Hermosa Beach Real Estate Market Update – April 2012

Hermosa Beach Real Estate Market Update – April 2012
May 11, 2012 No Comments Hermosa Beach,Market Update,Neighborhood Information Keith Kyle

 

Hermosa Beach Real EstateThe real estate market in Hermosa Beach has been incredible with home inventory reaching a low in January 2012, number of home sales up and prices seeming to be on the rise.  The month of April saw 15 sold homes in Hermosa Beach with 13 of the sales being over the $1.0M mark which is a great sign.  Of the 15 sales none were foreclosures which has also played a role in making for a high median price in the area.

This is quickly becoming a sellers market and if you have considered selling your Hermosa Beach home please contact us to see if we can help.As of May 11, 2012 there are currently 66 active homes for sale in Hermosa Beach, up from a low of 45 in February with 39 homes in escrow which is an impressive number.

MLS# Type   Address  Sales Price  Br/Ba Year Sq Ft Days On Mkt
S12017449 SFR/D 428 Palm DR   $            743,000 2/2.00 1967/ASR 1174 46/253
S11148105 TWNHS/D 1157 Cypress AV   $            981,000 3/3.00 1999/ASR 1961 63/81
S12027618 SFR/D 2434 MANHATTAN AV   $        1,200,000 2/2.00 1931/ASR  
S11046878 SFR/D 924 Loma DR   $        1,230,000 4/3.00 1955/ASR 2754 333/333
V12025029 SFR/D 3314 Highland AV   $        1,310,000 3/2.00 1948/ASR 1314 28/28
S12043564 SFR/A 218 6th ST   $        1,330,000 3/4.00 2007/ASR 1512 0/169
S12007868 SFR/D 2440 Hermosa AV   $        1,650,000 4/4.00 1964/ASR 2399 87/87
S12020078 SFR/D 2123 Hermosa AV   $        2,280,000 4/4.00 2000/ASR 3100 29/29
V12031487 SFR/D 225 33rd ST   $        2,349,000 5/5.00 1962/ASR 3220 37/37
S12001861 SFR/D 2222 Hermosa AV   $        2,735,000 6/6.00 2006/ASR 4450 88/453
S12005838 SFR/D 2461 Myrtle AV   $        2,800,000 4/4.00 2005/ASR 3400 14/112
S12008288 TWNHS/D 651 11th ST   $        1,245,000 4/4.00 1999/ASR 2774 45/45
S12021870 SFR/D 3201 Tennyson PL   $        1,449,000 3/3.00 1971/ASR 2460 3/102
S12031264 SFR/D 1257 17th ST   $        1,060,000 4/3.00 1976/EST 2100  
S11102360 SFR/D 1124 8th ST   $        1,425,000 5/4.00 2012/BLD 3100 201/201

The chart below shows the number of active, pending and closed home sales in Hermosa Beach for the past 12 months.

Hermosa Beach real estate update

 

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, TorranceRealEstateHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

 

About The Author

Leave a reply

Your email address will not be published. Required fields are marked *