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South Bay Real Estate News
3 Things You Need To Know:
Hermosa Beach: Days on the Market Overview 90254
Hermosa Beach Days on the Market Avg.
In my last few sales, I’ve encountered some great general contractors, painters, electricians..etc. If you need a reliable trade worker/company, please ask me. I’d be happy to share them with you.
Manhattan Beach has 49 active listings and 64 properties are in Escrow (4 of these properties are under 1 million and 33 are over 2 million). There were 42 closed sales in October. If you are looking to buy a home for under a million dollars in Manhattan Beach, you should start your search in the Manhattan Village. In October, home buyers on the average negotiated a 2% discount off the asking price. The average selling price in Manhattan Beach Properties was $2,204,000. Manhattan Beach has 1.1 months of available inventory.
The Hermosa Beach real estate market has 33 Active listings and 21 homes are in Escrow. There were 16 closed sales in October and 5 of them were under 1 million. Hermosa has about 2.1 months of inventory. Most buyers paid asking price for their new home. The average selling price in Hermosa Beach in October has increased from last month to $1,315,000. Homes for sale in Hermosa sold in 27 days on the average. Wow, that’s fast!
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