Is the Hermosa Beach Market Calming Down?

Hermosa Beach has seen prices rise as demand has boiled over due to several months of very low home inventory but perhaps we’re starting to see that even out just a bit. The number of homes for sale has stayed relatively flat for 3 months now despite significant pressures due to pent up demand.  Click to view the active homes for sale in Hermosa Beach.

In addition we’ve seen an increase in months of inventory due to a higher number of new listings as of late. Inventory had been slowly declining for the past 12 months with December reaching a low point of only 1.2 months of inventory on the market. January saw a jump up to 4 months but as Hermosa is a very small community numbers do tend to fluctuate on occassion.

 

  1. 3 beds, 2 baths
    Home size: 1,144 sq ft
    Lot size: 3,599 sqft
    Year built: 1952
    Days on market: 2
  2. 4 beds, 5 baths
    Home size: 2,900 sq ft
    Lot size: 4,486 sqft
    Year built: 2005
    Days on market: 2
  3. 3 beds, 2 baths
    Home size: 968 sq ft
    Lot size: 1,358 sqft
    Year built: 1924
    Days on market: 2
  4. 2 beds, 1 bath
    Home size: 889 sq ft
    Lot size: 3,302 sqft
    Year built: 1924
    Days on market: 7
  5. 3 beds, 3 baths
    Home size: 1,737 sq ft
    Lot size: 2,455 sqft
    Year built: 1959
    Days on market: 7

See all Current homes for sale in city of Hermosa Beach.
(all data current as of 4/27/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.