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Hermosa Beach, CA Real Estate News

By Susan Murphy
(Keller Williams Realty Beach Cities)
Hi, this is Marie Hoffman & Sue Murphy from the Hoffman Murphy Team, Keller Williams Realty Beach Cities in Hermosa Beach, CA. The reason we’re contacting you is to ask for your help. As our business continues to expand, we are looking to hire an outstanding person to join us as we take our business to the next level. We are looking for a full time administrative and marketing professional, preferably with a real estate background, who may one day manage our team. They are eager to support our team reach great levels of success while growing their own skills and developing into a supportive leader within the team. As the success of our team grows, this individual will be responsible for hiring, training, and leading additional team members to ensure all administrative tasks of the lead ...
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By Susan Murphy
(Keller Williams Realty Beach Cities)
The Hoffman Murphy Team is delighted to inform you of events happening throughout our area. Soon, Hermosa Beach will again host their annual Saint Patrick’s Day Parade, which is sponsored by the Hermosa Beach Chamber of Commerce. A touch of Ireland will be coming to Hermosa Beach on Saturday, March 17 starting at 11:00 a.m. The parade begins at Valley Drive, travels for seven blocks down Pier Ave., and ends at the corner of Hermosa Avenue and 10th Street. This is the 18th year for the annual parade, with over 100 businesses, school marching bands and civic organizations taking part in the parade and celebration! If your business or organization would like to take part in the parade this year, registrations are still being accepted. Approximately 40,000 members of the Hermosa Beach and ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The most expensive high-end luxury home for sale in Hermosa Beach, CA is a 7 bedroom, 10 bath contemporary beauty located on The Strand with nearly 10,000 square feet of living space. The celebrity worthy trophy home is listed for $14,950,000. You can watch the waves and the volleyball matches from the comfort of your front patio, but be sure to wear your sunglasses as the sun shines often and the sand is close enough to get kicked in your eyes. If a cute little beach cottage in need of some TLC is more your speed, the least expensive single family home for sale in Hermosa Beach is listed for $650,000 for a 3 bedroom. During the past twelve months five Hermosa single family homes have topped the $5,000,000 sale price with the highest 2011 price paid for a home on The Strand coming in a...
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By Beth Lester, Home Staging & Interior Decorating
(Beth Lester Designs)
                                  Redondo Beach, California   Things to Do in the Beach Cities The Beach Cities give a great place to run & raise money for worthy causes at the same time.  Thanks to Jackie Balestra, we don't have to miss a thing! This Sunday, February 12th marks the return - after a two year hiatus - of the 58th Annual John Hales Sand & Strand Run in Hermosa Beach. Proceeds will benefit Project Touch, a non-profit organization working with at-risk teens in the South Bay. There are four separate races scheduled with the event getting under way at 8:00 am at the Hermosa Beach Pier. Event registration is available on-line at www.active.com.   Also this Sunday, Adia Cares hosts the symposium, Beginning the Conversation. This is a free community event where you will learn h...
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By Adam Brett, The Adam and Eric Group, Fullerton's Finest
(The Adam and Eric Group)
Real Estate Market off to a Great 2012 We are only one month into 2012 and the activity in the Hermosa Beach real estate market is already heating up. Since the beginning of the year there have been 24 new properties to come on the market of which only six were relists from the previous year and nine of them are already pending sales.  Of the 18 brand new properties to hit the market, the homes range from a two-bedroom townhome in the Moorings Complex on Herondo Avenue for $669,000 to a six-bedroom single family home on Hermosa Avenue with big ocean views for $2,899,000.There are also several three or four-bedroom townhomes ranging from $969,000 - $1,245,000 in price. This new inventory has given a spark to the beach city market that usually doesn’t receive this much increase in invento...
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By Susan Murphy
(Keller Williams Realty Beach Cities)
  All of us at Hoffman Murphy love to bring you events, workshops and fundraisers happening throughout our area. We’ve found a great one coming this weekend; come out and learn everything you need to know if you are thinking of adopting a puppy! Just look at how cute they are – but can you handle what will happen if you adopt one? It doesn’t matter how old you are; puppies can be a handful. Having a puppy in your house means taking walks every two hours, purchasing many toys so they don’t eat your furniture, and teaching them to be good dogs when they get older. The rewards however can be endless – a dog is a companion that will never leave your side. A free workshop offered at the Hermosa Beach Community Center on Saturday January 26 from 7:00-8:30 pm will cover all the puppy basics, ...
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By Frank Fountain, Palos Verdes Homes-Realty
(Remax PV/Execs)
Palos Verdes Local Entertainment- Hermosa Beach Playhouse The Hermosa Beach Playhouse is a part of the Civic Light Opera created for the South Bay and offers plays and musicals. The theatre seats 474 people, giving a more intimate feeling to theatre. The Playhouse features an art deco design and is widely used for theatrical productions, recitals, films, community theatre, and seminars. It received the Los Angeles Conservancy's award for restoration. The theatre was featured on ABC's "Eye on LA" and has put on productions such as Merman's Broadway, Around the World in a Bad Mood, and The Wonder Bread Years. The theatre is located on Pacific Coast Highway and Pier Avenue in Hermosa Beach.
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By Kimberly Jones, REALTOR, E-PRO
(HomeSmart Professionals)
See the Sandpiper's 2011 Annual Home Tour Video. Beautiful Coastal homes on tour for the holidays. Three Hermosa Beach homeowners opened their homes for charity. Designers, florists and event planners decked the halls of the beautiful homes. What better way to get coastal design and entertaining ideas? Two homes are located on Hermosa beach strand, ocean front. Which of the homes is your favorite? The Current starting pice for a home on the Hermosa Beach Strand: $3,122,000 up to $10,999,000. Off the Strand Hermosa Beach homes currently start at $895,000, Condos $499,000. Click on The Video To Start Enlarge the video by clicking on the rectangle above. Video Credit Ronald Dam, Hermosa Beach Patch   Search Hermosa Beach Property List Palos Verdes Peninsula Homes for Sale Redondo Beach Ho...
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By Frank Fountain, Palos Verdes Homes-Realty
(Remax PV/Execs)
Hermosa Beach Real Estate   Hermosa Beach is a beach-front city located in the South Bay of Los Angeles County and known as one of the three Beach Cities. Bordered by Manhattan Beach and Redondo Beach, Hermosa has a population of almost 20,000. The city extends about 15 blocks from east to west but 40 blocks from north to south with the Pacific Coast Highway running down the middle.    Hermosa's average temperature is 70 degrees in the summer and around 55 degrees in the winter. It is most popular among residents and visitors for sunbathing, surfing, beach volleyball, and paddle boarding. There are three popular parks in Hermosa Beach including South Park, Cypress Park, and Valley Park all located on the western side of Valley Drive. There are three distinct neighborhoods of Hermosa Bea...
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By Matt Pernice
(NW Real Estate Brokers)
Anyone who is looking for beautiful Hermosa Beach homes will want to consider the advantages of working with an experienced local real estate professional. While it is possible to find many great Hermosa Beach homes being offered for sale by private homeowners and investors, an area real estate agent experienced in their particular market will likely have many more options than one would find on their own. For one thing, local agents who specialize in Hermosa Beach homes have a keen understanding of the properties available in their area. They work everyday with other real estate professionals and brokers, as well as homeowners, and can be a wealth of information when it comes to the properties available in their area. Finding the right Hermosa Beach home takes not only knowing what you...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
October 14, 2011 As a specialist in Hermosa Beach real estate as well as a resident, my clients and neighbors always want to know how the real estate market in Hermosa Beach is doing.  Currently there are 80 active MLS listings.  Of these there are: 43 single family homes - view current SFR's for sale in Hermosa 24 townhome listings - view current townhomes for sale 13 condominiums (4 of these are condo hotel listings at Beach House Hermosa on the Strand) 71 standard listings 7 short sale listings, 2 bank owned homes Lowest price is $335,000 for a 2 bedroom condo on Prospect at The Victorian Highest price is $18,899,000 for a double lot 10,000 foot single family ocean front home located at 2909 The Strand 5 ocean front Strand homes (in addition to the Beach House Hermosa units) Median a...
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By Keith Kyle
(South Bay Brokers)
Benefitting the Hermosa Beach Education Foundation, this Saturday, October 15th the Hermosa Beach Firefighters association will be hosting the 3rd annual poker and casino night at Sangria at Pier Plaza. Information from the Hermosa Beach Firefighters website: Benefiting the Hermosa Beach Ed Foundation Saturday, Oct 15, 2011Poker starts 5:30pmCasino Night 5:30pm Sangria Restaurant68 Pier AvenueHermosa Beach Poker Night includes:- Seat at Poker Event- Entrance to Casino Night- Silent Auction/music- Hors d’oeuvres/no host bar- Poker prizes – including a 2 night Stay at the Hard Rock Casino & Hotel in Las Vegas, Los Angeles Kings Hockey tickets and signed memorabilia, I Pad2, I touch, Apple TV and more Casino Night includes:- Casino prizes – including a Women’s Strand Crusier Bike, Dinner a...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
September 9th 2011 Here's a quick breakdown of the Hermosa Beach Real Estate Market by the numbers Hermosa Beach Sand Section - Area 148 Single Family Homes: 27 - number of  active listings 0 - Number of short sale and bank owned listings $829,000 - Lowest priced $18.99M - high priced (Oceanfront Double Lot) $2,249,000 - Median home price (skewed due to the high ocean front home inventory) 5 - Number of oceanfront Strand homes on the market 4 - Number of pending sales in escrow 2 - Pending short sales, 1 bank owned, 1 standard sale 5 - Number of single family homes sold since August 1st $1,350,000 - Median price of recently sold homes 5.9 - Months of unsold inventory 71 Average Days on Market Townhomes 11 - Number of active listings $720,000 - Lowest priced $2,399,000 - Highest priced (...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
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...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
There are 13 town homes for sale in the Hermosa Beach sand section as of today. Of the 13 townhomes 3 are short pays and the other 10 are standard sales. below is a graph illustrating the real estate market trends for the town homes in area 148 (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 13 9 44.4% 13 17 -23.5% 10 18 -44.4% Sold 0 5 -100% 0 5 -100% 2 3 -33.3% Pended 2 0 N/A     2 4 -50% 2 3 -33.3% 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 16 20 17 19 12 12 10 10 10 13 11 13 9 9 13 New Listing 3 6 4 4 1 4 1 2 4 4 1 5 1 3 5 Sold 3 1 5 4 1 3 2 1 0 0 1 1 1 5 0 Pended 3 2 4...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
            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 6 4 50% 6 8 -25% 5 8 -37.5% Sold 0 2 -100% 0 1 -100% 1 1 0%     Pended 0 2 -100% 0 1 -100% 1 1 0%     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 8 8 8 8 9 11 9 9 7 8 6 5 5 4 6 New Listing 3 3 2 1 2 5 0 2 0 2 3 1 2 3 3 Sold 0 0 1 2 0 0 2 1 0 0 1 1 1 2 0 Pended 0 1 1 1 0 2 1 0 0 1 1 1 2 2 0 Months of Inventory (Closed Sales) N/A N/A 8 4 N/A N/A 4.5 9 N/A N/A 6 5 5 2 N/A Months of Inventory (Pended Sales) N/A 8 8 8 N/A 5.5 9 N/A N/A 8 6 5 2.5 2 N/A Absorption Rate (Closed Sales) % 0 0 12.5 25 0 0 22.2 11.1 0 0 16.7 20 20 50 0 Absorption Rate (Pe...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
There are currently 4 homes for sale in the Hermosa Beach Valley (area 149). The homes start at $969,000.               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 4 6 -33.3% 4 9 -55.6% 4 8 -50% Sold 2 1 100% 2 1 100% 2 1 100% Pended 1 1 0%     1 0 N/A     1 0 N/A     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 8 6 9 9 11 8 7 5 4 3 6 3 3 6 4 New Listing 1 0 5 2 6 0 2 1 2 2 5 0 2 4 0 Sold 1 0 1 0 0 0 1 1 4 1 2 0 3 1 2 Pended 0 0 0 1 1 1 2 2 0 2 1 2 2 1 1 Months of Inventory (Closed Sales) 8 N/A 9 N/A N/A N/A 7 5 1 3 3 N/A 1 6 2 Months of Inventory (Pended Sales) N/A N/A N/A 9 11 8 3.5 2.5 N/A 1.5 6 1...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Today there are only 5 condos listed for sale in Hermosa Beach Sand Section. They start at $399,000. Below is a detailed graph of the real estate market trends for Condos in Hermosa Beach Sand Section. If you are considering selling your Hermosa Beach home or moving to Hermosa Beach call Kathy and Rachel. Your Realtor Beach experts.     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 5 6 -16.7% 5 10 -50% 6 9 -33.3% Sold 3 0 N/A     3 1 200% 2 1 100% Pended 3 0 N/A     3 0 N/A     2 1 100% 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 9 9 10 8 8 11 14 12 6 6 6 8 6 6 5 New Listing 2 2 2 0 2 6 3 0 2 0 0 3 3 ...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
  0%     2 2 0%     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 3 4 3 5 6 5 4 3 7 8 6 7 3 3 4 New Listing 0 2 2 3 2 1 2 0 5 2 0 2 1 1 5 Sold 1 3 1 2 2 2 0 2 0 0 1 1 2 1 1 Pended 2 1 3 1 0 2 2 0 0 1 2 1 2 0 3 Months of Inventory (Closed Sales) 3 1.3 3 2.5 3 2.5 N/A 1.5 N/A N/A 6 7 1.5 3 4 Months of Inventory (Pended Sales) 1.5 4 1 5 N/A 2.5 2 N/A N/A 8 3 7 1.5 N/A 1.3 Absorption Rate (Closed Sales) % 33.3 75 33.3 40 33.3 40 0 66.7 0 0 16.7 14.3 66.7 33.3 25 Absorption Rate (Pended Sales) % 66.7 25 100 20 0 40 50 0 0 12.5 33.3 14.3 66.7 0 75 Avg. Active Price 887 905 1039 963 983 988 998 1081 1062 1035 1088 1035 1102 1172 1092 Avg. Sold Price 870 946 900 899 1089 1000 0 951 0 0 1000 835 857 740 1145 Avg. Sq. Ft. Price 458 398 320 462 519 41...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The following is one of a series of articles on South Bay History that I have had published in the South Bay Digs magazine: Hermosa Beach History Hermosa Beach was part of the original Spanish land grant for "Rancho Sausal Redondo" ("Ranch of the Round Clump of Willows") in 1822, a rancho with a land mass of nearly 25,000 acres which extended from the areas as far north of what is now Playa del Rey, as far east as Inglewood, and as far south as Hermosa Beach. In the early days, Hermosa Beach, like so many of its neighboring cities - Torrance, Lawndale, Inglewood - was one vast sweep of rolling hills covered with fields of grain, mostly barley. The immediate beach area of Hermosa was a collection of sparse-looking sand dunes seemingly 40 miles from nowhere. A steady wind whipping across ...
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