Date post: | 13-Apr-2017 |
Category: |
Real Estate |
Upload: | hhc-south-bay-real-estate-agents |
View: | 122 times |
Download: | 0 times |
Table of
Contents
Key Statistics for January
Sales 2016 Residential Sales Stats Year-to-Year Total Sales by Map Area Median 2016 Median Sales Stats Year-to-Year Median Sales by Map Area Listings 2016 Active Listings by Map Area 2016 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area Inventory 2016 Months of Inventory by Map Area Year-to-Year Months of Inventory
Summary
About Hady Chahine Contact Information
Key Statistics for January
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Dec 2015 Jan 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 20 10 -10 -50.00%
Median Sales Price 1,837,500 1,833,500 (4,000) -0.22%
Median Days to Sell 34 80 46 135.29%
Listings 29 38 9 31.03%
Sales/Listing Ratio 69.0% 26.3% -42.7% -61.88%
Months of Inventory 1.0 4.0 3 300.00%
Monthly Comparison Year-to-Year Jan 2015 Jan 2016 Delta Delta Increase Decrease
Total Sales 15 10 -5 -33.33%
Median Sales Price 1,640,000 1,833,500 193,500 11.80%
Median Days to Sell 48 80 32 66.67%
Listings 34 38 4 11.76%
Months of Inventory 2.0 4.0 2 100.00%
Back to Table of Contents
Total Sales Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 7
Hermosa Bch Valley 2
Hermosa Bch East 1
Total Sales 10
-
1
2
3
4
5
6
7
8
9
10
Jan Feb Mar
2016 Total Sales Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Total Sales Year-to-Year by Map Area 2014 2015 2016
Hermosa Bch Sand 3 9 7
Hermosa Bch Valley 5 2 2
Hermosa Bch East 3 4 1
Total Sales 11 15 10
-
2
4
6
8
10
12
14
16
2014 2015 2016
Total Sales Year-to-Year by Map Area: January
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 1,792,000
Hermosa Bch Valley 2,158,750
Hermosa Bch East 1,310,000
Market Median Sales Price 1,833,500
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
Jan Feb Mar
2016 Median Sales Price Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2014 2015 2016
Hermosa Bch Sand 1,165,000 1,695,000 1,792,000
Hermosa Bch Valley 1,001,500 1,500,000 2,158,750
Hermosa Bch East 715,250 1,662,500 1,310,000
Market Median Sales Price 878,000 1,640,000 1,833,500
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
2014 2015 2016
Median Sales Price Year-to-Year by Map Area: January
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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
Hermosa Bch Sand 21
Hermosa Bch Valley 11
Hermosa Bch East 6
Total Active Listings 38
-
5
10
15
20
25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Active Listings by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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
Hermosa Bch Sand 21
Hermosa Bch Valley 11
Hermosa Bch East 6
Total Active Listings 38
Total Sales 10
Sales/Listings Ratio 26.3%
-
5
10
15
20
25
30
35
40
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
Back to Table of Contents
Active Listings Year-to-Year by Map Area 2014 2015 2016
Hermosa Bch Sand 14 20 21
Hermosa Bch Valley 13 8 11
Hermosa Bch East 10 6 6
Total Active Listings 37 34 38
-
5
10
15
20
25
30
35
40
2014 2015 2016
Active Listings Year-to-Year by Map Area: January
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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
Hermosa Bch Sand 3.0
Hermosa Bch Valley 6.0
Hermosa Bch East 6.0
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Months of Inventory by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 3.0 3.0 5.0 2.0 3.0 3.0 3.0 2.0 2.0 3.0 4.0 2.0
2015 2.0 5.0 2.0 2.0 4.0 3.0 4.0 3.0 3.0 3.0 2.0 2.0
2016 4.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2014
2015
2016
Summary January was a disappointing month for real estate activity in Hermosa Beach as total sales dropped 50%, median sales price fell by 22%, median days to sell increased 135+%, and the sales-listing ratio plummeted by more than 60%. Year-over-year analysis, however, reveals the market median sales price improved $193.5K.
In the news… According to C.A.R., “January’s statewide median home price was $468,330, down 4.3 percent from December and up 9.2 percent from January 2015.” http://www.car.org/newsstand/newsreleases/2016releases/january2016sales?view=Standard
For listing or buying guidance, or additional statistics on market trending behavior, please do not hesitate to contact me. - My job is your future.
Back to Table of Contents
Month-to-Month Comparison Dec 2015 Jan 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 20 10 -10 -50.00%
Median Sales Price 1,837,500 1,833,500 (4,000) -0.22%
Median Days to Sell 34 80 46 135.29%
Listings 29 38 9 31.03%
Sales/Listing Ratio 69.0% 26.3% -42.7% -61.88%
Months of Inventory 1.0 4.0 3 300.00%
Monthly Comparison Year-to-Year Jan 2015 Jan 2016 Delta Delta Increase Decrease
Total Sales 15 10 -5 -33.33%
Median Sales Price 1,640,000 1,833,500 193,500 11.80%
Median Days to Sell 48 80 32 66.67%
Listings 34 38 4 11.76%
Months of Inventory 2.0 4.0 2 100.00%
About
Hady Chahine…
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
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.
Hady Chahine
• 310-404-5361
Back to Table of Contents
Listings MLS BLOG Website