Market Statistics

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 ⇢
North Redondo Beach-90278: Weekly Market Reports 2018
Article

North Redondo Beach-90278: Weekly Market Reports 2018

North Redondo Beach Townhome... North Redondo remains the most affordable of the Beach Cities.  Buyers looking to buy a  home under $800,000 … Read more ⇢
Manhattan Beach:  Weekly Real Estate Market Reports 2018
Article

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 ⇢
Hermosa Beach:  Weekly Market Reports 2018
Article

Hermosa Beach: Weekly Market Reports 2018

 Hermosa Beach Pier... There is a lot happening in our local Hermosa Beach real estate market.  Home prices continue to move upward while inventory… Read more ⇢
South Redondo Beach-90277: Weekly Market Reports 2018
Article

South Redondo Beach-90277: Weekly Market Reports 2018

Homes on the Avenues in South Redondo Beach... Home prices in South Redondo Beach are a good alternative to Manhattan Beach and Hermosa Beach p… 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)

Audio

Manhattan Beach: Home Sales May-July 2017

Manhattan Beach : Home Sales April-May 2017
Article

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 ⇢
Redondo Beach: January -March 2017 Home Sales
Article

Redondo Beach: January -March 2017 Home Sales

      Queens's Necklace View Redondo Beach:             This weekend marks the beginning of the… Read more ⇢
Manhattan Beach: Sold January-March 2017
Article

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 ⇢
South Bay-Beach Cities: 2017 and the Housing Market
Article

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 ⇢
Hermosa Beach: Home Sales October-November 2016
Article

Hermosa Beach: Home Sales October-November 2016

The Hermosa Beach Pier...         Hermosa Beach home sales have been relatively consistent for most of the year.  While the … Read more ⇢
Manhattan Beach Home Sales October-November 2016
Article

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 ⇢
El Segundo: Home Sales September 2012-2016
Article

El Segundo: Home Sales September 2012-2016

Downtown El Segundo...       There's a lot going on in El Segundo. New restaurants are popping up as well as hometown favorites.. … Read more ⇢
Redondo Beach: September Home Sales 2012-2016
Article

Redondo Beach: September Home Sales 2012-2016

The Avenues South Redondo......     Some of the most interesting homes in the South Bay can be found along The Avenues in South Redondo. M… Read more ⇢
Manhattan Beach: September Home Sales 2012-2016
Article

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 ⇢

Moving? Know the value of your home …