As the holidays approach sales are slowing down in the South Bay- Beach Cities of Manhattan Beach, Hermosa Beach, Redondo Beach and El Segundo.
Pending sales seem to holding strong with 64 pending sales in Manhattan Beach, 31 in Hermosa, 67 in North Redondo, 40 in South Redondo and 15 in El Segundo. However as we near the middle of the month closed sales are on the low side.
Hermosa Beach, South Redondo and El Segundo had about the same number of closed escrows for the last two months. Manhattan Beach and North Redondo saw roughly a 25% reduction in the number of sales from September to October.