Keith Kyle is a top producing agent with Vista Sotheby's International Realty in Manhattan Beach CA. Keith is an expert in real estate in the Beach Cities, South Bay and Palos Verdes and has created a number of highly ranked and regarded real estate sites and blogs providing helpful information to the many visitors.
ARCHIVED BLOG POSTS
The market picked up in Hermosa Beach in April with a reported 11 homes closing escrow. The average price of the homes that sold was $1,236,000 and average days on market was 81. Almost every home sold at or below the list price with an average sales price of just about 5% below the list price....
Well this is one crazy market we're experiencing at the moment in the South Bay. If you read the paper or listen to the news it's still a buyers market but ask my buyers if they agree and you'll probably get a different opinion. I submitted 4 offers this week with 3 of the 4 being well over ask...