Hermosa Beach Real Estate Market Sees Home Sales Fall

The Hermosa Beach market pulled back with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 20.2 monthly average with 16 homes sold. Within the same time frame, Los Angeles had 2,302 sales, the most of all cities in the area. The median sales price jumped to $2,100,000 over the latest reporting period for Hermosa Beach, up from $1,745,000.

Any of these new listings in Hermosa Beach could be your dream home, so be sure to check them out:

$8.8M   $8.5M   $930K  

Get started right now by checking out Hermosa Beach homes for sale or reviewing Hermosa Beach real estate trends.

Demographic facts about Hermosa Beach:

  • This area has a median house value of $807,500.
  • The area gets 27 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 11.5%.
  • The student-to-teacher ratio is 20.3:1. (15.3:1 = national average)

Data reported through 10/13/2016

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Platinum Properties
Snapped 16 homes in this area
BlackHorseRealty.biz
Snapped 2 homes in this area
Baird & Warner
Snapped 1 home in this area

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