Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 40 Active listings and 23 homes are in Escrow. There were 18 closed sales in October and Three of them were under 1 million. Hermosa has about 2.2 months of inventory. Most buyers negotiated a 6% discount off the purchase price of their new homes. The average median price in Hermosa Beach in November has decreased a lot from last month to $2,301,000. The homes sold this month at an average sq/ft price of $1043. There were not a lot of sales this month but a Strand Home sold for $9,200,000.
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.