See the Hermosa Beach Home Sales for August 2017

August was a busy month in Hermosa Beach and the South Bay with 24 homes selling at an average price of $2,303,000 which is a HUGE number.  Average price per foot topped $1000 for the first time since we can remember.  Click on any link below to see the home sales for that month.

If you’re looking for a home take advantage of our FREE email listing updates.  Tell us a bit about your dream home and we’ll send listing updates when a new home hits the market.

The Most Expensive House Ever on the Market East of PCH

826 18th Street Hermosa Beach

The area east of PCH in Hermosa Beach is generally the least expensive neighborhood in this small coastal community due to the fact that it’s the furthest from the beach.  Homes vary in prices with most new construction for single family homes coming on the market in the lower $2.0Ms to the low $3.0Ms for a home on an oversized lot.  The recent listing at 826 18th in the Hermosa hills certainly blows that average price range away.  Recently listed at $4.2M this much larger than normal home sits on an healthy 5,500 foot lot with some very nice ocean views.  It is relatively close to PCH and it will certainly be an interesting one to watch as the current price would exceed anything that has sold in the past.  Click here for more information and photos of 826 18th Street, Hermosa Beach home for sale.

BED / BATH:  5/ 4 1/2
SQFT:  4,100 (estimated)
PRICE PER SQFT:  $1,024.39
LOT:  5,500
GARAGE:  Attached 2 car
YEAR BUILT:  2017
TYPE:   Single family home
LISTING ID:  SB17111561

Coming Soon – Off Market Single family Home for Sale at 541 Gravely Court Hermosa Beach

Coming soon to Hermosa Beach, 541 Gravely Court.  This off market single family home is charming, bright, move in ready and in a great location! This charming single family home in the Hermosa Hills is located on a quiet cul-de-sac, has been upgraded throughout and is as beautiful inside as out. The home enjoys plenty of natural light with an open and inviting floorplan. Indoor features include two large bedrooms with far more space than the traditional 2 bedroom home, tiled kitchen and living room, new windows and shutters and direct access to both the front and rear patios through beautiful french doors. The outdoor areas have been meticulously landscaped and includes a beautiful terraced backyard with an oversized deck and fire pit. Second and third floors would have big ocean views. Live in now and build later!  Contact Hermosa Beach listing agent Keith Kyle with Vista Sotheby’s International for more information.


 

Happy Thanksgiving from Hermosa Beach Homes

From our family to yours we wanted to wish you a very happy Thanksgiving.Whether you’re celebrating on the Strand, the sand section,or Hermosa Valley we hope you have a wonderful holiday.

Happy Thanksgiving from Hermosa Beach Homes and Realtor Keith Kyle

happy-thanksgiving

Hermosa Beach’s Most Affordable Homes – The Victorian

By Keith Kylethe-victorian-condos-hermosa-beach

Although there are occasional exceptions, the most affordable housing in Hermosa Beach is often in the complex located at 2411 Prospect known as the Victorian.  The Victorian is made up of 1, 2 and 3 bedroom condos ranging from 598 sq feet to 1,230 square feet for the rare 3 bedroom units.

the-victorian-pool-hermosa-beachThe Victorian was built in 1972-1973 so some of the homes are original and very much “fixers” while others are beautifully remodeled and look like model homes.  All units are individually owned and with 64 total units there are generally between 5-7 homes that come on the market each year.

The Victorian offers underground parking (in a shared lot but designated spaces), a pool, laundry room (units do not have interior laundry) and a nice courtyard area.  Although the building is located the-victorian-hermosa-beachabout as far east as Hermosa gets, the fact that the city is so small means it’s still just a short bike ride to the beach.

The prices have varied but 1 bedroom condos have generally sarted in the low $400,000s over the past 2 years.

If you would like to be notified of any new condos for sale in the Victorian in Hermosa Beach please fill out our FREE listing update form and let us know what you’re looking for.

 

August 2016 Home Sales and Home Prices in Hermosa Beach CA

By Keith KyleOcean View Townhomes in Hermosa Beach

August 2016 was a solid month for homes throughout the South Bay with Hermosa Beach seeing a sizable median increase from August of 2015.  Hermosa Beach saw 22 closed home sales in the month of August with a median home price of $1,723,000.  As of October 25th 2016 there are 112 active homes and income properties for sale in Redondo Beach and 129 homes currently in escrow.  The lowest priced sale in August was a 1 bedroom condo in The Victorian on Prospect at $425,000 with the highest sale at $6,450,000 for an oceanfront Strand home on a half lot.    View the current homes for sale in Hermosa Beach, CA or view a list of the homes sold in Hermosa Beach and the South Bay in August.

City Homes
Sold
August
2016 Median
August
2015 Median
Year
over Year % Change%
Carson 56 $450,000 $430,000 4.7%
El Segundo 15 $1,075,000 $780,000 37.8%
Gardena 43 $470,000 $399,000 17.8%
Harbor City 24 $523,000 $450,000 16.1%
Hawthorne 47 $575,000 $493,000 16.8%
Hermosa Beach 22 $1,723,000 $1,389,000 24%
Lawndale 16 $498,000 $437,000 13.8%
Lomita 23 $619,000 $510,000 21.4%
Long Beach 348 $463,000 $459,000 .8%
Manhattan Beach 36 $1,800,000 $1,923,000 -6.4%
Marina Del Rey 24 $1,059,000 $928,000 14.1%
Palos Verdes Estates 42 $1,412,000 $1,815,000 -22.2%
Playa Del Rey 16 $623,000 $560,000 11.2%
Rancho Palos Verdes 57 $1,065,000 $1,155,000 -7.8%
Redondo Beach 100 $968,000 $842,000 15%
San Pedro 70 $481,000 $475,000 1.3%
Torrance 179 $645,000 $585,000 10.3%
Westchester 44 $1,093,000 $890,000 22.7%

This Weeks Hermosa Beach Open Houses

If you’re looking for a great beach house, Hermosa is the town for it.  Take a look at this weeks open house list.  If the list isn’t updated please visit our South Bay open houses information site.

 

Of Precious Metals and Little Houses in Hermosa Beach

By Keith Kyle1514 Silver Street Hermsa Beach

As of 3/29 two new listings hit the market in Hermosa Beach and both were unique but strangely similar.  It’s not every day that you see single family homes with less than 700 feet (we’ve only ever seen a few in a town where mcmansions seem to be more common all of the time) and today there were two.  It’s even less common to see these homes on Silver and Golden Streets….perhaps 2 of the less known streets in all of Hermosa Beach.

1514_SilverThe home at 1514 Silver comes in at 576 square feet but sits on a fairly good size 2,986 foot lot.  There’s really no question that they’re going for lot value here as regardless of how cute it it….$1,649 a square foot is a pretty tall order.  It’s a cute bungalow on a nice lot but this tiny charmer isn’t destined to remain and will eventually be something far larger and newer.

1517_Golden_Ave

The home at 1517 Golden is slightly cheaper per square foot at $1,566 but with 699 square feet and a list price of almost $1.1M they’re certainly banking on potential ocean views on a new build and shopping this to developers

 

December Home Sales in Hermosa Beach

By Keith Kyle315_26th_St_front4 copy

December saw some significent home sales in Hermosa Beach, especially in the sand section. With prices at an all time high the new normal for values is fairly incredible.  Below is a list of all of the homes that closed escrow in December 2015 which was far from the slow month people often think the holidays create.  See the home sales for other South Bay cities including Manhattan Beach, Redondo Beach, Torrance and more.

Click here to view the current homes for sale in Hermosa Beach.  Please feel free to contact us for information on any of the sold home or current listings.

Type   Address  Price  Beds/Baths Year Built Square Feet
CONDO/A 1300 The Strand #127  $              525,000 1/1,0,0,0 2001/ASR 440/A
SFR/D 435 8th ST  $              777,777 1/1,0,0,0 1923/ASR 480/A
CONDO/A 444 Hermosa AV 102 #102  $          1,475,000 3/1,2,0,0 1988/ASR 1781/A
TWNHS/A 159 Monterey BL #A  $          1,500,000 3/3,0,0,0 1979/ASR 1974/S
SFR/D 242 Longfellow AV  $          1,575,000 2/2,0,0,0 1933/ASR 1056/A
TWNHS/D 506 25th  $          2,265,000 4/3,0,1,0 2015/BLD 2710/B
TWNHS/A 1501 Monterey  $          2,300,000 4/3,0,1,0 2015/EST 2000/AP
SFR/D 244 Longfellow AV  $          2,400,000 6/3,0,0,0 1953/ASR 1969/A
SFR/D 701 Loma DR  $          2,525,000 4/3,1,0,0 2004/ASR 2730/A
SFR/D 70 10th ST  $          2,960,000 3/1,1,0,0 1910/ASR 1512/A
TWNHS/D 1517 Hermosa AV  $          3,730,000 4/1,2,1,0 2015/BLD 2684/B
SFR/D 801 Hermosa AV  $          4,015,000 4/5,0,2,0 2015/APP 4003/A
CONDO/A 1600 Ardmore AV #327  $              580,000 2/2,0,0,0 1970/ASR 980/A
SFR/D 2524 Ardmore AV  $          1,297,000 2/1,0,0,0 1951/ASR 940/A
SFR/D 1920 Springfield AV  $          2,175,000 5/3,0,1,0 2009/SLR 3277/S
CONDO/A 2411 Prospect AV #107  $              410,000 2/1,1,0,0 1972/ASR 866/A
CONDO/A 2411 Prospect AV #125  $              525,100 2/1,1,0,0 1972/ASR 919/A
SFR/D 824 17th ST  $          1,500,000 3/2,1,0,0 2001/ASR 2683/A
TWNHS/A 1111 17th ST  $          2,100,000 4/3,0,1,0 2015/BLD 2700/B
SFR/D 1286 Bonnie Brae  $          2,150,000 5/4,0,0,0 2008/ASR 3666/A

Home Inventory on The Rise….Unfortunately It Has No Where to Go But Up

By Keith Kyle

Hermosa Beach is a small coastal town that’s seen housing demand skyrocket in the past 2 years while inventory has been at record lows.  The good news is that inventory is slowly going up and has doubled since December.

Hermosa Beach home inventory

The chart above looks promising until you view it in context with the chart below. Although inventory is on the rise is coming off all time lows and really has nowhere to go but up. Hopefully the trend will continue as the summer buying season is traditionally a time when sellers know buyers are actively and eagerly looking, partly due to the lifestyle that’s hard not to love and partly to families trying to get their kids in Hermosa’s award winning school district.