March 2017

Beach Cities of the South Bay of Los Angeles Update

By | March 6th, 2017|Beach Cities, Beach Cities Luxury, Hermosa Beach, Manhattan Beach, Redondo Beach|

I was browsing about on Zillow for a luxury home in Manhattan Beach for one of my clients. I was surprised to see Zillow is predicting a small increase in value for the area in 2017.  On the other hand, property in the Beach Cities of the South Bay of Los Angeles has enjoyed a phenomenal surge in value since the housing market recovered from the recession years of 2008-2010. I'm happy to see the market taking a breather and not advancing toward a bubble; bubbles burst. 86 Manhattan Beach luxury homes priced at or above $3,000,000 sold during 2016. [...]

November 2016

Beach Cities Residential Income Property Report–November 2016

By | November 17th, 2016|Beach Cities, Front Page, Hermosa Beach, Income Property, Manhattan Beach, Redondo Beach|

The South Bay of Los Angeles is popular with landlords for a variety of reasons; perhaps the top one being real estate prices are high, and that supports an ever-growing pool of renters.  The Beach Cities of Redondo, Hermosa and Manhattan are prime coastal locations for residential income properties. It's a lifestyle many aspire to and although the purchase prices are high there are a surprising number of rentals available near the beach.     Let's begin with a market update for Redondo Beach's residential income properties: 8 Residential income properties are currently for sale in Redondo Beach. 6 Redondo [...]

June 2016

Redondo Beach Townhomes for Sale

By | June 18th, 2016|Beach Cities, Redondo Beach|

  The beach, the sunny Southern California weather, and the laid back lifestyle have made Redondo one of the most popular cities in the South Bay.  In recent years Redondo home prices have started to climb rapidly as buyers from the other beach cities, Hermosa & Manhattan Beach, have looked for other options. Redondo has also been more friendly to increased housing density, so many older 1920's to 1950's homes have been replaced with 2-3 townhome build-outs on the same lot in the 1990's through 2010's.  These mini developments offer spacious multi-level living, attached garages & usually an outdoor patio [...]

Beach Cities Luxury Homes – June 2016

By | June 2nd, 2016|Beach Cities, Beach Cities Luxury, Hermosa Beach, Manhattan Beach, Redondo Beach|

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 [...]

January 2016

Redondo Beach Luxury Listings and Sales Update–January 2016

By | January 12th, 2016|Beach Cities Luxury, Redondo Beach|

Charlemagne Int'l Properties' Beach Cities market reports will move to a quarterly reporting system.  However, our maps are "live" and are updated with new listings and sales on an ongoing basis.  As a reader, you will always have up to the minute market statistics at your fingertips simply by visiting this post and clicking on the various property categories of sold or active listings.  If you desire more detailed information about a particular property you may always contact us and we will provide additional information. The fourth quarter of 2015 yielded the following luxury home statistics for Redondo Beach, California: [...]

November 2015

Redondo Beach CA Luxury Listings and Sales–November 2015

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

Redondo Beach, California is one of the three beach towns in the South Bay of Los Angeles commonly referred to as "The Beach Cities."  The coastal location offers many residences with stunning ocean views.  The ability to walk out your door and feel the sand beneath your toes is a reality for many Redondo Beach residents.  The pull of living the coastal lifestyle attracts many buyers to the area. When it comes to luxury homes in Redondo Beach most are located in the coastal zone close to the water.  There are currently seven Redondo Beach luxury homes priced at or [...]

October 2015

Redondo Beach Luxury Listings and Sales–October 2015

By | October 17th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Redondo Beach|

The "feel" on the street by those of us working in the real estate field on a daily basis is the market is slowing down and losing a bit of steam after three strong comeback years.  The results of my research on recent activity in the Redondo Beach, CA luxury home market supports and converts the feeling into fact. There are currently three Redondo Beach luxury homes priced at or over $3,000,000 for sale.  There are no Redondo Beach high-end luxury homes currently in escrow and no closed sales in the over $3M price range for the month of September. [...]

Redondo Beach Luxury Listings and Sales–September 2015

By | October 2nd, 2015|Beach Cities, Beach Cities Luxury, Redondo Beach|

I recently read the California housing market slowed during the month of August 2015. The reason was attributed to the volatility of the stock market and other global happenings. On a more local level I've always attributed the "August decline" to vacations, back-to-school preparations and the last few weeks of the lazy days of summer. Who really wants to traipse through houses during the hottest days of the year? Personal reasons play an important role in when people decide to sell or purchase real estate. Let's check how Redondo Beach luxury residences ($3,000,000+) survived August 2015: 1 Redondo Beach luxury [...]

September 2015

Redondo Beach Luxury Listings and Sales–August 2015

By | September 5th, 2015|Beach Cities Luxury, Redondo Beach|

Luxury is a word that means different things to different people.  For real estate purposes, luxury will indicate those properties priced at or above $3,000,000.  The value of a property is determined by its location, quality, amenities and size.  Having a coastal location, a mesmerizing ocean view, luxury amenities and top-quality construction certainly adds to the value and contributes to making the property worth the price to prospective buyers. Let's check out the Redondo Beach luxury real estate scene as summer wanes and autumn approaches with its subtle shift to shorter days and cooler nights. July 2015 luxury listings and [...]

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 [...]