Hermosa Beach Properties Current Market Overview:
As of now, there are 48 active listings in Hermosa Beach, with 21 homes currently in escrow. In May, 18 homes were sold, including one property that closed for under $1 million. The market currently reflects about 4.2 months of available inventory. The average sale price in May dipped to $3,020,000, down from the previous month. Homes sold at an average of $1,323 per square foot, with buyers paying an average of over asking off the original list price. The highest sale of the month was a property on Manhattan Avenue, which closed at $6.65 million. The median sales price for ZIP code 90254 stands at $2.8 million.
Hermosa Beach Median Sales Price
Hermosa Beach Properties’ current market overview. The data above allows you to analyze the information so buyers and sellers can make sound real estate decisions.