Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 55 Active listings and 28 homes are in Escrow. There were 22 closed sales in August and only one under 1 million. Hermosa has about 4.1 months of inventory. The average sold price in Hermosa Beach in August has decreased from last month to $2,209,000. The homes sold this month at an average sq/ft price of $909. Buyers were able to negotiate a 4.9% discount off the original listing price. The highest-priced home sold on 33rd on Hermosa Ave. in the Sand Section for $6,500,000. The median sales price for Hermosa Beach, CA 90254 is $1,900,000.
Slight Buyer’s Advantage-
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.