Pango Group

Hermosa Beach, CA

Single-Family Homes

www.pangogroup.com


Hermosa Beach, CA

Fri Apr 25 2025
This week the median list price for Hermosa Beach, CA is $4,297,500 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 30. 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

Fri Apr 25 2025
This week the median list price for Hermosa Beach, CA is $4,297,500 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 30. 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 $4,297,500
Median Price of New Listings $2,450,000
Per Square Foot $1,850
Average Days on Market 104
Median Days on Market 39
Price Decreased 37%
Price Increased 0%
Relisted 10%
Inventory 30
Median Rent
Market Action 44
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of 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
$10,450,000 3,908 0 - 4,500 sqft 5 6 11 0 0 49
$6,500,000 3,488 0 - 4,500 sqft 4 4 21 0 1 63
$3,394,500 3,332 0 - 4,500 sqft 4 3.3 60 2 2 10
$1,869,000 924 0 - 4,500 sqft 2 1 68 1 1 56