It’s the first day of school, and finally the morning air was a bit cooler when I walked my dog this morning. It’s been a hot and humid summer in the South Bay of Los Angeles, and even the coastal beach cities did not escape the summer heat wave.
Do luxury home sellers and buyers keep the real estate market sizzling in the summer or does the market fizzle and slip into the lazy dog days of summer? Let’s see how laid-back Hermosa Beach with its quaint beach cottages, sandy beaches and its ample supply of luxury homes priced over $3,000,000 closed out July 2015:
There are currently 11 luxury residences priced at or above $3,000,000 for sale in Hermosa Beach ranging in price from $3,500,000 to $16,000,000.
Four luxury properties are currently in escrow with accepted offers. These pending sale properties range in price from $4,795,000 to $7,999,000. All are single family homes.
One Hermosa Beach luxury home priced at or over $3,000,000 sold during July 2015.
For more information on Hermosa Beach luxury homes contact Charlemagne Int’l Properties at 310.493.8333 or email us at ToeringandTeam@gmail.com.
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Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.