Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 57 Active listings and 19 homes are in Escrow. There were 18 closed sales in June and only One was under 1 million. Hermosa has about 4.5 months of inventory. The average sold price in Hermosa Beach in June has increased from last month to $2,749,000. The homes sold this month at an average sq/ft price of $1171. Buyers were able to negotiate a 4.5% discount off the original listing price. The highest-priced home sold on The Strand at 30th Street in the Sand Section. for 12,000,000. The median sales price for Hermosa Beach, CA 90254 is $1,938,000.
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.