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MARKET UPDATE: REDONDO BEACH 90278 – CONDOS

Strong Seller's Market... Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: REDONDO BEACH 90278 – CONDOS

MARKET UPDATE: REDONDO BEACH 90278 – SINGLE FAMILY

Strong Seller's Market... The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: REDONDO BEACH 90278 – SINGLE FAMILY

MARKET UPDATE: REDONDO BEACH 90277 – CONDOS

Strong Seller's Market... The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: REDONDO BEACH 90277 – CONDOS

MARKET UPDATE: REDONDO BEACH 90277 – SINGLE FAMILY

Slight Seller's Advantage... The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. [...]

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: REDONDO BEACH 90277 – SINGLE FAMILY

MARKET UPDATE: HERMOSA BEACH 90254 – CONDOS

Strong Seller's Market... The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: HERMOSA BEACH 90254 – CONDOS

MARKET UPDATE: HERMOSA BEACH 90254 – SINGLE FAMILY

Slight Seller's Advantage... The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: HERMOSA BEACH 90254 – SINGLE FAMILY

MARKET UPDATE: MANHATTAN BEACH 90266 – CONDOS

Strong Seller's Market... Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this [...]

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: MANHATTAN BEACH 90266 – CONDOS

MARKET UPDATE: MANHATTAN BEACH 90266 – SINGLE FAMILY

Slight Seller's Advantage... The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

By | June 28th, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: MANHATTAN BEACH 90266 – SINGLE FAMILY

MARKET UPDATE: Redondo Beach 90278 – Condos

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

By | June 21st, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: Redondo Beach 90278 – Condos

MARKET UPDATE: Redondo Beach 90278 – Single Family

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

By | June 21st, 2017|BOTELLO & SENSER Blog|Comments Off on MARKET UPDATE: Redondo Beach 90278 – Single Family