Manhattan Beach

Happy New Year..  2019 Home Prices in the Beach Cities
Article

Happy New Year.. 2019 Home Prices in the Beach Cities

    Wow... Another year has come and gone!  2018 was a most interesting year.  California got a new Governor and a lot of issues to cont… Read more ⇢
Manhattan Beach:  Weekly Real Estate Market Reports 2018
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Manhattan Beach: Weekly Real Estate Market Reports 2018

 Walkstreet Manhattan Beach   Home prices in Manhattan Beach have been very stable since the first of the year That said  Manhattan Beach home prices… Read more ⇢
South Bay-Beach Cities: Home Prices in 2018
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South Bay-Beach Cities: Home Prices in 2018

Happy New Year... Welcome to 2018 Time to dust off the old crystal ball and see what the future may hold for home prices in the South Bay-Beach Cit… Read more ⇢
2017 Christmas- Holiday  Events in the South Bay-Beach Cities:
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2017 Christmas- Holiday Events in the South Bay-Beach Cities:

Fun Christmas - Holiday  Events in  Manhattan Beach, Hermosa Beach, Redondo Beach and El Segundo ....December 2017 It's that special time of year.… Read more ⇢
South Bay-Beach Cities: Explore a Community Through Social Media
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South Bay-Beach Cities: Explore a Community Through Social Media

    While there is nothing that equals seeing a new neighborhood in person, social media can be a great tool if in person browsing is not… Read more ⇢
Manhattan Beach: Home Sales May-July 2017

 

 

In recent months the news has been full or reports about the lack of affordable housing.  The issue isn’t just one for first-time buyers looking for homes under $500,000. Low inventory levels impact home sales in the local real estate markets.in Manhattan Beach, Hermosa, Redondo and El Segundo.   To the surprise of many, it’s not just the entry levels portions of the market that are having issues.   Even the luxury home section of the market has been impacted by low inventory levels.    While Manhattan Beach inventory is slightly higher than in the other Beach Cities;  there are just not enough homes available to meet the needs of prospective buyers.

 

Agents are posting in all networking groups looking for new listings that may be about to hit the market or pocket listings that might be available at the right price.   Rising interest rates do not seem to be having much of an effect on the local Manhattan Beach-Beach Cities market.  They will have to move up quite a bit before they impact the Beach Cities real estate market.

 

Looking at the chart below you can see how the swings in inventory in recent years.  The rest of the charts give a clearer picture of the Manhattan Beach real estate market.   This is a market that continually moves up and down depending on the mix of inventory and the properties that have sold.  In the last 2 months there have been two $20million dollar home sales. one on The Strand that will likely be torn down. The other just closed escrow in the Hill section and is a lovely co,pound that will probably keep the same footprint with a few changes.

 

Manhattan Beach: Active Listings:

(click on image to see numbers)

 

 

 

 

Manhattan Beach: Median Home Sale prices May-July 2017

 

 

 

 

Manhattan Beach: Number of Home Sales May-July 2017:

 

(click on image to see numbers)

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Manhattan Beach: Home Sales May-July 2017

Manhattan Beach : Home Sales April-May 2017
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Manhattan Beach : Home Sales April-May 2017

Manhattan Beach Home Sales April-May 2017       Manhattan Beach Strand...      Just in case anyone is keeping track.. t… Read more ⇢
Manhattan Beach: Sold January-March 2017
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Manhattan Beach: Sold January-March 2017

          Home sales jumped during January-March 2017 in Manhattan Beach.   March delivered a major upswing in prices … Read more ⇢
How to Survive Your Home Sale
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How to Survive Your Home Sale

  Let’s be honest – living in your home while you have it on the market can be tough.  I know because I have done it!  Not only do you need to k… Read more ⇢
Manhattan Beach-Beach Cities: When’s the Right Time to Sell
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Manhattan Beach-Beach Cities: When’s the Right Time to Sell

      One of the major considerations in selling a home is timing.  If you don't have to move tomorrow, a big question for sellers… Read more ⇢
South Bay-Beach Cities: 2017 and the Housing Market
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South Bay-Beach Cities: 2017 and the Housing Market

          My magic crystal ball has once again decided to remain cloudy....Here we are 10 days into the New Year and  … Read more ⇢
Manhattan Beach Home Sales October-November 2016
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Manhattan Beach Home Sales October-November 2016

Winter.. Manhattan Beach       Time seems to pass  quickly as we near the end of another year.. Fall is a busy time of year. The H… Read more ⇢
Manhattan Beach: September Home Sales 2012-2016
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Manhattan Beach: September Home Sales 2012-2016

        The Hometown Fair is over and The World Famous Pumpkin race is Sunday October 23, 2016....  It must be Fall in Manha… Read more ⇢
Manhattan Beach: July Home Sales 2012-2016
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Manhattan Beach: July Home Sales 2012-2016

Polliwog Park Manhattan Beach     Shifts in the Manhattan Beach real estate market  point toward a normalizing trend.  Home sales in Man… Read more ⇢
Manhattan Beach – Beach Cities:  Buying all cash.. look for changes..
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Manhattan Beach – Beach Cities: Buying all cash.. look for changes..

      If you are an all cash buyer you may be surprised by the new rules the FEDS are putting into place. You will no longer be ab… Read more ⇢

Moving? Know the value of your home …