Knowledge is half the battle and nowhere is that a greater truth than in real estate. Luxury real estate markets demand an even greater level of understanding as Hermosa Beach is often leading the market and trends can change quickly Developing a keen understanding of local markets within the sand section, valley area and Hermosa hills is critical to the decision making process and the more information you have the advantage. As a top realtor in the Hermosa Beach area, I hope that I can help provide that information from market reports to actual knowledge and information gathered from years of experience. The information below can paint a fairly accurate picture of the current market conditions and how they relate to past market as well as where the market may be heading.
Current number of homes for sale as well as pending home sales and recent sales
Average Price Per Square Foot in Hermosa Beach (keep in mind that this is often not the best determinant of value due to significant variables such as proximity to the beach, age, views, etc.
Days on Market (columns) and % of list price homes sold at
Average price for sale and average price for sold homes
Average months of unsold inventory based on closed home sales.