Hermosa Beach real estate investment in February produced 9 closed escrows, down 35.71% compared to January data.
The median sales price also took a substantial hit as this metric dropped $322.5K or by 22.99%.
Given both total sales and net listings declined it is understandable why the sales-listing ratio corrected down 11.81%.
Finally, evaluation of the year-over-year months of inventory data point revealed a 150% increase from February 2016 to 2017.
To get the complete Hermosa Beach market report for February please contact Hady at or click here to submit a request.
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