Pango Group

Hermosa Beach, CA 90254

Single-Family Homes

www.pangogroup.com



Hermosa Beach, CA 90254

Sat Feb 27 2021
This week the median list price for Hermosa Beach, CA 90254 is $4,425,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 23. 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

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Hermosa Beach, CA 90254

Sat Feb 27 2021
This week the median list price for Hermosa Beach, CA 90254 is $4,425,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 23. 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

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Hermosa Beach market.
Median List Price $4,425,000
Per Square Foot $1,498
Days on Market 91
Price Decreased 35%
Price Increased 0%
Relisted 4%
Inventory 23
Median Rent $7,500
Most Expensive $22,900,000
Least Expensive $1,483,000
Market Action 39
Slight Seller's Advantage

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$13,950,000 3,615 4,500 - 6,500 sqft 5 7 19 0 0 175
$7,649,750 4,417 0 - 4,500 sqft 4 6 9 1 0 63
$3,769,000 3,530 0 - 4,500 sqft 5 4 18 1 1 31
$2,249,500 2,027 0 - 4,500 sqft 3 3 67 1 1 105