Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 41 Active listings and 20 homes are in Escrow. There were 14 closed sales in January and 5 of them were under 1 million. Hermosa has about 2.9 months of inventory. Most buyers were able to negotiate a 6% discount on the purchase of their new homes. The average selling price in Hermosa Beach in January has decreased from last month to $1,417,000. The homes sold this month had an average sq/ft price of $812.
We are very excited to share with you such great information about Hermosa Beach Properties current market overview. The data below allows you to analyze the information so buyers and sellers can make sound real estate decisions.