April 2016

Beach Cities Luxury Real Estate Report–Manhattan Beach April 2016

By | April 19th, 2016|Beach Cities, Beach Cities Luxury, Manhattan Beach, Manhattan Beach Luxury Homes|

There's no doubt about it, Manhattan Beach has an abundant supply of luxury homes for sale priced at or above $3,000,000. Today's Multiple Listing Service reports there are 44 residences for sale in Manhattan Beach in the luxury price range. The highest priced single family home currently for sale in Manhattan Beach is listed at $26,500,000 and is located on The Strand. Inventory in the luxury category is on the increase in Manhattan Beach as well as the prices of homes in this coveted beach locale. There are currently 15 Manhattan Beach luxury homes in escrow with accepted offers. The [...]

November 2015

Manhattan Beach CA Luxury Listings and Sales–November 2015

By | November 13th, 2015|Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Manhattan Beach, Manhattan Beach Luxury Homes|

Nine luxury homes priced at or above $3,000,000 sold during the month of October 2015 in Manhattan Beach.  Seven of those properties were located in the Sand Section. Nine Manhattan Beach luxury homes in the three million dollar and up price range are in escrow with accepted offers. 37 Manhattan Beach luxury residences are currently for sale in the $3,000,000+ price range. The Manhattan Beach luxury home market is moving toward a more neutral zone favoring neither sellers nor buyers--a neutral market is a stable market and that's good for sellers as well as buyers. For more information on the [...]

October 2015

Manhattan Beach Luxury Listings and Sales–October 2015

By | October 15th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Los Angeles, Manhattan Beach, Manhattan Beach Luxury Homes|

Here's an update on luxury homes priced at or above $3,000,000 in Manhattan Beach, CA.   3 Manhattan Beach luxury homes sold during September 2015.  All three were single family detached homes. 8 Manhattan Beach luxury homes are in escrow with accepted offers. 43 Manhattan Beach luxury homes are currently for sale. The luxury market in Manhattan Beach has cooled in recent months.  A quick glance at the available inventory and absorption rate reveal a five month supply of homes.  This moves the luxury home market in Manhattan Beach into neutral territory after several years of being firmly entrenched in [...]

August 2015

Manhattan Beach Luxury Home Listings and Sales Report–August 2015

By | August 23rd, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Manhattan Beach, Manhattan Beach Luxury Homes, Sand Section, Seller Tip|

The Manhattan Beach luxury home inventory increased slightly in the $3,000,000 and up price range.  To review last month's Manhattan Beach real estate statistics go here. There were six sales at or over $3,000,000 during July 2015. 11 Manhattan Beach luxury residences in the price range are in escrow with accepted offers. 30 Manhattan Beach luxury properties are for sale. Need to know the value of your property? Contact Norma Toering and Josh Toering at ToeringandTeam@gmail.com.     For more information on the Manhattan Beach luxury market contact Charlemagne Int'l Properties at Norma@CharlemangeProperties or 310.493.8333.

July 2015

Manhattan Beach Luxury Home Market Update–July 2015

By | July 12th, 2015|Beach Cities, Beach Cities Luxury, Lifestyle in the Beach Cities, Los Angeles Luxury Homes, Manhattan Beach, Manhattan Beach Luxury Homes, Sand Section, Tree Section|

Our market indicators point to a minute cooling off of luxury home sales in Manhattan Beach as we reach the halfway point of 2015.  There's a slight increase in inventory and a dip in number of sales recorded on the local MLS.  Although the market is still firmly planted in seller territory when it comes to who the market favors, there are still several positive indicators for buyers especially if they are obtaining financing for their luxury home purchase.  Interest rates are still very good and as homes accumulate a growing number of days on market the playing field shared [...]

June 2015

Redefining Palos Verdes and Beach Cities Luxury Home Prices

By | June 22nd, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Manhattan Beach Luxury Homes, Palos Verdes Luxury Homes, Palos Verdes View Homes, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates|

For the past eight years I've defined luxury homes in the local real estate market by one primary criteria--price.  When I began my local real estate blog, Palos Verdes Lifestyle, in 2007 the dividing line was rather arbitrarily drawn at $2,000,000 as the defining value marker.   The definition of luxury homes in the local real estate market remained stable during the real estate recession years and throughout the equity gain-back years.  The price criteria of luxury homes often falls into sub-categories that included coastal location with view, larger than average sq. ft. and superior condition. The rise in real [...]

Manhattan Beach Luxury Home Market Update–June 2015

By | June 8th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Manhattan Beach, Manhattan Beach Luxury Homes, Sand Section, Tree Section|

I'm a bit late in getting this market report out, but last week was graduation week and there were several ceremonies to attend along with celebratory dinners to recognize several new graduates in the family.  We added a political science major, a registered nurse, a Princeton bound high school grad and an 8th grade grad who was recognized for both his academic and athletic prowess.  It was a wonderful week on the family scene, but let's move on to real estate. Here's your June update for the Manhattan Beach luxury home market: 22 Manhattan Beach luxury homes priced over $2,000,000 [...]

April 2015

Manhattan Beach Luxury Home Report–May 2015

By | April 30th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Los Angeles Luxury Homes, Manhattan Beach, Manhattan Beach Luxury Homes, Seller Tip|

Here's your luxury home update for coastal properties in Manhattan Beach, CA for the month of April 2015: 13 Manhattan Beach luxury residences priced over $2,000,000 sold in April.  Five were townhouses, the remaining were single family homes. The Strand address once again took top price honors with the sale of an El Porto beach front property for $6,475,000.   To receive detailed updates of what's on the market and what's selling in your neighborhood send us your email address with a request to add you to our e-newsletter.  You'll find interactive "live" maps with the skinny on what's happening [...]

Beach Cities Luxury Home Report–1st Quarter 2015

By | April 29th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Hermosa Beach, Los Angeles Luxury Homes, Manhattan Beach, Manhattan Beach Luxury Homes, Redondo Beach, Seller Tip|

The South Bay of Los Angeles is home to Manhattan Beach, Hermosa Beach and Redondo Beach, collectively known as the Beach Cities.  If you're following Pacific Coast Highway down the California coast Manhattan Beach is the first city of the trio of South Bay beach towns you will encounter.  Due to its close proximity to LAX  and other urban amenities of Los Angeles, its location demands a hefty price since Manhattan Beach enjoys all the benefits of living in a beach town as well as the convenience of being close to airports, cultural events, world class shopping and dining. The luxury [...]

March 2015

Manhattan Beach Luxury Home Market Report–March 2015

By | March 9th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Favorite Photos - Beach Cities, Lifestyle in the Beach Cities, Manhattan Beach, Manhattan Beach Luxury Homes, Seller Tip|

For this report on Manhattan Beach, CA, luxury homes will be defined as any residential property (single family, townhouse or condo) priced at or above $2,000,000. Eight Manhattan Beach luxury single family homes sold during February 2015.  There are currently 17 Manhattan Beach luxury homes in escrow with accepted offers and 29 Manhattan Beach single family luxury homes are for sale. One Manhattan Beach luxury townhouse sold during February and five are in escrow with accepted offers.  There are currently four Manhattan Beach luxury townhouses for sale. For more information about selling or buying luxury properties in Manhattan Beach contact [...]