For those that did not receive this email from Sandy Marchese, Community Relations Assistant, Palos Verdes Estates Police Department, here is the update from PVE PD about 5 burglaries that occurred last night in Valmonte. . . .
While our community continues to be safe and your Police Department is continually working to prevent and respond to crimes, you may be interested to know that last night, November 9, 2015, five homes in our city were burglarized. We want to keep you informed. In nearly every case the suspects entered the rear yard and smashed out a rear window (one had the front windows smashed). The suspect(s) made entry at a few homes, with alarms being activated in all but one. PVEPD officers responded with lights & sirens, and used the LASD helicopter, so if our residents saw or heard this police activity and wondered what was going on – the police department was responding to in-progress residential burglary calls. No suspects were located at any of the locations, so these burglars were either scared away by the alarms or made very quick entries before fleeing prior to police arrival. In one case, the residents were in the home at the time of the window smash burglary attempt. No one was injured and there were no items ultimately reported stolen. Anyone with further information, video camera surveillance, etc. is urged to contact PVEPD.
We must all exercise Crime Prevention techniques such as locking side gates, using alarm systems, motion sensor lights, trimming back shrubbery away from windows, etc. Deterrents work. I also encourage residents to join Neighborhood Watch to work with neighbors to observe and report suspicious persons or activity. Please know that your police department has been combating property crime increasing by dedicating extra patrol officers to residential areas, both uniformed and plain clothed officers. We will also be introducing Anti-Theft Dots, a property identification and recovery product to be announced soon on our website.
Chugging Right Along October 2015 sales of single family homes in Valmonte kept pace with September and is contributing to 2015 going down as one of the best years in recent memory. In all 4 homes sold in October priced from $1.137m to 1.65m all in the eastern part of Valmonte “where the sun always shines.” Three of the houses were listed on the MLS and took anywhere from 7 to 126 days to sell; the fourth, on Via Valmonte sold off-market for $1.55m. The selling to asking price averaged 94% as all marketed homes required price reductions to sell. As for active listings, there are 10 homes listed for sale in Valmonte, priced from $1.338m for a smaller home on PV Drive North to an updated one story on Via Palomino priced at $2.295m. For the year, the average sales price through October 31st is a record $1.539m – up about 14% from 2014. On top of that, there have already been 49 sales through September 30th this year, compared to 34 homes sold in all of 2014. Historically speaking, on a price/foot basic, prices have rallied 28% from market lows set in 2012 ($509/foot); however, the average price/foot is off 11% from market highs set in 2005 ($729/foot) and 2006 ($728/foot).
What is the take-away from all of this? As the traditional summer selling season comes to an end, there are still plenty of opportunities to buy and sell a home in Valmonte. The lending market is still favorable to well qualified buyers with rates hovering in the 4% range. For those looking to buy, this may be your best chance. Home prices are expected to continue to rise moderately in 2016 and interest rates are likely to see a moderate increase as well. Inventory remains below the “balanced” level of 5 months supply with a current 2.3 months supply, indicating this is still a seller’s market. However, as homes continue to sit empty or with sellers eager to move, this may be the chance to negotiate a good price for your next home.
See you in the neighborhood . . . .
SOLD: 208 Via Alcance – $1.137 gets you this 1800′ fixer
FOR SALE: 300 Alcance – $1.699 remodeled and across from the school
Going all out for Halloween in Valmonte, Via Larga Vista
On a night that brings back such fond memories of thinking about what costume I would sport for the school parade and running from house to house to see how big the next candy bar might be, it brings me great happiness to see the Halloween tradition alive and well in Valmonte. With this year’s big night landing on a Saturday, it was sure to be a success. For this Valmonte family, it started early with the VELA Preschool Halloween Parade on Friday. Once the highly anticipated evening came around after a busy Saturday, my little tribe was set and ready to go and we joined some friends in the Hollywood Riviera for a little gathering before we met up with some neighbors for a party with a spread fit for Count Dracula. The best part of Halloween besides seeing the kids’ excitement, is seeing how decked out our Valmonte neighbors get for the crowds of parents with their little witches, ninjas, princesses, and superhero’s in tow. Via Larga Vista is a personal favorite but Via la Selva and many of the other streets raise the bar each year with more spectacular lighting effects and decor. As for treats, the full size candy bars are always awesome, but one neighbor on Via Nivel really put on a delectable show with the cotton candy machine. Words don’t really do it justice, so here are a few images from this year’s Halloween . . .