Here’s a bit of a recap on January and how the various “sections” of Hermosa Beach compared with one another. If you’re not familiar with Hermosa real estate, the small coastal city is broken into the “sand section” which is west of Valley, the Valley section which generally extends from Valley up to PCH and east Hermosa or the hill section which is everything east of PCH. Not surprisingly prices tend to drop as you get further from the beach but big views do impact values in the valley and east Hermosa areas.
View the current homes for sale in all of Hermosa Beach
Sand Section of Hermosa (orange)
- Number of sold homes: 5
- Median “list” price: $1,999,000
- Median “sold” price: $1,970,000
- Highest price: $3,595,000
- Lowest price $1,205,000
- Average price per foot: $1,012
- Median days on market: 12
Valley Section of Hermosa (pink)
- Number of sold homes: 1
- Median “list” price: $2,100,000
- Median “sold” price: $1,800,000
- Average price per foot: $1,561
- Median days on market: 120
Hill Section of Hermosa -east of PCH (purple)
- Number of sold homes: 1
- Median “list” price: $1,649,500
- Median “sold” price: $1,738,500
- Highest price of the month: $2,556,000
- Lowest price of the month: $965,000
- Average price per foot: $993
- Median days on market: 23
incredible new construction single family home on a great Manhattan walkstreet. 3 levels of luxury with unbelievable ocean views from 2 levels. Open concept living spaces make this a dream home with casual coastal elegance throughout. The home offered 5 beautiful bedrooms, 7 baths, almost 4,300 square feet and incredible ocean views.
at 717 Esplanade was a staple of the beachfront real estate market and it felt like it was always on the market….and that’s because it was. Originally listed in 2013 at $14,250,000, the home had years of price reductions and realtor changes. After years of steadily reducing the asking price, it finally worked was a price of $9,975,000 back in July of 2019. It finaly went into escrow in January 2020 and closed in February. The home offered 4 bedrooms, 6 1/2 baths and an incredible 7,000+ square feet. The sales price was $9,675,000.