Hermosa Beach Real Estate – By the Numbers

The below chart offers a quick overview of the real estate market in Hermosa Beach as of March 4, 2013.  The month of February saw 12 closed sales with 40 active homes for sale and 32 pending home sales in this small coastal community.  Prices are definitely on the rise and is the case with neighboring Manhattan Beach and Redondo Beach, inventory is at near record lows while demand remains very high.   Click here to view the recent Hermosa home sales by month, or the current MLS list of homes for sale in all areas of Hermosa Beach CA.  The active listings averages and median home prices are skewed somewhat by the oceanfront home for sale at 2666 The Strand priced at $14,250,000.

12 February Closed Sales
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $399,000 4  $  345,000 1 1 1929 450
Max  $4,975,000 1011  $ 4,600,000 5 5 2012 4,040 10,132
Avg  $1,541,167 116  $ 1,476,667 3 2.75 1978 1,929 4,008
Sum  $18,494,000  $ 17,720,000
40 Active Listings
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $335,000    1 1 1920 439 973
Max  $14,250,000 328    6 8 2013 7,000 43,536
Avg  $1,819,950 62    3 3.2 1982 2,117 9,278
Sum  $72,798,000   
32 Pending Sales
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $335,000 1    1 1 1924 440 1,007
Max  $3,289,000 321    4 5 2013 3,700 59,585
Avg  $1,025,369 64    3 2.61 1978 1,755 9,451
Sum  $32,811,800   
Pier Plaza Hermosa Beach

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.

Pier Plaza Hermosa Beach

Hermosa Beach Real Estate & Homes for Sale

Real estate in Hermosa Beach

Hermosa Beach Real Estate & Homes for Sale

Welcome to Hermosa Beach, the center of Los Angeles County’s South Bay. All the best of Southern California lies within, or a short drive away from the one-and-a-half square miles which make up Hermosa Beach. Hermosa Beach couldn’t feel farther away from the hustle and bustle of Los Angeles.

Search The Current Hermosa Beach Homes for Sale

Its approximate 20,000 residents enjoy endless sunshine and beautiful beaches for swimming, surfing, boating, beach volleyball. Other poputlar activities include running, bicycling and rollerblading on the famous “Strand”.  Students in grades K-7 attend award winning schools of the Hermosa Beach City School District and have the option of attending either Mira Costa High School in Manhattan Beach or Redondo Union.

Hermosa Beach homes

There are residences on the Strand, bungalows scattered throughout the sand section, and beautiful homes in the hills with endless ocean views. Lovely properties abound with easy access to incredible shopping, excellent schools and major employers including the LA Air Force Base, Northrup Grumman and various other aerospace companies. Hermosa Beach real estate options consist of single-family homes, townhouses, and condominiums

 

  • Borders Manhattan toe the north and Redondo to the South, west of Valley/Ardmore
  • Lot sizes are generally 30×80 with some lots 30×70 and some “half” lots 30×45
  • Value of the lot dependent on proximity to the beach, view potential and lot size
  • Highly sought after walk streets in the sand section with pedestrian only access
  • Relatively quiet section of Hermosa with a very nice neighborhood feel.
  • Some of the larger lots in the South Bay.
  • Generally located east of Valley/Ardmore and West of Sepulveda
  • Borders Sepulveda to the West and Redondo Beach to the East
  • Many ocean view houses
  • Lot sizes are generally 30×80

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Vista Sotheby's International

Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

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keith.kyle@vistasir.com

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Welcome to Sotheby's International Realty representing buyers and sellers of fine South Bay and Southern California properties

Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby’s International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.