One of the things I love about living in the City of Angels is that it’s made up of a vast network of regions, neighborhoods, and cultures, all offering their own varied and unique experiences and flavors.
Compared to median sales price increases over the last four years in the Beach Cities of Manhattan & Hermosa Beach, Palos Verdes is a relative bargain. While sales prices in Palos Verdes Estates have increased a generous 19.57% since 2011, both Manhattan & Hermosa Beach median sale prices have increased over 44% in the same period.
Born and raised in Palos Verdes, Darin DeRenzis certainly knows his way when it comes to navigating the South Bay market. Working in collaboration with both The Edler Group and Sotheby’s International Realty, DeRenzis has gained a loyal following of clientele with his strong commitment to delivering the highest level of personal service.
With graduation come and gone and school officially out for summer, it’s time to pack up the car or van and hit the road to enjoy a little rest and relaxation with family and friends. Nowhere provides more options than the Golden State for varied geography and climate, natural beauty, miles of pristine beaches and rugged coastline or exhilarating man-made entertainment.
50% price appreciation in 4.5 years…not bad. If you live in Hermosa Beach, that’s exactly how much median sale prices have increased since 20111. Of particular note is the Sand Section, which includes the oceanfront Strand homes, up over 80% since 2011. The record sales price during this time frame is $15 million, which sold in December of last year.
We’re avowed foodies, and couldn’t be more excited about the wealth of new culinary options popping up on the Westside. With the abundance of new restaurants, gourmet markets, and prepared food options recently opened in the market, our biggest concern is not cooking, but curbing my enthusiasm to indulge in every whim, while keeping my waistline in check!
The Manhattan Beach real estate market continues to be one of the hottest in the nation, where median sales prices are up 44.33% from 2011. The Manhattan Heights / Liberty Village neighborhood leads all price appreciation with a 70.69% increase since 2011.
The Census Bureau released data this week that housing starts rose 20.2% from March to April, to a seasonally adjusted annual rate of 1.135 million. That’s 9.2% higher than a year ago and the biggest monthly jump since November 2007.
