Table of
Contents
Key Statistics for April
Sales 2015 Residential Sales Stats Year-to-Year Total Sales by Map Area Median 2015 Median Sales Stats Year-to-Year Median Sales by Map Area Listings 2015 Active Listings by Map Area 2015 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area Inventory 2015 Months of Inventory by Map Area Year-to-Year Months of Inventory
Outlook for May
About Hady Chahine Contact Information
Key Statistics for April
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Mar 2015 Apr 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 81 79 -2 -2.5%
Median Sales Price 875,000 842,000 (33,000) -3.8%
Median Days to Sell 29 21 -8 -27.6%
Listings 119 156 37 31.1%
Sales/Listing Ratio 68.1% 50.6% -17.5% -25.7%
Months of Inventory 1.5 2 0.5 33.3%
Monthly Comparison Year-to-Year Apr 2014 Apr 2015 Delta Delta Increase Decrease
Total Sales 78 79 1 1.3%
Median Sales Price 724,500 842,000 117,500 16.2%
Median Days to Sell 28 21 -7 -25.0%
Listings 173 156 -17 -9.8%
Months of Inventory 2.0 2.0 0 0.0%
Back to Table of Contents
Total Sales Month-to-Month by Map Area Feb Mar Apr
N Redondo Beach/Villas North 5 18 15
S Redondo Beach W of PCH 4 10 13
N Redondo Beach/Villas South 16 24 16
S Redondo Beach S of Torrance Blvd 7 9 9
S Redondo Beach N of Torrance Blvd 5 9 11
N Redondo Beach/Golden Hills 3 6 7
N Redondo Beach/El Nido 1 5 8
Total Sales 41 81 79
0
10
20
30
40
50
60
70
80
90
Feb Mar Apr
2015 Total Sales Month-to-Month by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Total Sales
Back to Table of Contents
Total Sales Year-to-Year by Map Area 2013 2014 2015
N Redondo Beach/Villas North 17 18 15
S Redondo Beach W of PCH 10 10 13
N Redondo Beach/Villas South 13 18 16
S Redondo Beach S of Torrance Blvd 10 11 9
S Redondo Beach N of Torrance Blvd 5 9 11
N Redondo Beach/Golden Hills 11 6 7
N Redondo Beach/El Nido 8 6 8
Total Sales 74 78 79
0
10
20
30
40
50
60
70
80
2013 2014 2015
Total Sales Year-to-Year by Map Area: April
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Total Sales
Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Feb Mar Apr
N Redondo Beach/Villas North 825,000 863,150 710,000
S Redondo Beach W of PCH 505,750 870,000 730,000
N Redondo Beach/Villas South 755,000 755,750 837,500
S Redondo Beach S of Torrance Blvd 875,000 910,000 958,000
S Redondo Beach N of Torrance Blvd 779,000 1,008,200 1,200,000
N Redondo Beach/Golden Hills 926,500 952,500 920,000
N Redondo Beach/El Nido 599,000 899,900 791,000
Market Median Sales Price 810,000 875,000 842,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Feb Mar Apr
2015 Median Sales Price Month-to-Month by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Market Median Sales Price
Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2013 2014 2015
N Redondo Beach/Villas North 692,000 721,000 710,000
S Redondo Beach W of PCH 711,250 561,500 730,000
N Redondo Beach/Villas South 560,000 761,000 837,500
S Redondo Beach S of Torrance Blvd 744,000 725,000 958,000
S Redondo Beach N of Torrance Blvd 685,000 770,000 1,200,000
N Redondo Beach/Golden Hills 783,000 845,000 920,000
N Redondo Beach/El Nido 641,500 532,500 791,000
Market Median Sales Price 697,500 724,500 842,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
2013 2014 2015
Median Sales Price Year-to-Year by Map Area: April
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Market Median Sales Price
Back to Table of Contents
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 18 24 25 24
S Redondo Beach W of PCH 13 16 17 23
N Redondo Beach/Villas South 31 28 26 31
S Redondo Beach S of Torrance Blvd 15 14 21 21
S Redondo Beach N of Torrance Blvd 12 14 13 30
N Redondo Beach/Golden Hills 2 5 7 16
N Redondo Beach/El Nido 6 11 10 11
Total Active Listings 97 112 119 156
-
5
10
15
20
25
30
35
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Active Listings by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Back to Table of Contents
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 18 24 25 24
S Redondo Beach W of PCH 13 16 17 23
N Redondo Beach/Villas South 31 28 26 31
S Redondo Beach S of Torrance Blvd 15 14 21 21
S Redondo Beach N of Torrance Blvd 12 14 13 30
N Redondo Beach/Golden Hills 2 5 7 16
N Redondo Beach/El Nido 6 11 10 11
Total Active Listings 97 112 119 156
Total Sales 46 41 81 79
Sales/Listings Ratio 47.4% 36.6% 68.1% 50.6%
-
20
40
60
80
100
120
140
160
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
Back to Table of Contents
Active Listings Year-to-Year by Map Area 2013 2014 2015
N Redondo Beach/Villas North 21 37 24
S Redondo Beach W of PCH 32 41 23
N Redondo Beach/Villas South 34 27 31
S Redondo Beach S of Torrance Blvd 29 24 21
S Redondo Beach N of Torrance Blvd 27 18 30
N Redondo Beach/Golden Hills 14 14 16
N Redondo Beach/El Nido 13 12 11
Total Active Listings 170 173 156
0
20
40
60
80
100
120
140
160
180
2013 2014 2015
Active Listings Year-to-Year by Map Area: April
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Total Active Listings
Back to Table of Contents
Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 1.4 4.8 1.4 1.6
S Redondo Beach W of PCH 2.2 4.0 1.7 1.8
N Redondo Beach/Villas South 5.2 1.8 1.1 1.9
S Redondo Beach S of Torrance Blvd 1.9 2.0 2.3 2.3
S Redondo Beach N of Torrance Blvd 2.0 2.8 1.4 2.7
N Redondo Beach/Golden Hills 0.3 1.7 1.2 2.3
N Redondo Beach/El Nido 6.0 11.0 2.0 1.4
-
2.0
4.0
6.0
8.0
10.0
12.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Months of Inventory by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2013 2.6 3.0 1.9 2.3 2.0 1.8 1.9 2.0 2.0 2.2 2.8 1.6
2014 2.6 3.2 1.9 2.0 2.5 2.1 2.0 2.3 2.2 1.8 2.1 1.2
2015 2.1 2.7 1.5 2.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Months of Inventory Year-to-Year
2013
2014
2015
Outlook for May The Redondo Beach real estate market remains HOT! - despite a few month-over-month data points that deviated downward in April. While total sales held strong at 79, the market showed support for the median sales price by limiting the drop to $33K or 3.8%. On a brighter note, the median days to sell fell by 27.6% and total listings increased by 31.1%! In the news… C.A.R. reports a 33% bump in homebuyers purchasing “median-priced, existing single-family home in California” year-over-year.
See: http://www.car.org/newsstand/newsreleases/2015releases/1qtrhousingaff?view=Standard According to Zillow, the median home valuation for this cozy beach community grew by “4.4%” over the past year” and expectations remain positive growth will continue into 2016.
See: http://www.zillow.com/redondo-beach-ca/home-values/ Your recap…
Back to Table of Contents
Month-to-Month Comparison Mar 2015 Apr 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 81 79 -2 -2.5%
Median Sales Price 875,000 842,000 (33,000) -3.8%
Median Days to Sell 29 21 -8 -27.6%
Listings 119 156 37 31.1%
Sales/Listing Ratio 68.1% 50.6% -17.5% -25.7%
Months of Inventory 1.5 2 0.5 33.3%
Serving South Bay Home Buyers and Sellers Since 2001
RE/MAX Top 4 Team in California – 2012
RE/MAX 100% Club - 2011
Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010
Back to Table of Contents
About
Hady Chahine…
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for
any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet
Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy
of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal
inspection by and/or with the appropriate professionals.
Back to Table of Contents
Listings MLS BLOG Website