The Hermosa Beach Pier
I apologize for being late with the November home sales figures for the South Bay Beach Cities. I'm currently working on year over year numbers for all the Beach Cities and will post after I get December home sale figures.
After the dismal home sale figures for the last quarter of 2008, home sales for the 4th quarter of 2009 are looking very good. Inventory is well below the figures we became accustomd to earlier this year. Many homes were taken off the market when the owners decided to stay put as they couldn't get the price the wanted/needed . Others were rented as sellers had to make new decisions about their real estate portfolios. Still others sold after sellers found the right price to gain the interest of buyers. All in all the last 3 months have been interesting as folks try ot decide if the bottom of the market is near or if this continuing sales trend is just another blip in the road.
South Bay-Beach Cities: Sold November 2009