Pango Group

Hermosa Beach, CA 90254

Single-Family Homes

www.pangogroup.com



Hermosa Beach, CA 90254

Thu Dec 01 2022
This week the median list price for Hermosa Beach, CA 90254 is $4,398,500 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 20. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Hermosa Beach, CA 90254

Thu Dec 01 2022
This week the median list price for Hermosa Beach, CA 90254 is $4,398,500 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 20. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Hermosa Beach market.
Median List Price $4,398,500
Median Price of New Listings $0
Per Square Foot $1,773
Average Days on Market 175
Median Days on Market 95
Price Decreased 35%
Price Increased 0%
Relisted 15%
Inventory 20
Median Rent
Market Action 38
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$16,500,000 6,000 4,500 - 6,500 sqft 5 6 15 0 0 308
$6,999,000 3,215 0 - 4,500 sqft 4 5 16 0 2 42
$2,295,000 1,960 0 - 4,500 sqft 3 2 68 0 1 42
$1,575,000 1,036 0 - 4,500 sqft 2 1 71 0 2 112