Kay Thomas' Market Report

Hermosa Beach, CA 90254

Single-Family Homes

kaye@kayethomas4homes.com | 310-721-7438



Hermosa Beach, CA 90254

Mon Jun 17 2019
This week the median list price for Hermosa Beach, CA 90254 is $3,297,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 32. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Hermosa Beach, CA 90254

Mon Jun 17 2019
This week the median list price for Hermosa Beach, CA 90254 is $3,297,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 32. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Hermosa Beach market.
Median List Price $3,297,000
Per Square Foot $1,449
Days on Market 129
Price Decreased 41%
Price Increased 0%
Relisted 9%
Inventory 32
Median House Rent $14,500
Most Expensive $21,000,000
Least Expensive $997,000
Market Action Index
Slight Seller's Advantage
35

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
$9,600,000 4,030 0 - 4,500 sqft 5 3 11 0 0 182
$5,099,499 3,634 0 - 4,500 sqft 4 3 17 1 0 130
$2,324,500 2,225 0 - 4,500 sqft 3 2 32 1 1 63
$1,324,500 893 0 - 4,500 sqft 2 1 78 0 4 140