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November 30, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Hermosa Beach, California

Reported by Maddy Cespedes, REALTOR

Updated October 3, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

There has been 14 residential sales in the month of September 2009 with 89 days average days in the market. The least expensive residence that sold was a 1bd/1ba condo unit for $382,500 on PCH and the most expensive sale was for a brand new single family residence on Hermosa Ave for $ 2,300,000.
Currently, there are 119 properties for sale or 8.5 months worth of inventory. Median price this month is $865,000.

ZIP Code: 90254

Location Characteristics: Hermosa Beach is the center of Los Angeles County's South Bay coastline. The community takes pride in its abundance of outdoor beach activities which include surfing, swimming, volleyball, paddleball and sunbathing. At night, there is plenty of entertainment for all ages. Trendy restaurants, taverns, comedy clubs and theatres.

For More Information:

View Market Conditions of other areas served by Maddy Cespedes

Navigate: Top > California > Hermosa Beach

About Maddy Cespedes:
I've been living in the South Bay area for 20 years. For the last 12 years, my family and I lived in Manhattan Beach. My kids attend Manhattan Beach Public Schools which are within the best schools in the country. I love working with people and enjoy helping them find and
sell their homes. Being honest and able to provide excellent service to my clients is my priority. I also speak Spanish and Italian. Please call me for a consultation. I am always available!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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