Tucker’s AYSO soccer team, the Lions are 2-6. Our record doesn’t show it but the team is getting better. Tuck is playing well and has become a leader of the team. Tucker loves his new class at Hermosa View and he is enjoying reading before school. He gets prizes for reading and comprehending so he’s motivated.
Estelle is learning how to read, write and do math at MB Montessori school. She loves her classroom with all of the animals and enjoys doing her school chores. Estelle is learning to play soccer on the Purple Rainbows and the team is having fun. The kids continue to swim and play tennis weekly.
South Bay Real Estate News
3 Things You Need To Know:
US Employment & Wages Increase
What Features Do Buyers Value in a Home?
A million dollars could buy a starter home in Manhattan or Hermosa but not for long.
The housing prices continue to increase and edge toward a 1 million dollars for an entry level home in MB. It’s a Seller’s market with extremely low inventory. Manhattan Beach has49 active listings. There are 40 properties in Escrow (4 of these homes are under 1 million and 14 are over 2 million.) There were 33 closed sales in September. This month’s market continues to have a lot of active buyers who on the average paid over list price. The average selling price in Manhattan Beach Properties was $1,742,000. Manhattan Beach has1.7 months of inventory.
The Hermosa Beach real estate market has 41 Active listings. There were 15 closed sales in September and 7 of them were under 1 million. HB has about 2.3 months of inventory with28 homes in escrow. Most buyers were able to negotiate a 2% discount on the last offered price of their new home. The average selling price in Hermosa Beach was $1,494,000.
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