Wayne Craig - Estate Properties
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05/22/2026
Open House Saturday May 23, 2026 | 2 PM โ 4 PM
2413 Curtis Redondo Beach
Itโs the weekend, and what better way to spend it than by touring a stunning new construction townhome!
Join me Saturday from 2 PM to 4 PM at 2413 Curtis .
This beautiful brand new exceptional townhome has 4-bedrooms, 3.75 -bathrooms and seamlessly blends sophisticated style, advanced technology, and everyday comfort to create an unparalleled living experience.
See you soon!
Courtesy of the listing agent Devra Zandell.
๐ก South Bay Market Report โ November 2025
๐ Regional Takeaway
โข ๐ Pricing: Mixed trends โ modest gains in Torrance, stability in Hermosa, and softening in Manhattan and Redondo.
โข ๐ Inventory: Up in most areas, giving buyers more leverage.
โข โณ Market Pace: Homes taking longer to sell, particularly at higher price points.
โข ๐ต Outlook: Expect a calmer winter season with continued balance between buyers and sellers as the market resets after several strong years.
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๐ด City-by-City Breakdown
Redondo Beach
โข Median Sales Price: $1,507,675 โฌ๏ธ 4.4%
โข Days on Market: 13.5 โฌ๏ธ 37%
โข Median Price per Sq. Ft.: $838 โฌ๏ธ 1.5%
โข Sales Ratio: 27.5% โฌ๏ธ 1.0%
โข Inventory: 218 โฌ๏ธ 15%
โก๏ธ Market remains healthy with strong mid-tier demand, though sales pace is slowing slightly and listings are up compared to last quarter.
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Hollywood Riviera
โข Median Sales Price: $1,475,000 โฌ๏ธ 20.2%
โข Days on Market: 9 โฌ๏ธ 49%
โข Median Price per Sq. Ft.: $929 โฌ๏ธ 11%
โข Sales Ratio: 33.3% โฌ๏ธ 11%
โข Inventory: 33 โฌ๏ธ 8%
โก๏ธ Noticeable dip in median pricing tied to smaller sales mix, but homes are still moving quickly; buyer activity remains solid for well-priced listings.
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Torrance
โข Median Sales Price: $1,144,500 โฌ๏ธ 7.5%
โข Days on Market: 19.5 โฌ๏ธ 17%
โข Median Price per Sq. Ft.: $692 โฌ๏ธ 0.04%
โข Sales Ratio: 32.4% โฌ๏ธ 2%
โข Inventory: 290 โฌ๏ธ 25%
โก๏ธ One of the most active South Bay markets; moderate price growth and expanding inventory point to steady, sustainable demand.
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Hermosa Beach
โข Median Sales Price: $3,862,500 โฌ๏ธ 1%
โข Days on Market: 20.5 โฌ๏ธ 18%
โข Median Price per Sq. Ft.: $1,210 โฌ๏ธ 7.6%
โข Sales Ratio: 25.7% โฌ๏ธ 6%
โข Inventory: 101 โฌ๏ธ 23%
โก๏ธ High-end segment holding firm with limited supply; pricing stable but fewer luxury transactions compared to mid-year.
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Manhattan Beach
โข Median Sales Price: $2,075,000 โฌ๏ธ 6.9%
โข Days on Market: 50 โฌ๏ธ 108%
โข Median Price per Sq. Ft.: $966 โฌ๏ธ 23%
โข Sales Ratio: 26.9% โฌ๏ธ 5%
โข Inventory: 52 โฌ๏ธ 19%
โก๏ธ Cooling trend in luxury sales; properties taking longer to move as buyers become more price-sensitive heading into the holidays.
10/26/2025
๐ข ๐๐ฒ๐ด๐ฎ๐น ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ ๐ณ๐ผ๐ฟ ๐๐ผ๐๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ผ๐๐ถ๐ฑ๐ฒ๐ฟ๐ โ Rental Price Gouging
Los Angeles County has extended its Declaration of Emergency related to rental price gouging through November 28, 2025.
This means rental price-gouging protections remain in effect, and housing providers must continue following the rental cap restrictions tied to the emergency declaration.
โ๏ธ ๐ช๐ต๐ฎ๐ ๐ฌ๐ผ๐ ๐ก๐ฒ๐ฒ๐ฑ ๐๐ผ ๐๐ป๐ผ๐:
โข ๐ญ๐ฌ% ๐ฅ๐ฒ๐ป๐ ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐๐ถ๐บ๐ถ๐:
Housing Providers may not raise rent by more than 10% over the most recent rent paid by a prior tenant or the amount advertised before January 7, 2025.
โข ๐ญ๐ฒ๐ฌ% ๐ผ๐ณ ๐๐ฎ๐ถ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฉ๐ฎ๐น๐๐ฒ ๐ฅ๐๐น๐ฒ:
If a property wasnโt previously rented, owners may charge up to 160% of the HUD Fair Market Value (FMR) for that unit.
๐ Check the latest FMR chart (updated Oct 1, 2025): HUD FMR Charts. https://www.huduser.gov/portal/datasets/fmr.html
๐ซ ๐ฃ๐ฒ๐ป๐ฎ๐น๐๐ถ๐ฒ๐:
๐ฉ๐ถ๐ผ๐น๐ฎ๐๐ถ๐ผ๐ป๐ โ ๐ฒ๐๐ฒ๐ป ๐๐ป๐ถ๐ป๐๐ฒ๐ป๐๐ถ๐ผ๐ป๐ฎ๐น โ ๐ฐ๐ฎ๐ป ๐ฟ๐ฒ๐๐๐น๐ ๐ถ๐ป ๐ณ๐ถ๐ป๐ฒ๐ ๐๐ฝ ๐๐ผ $๐ญ๐ฌ,๐ฌ๐ฌ๐ฌ ๐ฝ๐ฒ๐ฟ ๐ถ๐ป๐ฐ๐ถ๐ฑ๐ฒ๐ป๐.
๐ Stay informed and compliant to avoid penalties and ensure fair housing practices.
Fair Market Rents (40th PERCENTILE RENTS) | HUD USER Secure .gov websites use HTTPS A lock ( ) or https:// means youโve safely connected to the .gov website. Share sensitive information only on official, secure websites.
10/12/2025
Open House Sunday October 12, 2025 | 1 PM โ 4 PM
575 Esplanade Unit #102, Redondo Beach
Itโs the weekend, and what better way to spend it than by touring a stunning home just steps from beach!
Join me today from 2 PM to 4 PM at 575 Esplanade Unit #102 right above the beach and bike path.
This beautiful 3-bedroom, 2-bathroom open-floor town home is nicely remodeled with a luxurious primary bedroom suite, and an outdoor lifestyle just a short from Riviera Village, the Redondo Beach Pier, top-rated restaurants, and Veteranโs Park.
Stop by to say hello, and picture your life by the beach.
Click here to claim your Sponsored Listing.
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Manhattan Beach, CA
90266