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Foreclosures in Hermosa Beach, CA 90254

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Hermosa Beach, CA Foreclosures

How much do homes sell for in Hermosa Beach, CA?
The average home price is currently $2,599,367.
In Hermosa Beach, CA, how many homes are available?
There are currently 10 active home listings available in Hermosa Beach.
What’s the average rental cost in Hermosa Beach, CA?
The average rental price in Hermosa Beach is $4,971.
What is the most expensive home in Hermosa Beach?
The most expensive home sold in Hermosa Beach had a price of $40,917,712.
What is currently the cheapest priced home in Hermosa Beach, CA?
The cheapest home for sale in Hermosa Beach is priced at $10,083.

Living in Hermosa Beach, CA

Hermosa Beach, located along the picturesque California coastline, offers an ideal blend of beach lifestyle and urban convenience. With beautiful sandy shores, a thriving dining scene, and numerous outdoor activities, it is a perfect place for families and young professionals alike. The community spirit is vibrant, and local events bring residents together throughout the year.

Current Market Conditions in Hermosa Beach, CA

The current real estate market in Hermosa Beach is competitive, with a strong demand for properties due to its desirable coastal location. Home prices have seen a steady increase, reflecting the growing interest in beach living and lifestyle amenities that the city offers.

Buyers are attracted to Hermosa Beach for its excellent schools, waterfront views, and recreational opportunities, contributing to a tight housing market with limited inventory. Sellers benefit from the favorable conditions as homes often sell quickly and above listing prices.

Home Value Estimator For Hermosa Beach, CA

There are currently 6,540 real estate properties in Hermosa Beach, CA, with a median automated valuation model (AVM) price of $2,156,406.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hermosa Beach, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hermosa Beach, CA, is $2,599,367.00, with the most expensive house in Hermosa Beach, CA, topping out at $40,917,712.00 and the cheapest home in Hermosa Beach, CA, clocking in at $10,083.00. In other words, there’s something for every potential homebuyer or savvy investor in Hermosa Beach, CA!

Rent Prices In Hermosa Beach, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hermosa Beach, CA, is on a rollercoaster ride. The average rent price in Hermosa Beach, CA, is $4,971.00. Indeed, when looking to rent in Hermosa Beach, CA, you can expect to pay as little as $2,200.00 or as much as $8,200.00, with the average rent median estimated to be $4,860.00. The good news is that finding an affordable and desirable property to rent in Hermosa Beach, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hermosa Beach, CA 90254 Foreclosures

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