September Property Sales and Home Prices in Hermosa Beach CA

September was a great month for both the number of home sales and home prices as well.  The market continued to be impressive with 20 homes, townhomes and condos selling in September of 2020.  That was a nice increase over the 16 a year earlier and the average days on market before selling was a very short 21 compared with 50 in September of 2019.  The median price was a very impressive $2,143,000.

View the current homes for sale in Hermosa Beach CA

September 2020 Home Sales

Type Address Price $ Per Foot Bed/Bath Sq Feet Year
CONDO/A 446 Monterey BLVD #L1 $1,185,000 $890 3/2,0,0,0 1331/A 1987/APP
TWNHS/A 427 Manhattan AVE $1,250,000 $1,099 2/1,1,1,0 1137/A 1986/PUB
SFR/D 107 Manhattan AVE $1,750,000 $805 3/2,0,0,0 2173/A 1924/ASR
TWNHS/A 102 8th ST $1,825,000 $913 3/3,0,0,0 2000/A 2002/ASR
SFR/D 347 29th ST $2,000,000 $2,262 2/1,0,0,0 884/A 1947/ASR
TWNHS/D 804 Bard ST $2,100,000 $979 3/2,0,1,0 2146/B 2020/SLR
TWNHS/A 1019 Monterey BLVD $2,199,000 $1,139 3/3,0,0,1 1930/A 1998/ASR
DPLX/A 815 Cypress AVE $2,380,000 $864 5/4,0,1,0 2756/O 1965/ASR
TWNHS/D 1220 Sunset DR $2,650,000 $1,118 3/3,0,1,0 2370/A 2005/PUB
TWNHS/D 1612 LOMA DRIVE #B $2,915,000 $1,154 4/3,0,1,0 2525/B 2020/ASR
SFR/D 231 29th ST $3,700,000 $1,014 4/4,0,1,0 3650/A 2007/ASR
SFR/D 2461 Myrtle AVE $4,200,000 $1,351 4/0,4,0,0 3108/A 2004/ASR
SFR/D 539 2nd ST $1,755,000 $771 3/0,2,1,0 2277/A 1978/ASR
SFR/D 2904 Hermosa View DR $3,999,000 $1,176 4/3,0,0,0 3400/A 1967/ASR
TWNHS/A 837 5th ST #A-7 $954,000 $712 2/1,1,1,0 1340/A 1981/ASR
SFR/D 1204 11th PL $1,350,000 $993 3/2,0,0,0 1360/E 1952/ASR
SFR/D 1536 Bonnie Brae ST $1,500,000 $1,130 3/2,0,0,0 1328/A 1952/ASR
SFR/D 1218 2nd ST $1,645,000 $942 3/1,1,0,0 1746/A 1968/ASR
SFR 1830 Rhodes ST $1,720,000 $809 3/1,1,1,0 2126/ 1984
SFR/D 320 Prospect AVE $1,785,000 $750 4/3,0,1,0 2380/A 2002/ASR

Hermosa Beach Real Estate Market Update – September at a Glance

Welcome to Hermosa Beach real estate at a glance. The market continues to be very hot with 20 properties selling in September.  That was a nice increase over the 16 a year earlier and the average days on market before selling was a very short 21 compared with 50 in September of 2019.  The median price was a very impressive $2,143,000.  View all of the homes that sold during the month.

View all of the current homes for sale in Hermosa Beach

Hermosa Beach Real Estate – Market Trends

Hermosa Beach had a really solid July with 27 closed sales during the month which is a very big number for a very small town.  That’s almost double the norm and compared with the 13, 10 and 18 home sales over the previous 3 months you can get an idea as to how busy it was.  What’s equally impressive was the 28 homes that went into escrow during the month as well meaning August should be equally impressive.  Click here to view the homes that sold in Hermosa Beach during July 2020.

View the current homes for sale in Hermosa Beach

 

How Does The Hermosa Beach Real Estate Market Stack Up in June?

June 2020 saw a nice uptick in real estate sales with almost double the number of sales compared with May. Unlike most South Bay cities June was not the highest number of sales for the year but it wasn’t far off.

The chart below shows the number of active homes for sale in Hermosa Beach (light green) the number of sold homes in Hermosa Beach (dark green) and the number of pending home sales (red bar)

May 2020 Real Estate Update – Hermosa Beach House Sales and Home Prices

Hermosa Beach Real Estate Market Update - May 2020

May was a slower but steady month for real estate in Hermosa Beach with 10 on market home sales.  While the number of home sales was slower the rest of the numbers were impressive.  The median list price was $2,049,500 with the median price of the homes that sold was $1,925,000.  The average price per foot was over $1000 a foot at $1085.97.  Average days on market was 27 and the median number of days on market for sold homes was a fairly amazing 6.

May 2020 Home Sales and house prices in Hermosa Beach

 

MLS#
Type
 Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Sold Date
SB20030796
CONDO/A
7272nd ST   #101
$430,000
$1,048.78
0/0,0,1,0
410/A
2007/ASR
5/11/2020
SB20091970
SFR/D
1515Monterey BLVD  
$1,340,000
$1,509.01
2/1,0,0,0
888/A
1930/ASR
5/15/2020
SB20027671
SFR/D
2818Hermosa AVE  
$4,400,000
$1,274.99
4/3,0,1,0
3451/A
1982/ASR
5/11/2020
SB20050633
SFR/D
1601Manhattan AVE  
$4,975,000
$1,421.43
4/4,0,1,0
3500/B
2020/BLD
5/5/2020
SB20082220
SFR/D
12530th ST  
$5,800,000
$1,767.22
4/4,0,1,0
3282/D
2020/BLD
5/8/2020
SB20071504
CONDO/A
1720Ardmore AVE   #325
$645,000
$833.33
1/1,0,0,0
774/A
1970/ASR
5/6/2020
SB20016364
TWNHS/D
619Longfellow Ave   
$2,950,000
$931.48
4/3,0,1,0
3167/B
2020/BLD
5/18/2020
20568958
SFR
124619TH ST  
$1,685,000
$840.40
3/2,0,1,0
2005/A
1986
5/13/2020
20558026
SFR
1326OWOSSO AVE  
$1,750,000
$668.19
4/3,0,0,0
2619/D
1986
5/8/2020
SB20015596
SFR/D
12769th ST  
$2,100,000
$564.82
4/3,0,1,0
3718/A
2013/ASR
5/6/2020

May 2020 is a Neutral market*

Home For Sale in May 2020: 56 units.

Up 3.7% compared to last month
0% compared to last year


Home Closed in May 2020: 10 units.

Down 23.1% compared to last month
Down 16.7% compared to last year


Home Placed under Contract in May 2020: 27 units.

Up 350% compared to last month
Up 50% compared to last year


*Buyer’s market: more than 6 months of inventory based on closed sales
 Seller’s market: less than 3 months of inventory based on closed sales
 Neutral market: 3 – 6 months of inventory based on closed sales