Published September 16, 2021
Will The Market Change? 7 Day Market Update - Hermosa Beach
It still remains to be seen what will happen with the market in the United States and in Hermosa Beach specifically. It has been an extremely long run of growth and interest hikes are looming in the near future (although, we have been saying that for years now).
Inventory is still really low (shocker). With only 38 properties currently on the market, it is one of the lowest inventories we have seen. Hermosa has 20 In Escrow at the moment.
9/17/21
0 Coming Soon
5 New Active
1 In Escrow
6 Closed Sales
(see properties below)
37 Active Listings in Hermosa Beach
SFR- 25
TWNHS- 6
CONDOS- 2
Actives by Hermosa Areas:
Sand Section: 26 Active listings
Valley Section: 4 Active listings
East Hermosa: 7 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
None this week
NEW ACTIVE
632 9th Listed for $2,189,000 4 bed/3.5 bath 2934 sf.
632 9th is an attached townhome east of the greenbelt. 634 9th listed below is in escrow.
Similar activity below:
837 5th A-3 Listed for $975,000 2 bed/2.5 bath 1340 sf.
837 5th is a townhome complex with 8 units. Unit A7 sold last September for $954K.
1257 10th Listed for $1,350,000 3 bed/1.5 bath 1247 sf.
1257 10th is a single family home built in 1961.
501 Herondo #32 Listed for $1,200,000 2 bed/3 bath 1439 sf.
501 Herondo is a complex 3 blocks from the sand on the southern border of Hermosa.
1636 Monterey Listed for $3,800,000 5 bed/3.5 bath 3237 sf.
1636 Monterey is a single family home in the sand section.
IN ESCROW
634 9th Listed for $2,199,000 4 bed/4 bath 2920 sf.
634 9th is an attached townhome with a rooftop deck, just east of the greenbelt.
CLOSED
315 Manhattan Sold for $1,800,000 3 bed/2 bath 1728 sf.
315 Manhattan is a duplex in the sand section. It is a combination of a studio and a 2 bed, 1 bath unit.
635 5th Sold for $2,250,000 4 bed/3.5 bath 2770 sf.
635 5th sold after a slight price reduction and 1 month on the market.
322 31st Sold for $5,050,000 4 bed/5 bath 3304 sf.
322 31st a single family home built in 2016.
722 10th Sold for $2,230,000 4 bed/3.5 bath 2826 sf.
722 10th is a detached townhome built in 2005. This home has ocean views and last sold in 2012 for $1,105,000
164 Hermosa Sold for $1,300,000 2 bed/2.5 bath 1088 sf.
164 Hermosa is an attached townhome in the sand section of Hermosa. This home sold in 2012 for $700K.
1843 Rhodes St Sold for $2,685,000 4 bed/4 bath 3238 sf.
1843 Rhodes is a single family home that sold the first week on the market for $50K over the asking price.
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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