Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 51 Active listings and 20 homes are in Escrow. There were 6 closed sales in February and None of them were under 1 million. Hermosa has about 2.5 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 February has increased from last month to $3,224,649. The homes sold this month at an average sq/ft price of $992. This is well below the average number of homes sales per month. The highest priced home sold on 7th and the Strand for $6,363,000.
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.