What's selling in Palos Verdes

526 Palos Verdes single family homes have sold in 2012 as of Oct. 30, 2012.  There are currently 108 single family homes in escrow.  No doubt about it, the Palos Verdes housing market is on the move.  Homes priced under $2,000,000 are in high demand.

The luxury home market is moving at a much slower pace.  70 of the 526  2012 sales were luxury homes priced over $2,000,000.  There are currently 14 luxury homes in escrow and 55 homes priced over $2,000,000 are listed for sale.

The market is always speaking to us.  These statistics suggest now is a great time to list PV properties priced under $2,000,000.  Prospective buyers of these properties must present the strongest offer possible.  On the other hand, buyers of luxury properties have many more properties to choose from and can expect to exercise more negotiating muscle.

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Sell Smart, Buy Wise and Live Well

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review.  Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
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 Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

      

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Palos Verdes Luxury Homes - July Update from Norma

Palos Verdes luxury homes update for July 2012.

The luxury home market in Palos Verdes recorded six sales over $2,000,000 for the month of July.  There are currently 61 luxury homes for sale on the Palos Verdes Peninsula with list price above $2M.

Here's a very telling number:  21 Palos Verdes luxury homes over $2M are currently pending sales.  No doubt about it the luxury market in Palos Verdes is seeing an upswing not witnessed since 2007. 

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- Norma Toering (310) 493-8333
Broker Associate with REMAX Palos Verdes Realty

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What Are the Most Desirable Areas in Palos Verdes?

A client recently asked the question, “What are the most desirable areas in Palos Verdes?”
My quick response was, “It depends on what you desire.”

Upon digging a bit deeper, she desires a quiet location and her husband likes the country feel and a bit of land to call his own. Their wish list is compatible which means we are off to a good start. Neither one wants to be too close to a busy street (traffic noise) nor know when their neighbors are coming and going. That information alone allows me to eliminate some neighborhoods and focus on privacy and large lots.

Finding a home is often equated to finding a mate. You need a general idea of what you want, but you must also be open to recognizing it when you meet. Know your deal breakers, but be open to the unexpected to sweep you off your feet. Sometimes an ugly duckling has the potential to blossom into a lovely swan with vision and appropriate changes.

The most desirable areas in Palos Verdes are determined by your wants and wallet. How fortunate we are to offer equestrian estates, seaside villas, cottages by the sea, gated communities and so many other housing choices. Choice is such an important element in selecting the best home for you and your family.

Finding a home is a very personal process. Sometimes a compromise is required. Sometimes the missing feature can be added, but a view or new location cannot be added after the fact. Keep your deal breakers in mind, but allow your heart to play a part in the final choice.

- Norma (310) 493-8333

Homes in Palos Verdes by city:

• Palos Verdes Estates Homes
• Rancho Palos Verdes Homes
• Rolling Hills Homes
• Rolling Hills Estates Homes
• Palos Verdes Peninsula Homes (Unincorporated)

Sell Smart, Buy Wise and Live Well

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333

PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review.  Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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 Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.      

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

  

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Palos Verdes Luxury Home Sales - June 2012

The month of June may be full of "June gloom" due to a lingering marine layer most mornings, but the sun is shining on the luxury home market on the Palos Verdes Peninsula.  15 Single family Palos Verdes homes with price tags exceeding $2,000,000 sold during June 2012.

Palos Verdes Estates topped the list with 9 luxury sales.  Rancho Palos Verdes recorded 4 luxury home sales and Rolling Hills Estates completed the list with 2 sales.  Rolling Hills reported no sales over $2,000,000 per the Multiple Listing Service.  Rancho Palos Verdes posted the most expensive sale at $5,500,000.

It appears the luxury housing heat-up will continue in July.  There are currently 17 Palos Verdes luxury home sales pending. 

If you are considering purchasing or listing a Palos Verdes luxury home the summer of 2012 may go down in housing history as the season the sizzle returned to the Palos Verdes housing market.  Don't worry you haven't missed the market.  There are currently 66 Palos Verdes luxury homes priced over $2,000,000 for sale.

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Search by Palos Verdes city – Palos Verdes Estates – Rancho Palos Verdes -

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Homes for sale in Palos Verdes (priced over $2 million and with a view): 

Sell Smart, Buy Wise and Live Well

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review.  Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

  

Palos Verdes Homes Blog - Palos Verdes Houses
Palos Verdes Horse Property - Palos Verdes Realtor Agent
Palos Verdes Coastal Homes - Los Angeles Home Search
Photos of Palos Verdes - Palos Verdes VideosPalos Verdes Luxury Homes - Beach Cities Homes

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 Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Lunada Bay Home Sales - June 2012 - Palos Verdes Estates

Lunada Bay neighborhood real estate and home sales report for Palos Verdes Estates, CA in June 2012.


Homes for sale: 19 Homes are listed for sale in Lunada Bay priced from $1,149,000 to $5,300,000.
Pending sales: 11 Houses are in escrow priced from $1,095,000 and $3,150,000.
June sales: 8 Homes sold in June 2012:

Address	Sale Price	Bed/Bath	Sq. Feet.	Lot	Year Built	Days Listed
728 Cloyden Rd.	$1,005,000	3/2	1966	8914	1955	133
1024 Via Palestra	$1,035,000	3/2	2028	8337	1958	167
1908 Dalton Road	$1,199,000	4/3	2070	8196	1954	88
1356 Via Romero	$1,325,000	5/3	3198	13575	1972	268
1512 Via Castilla	$2,145,000	4/4	4191	15057	1978	315
1103 Via Curva	$2,325,000	6/6	4673	24445	1974	213
3004 Paseo Del Mar	$2,799,000	5/5	5576	15884	2012	80
2808 Paseo Del Mar	$5,225,000	5/7	7528	20884	2001	280

Homes for sale in Lunada Bay, Palos Verdes Estates:


More articles on Palos Verdes luxury homes by Norma.  Search for all Palos Verdes homes for sale.

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Norma Toering - (310) 493-8333 - Broker Associate with REMAX Palos Verdes

West Palos Verdes - Homes Sales May 2012

Pool and patio of a luxury home in Rancho Palos Verdes.

Palos Verdes Drive West neighborhood real estate and home sales report for Rancho Palos Verdes, CA in May 2012.


Homes for sale: 11 Homes are listed for sale priced from $999,000 to $5,295,000. (All RPV homes for sale.)

Pending sales: 3 Houses are in escrow priced from $1,299,000 to $2,999,000.

May sales: One home sold in May 2012:

Address	Sale Price	Bed/Bath	Sq. Feet.	Lot	Year Built	Days Listed
91 Marguerite Dr.	$5,500,000	4/7	7800	57046	1991	551

Homes for sale in the PV Drive West area of Rancho Palos Verdes:

Sell Smart, Buy Wise and Live Well

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review.  Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
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 Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

How do I know when to sell my house?

Recently, a fellow agent remarked, "I have three PV buyers and nothing to show them."

Her words may have been a bit of an exaggeration to drive home the point of extremely low inventory on the Palos Verdes Peninsula. There are currently only 178 single family homes for sale in the four cities that make up the Palos Verdes Peninsula--Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills and Rolling Hills Estates.

Market conditions are lining up to signal it's a good time to sell.  If you're planning to list your property this summer, next year or when the market recovers, you may want to reconsider the timing. Market conditions and personal choice determine timing not calendar month.


The market is signaling now may be the most opportune time of the year to sell a Palos Verdes property. Local market statistics confirm my observation. There are currently 117 single family homes in escrow. At the current rate of absorption, and no new listings, inventory will be depleted in less than two months. 

Timing may be the most underrated component of a successful sale. Location has long been touted as the kingpin. Price must be in line with market conditions and preparation and presentation play a key role in attracting buyers. Timing the market is an art aspired to by many. It is tough and involves luck as well as skill. There will be always be unknown components, but having less competition for qualified buyers certainly tips the scales in favor of the seller.


Currently the competition is almost non-existent, choices are limited and the demand is high for Palos Verdes properties.  If you're considering selling give Norma Toering & Team a call to help you determine the value of your Palos Verdes home and review current market activity.

Sell Smart, Buy Wise and Live Well

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333

Palos Verdes Homes Blog - Palos Verdes Homes for Sale
Palos Verdes Equestrian Homes - Palos Verdes Real Estate Agent
Palos Verdes Coastal Homes - Los Angeles Home Search
Photos of Palos Verdes - Palos Verdes VideosPalos Verdes Luxury Homes - Beach Cities Homes

PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review.  Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

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 Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Palos Verdes Luxury Home Sales - Feb 2012

Two Palos Verdes luxury homes with price tags over $2,000,000 closed escrow during February. Both homes were located in Palos Verdes Estates.


Property one, located in Lunada Bay, sold for $2,729,000 and contained over 4800 square feet of living space, including a guest house. The 6-bedroom, 5-bath home was on the market for 279 days.


Property two, located in Malaga Cove, sold for $3,100,000 and contained over 4000 square feet of living space including a stunning ocean/coastline view. The 5-bedroom, 5-bath home was on the market for 81 days.


11 Palos Verdes luxury homes are currently in pending or backup offer status.
62 Palos Verdes luxury homes are currently listed for sale.



If you would like some help locating the best deals in luxury homes on the Palos Verdes Peninsula contact Norma Toering & Team. (310) 493-8333

Palos Verdes Homes Blog - Palos Verdes Houses
Palos Verdes Horse Property - Palos Verdes Realtor Agent
Palos Verdes Coastal Homes - Los Angeles Home Search
Photos of Palos Verdes - Palos Verdes VideosPalos Verdes Luxury Homes - Beach Cities Homes