Kay Thomas' Market Report

Hermosa Beach, CA 90254

Single-Family Homes

kaye@kayethomas4homes.com | 310-721-7438



Hermosa Beach, CA 90254

Sun May 26 2019
This week the median list price for Hermosa Beach, CA 90254 is $1,950,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 37. Click here to stay informed with the Hermosa Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Hermosa Beach, CA 90254

Sun May 26 2019
This week the median list price for Hermosa Beach, CA 90254 is $1,950,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 37. Click here to stay informed with the Hermosa Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Hermosa Beach market.
Median List Price $1,950,000
Per Square Foot $1,417
Days on Market 109
Price Decreased 32%
Price Increased 0%
Relisted 8%
Inventory 37
Median House Rent $8,175
Most Expensive $21,000,000
Least Expensive $997,000
Market Action Index
Slight Seller's Advantage
33

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$9,000,000 3,658 0 - 4,500 sqft 5 3 12 1 1 163
$4,295,000 3,545 0 - 4,500 sqft 4 3 18 1 2 122
$1,799,000 1,524 0 - 4,500 sqft 3 1 56 3 1 24
$1,272,000 912 0 - 4,500 sqft 2 1 81 1 2 127