According to the South Bay Association of Realtor overall housing sales (single family homes, condos/townhouses, residential income) in Hermosa Beach in 2008 were down 37% compared to 2007, 157 total sales versus 249 in 2007.   December of 2008 showed some signs of life in the market with 12 sales compared to only 7 in December 2007. 2008 stareted out extremely slow with only 6 sales in January 2008. The summer months once again proved to be the most active time of year peaking in August with 19 sales.

Hermosa Beach Real Estate Sales for 2008