Hermosa Beach Properties Current Market Overview

Hermosa Beach Properties Current Market Overview:

The Hermosa Beach real estate market has 38 Active listings and 44 homes are in Escrow. There were 21 closed sales in May and three sold for under 1 million. Hermosa has about 2.5 months of inventory. The average sold price in Hermosa Beach in May has decreased from last month to $2,440,000. The homes sold this month at an average sq/ft price of $1031. Buyers were able to negotiate a 1% discount off the original listing price which is not much. The highest-priced home sold on 28th Street for $5.8 million. The median sales price for Hermosa Beach, CA 90254 is $1.85 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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