Redondo Beach Luxury Home Market Update--January 2015

Redondo Beach closed out the month of December 2014 with three single family luxury home sales above two million dollars.  There are currently no Redondo Beach luxury homes priced over $2,00,000 in escrow, and there are five Redondo Beach luxury homes for sale in the same price range.

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

Redondo Beach luxury homes for sale:

 

Hermosa Beach Luxury Home Market Report--January 2015

December 2014 was a slow month for luxury homes priced over $2,000,000 in Hermosa Beach, CA.  The coastal community, known as one of the beach cities in the South Bay of Los Angeles, posted one luxury single family home sale for December.

There are currently two single family Hermosa Beach luxury homes in escrow with accepted offers.
There are 10 Hermosa Beach luxury single family homes for sale with price tags exceeding $2,000,000.

For more information on luxury homes in the beach cities of Hermosa, Manhattan and Redondo contact Charlemagne Int'l Properties at ToeringandTeam@gmail.com.

Hermosa Beach luxury homes for sale:

 

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: