Tuesday, August 25, 2015

Listing Tips for Sellers | Preparing Your Home for the Market

Staged Homes Sell for More

Most people understand that good “curb appeal” is important in getting top dollar for a home. After all, you never get a second chance to make a good first impression. Equally important is how the home appears on the inside. The process is essentially to “deconstruct” your home as you live in it and then “reconstruct” it to be ready for sale.

The first step is to get a head start on packing by reducing clutter throughout the house. This means clearing excessive papers and books on shelves and desktops, and minimizing overcrowding on countertops in kitchens and bathrooms. Next, determine if you need to reduce the amount of furniture you’ll keep in the house. The more cluttered the home appears, the more cramped it will feel to buyers. The garage is a good place to store things while the home is on the market.

Now, you’re ready to do a thorough, deep cleaning of the home. Think of this as the Spring Cleaning effort of a lifetime. The goal is to clean the home such that it looks like a model home.

Finally, you’ll “reconstruct” the home so that it is easy to show, and such that each room is visually appealing. This may mean organizing existing furniture, or bringing new furniture and decorations into the home. Often, a staging specialist can help organize existing furniture or furnish the entire home. Call me today for a professional opinion on how to get your home ready for the market including the benefits of staging.

Visit freestagingoffer.com for my latest great deal for Redondo Beach Home Sellers.

Sunday, August 23, 2015

Redondo Beach Housing Price Index | Single Family Residences

North Redondo Beach SFR Housing Price Index

While the graphic below shows some very nice price appreciation in North Redondo Beach Single Family Residences (SFR) if anything it seems light to me most likely because I'm dealing with what can be purchased today and are thinking of some recent pendings that are not showing up yet in the sold data.

Its curious bit I have been using that number of around $500 SqFt from the current marjet snapshot and then adjusting up or down based on other factors and considerations such as age, size, condition, amenities, lot size etc. It is also my metric for townhomes and condos.

Thursday, August 20, 2015

Are You A First Time Home Buyer in Redondo Beach CA?

Are you buying a home in Redondo Beach CA?

Redondo Beach CA is currently one of the hottest housing markets in coastal LA County with far more buyers looking for properties than are available for sale.
So whether you are a first time home buyer or have bought and sold multiple properties, hopefully you'll find this guide to be of use.

Let's first start with the reasons as to why Redondo Beach housing demand is so high right now.
  • Affordability
  • Location
  • Schools
Affordability: You simply get more home for your investment dollar in Redondo Beach than any other beach community in LA or Orange County. Two bedroom condos are available starting in the low $500's with nice 3 bedroom townhomes 1600 SqFt or larger starting in the high $6's. Are you going to have an ocean view at that price. Probably not, but you will be able to drive, bike or walk to the beach in 5-10 mins. You can also still purchase a nice single family house for less than $1M. It may be on a smaller lot but you own the land.

Monday, August 17, 2015

Selling a Home in Redondo Beach CA | Staging Tips

Staged Redondo Beach Home compared to Vacant
There's really only one very simple message and tip on this: have your home professionally staged before you put it on the market. In fact, if I am your listing agent I will have it staged for you, and pay for it too! (More on that later.)

The composite picture above of my recent listing and sale at 1719 Dixon St in the Redondo Beach Golden Hills shows the same room staged and vacant. You tell me which one you find more appealing and attractive.

There's a number of reasons professional staging is so powerful.

Saturday, August 15, 2015

Townhomes for Sale in Redondo Beach CA: 3 on a Lot Sold

My listing at 2502 Rockefeller Lane just closed escrow and is a good indication of where 3 on a lot pricing for newer resales is going: high $700's or more depending on age location and features.

I sold this one for the full asking price of $775,000 (with some buyer credits to get the deal done). The floorplan was larger than usually found in townhomes with the highly desirable 4th bedroom found upstairs. This particular unit also had soaring vaulted ceilings and a south facing backyard plus tons of east west light and other desirable features.

I'm finding that properties built mid 2000's are commanding a resale premium basically because after about 2008 new construction ground to a halt. The closer you get to 2007, the more likely there were some high end upgrades.

If you are interested in townhomes, in the Beach Cities, here are some other articles I've written:

2502 Rockefeller Lane Closed Escrow
Redondo Beach Townhomes are Selling Fast!
Townhomes for Sale North Redondo Beach Listings
Hermosa Beach Townhomes for Sale at Redondo Beach Prices
Hermosa Beach Ocean View Townhouse for Sale

Friday, August 14, 2015

Redondo Beach CA Homes for Sale | New Listings

Tall and Skinny remodeled in a Contemporary style
I'm not quite sure what this trend is telling us but there seems to be insatiable buyer demand for Single Family Houses for Sale in the Redondo Beach Golden Hills while at the same time sellers seem very willing to accommodate them as long as the prices are in the high $900's or above $1M as we are seeing more and more frequently.

Two new listings just came out, both in the "Triangle" section of Golden Hills. That is, the neighborhood bound by Artesia Blvd, Aviation, and Harper forming a triangle between Manhattan Beach, Redondo Beach, and Hermosa Beach.

If you are not familiar with the Golden Hills, here are some other articles with recent home sales, data and more:

Golden Hills Home Values
1719 Dixon Street - Just Sold
Redondo Beach Golden Hills Homes

Back to this week's new activity.

Sunday, August 9, 2015

Selling a Home in Redondo Beach CA? Best Pricing Practices

The Redondo Beach Real Estate market is hot. Very hot actually. Year to date there have been 332 closed sales through the end of July. Currently, as of this blog post, there are 65 homes in escrow and most telling there were 63 closed escrows during July which was the most activity this year so far. Great time to be a seller.

If you are thinking of selling, the best practice relative to pricing still remains "price your home to sell quickly with multiple offers". The old adage of pricing higher to "leave room to negotiate" will wind up most likely costing you money. Yes, I know this is counter intuitive but the facts and data back this up (as does my own recent sales activity).

Here's some real data.

Friday, August 7, 2015

Contemporary Ocean View New Construction House for Sale in Redondo Beach Beach CA

New Construction Contemporary

Contemporary South Redondo Beach CA "Hill Section" home for sale. This brand new single family home has 180 degree ocean views with over 4,000 square feet of living space. This home features 4 bedrooms, with 3 full baths and 2 half baths. The top floor is perfect for entertaining. You will enjoy the gourmet kitchen, and the beautiful scenic ocean and coastline views. The home also features a separate living room, family room and private entertainment/theater room. This elegant design showcases 12 to 20 foot high ceilings complimented by tons of natural light and an open floor plan. Other amenities include solid hardwood floors throughout, private rear yard, 4 person elevator, 9 camera video/audio security systems with state of the art wiring, LED lighting, central vacuum system, and spacious separate balcony and rooftop deck. This property is only 3 blocks from the ocean, 6 blocks to the local schools, enjoy quick freeway access. This home is great for entertaining, large rear yard and rooftop deck are connected and offer great outdoor living. 

Listed for sale for $2,690,000.

Monday, August 3, 2015

How Much is My Redondo Beach Golden Hills Tall and Skinny House Really Worth?

Redondo Beach Golden Hills Home Prices have increased

Redondo Beach Real Estate has seen substantial price acceleration over the past 18 months and many homes are now selling at or even above previous market highs. One of the neighborhoods experiencing the largest price gains in the Redondo Beach Golden Hills (designated as MLS Area 154 to Realtors). Appraisers are struggling to keep up with what appears to be new highs every week.

Follow this link for an instant automated valuation for your home!

The graph above captures data for the standard 3 bedroom Tall and Skinny on a 2500 SqFt lot. Within that segment there are obvious variations based on age, updates and whether the property has 2 or 2.5 baths (even though I am seeing 2 bathroom floorplans often selling at similar prices to 2.5). Homes on larger lots or some of the 3 story over 2000 SqFt properties have different pricing models.

If you are selling a home in the Golden Hills, currently the "Gold Standard" (no pun intended, lol) is to price right at or slightly below the market in order to get multiple offers over the asking price.

That's how I recently marketed my listing at 1719 Dixon St

Sunday, August 2, 2015

Homes for Sale in Redondo Beach CA

These are all the homes currently listed for sale in Redondo Beach CA including Single Family Houses, Townhomes, Condominiums, lots, fixers, new construction, flip, and foreclosures. The map will update in real time whenever you visit this page and is always current. These are all the MLS listings from every Broker, Realty company, and real estate agent. You can also see the home listings in full screen mode by following this link.


Here's other listing links: