MARKET TRENDS REVIEW by Brent Chipeska.
The August heat wave continues, and so does the Seller’s Market.
As we look back on July’s real estate activity, most South Bay markets reported a year-over-year increase in inventory and a decrease in sales. In addition, sales prices are still rising, with 82% of the markets reporting a year-over-year increase in sales price.
For a review of the South Bay real estate market, click on our South Bay Market Intelligence Report for neighborhood overviews, current statistics, and trends.
The articles below cover three activities you can participate in this month! Read about wallet-friendly bathroom remodeling ideas, CicLAvia (the festival-like closing of L.A.’s streets), and the opening of Seabirds Kitchen’s new location!
If you're thinking about buying, selling, or having any other real estate needs, our team is here to help!
621 36th St., Manhattan Beach, CA | 5 Bedrooms | 5 Bathrooms | 4,066 Sq Ft Offered at $5,195,000
Offered at $5,195,000 Welcome to your Beach Oasis! Brand new construction, this custom, design inspired 4,066 sq ft coastal-modern with high end finishes is located in the highly desirable Manhattan Beach Tree Section. Walking distance to the beach, Sand Dune Park, Downtown Manhattan Beach & Pier, El Porto restaurants, cafes, yoga studios, surf and much more. Open and airy, this home is appended with expansive Fleetwood sliders, bringing in the coastal breeze, indoor-outdoor living...Continue Reading Here!
4 Budget-Friendly Bathroom Remodel Ideas From TikTok
While some creativity may be necessary, breaking the bank is not. “For many homeowners, myself included, a full-on renovation isn’t always feasible,” says Phoenix-based content creator Lidia Salazar. Check out this article from Architectural Digest for a closer look at four of the most inspiring, wallet-friendly bathroom remodeling ideas on Tik Tok, plus tips for recreating them at home.Read about it here!
CicLAvia has been opening streets across Los Angeles County since 2010
The term CicLAvia stems from a similar Spanish word for “bikeway,” and in LA, it’s become shorthand for the temporary, festival-like closing of LA’s streets. The event (inspired by the first Ciclovías in Bogotá, Colombia) welcomes bikes, tricycles, skateboards, strollers, and just about anything else without an engine to ride a rotating cast of car-free routes.Find more details here!
Costa Mesa’s Popular Plant-Based Restaurant Expands to Bright Los Feliz Space.
Seabirds Kitchen — Costa Mesa and Long Beach’s innovative plant-based restaurant opened a bright new location in Los Feliz. Seabirds is ideal for this slice of Los Feliz, which is slim on vegan options. The menu stands out in the crowded plant-based restaurant field with all burgers and “cheeses” house-made.Read for more details.