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Page 7

Hermosa Beach FEBRUARY STATS Key Facts:

$1,543,000 Median Sold Price

$1,340,000

Average Sold Price

46

FEB 2019

FEB 2020

% Change

Median Price (in $1,000)

$2,190

$1,543

-30%

Average Price Per Sq. Foot

$1,112

$976

-12%

Properties for Sale

51

46 -10%

Properties Pending Sales

11

19 73%

Properties Sold

6

10 67%

Days on Market (Sold Homes)

96

66 -31%

Monthly Supply of Inventory

8.5

4.6 -46%

Absorption Rate (Closed Sales) 11.8

21.7 84%

Listings for Sale

19

Listings Pending

AVERAGE & MEDIAN PRICE $3,500

$3,500 $3,000

$3,000

10

Listings Sold

$2,500

$2,593

$2,500 $1,340

$2,000

$2,000 $1,543 $1,655

$1,500

66

Days On Market

$1,500

$1,000

$1,000

$500

$500

$- $-

Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020

Median

Average

Profile for RE/MAX Estate Properties

RE/MAX Estate Properties SouthBay Market Intelligence Report  

Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Bay real estate market....

RE/MAX Estate Properties SouthBay Market Intelligence Report  

Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Bay real estate market....