Palos Verdes Lifestyle - Norma Toering 310-493-8333


Palos Verdes Real Estate Market Update--May 2016

Slider May 2016


New listings are being gobbled up at a fast pace by buyers who are hungry to purchase a home on the Palos Verdes Peninsula. The length and strength of this seller's market are remarkable even to someone who views the real estate market statistics on a daily basis.  At the current rate of absorption, there is less than a two-month supply of inventory if no new properties come on the market. That's a white hot real estate market with sellers holding the trump card if they have a house to sell.

Let's let the April 2016 statistics do the talking:

There are 189 single family Palos Verdes homes currently listed for sale.

There are 120 Palos Verdes residences in escrow with accepted offers. (Let's all say WOW).

65 Palos Verdes single family homes sold during the month of April per MLS records.

At a glance, it's easy to see demand for Palos Verdes Property remains high, and supply remains limited.  Year-over-year price increases have slowed, and with the threat of interest rate increases, buyers continue to shop for a property on the Palos Verdes Peninsula.


With stunning topography, forever views, and a stellar public school system Palos Verdes has much to offer its current and prospective residents.  For more information on selling or buying properties on the Palos Verdes Peninsula contact Charlemagne Int'l Properties at 310.493.8333 or send us an email at

What is your home worth?

Branded Pro Pic from Madison

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 as one of the top ten Los Angeles area real estate blogs.
  • Chosen by 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.


This blog does not allow anonymous comments