Pango Group

Hermosa Beach, CA 90254

Single-Family Homes

www.pangogroup.com


Hermosa Beach, CA 90254

Tue Jul 01 2025
This week the median list price for Hermosa Beach, CA 90254 is $3,497,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 24. 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 conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Hermosa Beach, CA 90254

Tue Jul 01 2025
This week the median list price for Hermosa Beach, CA 90254 is $3,497,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 24. 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 conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Hermosa Beach market.
Median List Price $3,497,000
Median Price of New Listings $0
Per Square Foot $1,453
Average Days on Market 145
Median Days on Market 81
Price Decreased 38%
Price Increased 0%
Relisted 4%
Inventory 24
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$9,975,000 3,947 0 - 4,500 sqft 5 6 10 0 2 112
$4,985,000 3,990 0 - 4,500 sqft 5 4.8 14 0 1 80
$2,999,000 1,988 0 - 4,500 sqft 3 3 55 0 1 28
$2,435,000 2,172 0 - 4,500 sqft 3 3 77 0 1 87