Pango Group

Hermosa Beach, CA 90254

Single-Family Homes

www.pangogroup.com


Hermosa Beach, CA 90254

Sun May 11 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. 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

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.

Hermosa Beach, CA 90254

Sun May 11 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. 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

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

Never miss important changes in the Hermosa Beach market.
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.

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