In 2008 the South Bay Association of Realtor reported that for Hermosa Beach overall housing sales (single family homes, condos/townhouses, residential income) were down 37% compared to 2007. Although 2008 as a whole was a very down year there were some signs of a rebound in December with 12 sales compared to only 7 in December 2007.
You can read the entire market recap at 2008 Hermosa Beach Real Estate Market Report. You can also look at the current Hermosa Beach MLS real estate listings here.
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