Single-Family Homes
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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
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.
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 |
Despite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's high point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.
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 |