Will The Market Slow Down For The Holidays? 7 Day Market Update and Weekend Open house list- Hermosa Beach


11/3/17
2 New Actives
3 In Escrow
5 Closed Sales
(see properties below)

40 Active Listings in Hermosa Beach
SFR- 25
TWNHS- 7
CONDOS- 2

Actives by Hermosa Areas:
Sand Section: 25 Active listings
Valley Section: 7 Active listings
East Hermosa: 8 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
1754 Valley Park Listed for $3,589,000 4 bed/4.5 bath

1754 Valley is a single family home tucked behind Hermosa Valley school. This home last sold in 1994 for $299,500. 1737 Valley Park across the street is currently in escrow for $2,200,000 (on a 9243 sq. lot) after on and off the market since early 2016.

330 28th Listed for $2,599,000 3 bed/2 bath

330 28th is only 3 blocks to the sand. This single family home last sold in 2008 for $1,449,000.
Here are some other nearby 2017 sales:


IN ESCROW
1215 9th Listed for $1,299,000 3 bed/1 bath

It took only 2 weeks to find a buyer for this property. 1215 9th is 8 houses east of prospect and could potentially have ocean views if a 2nd story was added. This home last sold for $860K in 2013. Turnkey properties like this have a lot of demand in this market.

411 29th Listed for $1,400,00 2 bed/1 bath

In about 3 weeks this one has a buyer and is in escrow. 411 29th is in northern Hermosa, walking distance to the beach and Valley Park. This 1940’s home was last sold in 1975 for $47K. The word on the street is that this one sold with multiple offers for well over the list price.

1235 2nd Listed for $2,149,000 4 bed/4 bath

After over 5 months and a $151K price reduction, this home has a buyer. 1235 2nd hit the market last April for $2,298,000, however after 4 months it didn’t sell. The property last sold in 2010 for $1,150,000.

CLOSED
2818 Morningside Sold for $3,437,000 5 bed/4.5 bath

This gorgeous home sold off-market.

609 Manhattan #B/ 608 Palm Sold for $1,725,000 3 bed/3 bath

608 Palm was listed for 3 months earlier this year as 609 Manhattan Av #B for $1,750,000, however it did not sell. 608 Palm is a 2 on a lot detached town home located a block from the beach. It has ocean views and was purchased in 1997 for $492K.

736 Gould #26 Listed for $1,350,000 3 bed/2.5 bath

In less than 3 weeks, this home sold for almost $50K below asking price. 736 Gould is a 33 unit townhome complex located directly to the west of Hotel Hermosa. Unit 19 sold in August for $1.2M. This unit last sold in 2015 for $935K.

608 5th Sold for $1,635,000 5 bed/4 bath

This one only took 12 days and sold for 36K above asking. It last sold in 2013 for $1,275,000.

925 9th Sold for $$2,225,000 4 bed/3.5 bath

After 2 price reductions, this home sold for $74k below list price. This larger Hermosa hills home was built in 2000. 925 9th last sold in 2011 for $1,475,000.

2 New Listings (click to see)
3 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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