Published October 28, 2021
Hello New Home…Where Are You? Not A Single New Active Listing This Week? 7 Day Market Update - Hermosa Beach
Wow….where is my new home??? That is what many active buyers are currently saying. We do not have a single new listing this week in Hermosa Beach. And, with only 24 properties for sale citywide, inventory is the lowest I’ve seen over my entire career in Real Estate.
Yes, we are going into the beginning of the holiday season.
Yes, kids are back in school and people aren’t moving as much.
Yes, there is pent up demand and buyers are still actively looking.
No, there is not an abundance of available options.
Market movement is tied to the amount of inventory available, hence we will likely see less properties in escrow over the next few weeks. Is this a sign that the holiday season will be slow? Well, let’s see if more properties come up next week. This is an amazing time to be a seller. Buyers unfortunately, do not have many options.
10/29/21
0 Coming Soon
0 New Active
8 In Escrow
4 Closed Sales
(see properties below)
25 Active Listings in Hermosa Beach
SFR- 14
TWNHS- 6
CONDOS- 3
Actives by Hermosa Areas:
Sand Section: 15 Active listings
Valley Section: 6 Active listings
East Hermosa: 4 Active listings
CURIOUS WHAT PROPERTIES ARE AVAILABLE OFF-MARKET?
(See bottom of email thread for more information)
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.
COMING SOON
NEW ACTIVE
IN ESCROW
841 13th Listed for $1,849,000 4 bed/2 bath 1978 sf.
841 13th is a single family home built in 1921.
1720 Ardmore #312 Listed for $679,999 1 bed/1 bath 691 sf.
1720 Ardmore went into escrow quickly.
644 10th Listed for $1,999,500 4 bed/3.5 bath 2463 sf.
644 10th is a detached townhome in the Valley. This home sold right away.
531 Pier #21 Listed for $799,000 3 bed/2 bath 1300 sf.
531 Pier is part of the Marineland community on Pier Avenue.
1257 10th Listed for $1,350,000 3 bed/1.5 bath 1247 sf.
1257 10th is a single family home built in 1961.
1075 7th St Listed for $1,995,000 3 bed/2.5 bath 3000 sf.
1075 7th is a detached townhome in east Hermosa with some views.
This home sold in 2015 for $1,585,000.
918 15th Listed for $2,299,000 3 bed/3 bath 2583 sf.
918 15th is an attached townhome just east of PCH.
201 24th Listed for $4,150,000 3 bed/2 bath 1300 sf.
201 24th is a single family home on the corner of 24th St. and Manhattan Avenue in the sand section. This home sold for $2,750,000 in 2017. This time, it sold after 10 days on the market.
CLOSED
232 26th Sold for $4,700,000 4 bed/4.5 bath 3500 sf
232 26th is a single family home sold for under asking price.
1600 Ardmore #134 Sold for $595,000 1 bed/1 bath 607 sf.
1600 Ardmore #134 is the first 1 bedroom in this complex to hit the market this year.
830 10th Sold for $1,985,000 4 bed/4 bath 2412 sf.
830 10th is a single family home just east of PCH with views. This home has been on and off the market since early February.
1619 Monterey Sold for $2,800,000 3 bed/2.5 bath 2124 sf.
1619 Monterey is a single family home in the sand section.
CURIOUS WHAT PROPERTIES ARE AVAILABLE OFF-MARKET?
Have you been looking for a home or investment property, and haven't been able to find what you're looking for….or missed out on an opportunity?
We have access to a network of off-market and coming soon properties.
Describe and share with us what you're looking for and we will let you know what is currently available and/or search for some options that you may never be able to find online or on the market.
DO YOU HAVE EVEN A REMOTE THOUGHT OF SELLING....WHAT YOU SHOULD KNOW?
If you’re considering selling, please call me to discuss some of your unique options, a few crucial challenges you can avoid, and how to maximize your return. We have some valuable insights you should know before putting your home up for sale.
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 directly at 310-613-1690 or email me at Darren@SouthBay411.com.
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