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Market Report Manhattan Beach, California

Market Report for Manhattan Beach

Homes for Sale – Wondering the Value of Your Home

For a complimentary comparative market analysis, please contact us so we can discuss your home’s value.
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Real Estate Market Report for Southern California

Closed Sales as of November 24, 2020

$2,598,300
Median
Closing Price
$2,933,500
Average
Sold Price
$1,268
Price Per
Square Foot
435
Sold In Last
365 Days

Active Listings For Sale Overview

$3,545,800
Median
Listing Price
$4,575,604
Average
List Price
$1,518
Price Per
Square Foot
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Market Report

Market Report Lomita, California

Market Report for Lomita

Homes for Sale – Wondering the Value of Your Home

For a complimentary comparative market analysis, please contact us so we can discuss your home’s value.
Real estate agents know how to sell homes. Successful sales balance four components: the market, price, condition of the house, and exposure.

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Real Estate Market Report for Southern California

Closed Sales as of November 24, 2020

$682,500
Median
Closing Price
$693,695
Average
Sold Price
$451
Price Per
Square Foot
196
Sold In Last
365 Days

Active Listings For Sale Overview

$835,600
Median
Listing Price
$861,583
Average
List Price
$488
Price Per
Square Foot
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Market Report

Market Report Hermosa Beach, California

Market Report for Hermosa Beach

Homes for Sale – Wondering the Value of Your Home

For a complimentary comparative market analysis, please contact us so we can discuss your home’s value.
Real estate agents know how to sell homes. Successful sales balance four components: the market, price, condition of the house, and exposure.

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Real Estate Market Report for Southern California

Closed Sales as of November 24, 2020

$1,754,300
Median
Closing Price
$2,253,279
Average
Sold Price
$1,037
Price Per
Square Foot
230
Sold In Last
365 Days

Active Listings For Sale Overview

$2,677,500
Median
Listing Price
$4,356,800
Average
List Price
$1,494
Price Per
Square Foot
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Market Report

Market Report Redondo Beach, California

Market Report for Redondo Beach

Homes for Sale – Wondering the Value of Your Home

For a complimentary comparative market analysis, please contact us so we can discuss your home’s value.
Real estate agents know how to sell homes. Successful sales balance four components: the market, price, condition of the house, and exposure.

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Real Estate Market Report for Southern California

Closed Sales as of November 24, 2020

$1,102,800
Median
Closing Price
$1,212,212
Average
Sold Price
$717
Price Per
Square Foot
900
Sold In Last
365 Days

Active Listings For Sale Overview

$1,249,600
Median
Listing Price
$1,477,466
Average
List Price
$770
Price Per
Square Foot
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Blog Los Angeles County Cities

Redondo Beach Real Estate for sale and rent

Homes, condos and land for sale and rent in Redondo Beach, CA

 
Redondo Beach Real Estate for sale and rent

We believe factual information is key. In our industry we are fortunate to be able to cull statistics on sold properties. Our team publishes Market Report for Redondo Beach: closed sales, active listings, minimum, maximum and median price.

Our Reports are the most in depth, as well as several price categories and Number of Homes Sales, Total Home Sales Volume, and Median Home Sale Price. Thereby giving you rich insight – hyper local information about specific area of interest.

Opinions, frankly, are of little value when you need the hard facts. And hard facts are what our Market Reports provide.

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Redondo Beach geography

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Brief information about Redondo Beach

Redondo Beach is one of the three Beach Cities located in Los Angeles County, California, United States. The population was 66,748 at the 2010 census, up from 63,261 at the 2000 census. The city is located in the South Bay region of the greater Los Angeles area.
Redondo Beach was originally part of the 1785 Rancho San Pedro Spanish land grant that later became the South Redondo area. The city’s territory has an unusual shape including an area along the beach (South Redondo Beach) and another strip inland from Manhattan Beach and Hermosa Beach (North Redondo Beach). The primary attractions include Municipal Pier and the sandy beach, popular with tourists and a variety of sports enthusiasts. The western terminus of the Metro Rail Green Line is in North Redondo Beach.
The Chowigna Indians used the site of today’s Hopkins Wilderness Park, formerly Nike missile site LA-57 from 1956 to 1963, in Redondo Beach, California, as a lookout place. The wetlands located at the site of today’s AES power plant in Redondo Beach were a source of foods including halibut, lobster, and sea bass, and also of salt. In the 1700s, the Chowigna bartered salt from the old Redondo Salt Lake, “a spring-fed salt lake about 200 yards wide and 600 yards long situated about 200 yards from the ocean”, with other tribes. Their village by the lake was called “Onoova-nga”, or “Place of Salt.” The Chowigna were relocated to missions in 1854, when Manuel Dominguez sold 215 acres of Rancho San Pedro, including the lake, to Henry Allanson and William Johnson for the Pacific Salt Works.
Moonstone Beach was a tourist attraction from the late 1880s to the early 1920s. Tourists gathered moonstones from the many mounds that had washed ashore during storms.
According to the United States Census Bureau, the city has a total area of 6.2 square miles (16.1 km²), over 99% of it land.
Redondo Beach was originally part of the 1784 Rancho San Pedro Spanish land grant of the 43,000-acre (170 km2) Dominguez Rancho that later became the ten-mile (16 km) Ocean frontage of Rancho Sausal Redondo.
The 2010 United States Census reported that Redondo Beach had a population of 66,748. The population density was 10,751.1 people per square mile (4,151.0/km²). The racial makeup of Redondo Beach was 49,805 (74.6%) White (65.2% Non-Hispanic White), 1,852 (2.8%) African American, 291 (0.4%) Native American, 8,004 (12.0%) Asian, 199 (0.3%) Pacific Islander, 2,725 (4.1%) from other races, and 3,872 (5.8%) from two or more races. Hispanic or Latino of any race were 10,142 persons (15.2%).

The Census reported that 66,317 people (99.4% of the population) lived in households, 367 (0.5%) lived in non-institutionalized group quarters, and 64 (0.1%) were institutionalized.
There were 29,011 households, out of which 7,825 (27.0%) had children under the age of 18 living in them, 12,507 (43.1%) were opposite-sex married couples living together, 2,515 (8.7%) had a female householder with no husband present, 1,207 (4.2%) had a male householder with no wife present. There were 1,904 (6.6%) unmarried opposite-sex partnerships, and 179 (0.6%) same-sex married couples or partnerships. 9,252 households (31.9%) were made up of individuals and 2,145 (7.4%) had someone living alone who was 65 years of age or older. The average household size was 2.29. There were 16,229 families (55.9% of all households); the average family size was 2.94.

The population was spread out with 12,887 people (19.3%) under the age of 18, 4,198 people (6.3%) aged 18 to 24, 23,149 people (34.7%) aged 25 to 44, 19,532 people (29.3%) aged 45 to 64, and 6,982 people (10.5%) who were 65 years of age or older. The median age was 39.3 years. For every 100 females there were 99.1 males. For every 100 females age 18 and over, there were 97.2 males.

There were 30,609 housing units at an average density of 4,930.2 per square mile (1,903.6/km²), of which 14,917 (51.4%) were owner-occupied, and 14,094 (48.6%) were occupied by renters. The homeowner vacancy rate was 0.9%; the rental vacancy rate was 5.3%. 36,796 people (55.1% of the population) lived in owner-occupied housing units and 29,521 people (44.2%) lived in rental housing units.
According to the 2010 United States Census, Redondo Beach had a median household income of $99,496, with 5.4% of the population living below the federal poverty line.

According to public data from the Los Angeles Times, real estate prices increased almost 20% per year between 1999 and 2005. Properties within walking distance of the ocean routinely sell for over $1 million. Money Magazine ranks communities in the area as some of the most expensive places to live in the U.S. The average three-bed, two-bath home costs about $1,000,000 in South Redondo as of 2006 and $875,000 in North Redondo. The 2007 “credit meltdown” has affected home values in the area to a lesser extent than the rest of Southern California.
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Hermosa Beach Real Estate for sale and rent

Homes, condos and land for sale and rent in Hermosa Beach, CA

 
Hermosa Beach Real Estate for sale and rent

We believe factual information is key. In our industry we are fortunate to be able to cull statistics on sold properties. Our team publishes Market Report for Hermosa Beach: closed sales, active listings, minimum, maximum and median price.

Our Reports are the most in depth, as well as several price categories and Number of Homes Sales, Total Home Sales Volume, and Median Home Sale Price. Thereby giving you rich insight – hyper local information about specific area of interest.

Opinions, frankly, are of little value when you need the hard facts. And hard facts are what our Market Reports provide.

For more information we suggest you contact us.

Hermosa Beach geography

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Brief information about Hermosa Beach

Hermosa Beach is a beachfront city in Los Angeles County, California, United States. Its population was 19,506 at the 2010 census.
The city is located in the South Bay region of the greater Los Angeles area and is one of the three Beach Cities. Hermosa Beach is bordered by the other two, Manhattan Beach to the north and Redondo Beach to the south and east.
The city’s beach is popular for sunbathing, beach volleyball, surfing, paddleboarding and bars. The city itself extends only about 15 blocks from east to west and 40 blocks from north to south, with the Pacific Coast Highway running down the middle. Situated on the Pacific Ocean, Hermosa’s average temperature is 70 degrees in the summer and 55 degrees in the winter. Westerly sea breezes lessen what can be high summertime temperatures in Los Angeles and elsewhere in the county and help keep the smog away 360 days of the year.
A paved path, called The Strand, runs along Hermosa’s beach from Torrance Beach in the south approximately twenty miles north to Santa Monica and the Hermosa Beach pier is at the end of Pier Avenue, which is one of the beach community’s main shopping, eating and partying areas.
Hermosa Beach was originally part of the 1784 Rancho San Pedro Spanish land grant that later became the ten-mile (16 km) Ocean frontage of Rancho Sausal Redondo. In 1900 a tract of 1,500 acres (6.1 km2) was purchased for $35 per acre from A. E. Pomroy, then owner of the greater part of Rancho Sausal Redondo. Messrs. Burbank and Baker, agents, bought this land for Sherman and Clark who organized and retained the controlling interest in the Hermosa Beach Land and Water Company,
In early days, Hermosa Beach — like so many of its neighboring cities (Inglewood, Lawndale, Torrance) — was one vast sweep of rolling hills covered with fields of grain, mostly barley. During certain seasons of the year large herds of sheep were grazed over this land, and corrals and large barns for storing the grain, as well as providing shelter for horses and farm implements were located on the ranch between Hermosa and Inglewood. The Spanish words Rancho Sausal Redondo mean a large circular ranch of pasture of grazing land, with a grove of willow on it.
Hermosa Beach is located at 33°51′59″N 118°23′59″W (33.866314, -118.399681).
According to the United States Census Bureau, the city has a total area of 1.4 square miles (3.6 km2), all of it land.
The 2010 United States Census reported that Hermosa Beach had a population of 19,506. The population density was 13,673.6 people per square mile (5,279.4/km2). The racial makeup of Hermosa Beach was 16,928 (86.8%) White (80.9% Non-Hispanic White), 229 (1.2%) African American, 49 (0.3%) Native American, 1,111 (5.7%) Asian, 46 (0.2%) Pacific Islander, 325 (1.7%) from other races, and 818 (4.2%) from two or more races. Hispanic or Latino of any race were 1,632 persons (8.4%).

The Census reported that 19,491 people (99.9% of the population) lived in households, 11 (0.1%) lived in non-institutionalized group quarters, and 4 (0%) were institutionalized.
There were 9,550 households, out of which 1,878 (19.7%) had children under the age of 18 living in them, 3,254 (34.1%) were opposite-sex married couples living together, 460 (4.8%) had a female householder with no husband present, 325 (3.4%) had a male householder with no wife present. There were 710 (7.4%) unmarried opposite-sex partnerships, and 64 (0.7%) same-sex married couples or partnerships. 3,644 households (38.2%) were made up of individuals and 606 (6.3%) had someone living alone who was 65 years of age or older. The average household size was 2.04. There were 4,039 families (42.3% of all households); the average family size was 2.80.

The population was spread out with 3,093 people (15.9%) under the age of 18, 1,242 people (6.4%) aged 18 to 24, 8,516 people (43.7%) aged 25 to 44, 4,898 people (25.1%) aged 45 to 64, and 1,757 people (9.0%) who were 65 years of age or older. The median age was 37.0 years. For every 100 females there were 111.3 males. For every 100 females age 18 and over, there were 112.1 males.

There were 10,162 housing units at an average density of 7,123.5 per square mile (2,750.4/km2), of which 4,255 (44.6%) were owner-occupied, and 5,295 (55.4%) were occupied by renters. The homeowner vacancy rate was 1.0%; the rental vacancy rate was 4.4%. 10,083 people (51.7% of the population) lived in owner-occupied housing units and 9,408 people (48.2%) lived in rental housing units.
According to the 2010 United States Census, Hermosa Beach had a median household income of $101,655, with 3.4% of the population living below the federal poverty line.

Hermosa Beach has its own elementary school and middle school but high school students are served by either Manhattan Beach or Redondo Beach where rankings are in the 80 to 90th percentiles. Hermosa Beach residents are zoned to Hermosa Beach City School District for grades Kindergarten through 8. Before Proposition 13 passed, Hermosa Beach had five elementary schools (North, South, Hermosa View, Prospect Heights, Valley Vista) and one junior high school (Pier Avenue).
In 2005, Hermosa Valley and Hermosa View schools were honored as U.S. Department of Education National Blue Ribbon Schools, along with 33 California schools and less than 300 schools across the nation. The award was based on academic achievement. Hermosa schools are among the top 10% of schools in the state with students scoring at or above the 90% in the highest grade tested in reading and math. For the award, the Department of Education reviewed growth in scores over a three-year period.
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Manhattan Beach Real Estate for sale and rent

Homes, condos and land for sale and rent in Manhattan Beach, CA

 
Manhattan Beach Real Estate for sale and rent

We believe factual information is key. In our industry we are fortunate to be able to cull statistics on sold properties. Our team publishes Market Report for Manhattan Beach: closed sales, active listings, minimum, maximum and median price.

Our Reports are the most in depth, as well as several price categories and Number of Homes Sales, Total Home Sales Volume, and Median Home Sale Price. Thereby giving you rich insight – hyper local information about specific area of interest.

Opinions, frankly, are of little value when you need the hard facts. And hard facts are what our Market Reports provide.

For more information we suggest you contact us.

Manhattan Beach geography

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Brief information about Manhattan Beach

Manhattan Beach is a city in southwestern Los Angeles County, California, United States, on the Pacific coast south of El Segundo, and north of Hermosa Beach. Manhattan Beach is one of the three Beach Cities that make up the South Bay. Mira Costa High School in Manhattan Beach is ranked in the top 1% of high schools nationally.
In 1863, a Scottish immigrant, Sir Robert Burnett, purchased Rancho Sausal Redondo and Rancho Aguaje de la Centinela from Avila’s heirs for $33,000. Ten years later in 1873, Burnett leased the ranch to a Canadian, Daniel Freeman (not the American Daniel Freeman, who was the first to file a claim under the Homestead Act of 1862). Burnett returned to Scotland. Freeman moved his wife and three children onto the ranch and started growing various crops. On May 4, 1885, Freeman bought the ranch from Burnett for $140,000.
George H. Peck owned a lot of the land that became part of the north section of Manhattan Beach. A coin flip decided the town’s name. Around 1902, the beach suburb was named “Manhattan” after developer Stewart Merrill’s home, the New York City borough of Manhattan. “Beach” was appended to the city’s name in 1927 at the behest of the postmaster.
The land in Manhattan Beach was formerly sand dunes. During the 1920s and 1930s, builders leveled uneven sandy sites and some excess sand was sold and shipped to Waikiki, Hawaii, to convert their reef and rock beach into a sandy beach. The sand was also used to build the Los Angeles Coliseum and portions of the Pacific Coast Highway.
Manhattan Beach benefits from ocean breezes that provide clean air and summer temperatures that are 10 to 20 °F (5.6 to 11.1 °C) cooler than the inland regions of Southern California. The Manhattan Beach Unified School District has test scores ranked #3 in the state of California according to California Department of Education statistics. Forbes magazine ranked Manhattan Beach Unified as the sixth best School District in the U.S. According to a July 5, 2014, article in the Beach Reporter newspaper, the city of Manhattan Beach has more educated residents (according to percentage of residents with bachelor’s degree or higher) than any other Los Angeles suburb.
Many high profile individuals in the sports and entertainment industry live in Manhattan Beach due to its oceanfront desirability, top performing school district, and commuting distance to Los Angeles. GQ Magazine named Manhattan Beach one of the nation’s six best beaches in their July 2014 issue.
The city has a total area of 4.9 square miles (13 km2). Manhattan Beach features 2.1 miles (3.4 km) of ocean frontage.
The 2010 United States Census reported that Manhattan Beach had a population of 35,135. The population density was 8,914.7 people per square mile (3,442.0/km²). The racial makeup of Manhattan Beach was 29,686 (84.5%) White (79.3% Non-Hispanic White), 290 (0.8%) Black or African American (U.S. Census), 59 (0.2%) Native American, 3,023 (8.6%) Asian, 49 (0.1%) Pacific Islander, 409 (1.2%) from other races, and 1,619 (4.6%) from two or more races. Hispanic or Latino of any race were 2,440 persons (6.9%).

The Census reported that 35,107 people (99.9% of the population) lived in households, 28 (0.1%) lived in non-institutionalized group quarters, and 0 (0%) were institutionalized.
There were 14,038 households, out of which 4,735 (33.7%) had children under the age of 18 living in them, 7,583 (54.0%) were opposite-sex married couples living together, 892 (6.4%) had a female householder with no husband present, 438 (3.1%) had a male householder with no wife present. There were 695 (5.0%) unmarried opposite-sex partnerships, and 85 (0.6%) same-sex married couples or partnerships. 3,627 households (25.8%) were made up of individuals and 1,078 (7.7%) had someone living alone who was 65 years of age or older. The average household size was 2.50. There were 8,913 families (63.5% of all households); the average family size was 3.10.

The population was spread out with 8,725 people (24.8%) under the age of 18, 1,740 people (5.0%) aged 18 to 24, 9,532 people (27.1%) aged 25 to 44, 10,681 people (30.4%) aged 45 to 64, and 4,457 people (12.7%) who were 65 years of age or older. The median age was 40.9 years. For every 100 females there were 100.4 males. For every 100 females age 18 and over, there were 99.2 males. There were 14,929 housing units at an average density of 3,787.9 per square mile (1,462.5/km²), of which 9,420 (67.1%) were owner-occupied, and 4,618 (32.9%) were occupied by renters. The homeowner vacancy rate was 0.8%; the rental vacancy rate was 5.3%. 25,587 people (72.8% of the population) lived in owner-occupied housing units and 9,520 people (27.1%) lived in rental housing units.
According to the 2010 United States Census, Manhattan Beach had a median household income of $139,259, with 3.4% of the population living below the federal poverty line.

Manhattan Beach is currently ranked as one of the best suburbs in Los Angeles Country for its high-earning and well educated residents. According to US Census data, Manhattan Beach holds the ranking as the second most educated city in Los Angeles County and the fifth most educated city in the state of California. Manhattan Beach’s top performing school district is currently ranked as the third best in the state of California, and Forbes Magazine ranked the city’s school district, MBUSD, as the sixth best school district in the United States.
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Homes, condos and land for sale and rent in Lomita, CA

 
Lomita Real Estate for sale and rent

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Brief information about Lomita

Lomita is a city in Los Angeles County, California, United States. The population was 20,256 at the 2010 census, up from 20,046 at the 2000 census. The word “lomita” is Spanish for “little knoll.”
Lomita was originally part of Rancho San Pedro, granted by the Spanish Empire to Juan Jose Dominguez by King Carlos III of Spain in 1784.
Lomita established a sister city relationship with Takaishi, Osaka, Japan in October 1981.
According to the United States Census Bureau, the city has a total area of 1.9 square miles (4.9 km2), all of which is land.
Lomita originally spanned 7 square miles (18 km2). However, over time, much of this area was annexed by neighboring cities. A notable example is “Lomita Fields,” now Zamperini Field (the Torrance Municipal Airport).
The 2010 United States Census reported that Lomita had a population of 20,256. The population density was 10,601.3 people per square mile (4,093.2/km²). The racial makeup of Lomita was 11,987 (59.2%) White (43.4% Non-Hispanic White), 1,075 (5.3%) African American, 174 (0.9%) Native American, 2,923 (14.4%) Asian, 140 (0.7%) Pacific Islander, 2,680 (13.2%) from other races, and 1,277 (6.3%) from two or more races. Hispanic or Latino of any race were 6,652 persons (32.8%).

The Census reported that 20,089 people (99.2% of the population) lived in households, 57 (0.3%) lived in non-institutionalized group quarters, and 110 (0.5%) were institutionalized.
There were 8,068 households, out of which 2,479 (30.7%) had children under the age of 18 living in them, 3,409 (42.3%) were opposite-sex married couples living together, 1,160 (14.4%) had a female householder with no husband present, 481 (6.0%) had a male householder with no wife present. There were 491 (6.1%) unmarried opposite-sex partnerships, and 55 (0.7%) same-sex married couples or partnerships. 2,420 households (30.0%) were made up of individuals and 822 (10.2%) had someone living alone who was 65 years of age or older. The average household size was 2.49. There were 5,050 families (62.6% of all households); the average family size was 3.12.
The population was spread out with 4,378 people (21.6%) under the age of 18, 1,743 people (8.6%) aged 18 to 24, 5,699 people (28.1%) aged 25 to 44, 5,904 people (29.1%) aged 45 to 64, and 2,532 people (12.5%) who were 65 years of age or older. The median age was 39.6 years. For every 100 females there were 93.3 males. For every 100 females age 18 and over, there were 89.8 males.

There were 8,412 housing units at an average density of 4,402.5 per square mile (1,699.8/km²), of which 3,738 (46.3%) were owner-occupied, and 4,330 (53.7%) were occupied by renters. The homeowner vacancy rate was 0.7%; the rental vacancy rate was 3.4%. 9,183 people (45.3% of the population) lived in owner-occupied housing units and 10,906 people (53.8%) lived in rental housing units.
According to the 2010 United States Census, Lomita had a median household income of $60,398, with 12.2% of the population living below the federal poverty line.

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Closed Sales as of November 24, 2020

$1,479,100
Median
Closing Price
$1,598,390
Average
Sold Price
$820
Price Per
Square Foot
427
Sold In Last
365 Days

Active Listings For Sale Overview

$1,884,500
Median
Listing Price
$1,986,526
Average
List Price
$872
Price Per
Square Foot
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$1,935,800
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Closing Price
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Average
Sold Price
$1,213
Price Per
Square Foot
257
Sold In Last
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Listing Price
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List Price
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Price Per
Square Foot
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