Tucker had a fun filled summer with lots of camps weekly. He started AYSO soccer this week with his new team, the Lions.  I coach his team and we lost our first two games but we hope to bounce back and get some wins. Tuck is enjoying his new School at Hermosa View and he will be swimming and learning to be a better tennis player.

Estelle is back at the MB Montessori school with her new classmates. She loves her classroom, teachers and especially the animals that are in the class.  Estelle is playing AYSO soccer on the Purple Rainbows and we tied our first game 0-0.  It was very cute to watch the swarm of players kick the ball. She will be swimming and learning tennis like her brother.Our kids love animals especially dogs.

South Bay Real Estate News

3 Things You Need To Know:

Owning a Home Benefits Your Children 

Best Places for the Rich

California Housing Investors Play Key Role

The housing inventory is so low that this is a Seller’s market. Manhattan Beach has 55active listings. There are 44 properties in Escrow (6 of these homes are under 1 million and 13 are over 2 million.) There were 40 closed sales in August and 7 of them were under a million. In August, we continued to have a lot of active buyers who on the average paid the list price. The average selling price in Manhattan Beach Properties was $1,921,000.  Manhattan Beach has 1.6 months of inventory.

The Hermosa Beach real estate market has 40 Active listings. There were 30 closed sales in August and 11 of them were under 1 million. HB has about 1.2 months of inventory with 26homes are currently 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 $1,544,000.

Thank you for tuning in to Manhattan Beach Properties, an informative real estate blog. Please contact our Real Estate Team for more information on how to use our expert services for all of your Real Estate needs.  We are here to help you buy or sell your dream home.

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