Hermosa Beach Properties Current Market Overview

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

We are very excited to share with you such great information about 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.

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