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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$4,425,000|
|Per Square Foot||$1,498|
|Days on Market||91|
|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.
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|