George Fotion's Market Report

Hermosa Beach, CA 90254

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Hermosa Beach, CA 90254

Sun Jan 29 2023
This week the median list price for Hermosa Beach, CA 90254 is $5,799,500 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 16. 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

Sun Jan 29 2023
This week the median list price for Hermosa Beach, CA 90254 is $5,799,500 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 16. 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 $5,799,500
Median Price of New Listings $5,349,500
Per Square Foot $1,883
Average Days on Market 207
Median Days on Market 98
Price Decreased 19%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent
Market Action 35
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
$16,747,500 6,004 4,500 - 6,500 sqft 5 6.5 17 0 0 381
$9,174,500 3,198 0 - 4,500 sqft 3 4 18 1 1 98
$3,993,500 3,115 6,500 - 8,000 sqft 4 3 64 0 0 70
$1,599,500 1,063 0 - 4,500 sqft 2 2 69 1 2 80