We offer free preparation and value consultation of your luxury Hermosa Beach property. It's the first day of school, and finally the morning air was a bit cooler when I walked my dog this morning. It's been a hot and humid summer in the South Bay of Los Angeles, and even the coastal beach cities did not escape the summer heat wave. Do luxury home sellers and buyers keep the real estate market sizzling in the summer or does the market fizzle and slip into the lazy dog days of summer? Let's see how laid-back Hermosa Beach with its quaint beach cottages, sandy beaches and its ample supply of luxury homes priced over $3,000,000 closed out July 2015: There are currently 11 luxury residences priced at or above $3,000,000 for sale in Hermosa Beach ranging in price from $3,500,000 to $16,000,000. Four luxury properties are currently in escrow [...]
The Manhattan Beach luxury home inventory increased slightly in the $3,000,000 and up price range. To review last month's Manhattan Beach real estate statistics go here. There were six sales at or over $3,000,000 during July 2015. 11 Manhattan Beach luxury residences in the price range are in escrow with accepted offers. 30 Manhattan Beach luxury properties are for sale. Need to know the value of your property? Contact Norma Toering and Josh Toering at ToeringandTeam@gmail.com. For more information on the Manhattan Beach luxury market contact Charlemagne Int'l Properties at Norma@CharlemangeProperties or 310.493.8333.