Hermosa Beach

2017 New Home Sales & New Home Construction Pipeline

Blog, Buying, Dunham Stewart, Hermosa Beach, Hermosa Beach News, Manhattan Beach, Manhattan Beach News, Market Minutes, Market Updates, North Redondo Beach News, Real Estate News, Real Estate Tips, Redondo Beach, South Bay Living, Uncategorized   |   Dunham Stewart

I wanted to share some perspective of new home sales and new home construction pipeline for the balance of this year, and the next couple years in the Beach Cities. Check out the short video & feel free to reach out with any questions, or any real estate needs!

*Market Update*

Blog, Buying, Community News, Dunham Stewart, Hermosa Beach, Hermosa Beach News, Market Updates, Uncategorized   |   Dunham Stewart

“Hermosa Beach will temporarily permit residents of commercial areas to rent out their homes to vacationers on sites like Airbnb.com — even as it fights a court challenge to its outright ban on them in most neighborhoods.”

 

Read more by clicking HERE

*January Market Update*

Blog, Community News, Hermosa Beach, Hermosa Beach News, Manhattan Beach, Manhattan Beach News, Market Updates, Real Estate News, Redondo Beach, Uncategorized   |   Dunham Stewart

Housing Market Update Pic1

In December the Federal Reserve announced that they were raising their short term rates for the first time in 2016 by a quarter percentage point between 0.50% and 0.75%. This was only the second time in more than a decade. Although they projected rates would raise more quickly in 2017 that did not happen after their first policy meeting February 1st. The Feds reaffirmed in their meeting that they would hold firm on interest rates for now although projecting increases would come later in the year.
Please take time to review the latest housing market trends for our South Bay Cities below. Sales in Palos Verdes, Manhattan Beach and Hermosa Beach continue to rise while Redondo Beach shows a dip in sales.
Read full report by clicking HERE

Beach Cities: 2016 New Construction Summary & New Home Pipeline for 2017-2018

Blog, Community News, Dunham Stewart, Hermosa Beach, Hermosa Beach News, Manhattan Beach, Manhattan Beach News, Market Minutes, Market Updates, Real Estate News, Real Estate Tips, Redondo Beach, Selling, Uncategorized   |   Dunham Stewart

Happy New Year!

I wanted to share with you the latest information of the South Bay new home sales from 2016. Also, see what 2017-2018 holds for new home pipeline.

 

Market Update – January 2017

Blog, Buying, Community News, Dunham Stewart, Hermosa Beach, Hermosa Beach News, Manhattan Beach, Manhattan Beach News, Market Minutes, Market Updates, Real Estate News, Real Estate Tips, Uncategorized   |   Dunham Stewart

Happy New Year!

CoreLogic reported in late December that home buying saw the fastest November in more than four years even though the month’s sales totaled 7.5% below 1988 month average.  The surge in sales increased what buyers paid. Our relatively robust local job market created more job opportunities along with pay hikes nationwide.  Fewer absentee buyers were reported.  Mortgage financing was not used in 21% of the deals.

For full report, click HERE!

jan17_sales

Hermosa Beach is the Place to Call Home

Blog, Hermosa Beach   |   Dunham Stewart

Hermosa-Beach

We live where people want to vacation. Hot Volleyball, cool water, a town for athletic people, young or not so young- everyone is out walking, riding or running by this is the place to BE. Be yourself, be fun, be free!

Just below LAX airport are the traditional beachside communities of El Segundo, Manhattan Beach, Hermosa Beach and Redondo Beach. The pretentiousness of nearby LA cannot be found here. Our neighborhoods retain a community-oriented atmosphere where everyone seems to get along in a friendly manner. Actually, they are technically cities in their own right, autonomous from Los Angeles proper despite merging into the massive greater-L.A. sprawl.

Hermosa Beach. The ‘beautiful’ beach as it translates from Spanish is defined by our pier and adjacent promenade, a pedestrian-only street that’s packed with bars and restaurants. When we turn right on Artesia off Pacific Coast Highway it is a thrill to see the magnificent Ocean.

The beach is known for volleyball and its surfing tradition and just hanging out — centered around the pier, but continuing for a mile or so south, and miles north. The boardwalk/bike path known as “The Strand” accomodates walkers, joggers and is packed with bikes and skateboards on weekends and is obviously less crowded during the week. But on weekends it’s certainly a great place for people-watching, drinking discreetly out of plastic cups and staring with envy at the luxurious new houses that have recently been constructed, blending a laid-back surfer community… with a coastal version of Beverly Hills.

North Hermosa Sand section is a dream lifestyle for families living with school age children in  .Once residents discover this little community they would not live anywhere else. Many families that bought in the1960’s have more family that bought in 1990’s and more in 2010’s. It is very common for generations of families living in homes within blocks of each other, a mixture of family living in the family home, or purchased when something comes up near where they grew up. It’s a lot like the multi-genreational lifestyle of Hawaii but with a great city nearby.

Hermosa Valley and View schools have teachers and staff that amaze me. We love our schools. The parent and student portal keeps us aware of grades and homework. Our high school choice is Mira Costa or Redondo Union High. Parks and Recreation community center is bustling with activity for every age, with sports, theatre groups, and art classes. History is preserved right there in the Historical Society very well and worth a visit. Hermosa Valley Park has something for every age, or party, trees for climbing, picnic and grill stations, hills to run around in, Basketball area, soccer or field sports.

Our community loves the sunsets. We get excited when whales spout like shooting fire hydrants, or dolphin groups leap lazily along. Our kids go to the Green Store for a treat or Marthas’ for breakfast of lunch. They play on the swings or getting older get to walk or bike or razor or skateboard to the Pier. They play tennis, have the skateboard park or are in local plays in our Community Center on Pier. Summers are the best with surf lessons and ocean safety. We see our neighbors in beach chairs lined up along the water, surfing or out on Paddleboards. Circling the blocks with our dogs, talking to neighbors, and watching sunsets is a ritual.

Hermosa has a mixture of beach homes and mansions. We sadly miss every beach house torn down. Land is expensive in all the beach cities in varying degrees. There is some sticker shock to people who first want to move here. The South Bay homes held their value very well along the bumpy Real Estate market down and up turns.

One review about Hermosa says it has apartments. Every city has some and that is misleading to Hermosa as a whole. In our 1.5 square miles most of the apartments are along the South border of the Sand section. That is where young professionals new to the area can find a first place to lease and have their dog or cat. Then they learn the area and many move up to a purchase. Young people love moving here for the water, volleyball, bike and lifestyle.

Hermosa Sand Section

Hermosa Beach, South Bay Community Videos   |   Dunham Stewart

hermosa-sand

North of Pier Ave:

  • Predominantly single family homes north of 19th St
  • New construction homes in the 3,600sf – 4,200sf range
  • Original Beach homes in the 900sf – 2,000sf range
  • Typical lot sizes range from 2,100sf to 3,000sf
  • “Walkstreet” homes off of the Strand (16th – 20th Streets) and in 200 blocks of 30th & 31st Streets.

Just west of Valley provides 5,000-7,000sf lots.

  • Newer homes in the 4,500sf range.
  • Original homes in the 1,200-1,600sf range

South of Pier Ave:

  • Mix of single family, townhouse and condominiums
  • Newer townhouse sizes in the 1,900 – 2,300sf range
  • Original Beach homes in the 900sf – 2,000sf range
  • “Walkstreet” homes off of the Strand (3rd – 9th Streets)
  • Condominiums at 400 block of Monterey Blvd, and 447 Herondo.
22 Results
5
Beds
1 | 5
Baths
4,403
SqFt
(3)
 
 
#SB17188730 | Single Family Home
 
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(61)
 
 
#PV17172603 | Single Family Home
 
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2 | 3
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(46)
 
 
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3
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1,512
SqFt
(5)
 
 
#SB16713220 | Single Family Home
 
4
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3 | 1
Baths
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SqFt
(41)
 
 
#SB17135161 | Condo
 
3
Beds
2
Baths
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SqFt
(29)
 
 
#SB17070191 | Single Family Home
 
3
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2
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SqFt
(7)
 
 
#SB17070180 | Single Family Home
 
4
Beds
4 | 1
Baths
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(51)
 
 
#SB17249016 | Single Family Home
 
5
Beds
3
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(5)
 
 
#SB17237220 | Single Family Home
 
3
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2
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1,832
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(28)
Open House: Dec 3, 2017 2:00 PM - 4:00 PM
 
#SB17249781 | Single Family Home
 
©2017 CARETS. All rights reserved. Based on information from CARETS as of November 24, 2017 9:01 AM PT The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
©2017 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 24, 2017 9:01 AM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hermosa Beach Sand Section

Hermosa Beach, South Bay Community Videos   |   Dunham Stewart

Hermosa Beach West

Hermosa Sand Section

North of Pier Ave:

  • Predominantly single family homes north of 19th St
  • New construction homes in the 3,600sf – 4,200sf range
  • Original Beach homes in the 900sf – 2,000sf range
  • Typical lot sizes range from 2,100sf to 3,000sf
  • “Walkstreet” homes off of the Strand (16th – 20th Streets) and in 200 blocks of 30th & 31st Streets.

(more…)

Hermosa Valley

Hermosa Beach, South Bay Community Videos   |   Dunham Stewart

hermosa-valley

North of Pier:

  • Predominantly single family homes
  • Newer homes in the 2,000-4,500sf range
  • Original homes in the 1,200-2,000sf range
  • Lot sizes in the 2,500-5,000sf and larger
  • Two condominium projects at 16th & Ardmore (The Apple Tree and The Commodore)
  • Elevation change from Ardmore Road to PCH provides opportunities for ocean view
  • Unique pocket north of Gould provides lots over 4,00sf and great view potential

South of Pier:

  • Predominantly townhouses, ranging from 1,900-2,800sf
  • Some ocean views from the higher elevations
  • Condominium developments at The Moorings at 501 Herondo
12 Results
6
Beds
6 | 2
Baths
6,392
SqFt
(37)
 
 
#SB17230241 | Single Family Home
 
5
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5 | 3
Baths
6,968
SqFt
(70)
 
 
#SB17254103 | Single Family Home
 
5
Beds
5 | 2
Baths
4,637
SqFt
(32)
Open House: Nov 26, 2017 1:00 PM - 4:00 PM
 
#SB17210981 | Single Family Home
 
4
Beds
3
Baths
3,259
SqFt
(26)
 
 
#17258248 | Single Family Home
 
4
Beds
3 | 1
Baths
2,303
SqFt
(45)
 
 
#SB17257595 | Single Family Home
 
4
Beds
2
Baths
1,800
SqFt
(12)
 
 
#PV16074544 | Single Family Home
 
4
Beds
3 | 1
Baths
2,934
SqFt
(33)
 
 
#SB17250395 | Condo
 
3
Beds
2
Baths
1,643
SqFt
(9)
 
 
#SB17122501 | Single Family Home
 
3
Beds
2
Baths
1,222
SqFt
(19)
 
 
#17218824 | Single Family Home
 
4
Beds
3
Baths
2,227
SqFt
(20)
 
 
#SB17228503 | Condo
 
3
Beds
3
Baths
1,803
SqFt
(38)
 
 
#SB17228070 | Condo
 
2
Beds
1
Baths
710
SqFt
(21)
 
 
#OC17237903 | Condo
 
©2017 CARETS. All rights reserved. Based on information from CARETS as of November 24, 2017 9:01 AM PT The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
©2017 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 24, 2017 9:01 AM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hermosa Hills

Hermosa Beach, South Bay Community Videos   |   Dunham Stewart

Hermosa Hills

Location: The Hermosa Hills area is bordered by Manhattan Beach to the north; Redondo Beach to the east and south; and PCH to the west.

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