Hermosa Beach Housing Market Report – March 2026
Here's a look at how the Hermosa Beach, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 23
- Median Sale Price: $1,850,000
- Average Sale Price: $2,241,391
- Average Price Per Sq Ft: $1,208
- Average Days on Market: 74
- Sale-to-List Price Ratio: 98.5%
Month-Over-Month Trends
Compared to February, the median sale price in Hermosa Beach moved 32.0% down (from $2,720,000 to $1,850,000). The number of homes sold was 35.3% up compared to the prior month (17 vs. 23). Average days on market shifted 26.7% down (101 days to 74 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 21.3% down (from $2,350,000 to $1,850,000). Sales volume is 35.3% up year-over-year.
What This Means
Hermosa Beach's real estate market is showing interesting mixed signals this March. While the median price dropped significantly—down 32 percent month-over-month to $1.85 million—sales activity jumped 35 percent with 23 homes changing hands. This suggests buyers are taking advantage of lower prices, though the steep monthly dip likely reflects normal spring volatility rather than a sustained correction. The year-over-year median price decline of 21 percent indicates some genuine cooling from last year's peak, but the uptick in transactions suggests the market isn't stalling out completely.
What's encouraging for sellers is that homes are moving faster and closer to asking price. The average days on market fell to 74 days from 101, while the sale-to-list ratio held steady at 98.5 percent, meaning buyers aren't aggressively negotiating down. This tells us there's real buyer demand at current price points, even if those points are lower than we saw a year ago. However, with 47 active listings sitting at a median asking price of $3.19 million and averaging 63 days on market, there's notable inventory in the upper price range that may be facing some resistance. For buyers, this could mean opportunities remain, but serious competition still exists for well-priced homes.
Hermosa Beach Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90254 | 23 | $1,850,000 | $1,208 | 74 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 8 | $1,975,000 | $1,234 |
| TOWNHOMES | 6 | $2,512,500 | $1,101 |
| CONDOS | 4 | $834,500 | $1,110 |
| MULTI_FAMILY | 4 | $2,245,000 | $1,502 |
| CONDO | 1 | $3,900,000 | $1,450 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 22 |
Current Active Listings
As of this report, there are 47 active listings in Hermosa Beach with a median asking price of $3,188,000 and an average of 63 days on market.
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