known for its country atmosphere. It also has one of the best locations for easy freeway access. A wide variety of styles and prices are available.Palos Verdes Drive East area homes for sale: (See all Rancho Palos Verdes homes for sale)Top Agent for Rancho Palos Verdes CAPalos Verdes Drive East area homes in escrow:Palos Verdes Drive East, RPV homes that have sold in the last 12 months under $1M:Palos Verdes Drive East, RPV homes that have sold in the last 12 months over $1M:Palos Verdes...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
  I wrote an article this morning on my Charlemagne Properties website updating sellers and buyers on the state of the local real estate market on the Palos Verdes Peninsula located in the South Bay of Los Angeles. A glace at this market snapshot graphic might make reading the article unnecessary.  Yes, we are still firmly anchored in seller territory.  However, if you want a few more details about Palos Verdes real estate sales and listings as we head into the last quarter of 2015 click on the above link and read all about it.- Norma Toering, Broker-owner of Charlemagne Intl Properties310-493-8333
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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 Real Estate Market Report–September 2015 Often, my blog posts are inspired by my own curiosity rather than a pre-planned blogging schedule.  As I ground my morning coffee beans and listened to the sound of rain falling (rejoice!),  I found myself wondering about the number of homes for sale in various price categories.  The catalyst for this thought was undoubtedly the approaching arrival of a client in hopes of purchasing a remodeled Palos Verdes property with a big ocean view for under $2,000,000. So this morning’s blog article is not only an update for the regular readers of my blog, but also research for an upcoming purchase.  Let’s begin with single family homes for sale priced below $1,000,000: 22 Palos Verdes single family homes are currently for sale priced at or be...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Check out this PANORAMIC OCEAN VIEW condo at Ocean Terrace at the open house on Sunday from 2-4 PM October 4, 2015.  It is a delight for both your eyes and soul.  Ocean breezes are noted for reducing blood pressure and sending stress on its merry way--what better gift could you give yourself as a reward for your years of hard labor?Toss in a mesmerizing view of the blue Pacific, the green grasses of Trump National Golf Course, the cliffs and whitewater of the Palos Verdes coastline as well as Catalina Island and you have one of the best views on the Palos Verdes Peninsula.  Stop by and see us at 3200 La Rotonda Dr. UNIT 211 on Saturday, September 5, 2:00 to 4:00  PM, or Sunday, September 6, 2:00 to 4:00 PM.  With one of the best views in the complex and nearly $200,000 in upgrades, the ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
   I recently read the Swedes are strongly considering moving to a six-hour work day.  They plan to do this by being "...more focused and by reducing the number of meeting scheduled throughout the day..."  The goal is to allow more time and energy for life after work.   The article caught my eye because I'm working on the same plan--but their story broke first.  :) Since I left the Big Box Brokerage and started my own indie brokerage a few years ago, I have this unfamiliar feeling of having more time.  I know, each day has the same amount of time, but what we do with that time certainly affects productivity.   Reduce the interruption of endless meetings, and the necessity of making decisions by committee, and time seems to lie idle at your feet--almost.  Focus naturally intensifies when...
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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 neighborhood real estate and home sales report for Rancho Palos Verdes, CA in September 2015.The Palos Verdes Drive East neighborhood is known for its large lots and lower density than many neighborhoods on "The Hill". Although there are pockets with a subdivision feel, the area is known for its country atmosphere. It also has one of the best locations for easy freeway access. A wide variety of styles and prices are available.Palos Verdes Drive East area homes for sale: (See all Rancho Palos Verdes homes for sale)Top Agent for Rancho Palos Verdes CAPalos Verdes Drive East area homes in escrow:Palos Verdes Drive East, RPV homes that have sold in the last 12 months under $1M:Palos Verdes Drive East, RPV homes that have sold in the last 12 months over $1M:Palos Verd...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Moving from a house you've called home for many years is always a big decision.  Often, such a move is precipitated by a life event.  Perhaps it's retirement, divorce, death of a spouse, or the echos now heard in rooms once filled with children.  Life involves a series of changes and moving can be one of the most challenging but also rewarding."Where do I begin?"  This is the question frequently asked by anyone faced with the task of sorting their earthly possessions into categories of Keep This, Get Rid of That.  This shedding the skin of your past life and embracing the unknown of your future life is not only a huge physical task, it also involves the heart and spirit.  It touches the whole human and reminds us there is no way to carry everything with us to our new residence, except i...
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