5117 Beran Street in Torrance is a brand new listing just hitting the South Bay MLS. April 16th from 12pm-2pm we’ll be hosting a brokers open to showcase the house. 
Located in the Southwood section of Torrance this well maintained home's highlights include recently upgraded bathrooms, double paned windows throughout, gleaming hardwood floors, canned lighting, forced air heating, copper plumbing and an upgraded electrical panel. To get more details or to schedule a private showing go to 5117 Beran St., Torrance.
In 2008 the South Bay Association of Realtor reported that for Hermosa Beach overall housing sales (single family homes, condos/townhouses, residential income) were down 37% compared to 2007. Although 2008 as a whole was a very down year there were some signs of a rebound in December with 12 sales compared to only 7 in December 2007.
You can read the entire market recap at 2008 Hermosa Beach Real Estate Market Report. You can also look at the current Hermosa Beach MLS real estate listings here.
2008 was a unquestionably a difficult year for home sellers in the Torrance real estate market. According to the South Bay Association of Realtor overall sales for the year were down 15% compared to 2007. However there were some interesting market developments towards the end of the year that may indicate a brighter 2009 for sellers.
For the complete analysis of the 2008 real estate market go to Torrance Real Estate Market Recap for 2008.
Results for December put a cap on what was a very tough year for home sellers in Manhattan Beach. According to the South Bay Association of Realtor there were only 14 home sales (single family homes, condos/townhomes, and residential income) for the month of December the exact same number of homes sold in January.
Despite the overall tough market December did show some signs of life. The average price of a sold home actually increased .6% from the start of the year. More telling the percentage of sale price to original list price increased from 91% in January to 96% in December. For the complete Manhattan Beach market analyis go to Manhattan Beach Real Estate Market Recap for 2008.
Overall the sales for the Top 18 South Bay Brokerages dropped dramatically in 2008 compared to 2007. Total unit sales were down 18.3% in 2008. Of even greater significance was the 33.3% drop in total dollar value of all properties sold in 2008. Click for the complete breakdown of the 2008 South Bay Real Estate Brokerage results.
950 Artesia Blvd Hermosa Beach, CA 90254
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