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. 5 beds, 4 baths
    Home size: 3,565 sq ft
    Lot size: 4,900 sqft
    Year built: 2007
    Days on market: 2
  2. 2 beds, 2 baths
    Home size: 1,248 sq ft
    Lot size: 1,201 sqft
    Year built: 1935
    Days on market: 7
  3. 3 beds, 3 baths
    Home size: 2,033 sq ft
    Lot size: 2,506 sqft
    Year built: 1986
    Days on market: 9
  4. 2 beds, 2 baths
    Home size: 913 sq ft
    Lot size: 4,150 sqft
    Year built: 1952
    Days on market: 11
  5. 5 beds, 5 baths
    Home size: 4,234 sq ft
    Lot size: 2,996 sqft
    Year built: 2001
    Days on market: 15

See all Current homes for sale in city of Hermosa Beach.
(all data current as of 11/15/2018)

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