George Fotion's Market Report
Hermosa Beach, CA 90254
Single-Family Homes
Call Realty | www.BestPalosVerdesHomes.com | (424) 722-9136
Hermosa Beach, CA 90254
Fri May 09 2025
This week the median list price for Hermosa Beach, CA 90254 is $4,247,500 with the market action index hovering around 39. This is less than last month's market action index of 45. Inventory has increased to 28.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $4,247,500 | |
| Median Price of New Listings | $2,187,500 | |
| Per Square Foot | $1,643 | |
| Average Days on Market | 113 | |
| Median Days on Market | 49 | |
| Price Decreased | 29% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 28 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
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 |
|---|---|---|---|---|---|---|---|---|
| $10,450,000 | 3,908 | 0 - 4,500 sqft | 5 | 6 | 11 | 0 | 0 | 63 |
| $6,499,000 | 3,592 | 0 - 4,500 sqft | 4 | 3 | 12 | 2 | 0 | 84 |
| $2,949,000 | 2,675 | 0 - 4,500 sqft | 4 | 2 | 52 | 1 | 1 | 21 |
| $1,900,000 | 1,367 | 0 - 4,500 sqft | 3 | 2 | 70 | 3 | 3 | 14 |