February 2024 Real Estate Recap for Hermosa Beach
Average home price at $2,804,089 for the month
Things were sold once again with 10 homes selling in Hermosa Beach for the second month in a row.
The average “list” price was $2,936,200 with the average sold price at $2,804,089 which was a nice improvement from the $2,613,500 in January but still below the extremely high average of $3,363,750 in December.
It took a while for homes to sell with the average days on market at 75 before going into escrow. The homes that sold average $1,233 per square foot which was a sizable decrease from January’s average of $1445. As Hermosa is small and homes vary so much price per foot can be dramatically impacted by the kinds of homes that sell during the month.
Two homes topped the $5,000,000 market with the top sale an oceanview single family home at 120 28th St Hermosa Beach that sold for $5,900,000 and the other a modern single family at 477 25th St that closed at $5,500,000. The lowest price of the month was a one bedroom condo in The Victorian at 2411 Prospect in East Hermosa Beach that closed at $600,000.
Search the current homes for sale in Hermosa
Hermosa Beach Home Sales & Prices in February 2024
| Property type | Address | Price | Beds/Baths | Sq Feet | Year Built | |
| SFR/D | 1616 | Monterey BLVD | $3,265,000 | 3/3,0,0,0 | 1720/A | 1949/ASR |
| CONDO/A | 72 | The Strand #6 | $3,490,000 | 3/2,0,1,0 | 1460/A | 1971/ASR |
| SFR/D | 477 | 25th ST | $5,500,000 | 4/3,0,1,0 | 3700/A | 2012/ASR |
| SFR/D | 120 | 28th ST | $5,900,000 | 5/4,0,1,1 | 3924/A | 2013/ASR |
| TWNHS/A | 160 | Ardmore AVE | $1,930,000 | 4/2,1,1,0 | 2362/A | 2001/ASR |
| TWNHS/D | 625 | 10th STREET | $2,075,000 | 3/3,0,0,0 | 2335/A | 1989/ASR |
| CONDO/A | 2411 | Prospect AVE #211 | $600,000 | 1/1,0,0,0 | 740/A | 1972/ASR |
| TWNHS/A | 929 | 1st ST #A | $1,665,888 | 3/2,0,1,0 | 1900/A | 2012/ASR |
| SFR/D | 1226 | 2nd ST | $1,715,000 | 3/2,0,0,0 | 1800/OTH | 1972/ASR |
| SFR/D | 921 | 5th ST | $1,900,000 | 4/3,0,0,0 | 2695/A | 1931/PUB |
The agent providing the information contained herein may not have been a buyer’s and/or seller’s agent. This report is based on data pulled from CRMLS on 3/5/24
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