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: