George Fotion's Market Report

Hermosa Beach, CA 90254

Single-Family Homes

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Hermosa Beach, CA 90254

Fri Mar 29 2024
This week the median list price for Hermosa Beach, CA 90254 is $6,899,999 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 17. Click here to stay informed with the Hermosa Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Hermosa Beach, CA 90254

Fri Mar 29 2024
This week the median list price for Hermosa Beach, CA 90254 is $6,899,999 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 17. Click here to stay informed with the Hermosa Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Hermosa Beach market.
Median List Price $6,899,999
Median Price of New Listings $7,397,500
Per Square Foot $1,539
Average Days on Market 172
Median Days on Market 119
Price Decreased 24%
Price Increased 6%
Relisted 12%
Inventory 17
Median Rent
Market Action 43
Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$11,600,000 4,775 0 - 4,500 sqft 5 4.8 14 1 0 245
$8,150,000 4,600 0 - 4,500 sqft 4 6 3 0 0 112
$6,487,500 3,324 0 - 4,500 sqft 5 5 9 0 1 108
$2,050,000 1,805 0 - 4,500 sqft 3 3 66 1 0 119