Big Numbers in Hermosa Beach Real Estate Market in June
18 Homes Sold at an incredible average of almost $3,500,000
The local Hermosa Beach real estate market picked up quite a bit with 18 closed sales in June 2023 compared with 15 in May.
What’s more impressive were the prices. While they were not as high as the ridiculous prices in may (average sold price of over $5,000,000!) they were pretty incredible.
Making it even more amazing is the fact that the all time record home sale at 2666 The Strand which sold for $19,450,000 sold off market and not reflecting in the numbers below.
The average “list” price was an incredible $3,594,383 with the average sold price at $3,498,444 so despite homes selling slightly below list….they were some huge numbers.
The average price per foot was an impressive $1570 and homes averaged 36 days on market before going into escrow.
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June 2023 Property Sales and Home Prices in Hermosa Beach
| Prop Type | Address | Sold Price | $ Per Sq Ft | Bed/Bed | Sq Feet | Age | |
| CONDO/A | 446 | Monterey BLVD #L2 | $1,275,000 | $957.93 | 3/2,0,0,0 | 1331/A | 1987/ASR |
| SFR/D | 422 | 8th ST | $1,550,000 | $1,411.66 | 2/2,0,0,0 | 1098/A | 1984/ASR |
| TWNHS/A | 1520 | Hermosa AVE | $2,310,000 | $1,367.67 | 3/3,0,0,0 | 1689/E | 2002/EST |
| SFR | 2524 | Manhattan AVE | $5,807,000 | $1,540.32 | 5/4,0,0,0 | 3770/A | 1993/ASR |
| SFR/D | 2840 | The Strand | $9,200,000 | $3,963.81 | 3/2,1,1,0 | 2321/A | 1987/ASR |
| SFR/D | 1830 | The Strand | $14,250,000 | $3,800.00 | 4/1,3,1,0 | 3750/A | 2020/BLD |
| SFR/D | 554 | 2nd ST | $1,600,000 | $1,709.40 | 3/1,0,0,0 | 936/A | 1961/ASR |
| SFR/D | 621 | 25th ST | $2,500,000 | $1,131.73 | 4/2,0,0,0 | 2209/T | 1954/ASR |
| SFR | 2727 | El Oeste DR | $3,465,000 | $2,719.78 | 3/2,0,0,0 | 1274/ | 1953 |
| TWNHS/D | 960 | 1st ST #C | $1,355,000 | $1,003.70 | 2/2,0,1,0 | 1350/A | 1980/ASR |
| TWNHS/A | 849 | 15th ST | $1,765,000 | $979.47 | 3/2,0,1,0 | 1802/E | 1989/EST |
| SFR/D | 1250 | Corona ST | $1,850,000 | $1,758.56 | 3/0,1,0,0 | 1052/T | 1939/ASR |
| DPLX/A | 1009 | 5th ST | $2,050,000 | $867.91 | 5/3,0,0,0 | 2362/A | 1973/ASR |
| TWNHS/A | 1828 | PCH | $2,200,000 | $980.83 | 3/3,0,1,0 | 2243/B | 2018/ASR |
| TWNHS/D | 1627 | Golden AVE | $2,450,000 | $862.68 | 4/3,0,1,0 | 2840/A | 2013/ASR |
| SFR/D | 1204 | 10th ST | $2,450,000 | $1,156.21 | 3/2,1,1,0 | 2119/A | 1985/ASR |
| TWNHS/D | 961 | 5th Street #A | $2,995,000 | $1,050.88 | 4/1,2,1,0 | 2850/B | 2021/BLD |
| SFR/D | 1504 | Prospect AVE | $3,900,000 | $1,000.00 | 4/5,0,0,0 | 3900/B | 2023/BLD |
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 6/4/23
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