November 2026 Hermosa Beach Real Estate Market Update: Closed Sales Jump 130% as Median Price Climbs 23.6%

16 new listings and 14 pending sales

Let's go over a market update for Hermosa Beach.

The first thing I'm looking at is new activity. There were 16 new listings in Hermosa Beach in the latest month, and 14 pending transactions.

Pending sales are down 17.6% from last month, but they're actually up 16.7% year over year.

Days on market: 52 days

Homes are taking longer to go from listing to closing in the current cycle. The average home is spending about 52 days on the market right now.

Median sales price: about $2,565,000, up 23.6%

The median sales price is about $2,565,000, up 23.6% from last year.

Closed sales: 23, up 130% from last month

This is the stat I really want to point out. Closed sales rose to 23 this month, up 130% from last month and up 64.3% year over year.

SpaceX is bringing more buyers to the South Bay

That's a very important stat for Hermosa Beach, because one big change is happening: SpaceX going public. Since the IPO, we've seen a lot more demand come to the area.

We're seeing it immediately in our office, with more buyers coming to the table and making offers on homes. And across the wider community, there's a lot of talk about buyers with newfound money purchasing property all around the South Bay and Los Angeles.

What this means for buyers and sellers

Buyers, if you're looking to buy in the South Bay, demand has increased, so it's really important to stay competitive.

Sellers, if you're thinking about getting on the market, approach it in a methodical way so you can maximize the potential sale of your home.

Questions about these numbers?

Thank you so much for going over these stats with me. If you have any further questions about these numbers and how they affect you as a buyer or a seller, please feel free to reach out. We're here to help.

Jerry Morales
Kaminsky Real Estate Group · eXp Luxury
310.798.1277 · itzsold.com