palos verdes real estate: House Tour Palos Verdes
- 01/31/12 01:39 PM
There were 31 homes on the January 24, 2012, Palos Verdes real estate Broker’s Tour. I was able to see 13 homes today in the allotted two hours. More than half the homes on tour today were new listings; we are happy to see our inventory increasing. We currently have 204 single family Palos Verdes homes for sale ranging in price from $725,000 in Rolling Hills Estates 90274 to $10,500,000 in Palos Verdes Estates 90274 (the low in Eastview is $597,400). There are 51 Palos Verdes townhomes for sale priced between $171,000 and $2,595,000. My favorite Palos Verdes homes today were:
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palos verdes real estate: January Palos Verdes Homes Sales
- 01/30/12 01:36 PM
Sales for Palos Verdes real estate single family homes in the first 26 days of January have decreased compared to sales to date for this time last month (37). 20 Palos Verdes houses have been reported as sold to date since January 1, 2012. (It may take an additional week for some sales to post after the actual close of escrow). The average sales price for single family Palos Verdes homes for January to date is $1,596,809 which is up from last month’s average of $1,462,000.
In January 2012 to date, the highest priced Palos Verdes home sold for $7,000,000 in … (1 comments)
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palos verdes real estate: Palos Verdes Real Estate 2011 Neighborhood Statistics
- 01/27/12 12:21 PM
In a prior article, “How Did 2011 Palos Verdes Homes Sales Compare?”, I gave preliminary statistics for the entire Palos Verdes Peninsula. Now we will look at those final numbers as well as the individual neighborhoods. The chart above can be seen in larger version by clicking here and scrolling to bottom.
561 single family Palos Verdes homes sold in 2011 compared to 530 homes sold in 2010 – a 6% increase. Average sales price for single family Palos Verdes houses sold in 2011 increased slightly from 2010 – $1,358,845 in 2011 compared to $1,350,120 in 2010 – a .6% … (0 comments)
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palos verdes real estate: Palos Verdes Real Estate Outlook December 2011
- 01/25/12 12:37 PM
December 2011 statistics for Palos Verdes real estate show a slowdown from November but on track compared to December 2010. Both pending sales and the number of Palos Verdes homes sold in December 2011 was less than the prior month. 47 Palos Verdes houses sold/closed escrow in December compared to 50 single family homes sold in November. December 2011 sales (47) are almost exactly the same as December 2010 (48). 41 Palos Verdes houses had pending sales in December compared to 50 homes in November. Inventory of active Palos Verdes homes for sale was 172, continuing the seasonal reduction in … (1 comments)
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palos verdes real estate: Homes Tour Favorites in Palos Verdes
- 01/24/12 03:23 PM
There were 25 homes on the January 17, 2012 Palos Verdes real estate Broker’s Tour. I was not able to see all of them; my favorites are below and today there were several homes with interesting features. We currently have 191 single family Palos Verdes homes for sale ranging in price from $759,000 in Rancho Palos Verdes 90275 to $10,500,000 in Palos Verdes Estates 90274 (the low in Eastview is $539,000). There are 54 Palos Verdes townhomes for sale priced between $187,500 and $2,595,000. My favorite Palos Verdes homes today were:
George Fotion’s (Call Realty) 1444 Paseo Del Mar, Palos Verdes … (0 comments)
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palos verdes real estate: What Percentage Of Palos Verdes Real Estate Is In Foreclosure?
- 01/20/12 12:48 PM
As part of selling Palos Verdes real estate, I keep updated on area statistics, Palos Verdes homes for sale, new software, etc. Today, I attended a class which showed us new features of our Multiple Listing Service which included searching for specific data in several different categories. I looked at distressed properties sales in Palos Verdes to see how it compared to Los Angeles County, the State of California and nationally as reported in a recent LA Times article (click here to view article). As you can see from the chart above, only .5 – 1% of Palos Verdes homes … (0 comments)
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palos verdes real estate: Favoite Palos Verdes Homes of 2011
- 01/19/12 01:59 PM
As I did last year, I thought it would be fun to go through 2011s Top Tuesday Tour Tips for Palos Verdes real estate and pick my favorites, tell you why and give you an update on those Palos Verdes Homes.
Kim Hall’s (Remax Palos Verdes Realty) 800 Somonte, Palos Verdes Estates 90274 (above left) is a 5 bedroom, 6 bath, 5,273 square foot home listed for $2,950,000. This elegant Malaga Cove Italian style villa features fabulous Queen’s Necklace Ocean/Coastline views, a plush media room and heated lap pool. This well-priced home sold for over asking price at $3,175,000 and closed … (1 comments)
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palos verdes real estate: Palos Verdes House Tour
- 01/17/12 01:39 PM
There were 34 homes on the January 10, 2012 Palos Verdes real estate Broker’s Tour. I was not able to see all of them but my favorites are below and today it was all about the view. We currently have 183 single family Palos Verdes homes for sale ranging in price from $600,000 in Rancho Palos Verdes 90275 to $10,500,000 in Palos Verdes Estates 90274 (the low in Eastview is $539,000). There are 51 Palos Verdes townhomes for sale priced between $187,500 and $2,595,000. My favorite Palos Verdes homes today were:
Chris Adlam’s (Peninsula Sotheby’s Int’l Realty) 6454 LeBlanc Place, … (0 comments)
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palos verdes real estate: New Mortgage Dispute Resolution Hotline
- 01/11/12 01:48 PM
Palos Verdes homes owners and home owners across the country often have unresolved questions regarding their home mortgage, private mortgage insurance escrow account, promised interest rate reduction, loan modification request and an array of other home loan questions. I just read about a new federal service that became available on December 1, 2011 – the Consumer Financial Protection Bureau’s home mortgage complaint and dispute resolution hotline courtesy of last year’s Dodd-Frank financial reform legislation. Click here to read more about dispute resolution hotline...
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palos verdes real estate: Palos Verdes Real Estate Peninsula Center Neighborhood
- 01/06/12 02:36 PM
Palos Verdes real estate area 175 is known as Peninsula Center, and is located in the cities of Rancho Palos Verdes and Rolling Hills Estates. Multiple listing service area 175 is bordered by Hawthorne Boulevard to the north, Indian Peak Road to the west and Crenshaw Boulevard to the south.
There is a large tract of single family Palos Verdes homes located in the northern section of Peninsula Center which includes the Blackhorse community. Soleado Elementary School is tucked away in this tract of homes. There are several Palos Verdes townhome/condo complexes located off Silver Spur Road.
Palos Verdes’ largest … (0 comments)
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palos verdes real estate: Palos Verdes Real Estate Crest Neighborhood
- 01/05/12 01:43 PM
Palos Verdes real estate area #174 is known as Crest, and is located in both the city of Rancho Palos Verdes and Rolling Hills Estates. Multiple listing Service Area 174 has a very irregular shape and is bordered by Hawthorne Boulevard, then south on Indian Peak to Crenshaw to Crest to Highridge to Armaga Springs into Indian Valley to Hawthorne.
The Crest area includes the single family developments of Seaview, Stonecrest, and Mesa Verde and a large tract of single family Palos Verdes homes near Whitley Collins Drive (which is located near Highridge and Crest Road. It also includes the … (0 comments)
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palos verdes real estate: Palos Verdes Real Estate Outlook November 2011
- 12/14/11 12:33 PM
November 2011 statistics for Palos Verdes real estate look pretty good. There is an increase in both the number of sales and pending sales for Palos Verdes homes sold in November. 50 Palos Verdes houses sold/closed escrow in November compared to 38 single family homes sold in October. Look at how November 2011 sales compare to November 2010 sales which had only 19 sales making sales this November’s sales huge! 54 Palos Verdes houses had pending sales in November compared to 51 homes in October. Inventory of active Palos Verdes homes for sale was 216, continuing the seasonal reduction in … (0 comments)
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palos verdes real estate: Palos Verdes Los Verdes Neighborhood
- 12/08/11 12:57 PM
Palos Verdes real estate area #173 is known as Los Verdes and is located in the city of Rancho Palos Verdes. Multiple listing Service Area 173 is mostly composed of track homes on the west side of Hawthorne Blvd, and is bordered by Palos Verdes Estates to the north and west and Hesse Park to the south.
This MLS area is home to Vista Grande Elementary School, and Hesse Park. Hesse Park is one of the favorite parks on the Peninsula. It houses a large community center which is used for not only the Senior Citizen lecture series, and summer concerts in the … (0 comments)
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palos verdes real estate: Palos Verdes Real Estate La Cresta Neighborhood
- 12/01/11 02:24 PM
Palos Verdes real estate area 172 is known as La Cresta, and is located in the city of Rancho Palos Verdes. Multiple listing Service Area 172 is bordered by the City of Rolling Hills to the east, Palos Verdes Land Conservancy acreage to the south, Hawthorne Boulevard and Indian Valley to the west and a very jagged border to the north which includes Wallace Ranch and Crestridge.
The La Cresta area includes the developments of Cresta Verde, Pepper Tree, The Ranch, Rolling Hills Country Estates, Wallace Ranch, Vantage Point, Hillcrest Manor and Rolling Hills Park. Some of the newer … (0 comments)
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palos verdes real estate: Favorite Palos Verdes Homes November
- 11/15/11 03:12 PM
There were 29 homes on the November 8, 2011, Palos Verdes real estate Broker’s Tour. We currently have 232 single family Palos Verdes homes for sale ranging in price from $680,000 in Rancho Palos Verdes 90275 to $14,900,000 also in Rancho Palos Verdes 90275 (the low in Eastview is $524,000). There are 46 Palos Verdes townhomes for sale priced between $190,500 and $2,395,000. My favorite Palos Verdes houses on tour today all have ocean views:
Elaine Carlson’s (RE/MAX Palos Verdes Realty) 3134 Corinna Drive, Rancho Palos Verdes 90275 (above left) is a 3 bedroom, 2 bath, 1,898 square foot home for $849,000. This Mira Catalina home has breathless … (1 comments)
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palos verdes real estate: What Is Current Status Of Rolling Hills Estates Real Estate Projects?
- 11/11/11 03:12 PM
Cris Bruzzone, a regular reader of PalosVerdesSource.com emailed me requesting an update on “the planned condo and/or townhome projects that were originally slated for the Deep Valley Drive and Silver Spur area.” I welcome the opportunity to answer questions about Palos Verdes real estate. At the City Managers Meeting in late April, Douglas Prichard from Rolling Hills Estates gave an update (click here to read).
Today, I spoke to Niki Cutter, Principal Planner for Rolling Hills Estates, who was kind enough to give me the following information. She also told me that the City of Rolling Hills Estates has … (0 comments)
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palos verdes real estate: Palos Verdes Real Estate Outlook September 2011 Market Statistics
- 10/19/11 02:19 PM
September 2011 statistics for Palos Verdes real estate show a decrease in the number of sales and another increase in the average price for a Palos Verdes home sold in September. 44 Palos Verdes houses sold/closed escrow in September compared to 59 single family homes sold in August. Average sales price for Palos Verdes homes sold in September was $1,396,000 compared to $1,306,000 for August. 51 Palos Verdes houses had pending sales in September compared to 68 homes in August. If this trend continues, sales may be slowing down a little earlier than last year.
Inventory of active Palos Verdes … (0 comments)
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palos verdes real estate: Equity In Palos Verdes Real Estate?
- 10/13/11 01:53 PM
How are Palos Verdes homes owners doing when it comes to equity in their homes and how many distressed sales do we have?
A recent LA Times article states that half of homes owners nationally have at least 25% equity in their homes and about one quarter of homeowners with mortgages have more than 50% equity in their homes. In California, the numbers are slightly higher. My guess would be that Palos Verdes houses have fared even better because of “the stable, relatively affluent, low-construction characteristics of high-equity areas.” Click here to read LA Times article regarding Homeowner Equity.
California … (0 comments)
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palos verdes real estate: Palos Verdes Favorite Homes On Tour
- 10/12/11 03:01 PM
There were 21 homes on the October 4, 2011, Palos Verdes real estate Broker’s Tour. We currently have 262 single family Palos Verdes homes for sale ranging in price from $680,000 in Rancho Palos Verdes 90275 to $14,900,000 also in Rancho Palos Verdes 90275 (the low in Eastview is $449,900). There are 53 Palos Verdes townhomes for sale priced between $180,000 and $2,495,000. My favorite Palos Verdes houses on tour today were:
Stephen Haw’s (Remax Palos Verdes Realty) 841 Via Somonte, Palos Verdes Estates 90274 (above left) is a 4 bedroom, 5 bath, 4,490 square foot home for $3,950,000. This … (4 comments)
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palos verdes real estate: 2012 California Real Estate Market Outlook
- 10/06/11 10:36 AM
Wednesday, I attended a Women’s Council of Realtors seminar where Leslie Appleton-Young, Chief Economist for California Association of Realtors, presented her 2012 economic forecast in addition to comments on the current economy and the real estate market. I always look forward to hearing her speak because she has specific information for California. Highlights of her speech are below. For information on our Palos Verdes real estate market, click here or on the “Statistics” tab above.
The GDP has stalled and consumer spending has slowed. Since 2009 California unemployment has been 12% and job losses bottomed in 2009. Jobs … (0 comments)
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There were 31 homes on the January 24, 2012, Palos Verdes real estate Broker’s Tour. I was able to see 13 homes today in the allotted two hours. More than half the homes on tour today were new listings; we are happy to see our inventory increasing. We currently have 204 single family Palos Verdes homes for sale ranging in price from $725,000 in Rolling Hills Estates 90274 to $10,500,000 in Palos Verdes Estates 90274 (the low in Eastview is $597,400). There are 51 Palos Verdes townhomes for sale priced between $171,000 and $2,595,000. My favorite Palos Verdes homes today were:
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