Spring listing season is here — look for inventory to heat up in the next sixty days. As of press time, there are 328 active Single Family homes on the market in the cities of Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, and Rolling Hills Estates. Additionally, a total of 266 Single Family homes have sold in the first quarter of 2012 for the same cities.
Looking at the available inventory of homes for sale in the South Bay reveals some interesting trends and begs the question — where’s the inventory? For instance, the total number of available Single Family Homes for sale as of March 19th in the cities of Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills & Rolling Hills Estates is only 331, compared to 939 this time last year. In other words, there are 608 less homes available for sale this March vs. last March 2011!
This issue’s front cover home is a stunning French Riviera Style custom home in the heart of the Hill Section in Manhattan Beach. Offered by Ed Kaminsky, ITZ Sold, Shorewood Realtors. In this issue’s feature SWEET DIGS — “Mission Project: Restoring a Spanish Colonial Revival,” we check out a one-of-a-kind Spanish Colonial in Palos Verdes Estates.
This issue’s front cover home is a gorgeous walk-street home that’s about 540 feet to the beach in Manhattan Beach Sand Section. Offered by Lauren Forbes & John Corrales, Coldwell Banker International, & Albert Lee, Gibson International.
In this issue we Spotlight Manhattan Beach and deep dive the local real estate scene. This issue’s front cover home is a one-of-a-kind oceanfront masterpiece on the exclusive beach of Marina Del Rey. This quaint beach side community just South of Venice is a private oasis and this homes gets top billing! Offered by Matt Pernice, NW Real Estate Brokers.
This issue’s front cover home is a dreamy Ocean Front Villa on the Esplanade in Redondo Beach,
perched high on the bluff and overlooking the Pacific Ocean from Catalina to Malibu. Offered by
John Corrales & Lauren Forbes, Coldwell Banker International.
This issue’s front cover home offers a once in a lifetime opportunity to own a prime 4700 sq. ft. estate on a huge 1.13-acre mostly usable lot with unsurpassed panoramic ocean view. Offered by Raju Chhabria, Shorewood Realtors.
In only our first year of existence, South Bay Digs has become the largest real estate magazine and media platform in the South Bay and this issue is our biggest and best ever! Our vision and mission is to build an innovative, multi-channel, targeted audience, and market leading real estate focused media platform that is hyper local to the South Bay.
As we close in on the end of the year there are about 445 active single family residences for sale in the Beach Cities of Manhattan Beach, Hermosa Beach, Redondo Beach and the Palos Verdes Peninsula – a total of $935,244,598 in inventory available with an average list price of $2,101,673. (48% of the listings are listed over $2,000,000).
Local real estate is the common thread in the fabric of our South Bay community. Our homes help define who we are — an expression of how we live. It’s what we talk about. Our recent SWEET DIGS articles are a testament to the relationships people have with their homes and the community. There’s really an endless supply of cool and interesting homes here, each with its own distinct personality and style.
Can you believe it…this issue marks our one year anniversary for South Bay Digs magazine! I’m truly humbled and honored with the progress we have made and the support we have received in the community. I want to personally thank all of our clients and let you know how deeply I value our business partnerships.
This issue’s front cover is one of the most magnificent homes in the South Bay – a Palladian inspired Italian Villa with panoramic ocean views and it’s own vineyard, offered by Raju Chhabria, Shorewood Realtors. Plus a Market Overview of Local Real Estate Statistics in Hermosa Beach, Manhattan Beach, & Redondo Beach.
