Real estate and homes for sale in the South Bay

Homes in the Beach Cities and South Bay

Beachfront Homes on the Hermosa Beach Strand

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Ahhh the good life.  It doesn’t get any better than this…..The epitome of luxury beach living on the world famous Strand in Hermosa Beach. Beachfront homes for sale on the Hermosa Beach Strand This is truly Hermosa Beach’s premier address with spectacular beachfront homes with unblockable views.   Homes on the market range from lot value “tear down” properties, to new construction luxury homes that takes full advantage of the location and offer a the very best in beach living.  See also homes on the Manhattan Beach Strand or South Bay oceanfront homes for sale.

One of the more unique opportunities to live beachfront is at the “condo hotel” called The Beach House at 1300 The Strand in Hermosa.

If you’re interested in knowing about beachfront Strand listings just tell us about your ideal home and we’ll send you FREE customized new listing email alerts!

Current Beach Front homes for sale on the Hermosa Strand

Golf Courses in Palos Verdes

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If golf is your thing, there are some great golf courses on the Palos Verdes Peninsula. Here’s a list of some of the top courses in the area. The

golfing in PV is fantastic with ocean view courses, incredible views and challenging holes. If you want to make PV a full time thing, visit the current Palos Verdes homes for sale to find your next home.

Trump National Golf Club Los Angeles
1 Trump National Dr
Rancho Palos Verdes, CA 90275

Rolling Hills Country Club
1 Chandler Ranch Rd.
Rolling Hills Estate, CA 90274

The Links at Terranea
100 Terranea Way
Rancho Palos Verdes, CA 90275

Palos Verdes Golf Club
3301 Via Campesina Dr
Palos Verdes Estates, CA 90274

Golfing in Palos Verdes

Redondo Beach Real Estate Market Update – Trends and Statistics

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Welcome to Redondo Beach real estate trends and market statistics for this wonderful coastal community in the South Bay.  We hope that the information below is helpful, whether you are considering buying a home in Redondo, or selling your property in North or South Redondo.

Click here to see detailed reports for:

Active Homes on the Market,  Pending Escrows, and Sold Redondo Beach Homes – Top

See also the current homes for sale in Redondo Beach

Average Price Per Square Foot- Top

Average Days on Market and List Price – Top

Average Sold Prices Compared with Average List Prices – Top

Median Home Prices (all types) – Top

Months of Inventory based on closed sales – Top

Manhattan Beach Market Update – Current Stats and Statistics

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Whether you are considering buying a home in Manhattan Beach, selling your home or just interested in keeping up with the market, information is critical.  We have helpful information and charts to show you what the market is doing and whether it’s a buyer’s market, seller’s market or somewhere in between the two.

View the current homes for sale in Manhattan Beach

See the information to see how many homes are on the market and selling compared with past months, how close sales prices are to list prices, the average days on market and more.  As of 11/21/19 – October 2019 is a neutral market

Home For Sale in October 2019: 101 units.

• Down 22.9% compared to last month
• Down 4.7% compared to last year

Home Closed in October 2019: 23 units.

• Up 4.5% compared to last month
• Down 32.4% compared to last year

Home Placed under Contract in October 2019: 51 units.

• Up 88.9% compared to last month
• Up 75.9% compared to last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales

Current number of homes for sale as well as pending home sales and recent sales

 

About the For Sale vs. Sold Report

  • For Sale numbers are the snapshot of the number of property for sale at the end of the month.
  • Pended numbers represent the number of properties that went into the “pending” status for that month.
  • New Listing numbers represent the number of properties that are new listed for that month.
  • Sold numbers represent the number of properties that are sold for that month.

What Does For Sale vs. Sold Report Do?

  • It helps determine the trend of market supply and demand.
  • It helps determine whether the current market is a seller or buyer market.
  • It helps determine the minimum length of the listing period.
  • It helps identify which price range the majority of the properties are in, within a given area.
  • It helps focus on where the buyer’s activities are and the market condition in those areas.

How to Use For Sale vs. Sold Report?

  • Use with Average Price Per Sqft Report to set competitive listing price.
  • Use current inventory level to determine market condition. The current inventory level is derived by dividing the monthly listing number by the monthly sold number which is shown in Months of Inventory graph. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.
  • A download trend of listing inventory and an upward trend of the number of properties sold indicates the seller is in a better negotiating position.
  • An upward trend of listing inventory and a downward trend of the number of properties sold indicates the buyer is in a better negotiating position.

You Should Know

  • The properties sold figures are derived from recorded transactions.
  • Current monthly sold figures might be adjusted upward on the next month’s report. This is to account for any closed transactions that are reported late.

Average Price Per Square Foot in Manhattan Beach

(keep in mind that this is often not the best determinant of value due to proximity to the beach, age, views, etc.

Days on Market (columns) and % of list price homes sold at

Average Home Price For Sale V Sold

Months of Inventory

Dealing With Home Inspection and Repair Challenges During Escrow

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One of the more treacherous parts of an escrow is the home inspection and request for repairs.  Often times the buyer thinks that the home inspection is a “checklist” of what needs to be fixed while the seller either thinks their home is perfect or “it was just fine for us so why does the buyer need things that work fine upgraded or repaired”.  Finding middle ground isn’t always easy but a good realtor can help address some of the challenges before they even come up and help manage expectations as how to get through a very challenging situation.

As the chart below shows, 80% of home inspection reports show at least something needing to be fixed.  In our opinion that’s even on the low side….in our experience there are always issues.  We always recommend to both our buyers and sellers to be reasonable.  On the buyer side stick to actual problems or repairs.  If it’s an issue that the buyer will have to immediately pay for to have repaired…it’s a reasonable request.  The biggest challenge items are either those called out as not up to “current “code, or items towards the end of their service life.  Buyers need to understand that the statement “not up to current building code” does not mean it’s necessarily problematic.  Codes change all of the time and unless it’s a clear safety issue, it’s usually best to stick with actual repairs.  Items at the end of their service life really depend on the item, the cost and how extensive the rest of the repair list.  We’ve found that asking for everything usually ends with the seller dismissing any repairs….even the reasonable ones.

Home inspection challenges infographic

Keith Kyle is a top producing realtor and Torrance real estate specialist with Vista Sotheby’s International Realty in the South Bay.  Contact Keith for more information on how the home inspection and escrow process works in Torrance real estate.

Why Hollyglen in Hawthorne is Such a Great Neighborhood

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One of our favorite South Bay neighborhoods is still somewhat of a secret. When you mention Hollyglen to most South Bay residents theySanta Monica homes may not have ever heard of this little pocket in Hawthorne.  Located west of the 405 Freeway, north of Rosecrans, east of Aviation and south of El Segundo Blve,  Hollyglen is a little community with a real neighborhood feel.  Consisting primarily of  homes built in the 40s and 50s, many of the single level homes have been extensively remodeled and sit on charming tree lined streets.  Here are 7 of the reasons we love this Hollyglen:

  • Community feel:  Hollyglen really feels like a neighborhood.  This is a part of the South Bay in which neighbors seem to know each other and there are usually people out walking their dogs and seem happy to live there.
  • Pride of ownership:  It isn’t hard to see that owners love their homes and love their neighborhood.  As there are few “mcmansion” type properties the homes fit the lots making for beautiful front yards and lawns, and great curb appeal.
  • Awaard winning schools:  The area is in the Wiseburn School District.  This charter school district offers two award winning elementary schools, a great middle school and the Wiseburn High School is soon to be completed.
  • Better for  commuters:  The “South Bay” is an area that generally ranges from Hawthorne and El Segundo all the way to San Pedro.  This can add a tremendous amount of time for commuters that are coming from Palos Verdes, Torrance and Redondo.  Homes in Hollyglen can cut off 30 minutes or more of a commute….each way!  In addition commuters from Hollyglen have numerous options from very close freeway access, to Aviation, to taking the coast.  If you work in LA or the West Side….Hollyglen may be an option for you.
  • Home prices:  While prices have risen quickly in the past few years (the Hollyglen secret it out!) it’s still far more affordable than El Segundo or Redondo Beach.  See the current Hollyglen homes for sale.
  • Proximity to the beach.  Hollyglen is just north east of Manhattan Beach and east of El Segundo.  It is less than three miles from the beach!
  • Variety of homes:  While the bulk of Hollyglen consists of single story homes, there are other unique areas.  The gated communities of 360 South Bay and Fusion South Bay are both located in Hollyglen.
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