Another Huge Hermosa Sale Before Year End! 7 Day Market Update and Weekend Open House List- Hermosa Beach


12/7/18
3 New Active
3 In Escrow
0 Closed Sales
(see properties below)

47 Active Listings in Hermosa Beach
SFR- 25
TWNHS- 18
CONDOS- 4

Actives by Hermosa Areas:
Sand Section: 19 Active listings
Valley Section: 13 Active listings
East Hermosa: 15 Active listings

With 48 Active listings here in Hermosa, we are still at mid-year inventory levels. The number of closed sales are down about 8% year-to-date VS. last year (192 Closed Sales) and about 17% down from 2016 (216 Closed Sales). As we approach the holidays, activity will likely slow down, although this is a season serious buyers are heavily engaged and unmotivated buyers put their buying process on hold.


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
460 Prospect Listed for $1,300,000 4 bed/1 bath

460 Prospect is perched up on the east side of prospect with ocean views from the living room. This property is also up for lease at $4500 per month. It’s listed for $925 sq. foot. This may appear expensive, however the $1.3M price range is attractive.

1720 Ardmore #212 Listed for $575,000 1 bed/1 bath

1720 Ardmore is a 71-unit complex on Ardmore. The last unit sold, #312 went for $595,000 in October. This unit last sold in 2013 for $ 340K. Check out the blog we posted Wednesday on Hermosa Condos.

1600 Ardmore #328 Listed for $755,000 2 bed/2 bath

1600 Ardmore is 2 bed 2 bath condo. Unit #228 sold for $755K in April.

Check out the blog we posted Wednesday on Hermosa Condos.

IN ESCROW
1932 The Strand Listed for $11,950,000 4 bed/4.5 bath

After a price reduction of $1.25M and 6 ½ months on the market, this home has a buyer. 1932 The Strand is a brand-new construction with massive ocean, water and coastline views. This is a prime location on the Hermosa Strand. The lot was part of a double lot sale for $15,000,000 in 2015. The double lot has since been split into 2 lots. This is the interior lot and the other is located on the corner of the walkstreet and The Strand.

1600 Ardmore #317 Listed for $575,000 1 bed/1 bath

It took 6 months and 74K price discount, however this condo is in escrow. 1600 Ardmore is a 100-unit complex located on the west side of Ardmore. This unit has peak-a-boo views and last sold in 2015 for $455K. This is the first 1 bed, 1 bath sale in this complex this year.

436 Gentry Listed for $1,650,000 3 bed/3 bath

30 days and a $120K price discount equals another Hermosa home sale before the holidays. 436 Gentry is a single-family home located east of PCH that has ocean views from the kitchen and living room.

CLOSED
No new closed this week

3 New Listings (click to see)
3 In Escrow (click to see)
0 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 Darren@Southbay411.com.

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Post by Darren Pujalet

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