Palos Verdes Lifestyle - Norma Toering 310-493-8333

head_left_image

Palos Verdes, CA Real Estate Market Update--Dec. 2016

Williamsburg Lane

 

 

The Palos Verdes housing market is ending the year still entrenched in a seller's 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.

 

dec-gemeral-slider

dec-luxury-slider

 

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.

 


best-half-body-shot-2016

 

 

Thank for your 2016 readership, your business, and referrals.  I wish you and your family a happy holiday season and a prosperous 2017. Please keep me in mind if you have real estate questions or needs in the New Year. Let's work together to make 2017 a fabulous year for your real estate portfolio.

Sell Smart, Buy Wise and Live Well

Norma Toering - Real Estate BrokerNorma Toering & Team
Broker-Owner - Charlemagne International Properties
310.493.8333 - Email Norma

 

 

 

 

Find Norma on: Facebook - Twitter - LinkedIn - Pinterest - Google+

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.
  • Rancho Palos Verdes Top Real Estate Agent

Palos Verdes Homes Blog - Palos Verdes Houses
Palos Verdes Horse Property - Palos Verdes Real Estate Agent
Palos Verdes Coastal Homes - Palos Verdes Home Search
Photos of Palos Verdes - Palos Verdes Videos
Palos Verdes Luxury Homes - Beach Cities Homes - Income Property in the South Bay

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.

Comment balloon 2 comments • Norma Toering Broker for Palos Verdes and Beach Cities • December 27 2016 05:45PM
Palos Verdes, CA Real Estate Market Update--Dec. 2016
share
The Palos Verdes housing market is ending the year still entrenched in a seller's 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… more
Measuring an Agent's Value
share
As we enter the last month of 2016, my thoughts are turning to how I can better serve my clients in 2017. Over the years it has become apparent there are a plethora of ways an agent can enhance their clients' well-being in financial matters as… more
Beach Cities of L. A. Residential Income Property Report
share
The South Bay of Los Angeles is popular with landlords for a variety of reasons; perhaps the top one being real estate prices are high, and that supports an ever-growing pool of renters. The Beach Cities of Redondo, Hermosa and Manhattan are prime… more
November 2016 Palos Verdes and Beach Cities Market Report
share
Oops, it happened again. The number of available Palos Verdes single-family homes for sale dropped below 200. The shrinking supply pushed the market toward an even stronger sellers' market. Similar market trends apply to the Beach Cities real… more
Palos Verdes Luxury Home Market Report--November 2016
share
Luxury Homes in Rancho Palos Verdes, CA Rancho Palos Verdes was named one of the "Best Small Cities in America" by WalletHub and Manhattan Beach and Redondo Beach made the list as well. It's a pleasure to live and work in a… more
Lunada Bay Real Estate Report - October 2016
share
I've been spending a lot of time in the charming coastal community of Lunada Bay recently. As a real estate professional, I seem to circle around the Palos Verdes Peninsula once a day or so, and it's not unusual for my real estate work to "… more
Palos Verdes Neighborhoods with Most Luxury Home Sales
share
I wrote the original version of this article in 2011; it remains a perennial favorite for web search results, so perhaps it is time for a 2016 update on luxury home sales on the Palos Verdes Peninsula. First, the criteria bar for luxury homes has… more
Palos Verdes Luxury Home Market Report - Oct. 2016
share
There's some pleasant news for Palos Verdes luxury homeowners, especially those who have their single family residence for sale, the high-end housing market in Palos Verdes picked up a little steam after languishing during the final months of… more
Coastal Luxury Homes in Rancho Palos Verdes, CA
share
I enjoy taking sunrise walks along the Palos Verdes coastline. Yesterday, by the time I reached the new luxury homes in various states of construction at The Estates at Trump National in Rancho Palos Verdes the sun was illuminating the row of… more
Wordless Wednesday--Not Your Usual Pumpkins
share
Okay, there will be a few words here. otherwise, how will you know where to go to claim a few of these fabulous, if a bit unusual, pumpkins? Find them at Trader Joe's and better hurry because there were many customers admiring the display, and… more