Hermosa Beach

Hermosa Beach is the smallest of the three beach cities by transaction volume and the widest in its range of prices, and both facts come from the same geography: nearly two miles of sand with the Strand and the pier at its center, then a hill, then a valley, all inside a city small enough to walk end to end. Over the twelve months ending August 2026, detached homes sold at a median of $2,720,000 and $1,294 per square foot across 119 closed sales, in a median of 12 days at 99.9 percent of the original asking price, with 3.3 months of inventory. The average, $3,718,818, sits a million dollars above the median because the Sand Section and the Strand trade in a different league from the rest of the city.

Three sections, three markets. The Sand Section runs from the water to Valley Drive and carries the walk streets, the Strand and most of the price; Hermosa Valley sits between Valley Drive and Pacific Coast Highway on lots that are often a little larger for the money; and East Hermosa climbs the hill above the highway to views that are priced by what they take in. The first question on any valuation here is which of the three a house is in, and the second is how far it sits from the sand, because the same square footage moves by hundreds of dollars a foot between them.

Chhabria Real Estate Company has sold on this coast since 1984. Raju Chhabria was the number one agent at Shorewood Realtors every year from 1995 to 2014, and Neil and Anand Chhabria carry that work forward with more than $375 million of Neil’s own career sales behind it. What follows is the city as we price it: the numbers, the three sections, the speed of the market, and how life here actually runs.

Neighborhoods in Hermosa Beach

Hermosa Beach runs three sections from the sand inland, and the difference between them is the difference between beach living and neighborhood living.

What do homes cost in Hermosa Beach?

Over the twelve months ending August 2026, detached homes in Hermosa Beach sold at a median price of $2,720,000 and an average price of $3,718,818, across 119 closed sales. The median price per square foot was $1,294.

Average and median describe the same market differently. The average is every sale added together and divided by the number of sales, so a small number of high-value homes lifts it. The median is the middle sale, so the median stays closer to the typical home. Both are shown here. Why the two numbers differ, and which one to use.

Why is the price range so wide in Hermosa Beach?

The average sale price in Hermosa Beach ran 36.7% above the median over the twelve months ending August 2026. That is the widest spread of any South Bay market tracked on this site, against 16.3% in Manhattan Beach, 14.7% in Redondo Beach and 27.3% in Palos Verdes Estates.

A gap that wide means the top of the Hermosa Beach market sits a long way above its middle. In a city roughly a mile and a half deep, a walk-street or Strand-adjacent property and a home east of Pacific Coast Highway are in the same city and not in the same market. Anyone pricing from a Hermosa Beach city average will be wrong in one direction or the other by a wide margin, and the median is the safer starting point.

How quickly do homes sell in Hermosa Beach?

Detached homes in Hermosa Beach sold in a median of 12 days at 99.9% of original list price over the twelve months ending August 2026, matching Manhattan Beach on both counts. Across the three beach cities the median was 12.7 days and 99.8% of original price; across the three Palos Verdes Peninsula cities it was 19.7 days and 97.2%. The beach cities clear faster and closer to asking than the Peninsula does.

What MLS areas make up Hermosa Beach?

Hermosa Beach divides into three MLS areas: 148 (Sand Section), 149 (Valley) and 150 (East). The Sand Section has its own page: Hermosa Beach Sand Section.

South Bay life from Hermosa Beach

Hermosa runs the loudest nightlife in the South Bay, the one of the largest beachside arts and crafts fairs in Southern California, twice a year, and 71 public volleyball courts. It also has the strictest rules about what you can do on the sand.

Working in Hermosa Beach

Chhabria Real Estate Company has sold homes on the Palos Verdes Peninsula and in the Beach Cities since 1984. Raju Chhabria was the number one agent at Shorewood Realtors every year from 1995 to 2014, and Neil and Anand Chhabria carry that work forward here today. In Hermosa Beach the practical question on any valuation is which of the three sections a property competes in, because the city-wide figure sits between markets rather than describing either of them.

Source: California Regional MLS (CRMLS), via InfoSparks. Residential detached homes, rolling twelve months ending August 2026, reported by city. Refreshed quarterly. Market statistics describe cities and neighborhoods, not individual homes, and no figure here is an appraisal or opinion of value for any specific property.