Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 54 Active listings and 14 homes are in Escrow. There were 13 closed sales in April and 2 of them were under 1 million. Hermosa has about 3.9 months of inventory. The average sold price in Hermosa Beach in April has decreased from last month to $1,876,000. The homes sold this month at an average sq/ft price of $1161. Buyers were able to negotiate a 6.5% discount off the original listing price. The highest-priced home sold on 17th and Manhattan Ave. for $3,150,000. The median sales price for Hermosa Beach, CA 90254 is $1,765,000.
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.