Hermosa Beach Properties Current Market Overview

Hermosa Beach Properties Current Market Overview:

The Hermosa Beach real estate market has 24 Active listings and 11 homes are in Escrow. There were 15 closed sales in December and Two of them were under 1 million. Hermosa has about 1.6 months of inventory. Most buyers negotiated a 7% discount off the purchase price of their new homes. The average median price in Hermosa Beach in December has increased a lot from last month to $2,919,000. This huge increase was due to two Strand Homes that sold. The homes sold this month at an average sq/ft price of $1459. There were not a lot of sales the last 3 months.

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.

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