Hermosa Beach Properties Current Market Overview

Hermosa Beach Properties Current Market Overview:

As of now, there are 34 active listings in Hermosa Beach, with 11 homes currently in escrow. In October, 14 homes were sold, one property sold for under $1 million. The market currently reflects about 3.1 months of available inventory. The average sales price in October decreased to $3,100,000, from the previous month. Homes sold at an average of $1,166 per square foot, with buyers paying an average of 6.8% off the original list price. The highest sale of the month was a property on 2nd and The Strand, which closed at $8.937 million. The median sales price for ZIP code 90254 stands at $2,075,000.

Hermosa Beach Median Sales Price

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.