Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 42 Active listings and 17 homes are in Escrow. There were 24 closed sales in August and two of them were under 1 million. Hermosa has about 1.8 months of inventory. Most buyers negotiated a 3% discount off the purchase price of their new homes. The average median price in Hermosa Beach in August has decreased a lot from last month to $1,500,000. The homes sold this month at an average sq/ft price of $1055. Two Strand homes sold this month on 18th Street for about 7 million each.
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.