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. 4 beds, 4 baths
    Home size: 2,303 sq ft
    Lot size: 5,032 sqft
    Year built: 1954
    Days on market: 9
  2. 5 beds, 5 baths
    Home size: 3,616 sq ft
    Lot size: 2,461 sqft
    Year built: 2017
    Days on market: 14
  3. 5 beds, 8 baths
    Home size: 6,968 sq ft
    Lot size: 9,623 sqft
    Year built: 2006
    Days on market: 14
  4. 2 beds, 1 bath
    Home size: 1,029 sq ft
    Lot size: 3,411 sqft
    Year built: 1928
    Days on market: 16
  5. 3 beds, 2 baths
    Home size: 1,832 sq ft
    Lot size: 2,401 sqft
    Year built: 1927
    Days on market: 21

See all Current homes for sale in city of Hermosa Beach.
(all data current as of 11/23/2017)

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