hermosa beach real estate market conditions - october 2013

8/13/2019 Hermosa Beach Real Estate Market Conditions - October 2013

1/15


2/15

Table ofContents

Key Statistics for October

Sales

2013 Residential Sales Stats: Aug - Oct

Year-to-Year Total Sales by Map Area: Oct

Median

2013 Median Sales Stats: Aug - Oct

Year-to-Year Median Sales by Map Area: Oct

Listings2013 Active Listings by Map Area

2013 Total Active Listings vs. Total Sales

Year-to-Year Active Listings by Map Area: Oct

Inventory

2013 Months of Inventory by Map Area

Year-to-Year Months of Inventory

Outlook for November

About the Mother & Son South Bay Real Estate Team

Contact Information


3/15

Key Statistics for October

Back to Table of Contents

Month-to-Month Comparison Sep 2013 Oct 2013 Delta (qty) Delta (%) Increase Decrease

Total Sales 15 22 7 46.67%Median Sales Price 1,065,000 1,300,000 235,000 22.07%

Median Days to Sell 33 38 5 15.15%

Listings 165 150 -15 -9.09%

Sales/Listing Ratio 49.7 45.3 -4.4 -8.85%

Inventory Turnover 2 2.2 0.2 10.00%

Monthly Comparison Year-to-Year Oct 2012 Oct 2013 Delta Delta Increase Decrease

Total Sales 16 22 6 37.50%Median Sales Price 895,000 1,300,000 405,000 45.25%

Median Days to Sell 71 38 -33 -46.48%

Listings 65 51 -14 -21.54%

Inventory Turnover 4.1 2.3 -1.8 -43.90%

= trending positive = trending positive

= trending negative = trending negative


4/15


0

2

4

6

8

10

12

14

Aug Sep Oct

2013 Residential Sales Statistics: Aug - Oct

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

2013 Residential Sales by Map Area Aug Sep Oct

Hermosa Bch Sand 13 7 9

Hermosa Bch Valley 6 3 5

Hermosa Bch East 11 5 8

Total Sales 30 15 22


5/15


0

5

10

15

20

25

2011 2012 2013

Total Sales by Map Area: Year-to-Year for October

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

Total Sales

Sales by Map Area: Year-to-Year for October 2011 2012 2013




Total Sales 11 16 22


6/15


-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

Aug Sep Oct

2013 Median Sales Statistics: Aug - Oct

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

Market Medians

2013 Median Sales by Map Area Aug Sep Oct

Hermosa Bch Sand 1,651,000 1,550,000 1,425,000

Hermosa Bch Valley 705,000 1,105,000 1,399,000

Hermosa Bch East 950,000 957,000 845,500

Market Medians 1,207,500 1,065,000 1,300,000


7/15Back to Table of Contents

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

2011 2012 2013

Median Sales Price by Map Area: Year-to-Year for October

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

Total Market Sales Medians

Median Sales Price by Map Area: Year-to-Year for October 2011 2012 2013

Hermosa Bch Sand 1,409,000 1,160,000 1,425,000

Hermosa Bch Valley 649,000 972,500 1,399,000

Hermosa Bch East 1,025,000 620,000 845,500

Total Market Sales Medians 1,000,000 895,000 1,300,000



-

5

10

15

20

25

30

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2013 Active Listings by Map Area

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

2013 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Hermosa Bch Sand 18 19 26 30 23 19 15 17 20 21

Hermosa Bch Valley 17 15 17 20 22 18 15 14 16 17

Hermosa Bch East 12 18 16 16 18 20 21 16 18 13

Total Active Listings 47 52 59 66 63 57 51 47 54 51



2013 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Hermosa Bch Sand 18 19 26 30 23 19 15 17 20 21

Hermosa Bch Valley 17 15 17 20 22 18 15 14 16 17

Hermosa Bch East 12 18 16 16 18 20 21 16 18 13

Total Active Listings 47 52 59 66 63 57 51 47 54 51

Total Sales 8 12 16 19 26 20 30 30 15 22

Sales/Listings Ratio 17.0% 23.1% 27.1% 28.8% 41.3% 35.1% 58.8% 63.8% 27.8% 43.1%

-

10

20

30

40

50

60

70


2013 Total Active Listings vs. Total Sales

Total Active Listings

Total Sales



0

10

20

30

40

50

60

70

80

90

2011 2012 2013

Active Listings by Map Area: Year-to-Year for October

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

Total Active Listings

Active Listings by Map Area: Year-to-Year for October 2011 2012 2013




Total Active Listings 84 65 51



-

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0


2013 Months of Inventory by Map Area

Hermosa Bch SandHermosa Bch Valley

Hermosa Bch East

2013 Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Hermosa Bch Sand 6.0 3.8 3.8 3.8 2.1 2.7 1.4 1.3 2.9 1.9

Hermosa Bch Valley 8.5 - - 4.0 2.8 3.0 1.7 2.3 5.3 2.6

Hermosa Bch East 4.0 2.6 2.6 2.7 2.6 2.9 2.1 1.5 3.6 2.6



-

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

20.0


Months of Inventory: Year-to-Year

2011

2012

2013

Months of Inventory: Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 7.6 19.0 10.2 10.3 3.4 4.5 5.1 4.8 5.9 7.6 6.4 4.6

2012 5.9 4.4 3.3 5.1 3.7 4.5 3.8 4.0 3.2 4.1 3.1 1.8

2013 5.9 4.3 3.7 3.5 2.4 2.9 1.7 1.6 3.6 2.3


13/15

Outlook for NovemberDespite the decreasing behavior for active listings and sales/listings ratio, as well as increasing

movement for median days to sell and inventory turnover, overall data reveals total sales and median

sales price are trending positive.

According to MLS data, combined with news from the Federal Reserve and its intention to continue QEpolicy through 2013, and perhaps well into 2014, it appears this positive activity is likely to continue during

the month of November.

With this in mind, the recap is



14/15

About the Mother & Son

South Bay Real Estate Team

Serving South Bay Home Buyers and Sellers Since 1989

RE/MAX Top 4 Team in California2012

RE/MAX 100% Club - 2011

Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010

Shorewood Realtors Top Producing Agent (Hassana 1989-2001)

ABR, RS, GRI, BPOR, SBAOR, CAR, NAR, IRES



15/15

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitors 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.

Website: http://HHCRealEstate.com

Listings: http://HHCRealEstate.com/featured-south-bay-homes

MLS: http://HHCRealEstate.com/south-bay-mls-real-estate-listings

Blog: http://HHCRealEstate.com/real-estate-news/

Hady Chahine [email protected] 310-404-5361

Hassana Chahine [email protected]

310-756-8949

http://hhcrealestate.com/http://hhcrealestate.com/featured-south-bay-homeshttp://hhcrealestate.com/south-bay-mls-real-estate-listingshttp://hhcrealestate.com/real-estate-news/http://hhcrealestate.com/real-estate-news/http://hhcrealestate.com/south-bay-mls-real-estate-listingshttp://hhcrealestate.com/featured-south-bay-homeshttp://hhcrealestate.com/

hermosa beach real estate market conditions - october 2013

Documents