Good Start to the Year - 10 Homes Sell in Hermosa During January

Average home price at $2,613,500

Things picked up a bit in Jauary with 10 homes selling in Hermosa Beach compared with 8 in December and a historically slow November that saw only 5 closed home sales.  What makes this especially impressive is that January is traditionally the slowest month for “closed” sales of the year. 

The average “list” price was $2,721,400 with the average sold price at $2,613,500 which was a big drop from the  $3,363,750 average in December although that was MUCH higher than usual.

The average price per foot was an impressive $1445 which was about $100 a foot higher than in December.  Homes averaged a lengthy 81 days on market before going into escrow. 

The top sale of the month was $5,350,000 for a lot value ocean view triplex locted at 2464 Hermosa Avenue.

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Hermosa Beach Home Sales & Prices in January 2024

Property Type Address Price Bed/Bath Sq Feet Age
SFR/D 222 8th ST $1,250,000 1/1,0,0,0 777/A 1922/ASR
SFR/D 2491 Valley DR $2,200,000 3/2,1,0,0 1518/A 1954/ASR
SFR/D 304 Manhattan AVE $2,370,000 2/1,1,0,0 1500/E 1948/ASR
TWNHS/A 126 1st ST $2,900,000 4/3,0,1,0 2000/B 2023/BLD
SFR 92 16th ST $4,999,995 5/6,0,0,0 4284/ 2005
TPLX/A 2464 Hermosa AVE $5,350,000 4/3,0,0,0 2175/A 1953/ASR
SFR/D 624 1st PL $1,750,000 3/1,1,0,0 1373/A 1922/ASR
TWNHS/D 623 2nd ST $2,160,000 4/2,1,1,0 2330/E 2000/PUB
SFR/D 1550 Silver ST $1,480,000 2/1,0,0,0 1152/A 1948/ASR
SFR/D 1145 1st ST $1,675,000 3/2,0,0,0 1343/A 1962/ASR
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 2/14/24

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. 



Hermosa Beach

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