Hermosa Beach Real Estate – By the Numbers

The below chart offers a quick overview of the real estate market in Hermosa Beach as of March 4, 2013.  The month of February saw 12 closed sales with 40 active homes for sale and 32 pending home sales in this small coastal community.  Prices are definitely on the rise and is the case with neighboring Manhattan Beach and Redondo Beach, inventory is at near record lows while demand remains very high.   Click here to view the recent Hermosa home sales by month, or the current MLS list of homes for sale in all areas of Hermosa Beach CA.  The active listings averages and median home prices are skewed somewhat by the oceanfront home for sale at 2666 The Strand priced at $14,250,000.

12 February Closed Sales
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $399,000 4  $  345,000 1 1 1929 450
Max  $4,975,000 1011  $ 4,600,000 5 5 2012 4,040 10,132
Avg  $1,541,167 116  $ 1,476,667 3 2.75 1978 1,929 4,008
Sum  $18,494,000  $ 17,720,000
40 Active Listings
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $335,000    1 1 1920 439 973
Max  $14,250,000 328    6 8 2013 7,000 43,536
Avg  $1,819,950 62    3 3.2 1982 2,117 9,278
Sum  $72,798,000   
32 Pending Sales
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $335,000 1    1 1 1924 440 1,007
Max  $3,289,000 321    4 5 2013 3,700 59,585
Avg  $1,025,369 64    3 2.61 1978 1,755 9,451
Sum  $32,811,800