Market Indicators for Year End

The little yellow button indicating what type of housing market we currently in slipped back into strong seller territory.  Why?  Blame it on the holidays.

Buyers continued to purchase Palos Verdes, Beach Cities and South Bay homes as the holiday approached and arrived, but sellers postponed listing, and some even removed their property from the market during this busy time of year.

Those combined factors contributed to the stronger seller's market.  Let's talk about listing your property as the market currently favors sellers in nearly every price range and location throughout the greater Los Angeles area.
 
- Norma Toering, Broker Owner of Charlemagne Int'l Properties.
(310) 493-8333 or ToeringandTeam@gmail.com

Hermosa Beach Luxury Home Market Report December 2014

There's a common perception the real estate market slows down, or worse yet, comes to a grinding halt during the holiday season.  I'll admit there is a slight shift in activity as some sellers remove their home from the market, but buyer activity often intensifies.  I recently read the sale of luxury homes in California is on the increase in both number and price.

Let's see if that holds true for Hermosa Beach:

• One Hermosa Beach luxury homes priced over $2,000,000 sold during November 2014.
• Seven Hermosa Beach luxury homes in the same price range are in escrow with accepted offers.
• 15 Hermosa Beach luxury homes priced over $2,000,000 are currently for sale.

For more information on luxury homes in Hermosa Beach, CA contact Charlemagne Int'l Properties at 310 493 8333 or ToeringandTeam@gmail.com

Luxury Homes for Sale in Hermosa Beach:

Redondo Beach Luxury Home Market Report December 2014

Two Redondo Beach luxury homes priced over $2,000,000 closed escrow during the month of November 2014.  $3,500,000 topped the price list for a 6000+ sq. ft. pool home in the Knob Hill neighborhood.

One Redondo Beach luxury property is currently in escrow with an accepted offer. Six Redondo Beach luxury properties are currently for sale.

For more information about Redondo Beach luxury properties contact Charlemagne Int'l Properties at 310.493.8333 or ToeringandTeam@gmail.com

Redondo Beach Luxury Homes for Sale:

Redondo Beach Luxury Townhouses--2014 Update

"Under all is land" and in the Beach Cities of the South Bay of Los Angeles the land is very expensive.  If a slice of property is coastal with a view of the Pacific Ocean the value of the dirt soars to dizzying heights.  To offset the price of land, builders will often build townhouses rather than a single family home if local zoning laws allow.  Redondo Beach is no exception.  There are some spacious townhouses with the feel of a single family home scattered throughout Redondo Beach and the surrounding beach cities of Manhattan and Hermosa.

Here's a snapshot of the luxury townhouse market for 2014 as of November 13:
YTD one Redondo Beach luxury townhome priced over $2,000,000 sold.  The property was located on The Esplanade with direct access to the surf and sand.

Currently there are no Redondo Beach luxury townhouses priced over $2M for sale or in escrow.

In other news: one of our Palos Verdes clients just listed their Pasadena home at 875 Madison Avenue in Pasadena CA.

For more information about purchasing or selling a Redondo Beach luxury home contact

- Norma Toering, Broker at Charlemagne Intl Properties

Redondo Beach townhomes for sale:

Luxury Townhouses--Hermosa Beach Update 2014

If you dream of living close to The Strand in Hermosa Beach but single family homes are beyond your financial reach, then perhaps it's time to consider a townhouse located in the Sand Section, and within easy walking distance of the beach.  Luxury townhouses in this location often include a view of the water.

As of November 12, 2014 three Hermosa Beach luxury townhouses, priced over $2,000,000 sold this year. All were located in the Sand Section of Hermosa and priced in the $2,000,000 price range.

There are currently no luxury townhouses in escrow, but two Hermosa Beach high-end townhouses are for sale.  Both are located in the Sand Section and are priced in the $2-3M price range.

For more information about selling or buying a townhouse close to the sand and surf  in Hermosa Beach contact Charlemagne Int'l Properties 310.493.8333 or ToeringandTeam@gmail.com.

Hermosa Beach Townhomes for Sale:

Beach Cities Luxury Townhouses--Manhattan Beach CA

Southern California coastal dirt is super expensive in and around Los Angeles, and many builders will opt to build a duplex or townhouses if local zoning laws permit multiple homes on a lot. It's not surprising the price for coastal townhouses is pushing these properties into the luxury category of homes priced over $2,000,000.

Here's a snapshot of luxury townhouse sales and listings in Manhattan Beach 2014 YTD.
24 Manhattan Beach luxury townhouses sold YTD.  $12.5M was the priciest sale.  The townhome was located on The Strand.
5 MB luxury townhouses are currently in escrow with accepted offers.
1, yes only one, Manhattan Beach luxury townhome is currently listed for sale.

Manhattan Beach luxury townhomes do not remain on the market long, especially if they are located close to the beach with a view of the water.

For more information on Manhattan Beach luxury townhouses contact Charlemagne Int'l Properties at 310.493.8333 or ToeringandTeam@gmail.com.

Manhattan Beach Luxury Townhomes for Sale:

Redondo Beach Luxury Homes Sales November 2014

Redondo Beach posted two luxury home sales priced over $2,000,000 for the month of October 2014. Both high-end properties were located on Paseo De La Playa.  One was in need of updating but was located on the bluff with the Pacific Ocean, sand and surf unobstructed view.  The other home was newer construction but located across the street with smaller views.

There are currently five Redondo Beach luxury homes in escrow with accepted offers.

Six Redondo Beach properties priced over $2,000,000 are currently for sale, and range in price from $2,200,000 up to $13,000,000.

These market snapshots are intended for both buyers who want to become familiar with prices in their neighborhoods of choice, and seller who want to keep tabs on their local real estate market.  For more detailed information on the Redondo Beach luxury home market contact Charlemagne International Properties at 310.493.8333 or ToeringandTeam@gmail.com.

Redondo Beach Luxury Homes for Sale:

Hermosa Beach Luxury Homes--November 2014

Hermosa Beach is a little beach town with some big real estate sales!  Sandwiched between much larger Redondo Beach and Manhattan Beach, this coastal village holds its own when it comes to luxury homes.

Although only one Hermosa Beach luxury single family home sold during October 2014 there are five properties priced over two million dollars in escrow with accepted offers.  11 Hermosa Beach luxury homes are currently for sale ranging in price from $2.5M to $16M for a property located on The Strand.

For more information about selling or buying a Hermosa Beach luxury property contact Norma Toering at 310.493.8333 or email at ToeringandTeam@gmail.com.

Luxury homes for sale in Hermosa Beach CA:

Manhattan Beach Luxury Home Market Report--Nov 2014

Luxury home sales in Manhattan Beach, California are much like sunshine and ocean waves in this upscale coastal town located in the South Bay of Los Angeles--they are something you can count on happening day after day and month after month. Here's a snapshot of what happened during October 2014 in the Manhattan Beach luxury home market.

  17 Manhattan Beach luxury homes priced over $2,000,000 sold during October 2014. A Sand Section property, just steps from The Strand, topped the price chart for October by selling for $4,725,000. The property sold for a tad over $1300 a sq. ft. and was located on a 2,698 sq. ft. lot. Manhattan Beach dirt is super expensive especially when it is that close to the sand of The Strand.

26 Manhattan Beach luxury homes are in escrow with accepted offers.
27 Manhattan Beach luxury homes priced over $2,000,000 are currently for sale.

For more information on Manhattan Beach luxury homes call Charlemagne Int'l Properties at 310.493.8333 or contact us at ToeringandTeam@gmail.com.

Manhattan Beach Luxury Homes for Sale:

Redondo Beach Luxury Home Market Report--June 2014

Redondo Beach is gaining ground on the neighboring Beach Cities of Manhattan and Hermosa in the luxury home department. May 2014 statistics show there are currently seven luxury homes for sale (including condos and townhouses) priced over $2,000,000. Three Redondo Beach luxury homes are in escrow with accepted offers, and one luxury residence, a condo, sold in May. The 3-bedroom condo sold for $2,200,000 and was located on the Esplanade.

For more information about luxury homes in Redondo Beach and the South Bay area of Los Angeles contact Norma or Josh at Charlemagne International Properties.

Luxury homes for sale in Redondo Beach CA:

Hermosa Beach Luxury Home Market Update--June 2014

Hermosa Beach currently has 8 single family luxury homes for sale priced over $2,000,000. There are currently no luxury homes in escrow with accepted offers. One luxury home sold during May 2014 for $4,400,000. The 5-bedroom, 5-bath Sand Section residence was on the market for 54 days.

For more information about luxury homes located in the South Bay of Los Angeles contact Norma or Josh at Charlemagne International Properties.

We'd be honored to be your agent when time to sell your Palos Verdes luxury home.

Hermosa Beach luxury homes for sale (priced over $2,000,000):

Manhattan Beach Luxury Home Market Update--April 2014

Manhattan Beach in California.

Nine Manhattan Beach luxury properties priced over $2,000,000 closed escrow during March 2014. The most expensive sale was $12,500,000 for a double lot with two 3-bedroom condominiums on the property.

Manhattan Beach luxury pending sales as of April 1, 2014: 23
Manhattan Beach luxury homes currently for sale priced at or over $2,000,000: 21

 If you're in the market to purchase a Manhattan Beach luxury home, it would be our pleasure to help you achieve your real estate goal of owning property in one of Southern California's most sought after coastal areas.

 - Norma Toering, Broker-Owner of Charlemagne Int'l Properties
 (310) 493-8333

 Luxury homes for sale in Manhattan Beach:

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Hermosa Beach Luxury Home Market Update--April 2014

Life with a front row seat to the beach.  The "Strand" in Hermosa Beach CA.

March was a slow month for Hermosa Beach luxury home sales. Only one sale was reported priced over $2,000,000.

•  Hermosa Beach luxury homes currently for sale: 8 
•  Hermosa Beach luxury homes currently in escrow with an accepted offer: 4 

 If you're in the market to purchase a luxury home in Hermosa Beach, with its sandy beaches, quaint shops and almost endless supply of sunshine, we would be happy to help you with your real estate goal.

 - Norma Toering, Broker-Owner of Charlemagne Int'l Properties
(310) 493-8333 or Email us

 Luxury Hermosa Beach homes for sale:

Redondo Beach Luxury Home Market Report--April 2014

Ocean breezes (and view) on this luxury townhome's upper balcony.

Redondo Beach posted no luxury home sales priced over $2,000,000 during the month of March 2014. There are currently six Redondo Beach properties for sale in the luxury price range and one Redondo Beach luxury home in escrow with an accepted offer.

If you're in the market to purchase a home in one of the Beach Cities of the South Bay of Los Angeles contact Norma or Josh at Charlemagne International Properties for a tour of our fabulous coastal cities of Redondo Beach, Hermosa Beach and Manhattan Beach. If your preference is for a home high in the hills of Palos Verdes, but still close to the beaches, we cover that area too.

There is a large and ever-changing supply of luxury homes for sale in the Beach Cities and Palos Verdes. The four cities on the Palos Verdes Peninsula (Palos Verdes Estates, Rolling Hills, Rancho Palos Verdes and Rolling Hills Estates) currently have 73 luxury homes for sale. Manhattan Beach offers 23, Hermosa Beach 8 and Redondo Beach 6.

With well over 100 luxury homes for sale over $2,000,000 and most of them offering view, location and many other amenities, there is certain to be a home that matches your wants and needs.

- Norma (310) 493-8333

Luxury Redondo Beach Homes for Sale:

Redondo Beach - Homes for Sale Near the Ocean

View from the upper sidewalk at the Esplande in Redondo today. - Josh

Yesterday was one of those perfect Southern California days with blue skies, sun shining and a gentle coastal wind wafting through the open doors of the new listings we previewed in Redondo Beach. First, there was a $2,299,000 townhouse on the Esplanade with a small, but inviting backyard. However, the showstopper attraction was the blue Pacific Ocean view from the main rooms of the house. The newer construction interiors were geared to beach living with hardwood floors and balconies to enjoy the coastal lifestyle.

The next Redondo Beach property was a couple blocks back from the ocean on Catalina Avenue, but the price was very enticing at $1,275,000 for newer construction, three bedrooms plus an offer, and within an easy stroll of the water. The tri-level home included a private yard and two-car garage.

Next we moved on to Hermosa Beach's Manhattan Avenue to view a townhouse with ocean view from the top floor's ample balcony. Priced at $1,569,500 and located near the heart of Hermosa's shopping and dining district the view townhouse offered style, view, location and four bedrooms.

If you're in the market to purchase a Redondo Beach property near the beach, call us at Charlemagne International Properties and we'll be happy to arrange a tour of homes near the water.

- Norma Toering, Broker
(310) 493-8333

Coastal homes in Redondo (& the Hollywood Riveria section of Torrance):

Redondo Beach Luxury Homes--Update February 2014

Redondo Beach recorded two luxury homes sales during the month of January 2014. The priciest sale ($3,850,000) was for a home on the Esplanade. There are currently no Redondo Beach luxury homes in escrow. There are four active luxury home listings in Redondo Beach which includes one condo and one luxury townhouse priced at or over $2,000,000.

If you would like to explore the options of luxury living in Redondo Beach Norma Toering and Team would be happy to arrange private tours at your convenience. Call 310.493.8333 for more information on Redondo Beach luxury homes.

Redondo Beach Luxury Homes: (See a list of the latest listings in Redondo.)

Hermosa Beach Luxury Homes--Update February 2014

January was a slow month for the Hermosa Beach luxury home market. No luxury home sales were recorded, and one luxury home priced over $2,000,000 is currently in escrow.

There are 8 Hermosa Beach luxury homes currently for sale. If you're interested in selling or buying a luxury home in Hermosa Beach, Norma Toering and Team would be honored to help you realize your real estate goals. Luxury inventory remains very limited in Hermosa Beach.

 - Norma (310) 493-8333

Homes for sale in Hermosa Beach:

Manhattan Beach Luxury Homes--Update February 2014

Manhattan Beach luxury home sales for the month of January totaled nine properties including townhouses. The most expensive sale was $3,950,000 for a single family home at 128 8th Street.

There are 14 Manhattan Beach luxury homes in escrow and only 8 Manhattan Beach luxury (priced over $2,000,000) for sale. The luxury market inventory is extremely limited with demand outpacing supply. If you are considering selling your Manhattan Beach luxury homes the numbers certainly indicated now is an excellent time to bring it on the market.

If you personal circumstances are in agreement, Norma Toering and Team welcome the opportunity to meet with to discuss the your expectations and current market conditions.  If you want to live the beach lifestyle and still be close to urban amenities Manhattan Beach may the perfect solution to your luxury housing needs. Call 310.493.8333 to arrange to tour the homes of your choice.

Manhattan Beach homes for sale - Contact Toering & Team

Manhattan Beach Luxury Homes for Sale:

Beach Cities Luxury Home Market Report--January 2014

Perhaps prospective luxury home buyers interested in the beach cities were making holiday and new year plans rather than purchasing homes as 2013 vanished from our calendars. Whatever the reason, luxury home sales priced over $2,000,000 dipped ever so slightly in December. 

December updates by city: 

•   Manhattan Beach: 8 Manhattan Beach homes priced over $2,000,000 sold in December. The most expensive sale was a walk street home on 19th Street with 4 bedrooms and 4.5 baths. The property was on the market 198 days and sale price was $4,700,000. There are currently 7 Manhattan Beach homes in escrow with accepted offers and 12 luxury homes for sale. 
• Hermosa Beach: There are currently 6 Hermosa Beach luxury homes priced over $2,000,000 for sale. MLS records show no sales or pending sales for the month of December. 
• Redondo Beach: Redondo Beach recorded one sale over $2,000,000 during December. The $2.9M property located in the Hollywood Riviera overlooked the Pacific Ocean from one of Hollywood Riviera's most prestigious streets. 

 - Norma (310) 493-8333

  Homes for sale in Manhattan Beach - Homes for sale in Hermosa Beach - Homes for sale in Redondo Beach 

Luxury Homes in the Beach Cities: