Hermosa Beach Real Estate: Recent Sales

Hermosa Beach CA Real Estate continues on the steady pace we've been seeing with sales activity in the teens and the preponderance of sales closing in MLS area 148 - Hermosa Beach Sand Section. Inventory consinues to decline and desirable homes priced well are going into escrow quickly.
Hermosa Beach recorded 19 sales which was an increase of the prior month and surpassed the previous recent high set in June 2011.
There were 11 Sand Section property sales, 1 sale in Hermosa Valley, and 7 in East Hermosa Beach. Single Family Houses continue to be the trend in Hermosa Beach: 15 closed escrow. The balance were condos or townhouses. The lowest price sale was a 2 bedroom condo on Herondo for $458,500 and the most expensive Real Estate was, of course, sold on The Strand for a whopping $12,513,962 to an all cash buyer. Foreclosures? One REO and one short sale. So, the distressed market is somewhat declining.

Here's some "quick stats".

Hermosa Beach Real Estate Sales Data 3-2012

HERMOSA BEACH SAND SECTION SALES

The Hermosa Beach Sand Section is bordered by The Strand and the Pacific Ocean to the West and the Valley Ardmore Greenbelt to the East. There are many single family homes, attached and detached townhouses and condos within walking distance to the beach, downtown Hermosa, restaurants, entertainment and everything else Hermosa Beach has to offer. You can find everything for sale from original beach bungalows to new construction mansions and many homes have ocean views.

HERMOSA BEACH SAND SECTION SALES

ACTIVE SAND SECTION MLS LISTINGS

HERMOSA BEACH VALLEY SALES

Hermosa Beach Valley is bordered by the Valley Ardmore Greenbelt to the West and Pacific Coast Highway (PCH) to the East except for the area north of Pier Avenue where houses West of the Greenbelt are also considered Hermosa Beach Valley. There are many single family homes, attached and detached townhouses and condos within walking distance to the beach, downtown Hermosa, restaurants, entertainment and everything else Hermosa Beach has to offer. You can find everything for sale from original beach bungalows to new construction mansions. Home prices may be slightly lower than just a few blocks further West and for many the quality of life is very similar to their neighbors closer to the beach.

ACTIVE HERMOSA VALLEY MLS LISTINGS

EAST HERMOSA BEACH SALES

East Hermosa Beach is bordered by Pacific Coast Highway (PCH) to the West and Redondo Beach to the East. Although the homes may seem to be quite a distance from the beach, it is a brisk walk or easy bike ride for the physically fit which many Hermosa Beach residents are. Some of the numbered streets offer homes with ocean views which do demand a price premium. Buyers can find an ample supply of single family homes, condos, and attached and detached townhouses for sale.

socalistings.com

Search This Blog

Hermosa Beach Real Estate: Recent Sales

Comments

Post a Comment