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Single Family Homes for sale in Hermosa Beach Sand Section

Today there are currently 25 homes for sale in the sand section of Hermosa Beach. They start at $$829,000. Of these 25 homes listed for sale only 1 is a REO (bank owned property). The other 24 are standard sales. For more information about the Hermosa Beach Real Estate Market contact Kathy and Rachel.

Listed below is the market trend for SINGLE FAMILY RESIDENCES only in Hermosa Beach Sand Section

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Jul. 11 Jun. 11 % Change Jul. 11 Jul. 10 % Change May. 11 to Jul. 11 May. 10 to Jul. 10 % Change
For Sale 23 28 -17.9% 23 45 -48.9% 26 46 -43.5%
Sold 6 3 100% 6 4 50% 6 3 100%
Pended 6 5 20% 6 3 100% 6 4 50%
Date 5/10 6/10 7/10 8/10 9/10 10/10 11/10 12/10 1/11 2/11 3/11 4/11 5/11 6/11 7/11
For Sale 47 46 45 43 38 30 28 24 27 31 35 32 26 28 23
New Listing 10 7 9 8 8 5 6 2 9 9 9 5 7 7 7
Sold 1 3 4 7 6 4 4 3 2 3 1 5 9 3 6
Pended 5 3 3 7 4 5 2 2 3 3 2 6 8 5 6
Months of Inventory (Closed Sales) 47 15.3 11.3 6.1 6.3 7.5 7 8 13.5 10.3 35 6.4 2.9 9.3 3.8
Months of Inventory (Pended Sales) 9.4 15.3 15 6.1 9.5 6 14 12 9 10.3 17.5 5.3 3.3 5.6 3.8
Absorption Rate (Closed Sales) % 2.1 6.5 8.9 16.3 15.8 13.3 14.3 12.5 7.4 9.7 2.9 15.6 34.6 10.7 26.1
Absorption Rate (Pended Sales) % 10.6 6.5 6.7 16.3 10.5 16.7 7.1 8.3 11.1 9.7 5.7 18.8 30.8 17.9 26.1
Avg. Active Price 4156 3962 4080 4047 3795 3433 3583 4013 3984 4276 4396 4512 3679 3530 3901
Avg. Sold Price 2140 986 1536 1670 1642 3362 2672 1083 962 1325 1640 1516 5324 1579 2876
Avg. Sq. Ft. Price 894 938 849 717 690 1050 1048 732 538 922 628 708 1250 696 965
Sold/List Diff. % 93 91 94 93 98 91 87 93 94 95 115 97 85 95 88
Sold/Orig LP Diff. % 93 87 92 90 90 88 77 92 90 94 115 96 69 94 68
Days on Market 48 83 68 88 122 138 113 78 135 28 10 30 223 153 201
Median 2140 900 1405 1650 1463 3100 2683 1050 963 1275 1640 1318 1875 1831 2325

* All reports are published August 2011, based on data available at the end of July 2011. All reports presented are based on data supplied by the CARETS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed
Posted Thursday Sep 08