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Hermosa Beach Real Estate Market Update – April 2012
The 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.
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.