Real estate investment in Hermosa Beach properties picked up in May as total sales increased 29.41% month-over-month.
The market median sales price metric was equally impressive as total gains exceeded 24%.
The sales-listing ratio spiked 41.34% due to a 8.33% decrease in active listings relative to improved sales.
Last, analysis of the year-over-year months of inventory data point revealed a 25% drop from May 2016 to 2017.
To get the complete Hermosa Beach market report for May please contact Hady at or click here to submit a request.
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