Golden Fonoi Luxury Real Estate

Manhattan Beach Properties Current Market Overview:

Manhattan Beach has 63 active listings, and 29 properties are in Escrow. There were 35 closed sales in August; Zero Properties sold for under 1 million and 29 for over 2 million. The average selling price in Manhattan Beach Properties was $4,647,000. Manhattan Beach has 3.4 months of available inventory. The homes sold this month at an average sq/ft price of $1797. This month's highest-priced home sold was $14.5 million on 31st and The Strand. The median sales price for Manhattan Beach, CA 90266, is $3 Million.

Hermosa Beach Properties Current Market Overview:

The Hermosa Beach real estate market has 29 Active listings, and 27 homes are in Escrow. There were 11 closed sales in August, and one sold for under 1 million. Hermosa has about 3.4 months of inventory. The average sold price in Hermosa Beach in August has increased from last month to $2,805,000. The homes sold this month at an average sq/ft price of $1480. Buyers negotiated a 6% discount off the original listing price. The highest-priced home sold on 34th and The Strand for $7,800,000. The median sales price for Hermosa Beach, CA 90254, is $2,450,000.

Manhattan Beach Properties Current Market Overview:

Manhattan Beach has 57 active listings, and 37 properties are in Escrow. There were 20 closed sales in July; Zero Properties sold for under 1 million and 11 for over 2 million. The average selling price in Manhattan Beach Properties was $3,081,000. Manhattan Beach has 3.7 months of available inventory. The homes sold this month at an average sq/ft price of $1473. This month's highest-priced home sold was $8.8 million on 17th St. The median sales price for Manhattan Beach, CA 90266, is $2.6 Million.

Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 40 Active listings, and 18 homes are in Escrow. There were 13 closed sales in July, and one sold for under 1 million. Hermosa has about 3.9 months of inventory. The average sold price in Hermosa Beach in July has decreased from last month to $2,711,000. The homes sold this month at an average sq/ft price of $1378. Buyers negotiated a 2% discount off the original listing price. The highest-priced home sold on 31st for $5,450,000. The median sales price for Hermosa Beach, CA 90254, is $2,100,000.

Manhattan Beach Properties Current Market Overview:

Manhattan Beach has 59 active listings, and 30 properties are in Escrow. There were 28 closed sales in June; Zero Properties sold for under 1 million and 21 for over 2 million. The average selling price in Manhattan Beach Properties was $3,646,000. Manhattan Beach has 3.3 months of available inventory. The homes sold this month at an average sq/ft price of $1332. This month's highest-priced home sold was $11.2 million on The Strand at 34th St. The median sales price for Manhattan Beach, CA 90266, is $2.9 Million.

Hermosa Beach Properties Current Market Overview:

The Hermosa Beach real estate market, has 37 Active listings, and 17 homes are in Escrow. There were 18 closed sales in June, and zero sold for under 1 million. Hermosa has about 3.2 months of inventory. The average sold price in Hermosa Beach in June has decreased from last month to $3,498,000. The homes sold this month at an average sq/ft price of $1570. Buyers negotiated a 1% discount off the original listing price. The highest-priced home sold on 18th The Strand for $14,250,000. The median sales price for Hermosa Beach, CA 90254, is $2,380,000.

Do you want to get the most money for your home, start with Curb Appeal?

When it comes to selling a property, first impressions are everything. That's why it's essential to have great curb appeal. Potential buyers will make their decision within the first few seconds of arriving at your property, so you want to make sure that their first impression is a good one. Here are some tips for increasing your property's curb appeal.
Keep the lawn tidy and well-maintained!
The lawn is the first thing people see when they arrive at your property. Make sure that it's mowed, edged, and free of weeds. If you have a garden, make sure that it's well-maintained and colorful. A tidy and well-maintained lawn will give the impression that the property is well-cared for, and potential tenants will appreciate that.
Keep the exterior clean-
The exterior of the property should be clean and free of dirt, grime, and cobwebs. Pressure washing the exterior and sidewalk can make a big difference. If you have siding, make sure that it's free of mold and mildew. Clean windows will also make a difference, and adding some potted plants or flowers to the front porch or entrance will give it a welcoming feel.
Ensure the property is well-lit
Having proper lighting can increase the security and safety of your property, but it also adds to the curb appeal. Consider adding some pathway lighting, porch lights, and landscape lighting. This will make the property more inviting and welcoming.
Add some decorative features-
Adding some decorative features to the front of the property can make a big difference. Consider adding a new mailbox, house numbers, or a door knocker. You could also add a new coat of paint to the front door or add shutters to the windows.
Keep up with maintenance-
Maintaining your property is key to keeping it looking good. Regularly inspect the property for any repairs that need to be made. Fix any cracks in the driveway or sidewalk and replace any missing roof tiles or shingles. Keeping up with maintenance will prevent the property from looking run-down and increase its overall appeal.

Realtor.com has changed its forecast for the second half of 2023.

Realtor.com Revises Housing Forecast for Second Half of 2023 Realtor.com has updated its housing forecast for the second half of the year, with predictions for a less onerous mortgage rate level and fewer home sales.   The revised forecast points to mortgage rates averaging 6.4% throughout the year before sliding to 6.1% by year’s end. This is lower than i...

Rhianna is a great singer and she makes good real estate investments.

Rihanna Lists Beverly Hills Property for $10.5 Million The half-acre property features a 5,100-square-foot mansion built in 1939 that includes four bedrooms and five bathrooms.

Manhattan Beach Properties Current Market Overview:

Manhattan Beach has 58 active listings, and 31 properties are in Escrow. There were 25 closed sales in May; Zero Properties sold for under 1 million and 20 for over 2 million. The average selling price in Manhattan Beach Properties was $3,643,000. Manhattan Beach has 3.2 months of available inventory. The homes sold this month at an average sq/ft price of $1270. This month's highest-priced home sold was $10.5 million on John Street. The median sales price for Manhattan Beach, CA 90266, is $2.825 Million.

Hermosa Beach Properties Current Market Overview:

The Hermosa Beach real estate market has 37 Active listings, and 16 homes are in Escrow. There were 15 closed sales in May, and zero sold for under 1 million. Hermosa has about 3.3 months of inventory. The average sold price in Hermosa Beach in May has increased from last month to $5,024,000. The homes sold this month at an average sq/ft price of $1316. Buyers negotiated a 2.2% discount off the original listing price. The highest-priced home sold on 28th The Strand for $18.5 million. The median sales price for Hermosa Beach, CA 90254, is $3,100,000.

Are you looking for ideas for your home or like to dream that someday you will own something like this? Either way, it's fun.

Nate Berkus and Jeremiah Brent Designed This Dazzling $22M Beverly Hills Home You've Never Seen Before—Have a Look! We're giving you a chance to peek inside a very private, palatial estate that has been redone in the best Berkus and Brent fashion.

Let's get ready for Summer... Here are some ideas to prepare!

May Maintenance Checklist Our May checklist of home maintenance tasks will help transform your home into an outdoor entertainer's dream—and still leave time for lounging by the pool.

Manhattan Beach Properties Current Market Overview:

Manhattan Beach has 56 active listings, and 31 properties are in Escrow. There were 25 closed sales in April; Zero Properties sold for under 1 million and 17 for over 2 million. The average selling price in Manhattan Beach Properties was $3,807,000. Manhattan Beach has 3.4 months of available inventory. The homes sold this month at an average sq/ft price of $1472. This month's highest-priced home sold was $13.5 million on The Strand on 30th Street. The median sales price for Manhattan Beach, CA 90266, is $3.4 Million.

Hermosa Beach Properties Current Market Overview:

The Hermosa Beach, real estate market has 38 Active listings, and 16 homes are in Escrow. There were 13 closed sales in April, and zero sold for under 1 million. Hermosa has about 3.5 months of inventory. The average sold price in Hermosa Beach in April has increased from last month to $3,351,000. The homes sold this month at an average sq/ft price of $1146. Buyers negotiated a 4.7% discount off the original listing price. The highest-priced home sold on 24th Pl for $14.5 million. The median sales price for Hermosa Beach, CA 90254, is $2,099,000.

Your Exclusive Guide to the Latest Real Estate Trends!
In this report, you'll find a high-level snapshot of the trends shaping the market for each neighborhood across the SoCal region, from the Central Coast to Orange County.

Let's dive in!

Real Estate, Homes for Sale & Apartments for Rent | Compass Buy, sell, and rent smarter with Compass. Partner with a local real estate agent to find the home or apartment that’s right for you.

Do you want to spruce up your home but not sure what to do? Here are some ideas for you...

5 Insanely Easy Home Upgrades That Save Money, Energy, and the Earth All at Once Just in time for Earth Day, these home upgrades will help you save the planet—and possibly some money, too.

Brad Pitt is active in Real Estate...

Brad Pitt Is Making Moves in L.A. Again—This Time, With a $33M House Sale and a $5.5M Buy The famed actor's real estate holdings are shifting lately, with a couple of "whisper transactions" in the Los Angeles area.

Manhattan Beach Properties Current Market Overview in April:

Manhattan Beach has 52 active listings, and 30 properties are in Escrow. There were 21 closed sales in March; Zero Properties sold for under 1 million and 17 for over 2 million. The average selling price in Manhattan Beach Properties was $2,808,000. Manhattan Beach has 3.1 months of available inventory. The homes sold this month at an average sq/ft price of $1399. The highest-priced home sold this month was $4.7 million on 11th Street. The median sales price for Manhattan Beach, CA 90266, is $2.6 Million.

Hermosa Beach Properties Current Market Overview for April:

The Hermosa Beach real estate market has 35 Active listings, and 15 homes are in Escrow. There were 12 closed sales in March, and zero sold for under 1 million. Hermosa has about 3.3 months of inventory. The average sold price in Hermosa Beach in March has increased from last month to $2,669,000. The homes sold this month at an average sq/ft price of $1216. Buyers negotiated a 3% discount off the original listing price. The highest-priced home sold on Marlita Street for $6 million. The median sales price for Hermosa Beach, CA 90254, is $2,360,000.

Did you know?
Black Knight estimates that 13.4 million homes nationwide have first mortgages below 3%, while 20.9 million have loans from 3% to 3.99%. Together, that accounts for about 65% of all U.S. homes with a first-lien mortgage. About 37% of homes in the US have no mortgage. Only about 4% of homes have first mortgages, with 6% and above rates.

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Off-Market Sales in HB & MB
HERMOSA BEACH
903 8TH ST, 90254
1,068 2/1.00 sold 2/15/2023 for $1,300,000

677 5TH ST, 90254
1,932 4/2.00 sold 2/21/2023 for $1,470,000

MANHATTAN BEACH
1141 9TH ST, 90266
1,970 4/2.00 sold 2/2/2023 for $4,700,000

1541 6TH ST, 90266
1,612 3/2.00 sold 2/14/2023 for $1,800,000

Check out this incredible property!

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Manhattan Beach Properties Current Market Overview:

Manhattan Beach has 56 active listings, and 24 properties are in Escrow. There were 7 closed sales in February; Zero Properties sold for under 1 million and 4 for over 2 million. The average selling price in Manhattan Beach Properties was $3,821,000. Manhattan Beach has 2.6 months of available inventory. The homes sold this month at an average sq/ft price of $1294. The highest-priced home sold this month was $7.25 million on Highview. The median sales price for Manhattan Beach, CA 90266, is $3.05 Million.