Hermosa Beach Properties Current Market Overview

Hermosa Beach Properties Current Market Overview:

The Hermosa Beach real estate market has 55 Active listings and 28 homes are in Escrow. There were 22 closed sales in August and only one under 1 million. Hermosa has about 4.1 months of inventory. The average sold price in Hermosa Beach in August has decreased from last month to $2,209,000. The homes sold this month at an average sq/ft price of $909. Buyers were able to negotiate a 4.9% discount off the original listing price. The highest-priced home sold on 33rd on Hermosa Ave. in the Sand Section for $6,500,000. The median sales price for Hermosa Beach, CA 90254 is $1,900,000.

Slight Buyer’s Advantage- 

The Hermosa Beach Market

We are very excited to share with you such great information about 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.