I awoke this morning with my blogging inspiration for the day on my mind. I knew I wanted to do a "head to head' comparison of the Beach Cities luxury home market versus the Palos Verdes luxury home market for the first half of 2017. The beach cities of Manhattan, Hermosa, and Redondo hug the coastline of the South Bay of Los Angeles until the coast gives way to the Palos Verdes Peninsula. For those in the market to purchase a coastal property in the South Bay of L. A. your real estate search will undoubtedly send you to these coastal communities. Searching for a home can be time-consuming and overwhelming. Let me help you with your pre-search homework with a little statistical information. Manhattan Beach currently has 55 luxury properties priced over $3,000,000 for sale. 17 Manhattan Beach luxury residences are in escrow with accepted offers. 83 Luxury homes [...]
Redondo Beach, California is one of the three beach towns in the South Bay of Los Angeles commonly referred to as "The Beach Cities." The coastal location offers many residences with stunning ocean views. The ability to walk out your door and feel the sand beneath your toes is a reality for many Redondo Beach residents. The pull of living the coastal lifestyle attracts many buyers to the area. When it comes to luxury homes in Redondo Beach most are located in the coastal zone close to the water. There are currently seven Redondo Beach luxury homes priced at or above $3,000,000 for sale. There are currently no Redondo Beach luxury properties in escrow, nor were any sales recorded in the price range. However, four homes priced at or above $2,000,000 sold in Redondo Beach during the month of October 2015. For help with preparing your Redondo Beach high-end residence [...]
If you're contemplating selling a Manhattan Beach luxury home in the upcoming months, here is some valuable information about recent real estate activity in the luxury home market in Manhattan Beach. Nine luxury homes priced at or above $3,000,000 sold during the month of October 2015 in Manhattan Beach. Seven of those properties were located in the Sand Section. Nine Manhattan Beach luxury homes in the three million dollar and up price range are in escrow with accepted offers. 37 Manhattan Beach luxury residences are currently for sale in the $3,000,000+ price range. The luxury market is moving toward a more neutral zone favoring neither sellers nor buyers--a neutral market is a stable market and that's good for sellers as well as buyers. For more information on the Manhattan Beach luxury home market contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com
Luxury is a word that means different things to different people. For real estate purposes, luxury will indicate those properties priced at or above $3,000,000. The value of a property is determined by its location, quality, amenities and size. Having a coastal location, a mesmerizing ocean view, luxury amenities and top-quality construction certainly adds to the value and contributes to making the property worth the price to prospective buyers. Let's check out the Redondo Beach luxury real estate scene as summer wanes and autumn approaches with its subtle shift to shorter days and cooler nights. July 2015 luxury listings and sales report for Redondo Beach: Four luxury residences are currently listed for sale in Redondo Beach. The properties range in price from $4,000,000 to $13,000,000. There are currently no Redondo Beach luxury homes priced at or over $3,000,000. One Redondo Beach luxury residence on Paseo de la Playa sold [...]
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.