Beach Cities Luxury Homes – June 2016

Here is the Charlemagne Intl Properties update on the luxury home market in the Beach Cities of Los Angeles.

Manhattan Beach:

• There are 50 homes for sale listed over $3,000,000 in Manhattan Beach
• There are 9 homes in escrow over $3M
• 14 Homes sold over $3M in May 2016. The highest priced sale was $9.2M for a newer home on 2nd Street.

Hermosa Beach:

• There are 12 homes for sale listed over $3,000,000 in Hermosa Beach
• There are 4 homes in escrow over $3M
• 2 Homes sold over $3M in May 2016. The highest priced sale was $3.7M for a luxury home on Monterey Blvd.

Redondo Beach:

• There is 1 home for sale listed over $3,000,000 in Redondo
• There are 1 home in escrow over $3M
• No homes sold over $3M in Redondo for the month of May.

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