Real Estate

We Are Outpacing 2019 In Sales!! 7 Day Market Update – Hermosa Beach

The market is very busy. We currently have 33 properties in escrow here in Hermosa and 57 active properties for sale. That is less than 2 months of inventory (low). Year-to-date, we have had 86 closed sales, 4 sales ahead of last year’s 82. Even …

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Has Covid Affected Our Property Sales??? 7 Day Market Update – Hermosa Beach

Amazing…our year-to-date sales are actually up from last year, even after almost 3 months of the “Stay At Home” lockdown, the challenges in showing real estate & holding open houses, and market uncertainty. We have had 82 closed sales this year in Hermosa Beach, …

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We Have Had A Post “Stay At Home Order” Market Surge! 7 Day Market Update – Hermosa Beach

6/19/2020

5 New Active

5 In Escrow 

5 Closed Sales 

(see properties below)

55 Active Listings in Hermosa Beach

SFR- 32

TWNHS- 14

CONDOS- 5

Actives by Hermosa Areas:

Sand Section: 38 Active listings 

Valley Section: 8 Active listings 

East Hermosa: 10 Active listings

CURIOUS WHAT PROPERTIES ARE AVAILABLE OFF-MARKET?
(See bottom of email thread for more information)

This …

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Spring/Summer Activity….In Motion! 7 Day Property Update – Hermosa Beach

Given the state of affairs so far this year, the market has produced some positive numbers. We only have 2 months of active inventory, however 18 of the 62 active properties are tracking 100+ days on market. 37 of the 62 properties have only been …

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South Bay Home Sales Are On The Rise. 7 Day Market Update – Hermosa Beach

Hermosa has remained steadily active over the last 3 to 4 weeks, with pending (26 in escrow) properties sharply up. Currently, there are 62 active & coming soon properties for sale. In comparing the month of May 2020 vs. 2019, the chart shows the same number …

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Spring Is Here….In The Summer. The Market Is Ramping Up. 7 Day Market Update – Hermosa Beach

Properties have been moving recently, largely due to lower inventory, lower interest rates and several months of pent up demand during Covid-19 season. In Hermosa, we have 4 coming soon properties and 55 properties actively for sale. 

I am hearing rumors of multiple offer and All-Cash …

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Is The Spring Selling Season Starting Right Before Summer? 7 Day Market Update – Hermosa Beach

Market activity has improved over the last 2 to 3 weeks here
in Hermosa. Inventory is still low, however as often the case, there is a
percentage of properties that will collect days on market due to lack of
appeal, price, functionality, etc. Of the 9 pending …

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The Market Is Active This Week In Hermosa…7 Day Market Update – Hermosa Beach

The market is ramping up in activity again. Many have predicted that we will see a delayed Spring selling season once the current restrictions start loosening up….we will see. The beaches are open, the sun is out and the closings are up in numbers. …

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Real Estate Is Opening up…7 Day Market Update – Hermosa Beach

Now that business and the Real Estate industry appears to be opening up, it’s a positive sign to see5 new escrows this week. With only 12 properties currently pending throughout the entire city, 5 escrows in one week represents encouraging activity. It looks like this …

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Another Big Strand Sale during Covid….7 Day Market Update – Hermosa Beach

5/1/2020

5 New Active

1 In Escrow

1 Closed Sales

(see properties
below)

55 Active Listings in
Hermosa Beach

SFR- 25

TWNHS- 17

CONDOS- 3

Actives by Hermosa
Areas:

Sand Section:             33
Active listings

Valley Section:             10
Active listings

East Hermosa:             12
Active listings

CURIOUS
WHAT PROPERTIES ARE AVAILABLE OFF-MARKET?
(See bottom of email thread
for more information)

This is a market
snapshot of …

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New listings are coming on the market, but are they moving…7 Day Property Market Update – Hermosa Beach

Properties are still hitting the market and a few have
closed over the last two weeks, however the number of new escrows are way down.
There are 10 properties currently in escrow citywide, however several of them went
into escrow prior to the beginning of the pandemic explosion. …

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Covid-19 & The Hermosa Market…What Lies Ahead – 7 Day Market Update – Hermosa Beach

Covid-19 & The Hermosa Market…What Lies Ahead

Real Estate showings have slowed down considerably due to the virus and the Stay At Home order. This is evident by the number of new pending sales this week.

NPR posted a small graph today comparing California, New
York and …

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Due to Covid-19, Properties Are Being Put “On Hold” (Hidden Inventory) – Hermosa Beach

Are we going crazy yet? This is a very unique time on the planet, in our country and in our neighborhood. The economy has largely come to a halt and every industry has its own story.

Currently, Real Estate has been affected by the requirement to …

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Corona Virus and The Market Shift – 7 Day Market Update – Hermosa Beach

Corona Virus and The Market Shift

Wow…what an era we are living in! As most of us are captive in our homes, we are asking what is going on with the economy (and more specifically the Real Estate market) and what we should do?C.A.R. (California …

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See What Happened This Week…7 Day Market Update and Weekend Open House List – Hermosa Beach

2/21/2020

5 New Active

4 In Escrow

3 Closed Sales

(see properties
below)

49 Active Listings in
Hermosa Beach

SFR- 30

TWNHS- 12

CONDOS- 3

Actives by Hermosa
Areas:

Sand Section:             29
Active listings

Valley Section:             7
Active listings

East Hermosa:             13
Active listings

CURIOUS WHAT PROPERTIES ARE AVAILABLE OFF-MARKET?

Have you been looking for a home or investment property, …

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

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

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Thumbnail image for Hermosa Condos….How Do They Stack Up In Value?

Hermosa Condos….How Do They Stack Up In Value?

Most of us have seen the amount of new construction being built and watched home prices soar over the last 6-7 years. You may ask yourself, how have condos performed during this period of time? Condos (not including townhomes) are typically the most affordable and …

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Thumbnail image for Look At This Year’s New Construction Trend…7 Day Market Update and Weekend Open House List – Hermosa Beach

Look At This Year’s New Construction Trend…7 Day Market Update and Weekend Open House List – Hermosa Beach

New construction is still moving the needle here in the South Bay. Here in Hermosa,
we currently have a lot of active, in escrow and closed 2018 new construction builds.

2018 Built:
15- Active for sale
5- In Escrow
19- Closed Sales

The new construction properties currently active are averaging more …

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Is The Market Taking A Break Over The Holidays? 7 Day Market Update and weekend open house list – Hermosa Beach

11/16/18
2 New Active
2 In Escrow
0 Closed Sales
(see properties below)

61 Active Listings in Hermosa Beach
SFR- 32
TWNHS- 22
CONDOS- 3

Actives by Hermosa Areas:
Sand Section: 30 Active listings
Valley Section: 13 Active listings
East Hermosa: 18 Active listings

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

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

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Thumbnail image for Post Halloween Hermosa Property Update–7 Day Market Updated and Weekend Open House List-Hermosa Beach

Post Halloween Hermosa Property Update–7 Day Market Updated and Weekend Open House List-Hermosa Beach

11/2/18
3 New Active
4 In Escrow
2 Closed Sales
(see properties below)

63 Active Listings in Hermosa Beach
SFR- 32
TWNHS- 22
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 30 Active listings
Valley Section: 15 Active listings
East Hermosa: 18 Active listings

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Thumbnail image for A Refreshing Amount Of Quick Home Sales! See More….7 Day Market Update and Weekend Open House List-Hermosa Beach

A Refreshing Amount Of Quick Home Sales! See More….7 Day Market Update and Weekend Open House List-Hermosa Beach

10/26/18
4 New Active
2 In Escrow
4 Closed Sales
(see properties below)

60 Active Listings in Hermosa Beach
SFR- 29
TWNHS- 22
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 28 Active listings
Valley Section: 14 Active listings
East Hermosa: 18 Active listings

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We Saw Some Major Price Reductions This Week….7 Day Market Update and Weekend Open House List – Hermosa Beach

10/19/18
1 New Active
2 In Escrow
4 Closed Sales
(see properties below)

62 Active Listings in Hermosa Beach
SFR- 32
TWNHS- 21
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 31 Active listings
Valley Section: 14 Active listings
East Hermosa: 17 Active listings

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Thumbnail image for Another Celebrity Sells In Hermosa…..Busy Market! 7 Day Market Update and Weekend Open House List-Hermosa Beach

Another Celebrity Sells In Hermosa…..Busy Market! 7 Day Market Update and Weekend Open House List-Hermosa Beach

10/12/18
6 New Active
2 In Escrow
4 Closed Sales
(see properties below)

61 Active Listings in Hermosa Beach
SFR- 33
TWNHS- 20
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 31 Active listings
Valley Section: 13 Active listings
East Hermosa: 17 Active listings
Another interesting week in the Hermosa market…our local celebrity and Jackass Star Weeman just …

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WOW…One Of The Years Busiest Weeks In The Market. 7 Day Market Update and Weekend Open House List – Hermosa Beach

10/5/18
6 New Active
5 In Escrow
5 Closed Sales
(see properties below)

56 Active Listings in Hermosa Beach
SFR- 29
TWNHS- 19
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 29 Active listings
Valley Section: 10 Active listings
East Hermosa: 17 Active listings

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Thumbnail image for A Few New Gems Have Hit The Market! 7 Day Market Update and Weekend Open House List- Hermosa Beach

A Few New Gems Have Hit The Market! 7 Day Market Update and Weekend Open House List- Hermosa Beach

9/28/18
3 New Active
6 In Escrow
4 Closed Sales
(see properties below)

58 Active Listings in Hermosa Beach
SFR- 30
TWNHS- 21
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 29 Active listings
Valley Section: 10 Active listings
East Hermosa: 19 Active listings

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Thumbnail image for Inventory Is Picking Up…What Does That Mean For Sellers? 7 Day Market Update and Weekend Open House List-Hermosa Beach

Inventory Is Picking Up…What Does That Mean For Sellers? 7 Day Market Update and Weekend Open House List-Hermosa Beach

9/21/18
5 New Active
3 In Escrow
1 Closed Sales
(see properties below)

63 Active Listings in Hermosa Beach
SFR- 32
TWNHS- 22
CONDOS- 7

Actives by Hermosa Areas:
Sand Section: 31 Active listings
Valley Section: 12 Active listings
East Hermosa: 20 Active listings

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Thumbnail image for Would Your Property Sell For 8 Times As Much As You Paid For It? This One Did! 7 Day Market Update and Weekend Open House List – Hermosa Beach

Would Your Property Sell For 8 Times As Much As You Paid For It? This One Did! 7 Day Market Update and Weekend Open House List – Hermosa Beach

9/14/18
4 New Active
2 In Escrow
4 Closed Sales
(see properties below)

63 Active Listings in Hermosa Beach
SFR- 31
TWNHS- 24
CONDOS- 6

Actives by Hermosa Areas:
Sand Section: 33 Active listings
Valley Section: 12 Active listings
East Hermosa: 18 Active listings

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Thumbnail image for Let The Fall Begin…..7 Day Market Update and Weekend Open House List – Hermosa Beach

Let The Fall Begin…..7 Day Market Update and Weekend Open House List – Hermosa Beach

9/7/18
7 New Active
5 In Escrow
5 Closed Sales
(see properties below)

60 Active Listings in Hermosa Beach
SFR- 30
TWNHS- 21
CONDOS- 7

Actives by Hermosa Areas:
Sand Section: 32 Active listings
Valley Section: 13 Active listings
East Hermosa: 15 Active listings

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Thumbnail image for New Inventory Coming….Happy Labor Day.  7 Day Market Update and Weekend Open house List- Hermosa Beach

New Inventory Coming….Happy Labor Day. 7 Day Market Update and Weekend Open house List- Hermosa Beach

8/31/18
1 New Active
3 In Escrow
4 Closed Sales
(see properties below)

58 Active Listings in Hermosa Beach
SFR- 30
TWNHS- 19
CONDOS- 7

Actives by Hermosa Areas:
Sand Section: 32 Active listings
Valley Section: 12 Active listings
East Hermosa: 14 Active listings

Read the full article →
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