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: 1,746 sq ft
    Lot size: 2,260 sqft
    Year built: 1968
    Days on market: 6
  2. 2 beds, 1 bath
    Home size: 768 sq ft
    Lot size: 4,993 sqft
    Year built: 1921
    Days on market: 6
  3. 5 beds, 7 baths
    Home size: 3,152 sq ft
    Lot size: 2,084 sqft
    Year built: 1954
    Days on market: 8
  4. 4 beds, 3 baths
    Home size: 2,130 sq ft
    Lot size: 2,260 sqft
    Year built: 1933
    Days on market: 10
  5. 4 beds, 4 baths
    Home size: 2,440 sq ft
    Lot size: 4,002 sqft
    Year built: 2018
    Days on market: 13

See all Current homes for sale in city of Hermosa Beach.
(all data current as of 9/18/2018)

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