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Palos Verdes Estates, CA Real Estate News

By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Palos Verdes Estates has 97 Single Family Homes for sale as of May 1, 2009 and 43 of them are located in Lunada Bay. Lunada neighborhood real estate report for April 2009: Active Listings:  43 Single Family Homes are for sale priced from $999,000 to $6,688,000. Pending Sales:  5 Single Family Homes are in escrow priced from $1,195,000 to $4,991,159. April Sales:  2 Single Family Homes closed escrow in April:      2857 Via De La Guerra - $902,000        1808 Via Olivera - $1,350,000   Contact me for more information on any of the homes listed or sold in the Lunada Bay neighborhood.  Norma Toering 310.493.8333 Previous Market Reports Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real estate, property, house...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The City of Palos Verdes Estates has approved $1.2 million plan to stabilize the landslide on Palos Verdes Drive West near Via Montemar which is threatening to undermine the roadway. Approx. $500,000 may be available from Federal Stimulus money to help fund this project. The repair involveds a 50 foot wall, which would be mostlu covered by dirt, on the ocean side of Palos Verdes Drive West.  A landslide here in the 1980's destroyed 2 homes and was blamed on faulty storm drains costing the City millions of dollars in legal settlements. As part of these settlements, the City now owns 6 homes, I believe, that the City Manager and police occupy. The City will put the job out to bid as soon as the Federal Funds are secured. For more information about Palos Verdes Estates Real Estate  please ...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
A new web site at http://www.pveca.us provides Palos Verdes Estates residents with a communications tool that will allow for the exchange of ideas, promote and/or recommend improvements in City services, and, at times, provide an outlet for residents to vent their frustrations.   Periodically the web site will conduct surveys pertaining to ongoing City issues. The results of these surveys will be summarized and sent to the City. All resident comments will be anonymous. No specific information will be shared with anyone unless specifically authorized by you. The web site was created by Jim Nyman, former mayor of Palos Verdes Estates. For more information about Palos Verdes Estates, please visit my web site at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
SUMMER CONCERTS The Lunada Bay Homeowners Association is pleased to announce the 2009 series of summer concerts. Join us for three evenings of fun and music in the Lunada Bay Park. All events are FREE! Lunada Bay Jams! May 31 from 4-7 pm. This event will showcase local, tremendously talented young jazz musicians. You bring the picnic they bring the swing!Jointly presented by LBHOA and Freedom4UMore Info Summer Concert in the ParkJuly 9 from 6PM - 8PM Beth Rohde (vocals), with special guests Matt Rohde (keyboard), David Sills (sax), and others. These rising stars on the L.A. jazz scene will present an evening of Brazilian jazz. This is a CD release party for Beth Rohde's soon to be released CD - you will have a chance to buy it first! More info Summer Concert in the ParkJuly 23 from 6PM ...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
A community forum will be held at the Palos Verdes Estates City Hall on May 5th at 6:30 pm where my husband, Bruce Megowan, and I will appear to appeal to the leadership of the City to help in the establishment of a dog park on the Palos Verdes Peninsula. If you would like to support such a dog park, plesse also plan to attend this forum to express your support. We believe that the most logical location for such a dog park is on the former Palos Verdes landfill site off of Crenshaw Blvd. adjacent to the botanical gardens, which is County property. Mayor Ellen Perkins, Mayor Pro Tem Rosemary Humphrey and City Manager Joseph Hoefgen will be present to field questions from the community. If you would like to be included in our data base of dog park supporters, please send an email to my hu...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Valmonte area of Palos Verdes Estates had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  5 Properties for Sale as of 3/31/09:  16 Average List Price at 3/31/09:  $1.7 million Average Sales Price of homes sold during 1st quarter: $1.4 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 607 per sq. ft. Properties sold at an average of 88% of List Price   For more information about Valmonte and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Malaga Cove area of Palos Verdes Estates had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  4 Properties for Sale as of 3/31/09:  20 Average List Price at 3/31/09:  $2.8 million Average Sales Price of homes sold during 1st quarter: $2.3 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 610 per sq. ft. Properties sold at an average of 93% of List Price For more information about Malaga Cove and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Monte Malaga area of Palos Verdes Estates had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  5 Properties for Sale as of 3/31/09:  19 Average List Price at 3/31/09:  $4.4 million Average Sales Price of homes sold during 1st quarter: $1.4 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 477 per sq. ft. Properties sold at an average of 92% of List Price For more information about Monte Malaga and Properties for Sale on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Lunada Bay area of Palos Verdes Estates had the following real estate market activity during the 1st Quarter of 2009: Properties Sold:  4        209 Rocky Point Road, $2,750,000 3 BR # BA 2,720 sf        1204 Via Descanso, $1,819,000 4BR 5 BA 3,543 sf        3024 Vis Rivera $1,180,000 3 BR 3 BA 2,255 sf        1104 Via Curva $1,100,000 4 BR 2 BA 1,674 sf Properties for Sale as of 3/31/09:  39 Average List Price at 3/31/09::  $2.7 million Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 564 per sq. ft. (excluding 205 Rocky Point which sold for $1,011 per sf due to a 14,588 sf lot on a bluff top lot in Rocky Point overlooking the ocean) Properties sold at an average of 93% of List Price    For more information about Lunada Bay and Properties for Sale on the Palos Verd...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Palos Verdes High School recently won the top prize for the nation's best weekly student-produced broadcast at the annual Student Television Network Convention competition in Florida.   "Live From 205" beat out 162 high schools from 33 states for the recognition, which the class has won three years in a row. Students also received awards for broadcast news writing, documentary, on-the-spot feature, anchoring and public service announcement. For more  PV School Info  visit my website at http://www.maureenmegowan.com
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The Valmonte area of Palos Verdes Estates offers easy access to the beaches, shopping and dining offered by its convenient location adjacent to Redondo Beach. Here are the real estate statistics for the Valmonte Neighborhood for March 2009: Active Listings:  15 Single Family Homes are listed for sale priced from $998,000 to $2,999,000. Pending Sales:  3 Single Family Homes are in escrow priced from $1,050,000 to $1,199,000. March Sales:  2 Single Family Homes closed escrow priced at $1,60,000 and $2,100,00. Valmonte is 10 minutes from this beach.  Are you ready for some summer fun?  Contact me for more information on Valmonte homes. Valmonte Real Estate 2008 Update Palos Verdes Estates, CA 90274 Palos Verdes Estates Real Estate Report February 2009 Norma Toering & Team RE/MAX Palos Verd...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Malaga Cove posted three sales during the month of March, and three homes are in escrow.  It is easy to understand why the Palos Verdes Estates neighborhood is experiencing an uptick in real estate activity.  A drive through the area offers frequent ocean views, red tile roofs dot the hillsides and the beaches are just minutes away. Malaga Cove real estate statistics for March 2009: Active Listings:  19 Single Family Homes are listed for sale priced from $1,295,000 to $4,500,000. Pending Sales:  3 Single Family Homes are in escrow priced from $2,199,000 to $4,999,000. March Sales:  3 Single Family Homes closed escrow priced from $1,280,000 to $2,050,000. Malaga Cove Real Estate Sales for 2008 Palos Verdes Estates, CA 90274 Palos Verdes Estates Real Estate Report February 2009 Norma Toer...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The March real estate numbers for Monte Malaga are looking good.  Pending sales are up and the inventory supply is down to less than four months at the current absorption rate. Monte Malaga real estate statistics for March 2009: Active Listings:  20 Single family homes are currently for sale priced from $1,199,000 to $12,999,000. Pending Sales:  6 Properties are in escrow priced from $1,279,000 to $3,950,000. March Sales:  2 Properties closed escrow priced at $1,910,000 and $4,000,000. There are currently 288 single family homes for sale in Palos Verdes.  47 homes are pending and 55 homes sold YTD. Norma Toering RE/MAX Palos Verdes Realty 310-493-8333 Monte Malaga 2008 Real Estate Overview Palos Verdes Estates Feb 2009 Statistics Track the local market on PalosVerdesLifestyle.com Norma ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
There is something for almost everyone in the Lunada Bay housing market.  Prices for single family homes range from $1,149,000 to a stunning bluff home with panoramic ocean view listed for $8,000,000. Lunada Bay real estate statistics for March 2009: Active Listings:  39 Single Family Homes are listed for sale priced from $1,149,000 to $8M. Pending Sales:  3 Properties are in escrow priced from $949,900 to $1,695,000. March Sales:  2 Properties closed escrow for $1,100,000 and $2,750,000.   2008 Lunada Bay Market Overview Feb 2009 Palos Verdes Estates Statistics Track the local Palos Verdes and San Pedro real estate market on PalosVerdesLifestyle.com   Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real es...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
This Saturday March 28th, 2009 there will be a charity clam chowder cookoff at the Redondo Beach Pier from 1 to 4 pm. The cookoff is being sponsored by Quality Seafood Inc., and proceeds from the cookoff will benefit The Wellness Community, South Bay, which offers a free program for cancer patients and their families.  Local restaurants, including Quality Seafood, Old Tony's, Fat Face Fenner's Fish Shack, and Delzano's by the Sea will prepare their unique recipes, and those that purchase the $6 tasting kit will vote for their favorite. The tasting kit consists of a spoon, bowl and the right to taste 5 samples. The location of the cookoff will be at the north end of the pier parking structure, lower level, across from the arcade. For more information about PV Sports, RecreationAnd  Parks...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The new adults-only jacuzzi at the Palos Verdes Beach and Athletic Club is now open. There will be a ribbon cutting ceremony at 6:30 pm on Wednesday April 15th, just before the club's annual meeting to be held immediately after the end of the ceremony. This new jacuzzi is located on the hillside below the snack bar and is situated to provide spectacular views of Santa Monica Bay and the South Bay beaches.       For more information about PV Sports, RecreationAnd  Parks  , visit my website at http://www.maureenmegowan.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Most of the residents pass by the obscure white structure on Palos Verdes Drive West above Bluff Cove between Lunada Bay and Malaga Cove in Palos Verdes Estates without any idea as to what it is.  This building is the "Douglas Cut Pumping Station" operated by the Sanitation District to pump sewage.  Last Tuesday, the City Council of Palos Verdes Estates voted to bury this civic eyesore. The building will be mostly buried under a contract estimated to cost approx. $1.5 million. The option to mostly bury the new structure cost an additional $200,000. An electric meter will remain above ground.The project is estimated to be completed by April 2010. The existing station was constructed in 1962. For more information about Palos Verdes Estates and buying or selling a home on the Palos Verdes ...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Redondo Beach City Council approved a $11.9 million plan to renovate the Seaside lagoon in Redondo BEach Tuesday night.  The approved plans is one of three concepts developed by Aquatic Design Group, Inc. originally proposed in December. This plan retains the largest footprint for the new lagoon of approx. 20,00 square feet, about half of the existing lagoon size.    The City Council has looked at several options to renovate the Lagoon and has chosen this plan to comply with the Los Angeles Water Quality Control Board request to meet all required water quality standards. The current lagoon obtains its salt water from the nearby power plant, adds chlorine, then removes the chlorine before discharging the water into the harbor. The Water Quality Control Board must now approve the plan...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
HAPPY ST. PATRICK'S DAY TO EVERYONE !!!   MAY YOU AND YOUR FAMILY FIND YOUR POT OF GOLD  !!!!! Both of my and my husband's families are of direct Irish descent. My maiden name is Donnelly and my great grandfather came over from Athlone Ireland (near Dublin) in 1859, My husband's  ancestor Robert Megowan came to the colonies in the 1750's from Belfast Ireland and served as quartermaster at Valley Forge under General Washington in the Revolutionary War! Therefor, my family really enjoys celebrating St. Patrick's day.
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By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
Just in the latest postal rates straight from the Pacific, specifically California Postal Rates, hope this is helpful to all you local californians. This is direct memo from the Postal Office, Pacific Sales Division "Fact Sheet" 2009 Postal Service Mailing Services Price Change ·         Prices for Postal Service mailing services - including First-Class Mail, Standard Mail, Periodicals (newspapers and magazines), Package Services (retail Parcel Post), and Special Services will be adjusted on Monday, May 11, 2009.   ·         The price of a First-Class Mail stamp increases two cents to 44 cents.   ·         Customers can continue to mail letters at today's prices by purchasing the Forever Stamp before May 11. Forever Stamps are honored whenever they are used with no need for additional ...
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