Palos Verdes Coastal Homes 310-493-8333

Friday, September 17, 2010

Palos Verdes Drive South - Aug 2010 Home Sales Report

OceanFront in RPV Palos Verdes Drive South neighborhood real estate and home sales report for the Rancho Palos Verdes, CA in August 2010.

Active listings: 19 Homes are listed for sale priced from $896,000 to $12,000,000.

Pending sales: 8 Homes are in escrow in the PVDS area priced from $798,000 to $4,999,999.

August sales: 3 Homes sold in August 2010:

Vigilance Dr $999,000
Nuvola Ct $2,070,000
Sea Cove Dr $3,440,000

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. 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. Information is deemed reliable but not guaranteed.

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Homes In Palos Verdes - Palos Verdes Realtor Home
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Needles Land for Sale on the Colorado River

Thursday, September 2, 2010

Smart Buys in Palos Verdes

You do not have to give up your dream house; you may simply need to adjust the dream. This week's smart buy on the Palos Verdes Peninsula offers all this and more:

1) Coastal View

2) Private Setting

3) Pool

4) Gorgeous Grounds

5) Gated Estate

6) Income

7) Easy Freeway Access

8) Timeless Design

Offered at $2,500,000 this Mediterranean beauty offers a pool house, a second single family house on the property, lush landscaping, several patios and balconies overlooking views of the Pacific Ocean. It is Norma Toering and Team's choice for this week's Smart Buy in Palos Verdes. Call to arrange your private tour.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. 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

Selling Palos Verdes Homes - Palos Verdes Agent Home
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Land for Sale on the Colorado River

Wednesday, September 1, 2010

2017 Suana Dr - Mid-Century Modern in Palos Verdes, CA

Join me at my open house August 28 & 29, 2010 at 2017 Suana Drive, Rancho Palos Verdes. The property will be open each day from 1:00 to 4:00 PM.

It is a brand new listing and this is the first open house; don't miss seeing this Mid-Century Modern with a view extending from San Pedro to Long Beach and beyond.

The home has three bedrooms, two baths and a view from nearly every room! 2017 Suana Drive

List Price: $849,000

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. 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

Needles River Front Land for Sale

Friday, August 13, 2010

Palos Verdes Buyer's Question: Where Can I Take My Kids to the Beach?

Yesterday a prospective buyer asked, "Do you have sandy beaches in this area?" It was a fair question since we were looking at properties in Palos Verdes, an area famous for its breathtaking beauty and majestic cliffs towering above the blue Pacific, but not noted for sand filled beaches.

My resounding reply was, "Of course we do!" The Beach Cities offers some of the best beaches in Southern California. Torrance Beach is a local favorite and RAT Beach is a delightful beach at the end of Torrance Beach with access from Malaga Cove.

It's summer and beach questions are to be expected. Check out these photos of beach destinations in the South Bay.

There are bike paths too!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. 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

Listing a Palos Verdes Home - Sell My Oceanfront Home
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Wednesday, August 4, 2010

Palos Verdes and Beach Cities Luxury Coastal Estates - Over $5 Million

I decided to take a mid-year pulse on the high-end luxury home market in Palos Verdes and the Beach Cities of Redondo Beach, Hermosa Beach and Manhattan Beach. The Strand in Hermosa Beach CA

Beach Cities:
Manhattan Beach has 7 homes currently for sale priced over $5,000,000. Hermosa Beach has 14 properties for sale above the $5,000,000 mark. Redondo Beach has only 1 property in the $5,000,000 and up price range.

Palos Verdes:
Palos Verdes Estates has 6 properties listed for more than $5,000,000. Rolling Hills has 5 homes listed in the $5M and up price range. Rancho Palos Verdes contributes 8 homes to the $5M and up price category.

2010 Sales in the $5,000,000 and up price range are as follows: Manhattan Beach: 5 Sales ranging in price from $5,250,000 to $7,500,000. Hermosa Beach: 2 Sales ranging from $5,175,000 to $5,800,000. Rolling Hills: 1 Sale at $5,500,000.

Contact Norma Toering and Team for more information on luxury living on the Palos Verdes Peninsula or the Beach Cities.

Home with a Pool

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. 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 - Rancho Palos Verdes Homes
Palos Verdes Horse Property - Palos Verdes Realtor Blog
Boitano Palms Lots for Sale - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos

Seller Tip: How To Know When and How Much To Reduce Your Price

I requested a price reduction on a listing last week. The seller wants to know how much she should reduce the price to still be enough to generate an offer but not take unnecessary cash from her pile on the closing table. She also wants to know how I know it is time for a price reduction. Fair questions and very typical ones for every seller contemplating a price reduction.

My first response was to remind her she chose to list it at the highest dollar of the suggested listing price range I provided based upon recent sales in her neighborhood. True, her property boasts a long list of improvements and shows like a near model home, but improvements rarely return dollar for dollar. Next, we discussed the number of showings and the fact we have passed the first thirty days without so much as a nibble. Lots of compliments and kudos for terrific upgrades, but no offers.

I do not have a set formula for price reductions. I do keep a close eye on market activity in the area and monitor showings for feedback. My initial goal is neither to overprice or under-price a listing; the goal is to price it at market value. We are close but not quite on the money. Sometimes a small adjustment will move a property into the "sell zone" before staleness sets in and lowball offers emerge.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. 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 Listed and Sold - First Half of 2010 - All PV

PV Map

Neighborhood	Available	In Escrow	Sold 1-6/2010
All of Palos Verdes	264	102	261
Lunada Bay	41	5	30
Monte Malaga	23	6	16
Malaga Cove	13	7	12
Valmonte	13	8	25
Palos Verdes Dr. North	26	13	26
Rolling Hills	16	2	11
Palos Verdes Dr. East	13	9	20
Mira Catalina	5	4	8
Palos Verdes Dr. South	22	5	7
Palos Verdes Dr. West	20	1	7
Country Club	16	5	8
La Cresta	10	4	16
Los Verdes	9	11	13
Crest	8	2	11
Peninsula Center	12	2	8
Silver Spur	7	8	17
Eastview	9	10	26

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. 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