October a slower month with 11 homes selling in Hermosa Beach
Great month with average home price at $2,272,091
The Hermosa Beach real estate market slowed down a bit in October with 11 homes closing compared to a very busy September with 20 homes closing escrow.
The average “list” price was $2,329,364 with the average sold price at $2,272,091 which was a pretty dramatic decrease from
$3,046,075 in September and $2,804,691 in August.
The average price per foot was an impressive $1302 and homes averaged 62 days on market before going into escrow. This was longer than most neighboring communities and cities.
The top home sale of the month was a land sale for a walkstreet duplex 1/2 block to the beach that sold at $4,150,000
October 2023 Property Sales and Home Prices in Hermosa Beach
| Home Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Age | |
| TWNHS/A | 501 | Herondo ST #13 | $1,475,000 | $1,000 | 2/2,0,1,0 | 1475/A | 1987/PUB |
| TWNHS/A | 1338 | Manhattan AVE | $2,500,000 | $1,389 | 3/3,0,0,0 | 1800/S | 1992/PUB |
| DPLX/D | 2044 | Monterey BLVD | $2,825,000 | $1,277 | 5/3,0,0,0 | 2213/E | 1972/EST |
| SFR/D | 106 | Hill ST | $3,100,000 | $782 | 5/3,0,2,0 | 3962/S | 2007/ASR |
| SFR/D | 1045 | Manhattan AVE | $3,320,000 | $1,203 | 4/3,0,1,0 | 2760/A | 2000/ASR |
| DPLX/D | 52 | 18th Street | $4,150,000 | $1,893 | 4/2,0,0,0 | 2192/A | 1936/ASR |
| CONDO/A | 1707 | Pacific Coast #223 | $790,000 | $787 | 2/2,0,0,0 | 1004/A | 1972/ASR |
| CONDO/A | 1707 | Pacific Coast HWY #321 | $823,000 | $849 | 2/2,0,0,0 | 969/A | 1972/ASR |
| SFR/D | 631 | 25th Street | $2,400,000 | $2,120 | 3/1,1,0,0 | 1132/A | 1954/ASR |
| SFR/D | 1231 | 24th ST | $1,400,000 | $1,600 | 2/1,0,0,0 | 875/A | 1941/ASR |
| SFR/D | 1280 | Bonnie Brae ST | $2,210,000 | $1,426 | 3/1,1,1,0 | 1550/A | 1963/ASR |
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