The time between Christmas and the New Year is always traditionally slow for real estate, and the South Bay Beach Cities are no exception. We cover a large area and it is shocking how slow it can get during this time, although for good reason. Manhattan Beach, Hermosa Beach, Redondo Beach, and Palos Verdes combined has yielded less new listings than you can count on your fingers and toes this past week. Close to 10-20 new listings might seem like a lot, but when you take into account that these cities combined have closed 2,300 sales in 2015 alone, along with 500+ currently listed or pending homes, it is definitely not the new inventory needed to keep up these numbers.
Rather than delve into statistics, a new listing, or happenings in a sub-section of one of these markets, we want to ask: what do our readers want to read for 2016?
Feel free to ask anything under the sun regarding real estate, and we will do our best to answer questions or find meaningful data to help you. Our blog is young, but we expect to be very active in the New Year.
Right now we are working on a series of blogs to examine the median price of 2015 homes around the beach cities. The information will be very surface level, but if you have even the slightest interest in buying or selling your home, then this will be an informative read…and of course, we can help you with more details down the road. We plan to break down each of the four cities listed above, and even a few sub-sections as well. If you feel there is value, then we will dive into town home and condo sales later on in January.
Please feel free to submit topics you are interested in by emailing me, or commenting through the website/social media. We would be thrilled to hear from you!
Be sure to look out for our 2015 median priced home series next week. Cheers to you in the New Year!