Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 56 Active listings and 29 homes are in Escrow. There were 21 closed sales in May and Two of them were under 1 million. Hermosa has about 2.4 months of inventory. Most buyers negotiated a 3% discount off the purchase price of their new homes. The average sold price in Hermosa Beach in May has decreased a lot from last month to $1,842,000. The homes sold this month at an average sq/ft price of $949. There were not a lot of sales this month but a home on 25th and Manhattan Ave sold for $4,401,000.
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.