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June 2016

Beach Cities Luxury Homes – June 2016

By |2021-07-21T07:45:13-07:00June 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 [...]

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May 2016

Zillow Values – We Love Them and We Hate Them

By |2021-07-21T07:45:14-07:00May 26th, 2016|Beach Cities, Front Page|

At Charlemagne Int'l Properties we have a love-hate relationship with Zillow.  We think it is wonderful homeowners can go to the site, type in their home address, and presto, they have the value of their property.  Or do they? We recently had a seller contact us, and he was in a jubilant mood due to Zillow's estimated value of his home.  He was ready to list it for sale until we gave him the real scoop on its value in today's market.  Zillow's price was about 25% above actual value. Zillow sometimes hits the value on the nose, [...]

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Palos Verdes Luxury / High-end Properties Sales Report–May 2016

By |2021-07-21T07:45:14-07:00May 14th, 2016|Beach Cities, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Luxury Homes|

Here's an interesting Palos Verdes real estate statistic that clearly indicates the direction the luxury home segment of the housing market is heading: Nearly 25% of all single-family homes listed for sale in Palos Verdes are priced at or above $3,000,000. 48 Single-family homes priced at or above $3,000,000 are currently listed for sale. 14 Palos Verdes luxury homes are in escrow with accepted offers. 17 Palos Verdes luxury properties have sold year-to-date. It's a savvy time to sell your Palos Verdes luxury home. For the first time in years, the Palos Verdes luxury home market is in a stronger [...]

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April 2016

Hermosa Beach Luxury Home Listings and Sales Update–April 2016

By |2021-07-21T07:45:14-07:00April 27th, 2016|Beach Cities, Hermosa Beach|

There are currently 16 Hermosa Beach residences, priced at or above $3,000,000, listed for sale. A property located on The Strand for $22, 900,000 snags the most expensive price tag. Four Hermosa Beach luxury homes are currently in escrow with accepted offers. Year-to-date four luxury properties in Hermosa Beach sold at or above the $3,000,000 price point. Based on the current rate of absorption, the coastal beach town has approximately a four month supply of homes for sale. Luxury Homes for Sale in Hermosa Beach: For more information on selling or buying a Hermosa Beach luxury home contact Charlemagne Int'l [...]

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Redondo Beach Luxury Home Report–April 2016

By |2021-07-21T07:45:14-07:00April 27th, 2016|Beach Cities|

Redondo Beach luxury properties trail behind those of its sister beach cities of Hermosa and Manhattan in both quantity and price, but Redondo luxury properties offer good value when compared to similar sales in the neighboring beach towns. The first quarter of 2016 shows one Redondo Beach luxury home sale priced at or above $3,000,000. Redondo Beach has seven luxury properties, both condos and single family homes, for sale. One Redondo Beach luxury condo is currently in escrow with an accepted offer. Redondo Beach Luxury Homes for Sale: For more information on selling or buying Redondo Beach luxury properties contact [...]

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Beach Cities Luxury Real Estate Report–Manhattan Beach April 2016

By |2021-07-21T07:45:24-07:00April 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 [...]

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January 2016

Boutique Hotels in Coastal Los Angeles

By |2021-07-21T07:45:25-07:00January 13th, 2016|Beach Cities, Palos Verdes|

  Cadillac Hotel - 401 Ocean Front Walk, Venice CA Beach front property in up and coming trendy location near Santa Monica.  45 units built in 1914 but has already been remodeled.  Last sold in 2008 for unknown price. Website - Map         Venice on the Beach Hotel - 2819 Ocean Front Walk, Venice CA On the beach location.  Ready for updating.  Built in 1948. (38 units?)  Last sold in 2004 for unknown price. Website - Map         Malibu Country Inn - 6506 Westward Beach Road, Malibu CA Close to Zuma Beach.  Restaurant on [...]

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Redondo Beach Luxury Listings and Sales Update–January 2016

By |2021-07-21T07:45:25-07:00January 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: [...]

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Hermosa Beach Luxury Listings and Sales Report–January 2016

By |2021-07-21T07:45:25-07:00January 12th, 2016|Beach Cities Luxury, Hermosa Beach, Hermosa Beach Luxury Homes|

Six Hermosa Beach luxury homes priced over $3,000,000 sold during the fourth quarter of 2015.  Five of the luxury properties were single family residences, one was a townhouse.  The properties were all located in the Sand Section of Hermosa Beach. Two Hermosa Beach luxury homes priced at or above $3,000,000 are currently in escrow with accepted offers. If you're in the market to purchase a Hermosa Beach luxury home there are currently ten luxury residences listed for sale in the over $3,000,000 price range.  If you're considering selling a Hermosa Beach luxury property being familiar with current listings and recent [...]

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Manhattan Beach Luxury Home Listings and Sales Report–January 2016

By |2021-07-21T07:45:25-07:00January 4th, 2016|Beach Cities, Beach Cities Luxury, Buyer Tip|

  Happy New Year!  Whether you're planning to sell or buy a Manhattan Beach luxury home in 2016, or planning to stay right where you are, this snapshot of the local real estate market will let you see what is happing in the luxury market with one quick glance.     The Manhattan Beach luxury blog post updates will move to a quarterly report, but keep in mind our maps are "live" and by revisiting this informative post you can review the latest sales and newest listings in your neighborhood.  It's a feature we purchase for our clients and readers [...]

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