Inventory Is Slow This Week, Closings Are Normal. See this week’s results. 7 Day Market Update and Weekend Open House List- Hermosa Beach


11/9/18
2 New Active
0 In Escrow
5 Closed Sales
(see properties below)

65 Active Listings in Hermosa Beach
SFR- 34
TWNHS- 22
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 31 Active listings
Valley Section: 15 Active listings
East Hermosa: 19 Active listings

This is a market snapshot of Hermosa Beach Real Estate over the last 7 days. We are not presenting these properties as our listings. Click the IDX link above to see the recent Active, Pending and Closed properties in HB.

NEW ACTIVE
436 Gentry Listed for $1,650,000 3 bed/3 bath 436 Gentry is a single family home located east of PCH and has ocean views from the kitchen and living room.

1504 Prospect Listed for $1,850,000 3 bed/2 bath1504 Prospect was built in 1935. It appears to need some work, however it has a lot size of 7920 sq. Ft. This home last sold in 1994 for $186K.

IN ESCROW
None this week

CLOSED
2411 Prospect #301 Sold for $789,900 3 bed/2 bathAfter only 19 days and for $10K below the asking price, this one has sold. 2411 Prospect is part of a 63-unit condo complex. This is the first sale in this complex this year. It is typically the lowest priced building in all of Hermosa, although this is a bigger than normal number.

1274 Owosso Sold for $2,228,850 4 bed/3.5 bathThat was a quick sale! They sellers gave a discount of almost $70K. .1274 Owosso is a single-family home located just west of Prospect in the Hermosa hills. This home last sold in 2013 for $1.7M. This was our pick of the week!

1050 Ardmore Sold for $1,550,000 4 bed/4 bathAnother quick sale….3 days on market. 1050 Ardmore is an attached townhome. It was built in 1989 and last sold in 1994 for $385K.

12 The Strand Sold for $5,194,000 4 bed/4 bath 12 The Strand was built in 1987 and has been on and off the market since January, originally starting with an asking price of $7,980,000. Wow…that was a big discount.

1600 Ardmore #301 Sold for $687,000 2 bed/1 bath In 3 ½ months, this condo on Ardmore has sold for $92K below the asking price. The interesting thing about this unit is that it’s a top floor, corner condo. These are highly desirable. I guess the current market spoke.

2 New Listings (click to see)
0 In Escrow (click to see)
5 Closed Sales (click to see)

If you have any questions about the previous properties or any other properties here in Hermosa Beach or the South Bay area, please call or text me direct at 310-613-1690 or email me at dronp@aol.com.

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