Hermosa Beach

Residential Real Estate

Market Conditions
October 2015

Key Statistics for October

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

Table of
Contents

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
Summary

About Hady Chahine

Contact Information

Key Statistics for October

Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory

Sep 2015

Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory

Oct 2014

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19
1,300,000
36
55
34.5%
3.0

16
1,267,500
27
50
2.8

Oct 2015
21
1,265,000
35
50
42.0%
2.0

Oct 2015
21
1,265,000
35
50
2.0

Delta (qty)
2
(35,000)
-1
-5
7.5%
-1

Delta
5
(2,500)
8
0
-0.8

Delta (%)
10.53%
-2.69%
-2.78%
-9.09%
21.74%
-33.33%

Increase

Decrease

Delta
31.25%
-0.20%
29.63%
0.00%
-28.57%

Increase

Decrease

= trending positive

= trending positive

= trending negative

= trending negative

Total Sales Month-to-Month by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

Aug
12
3
8
23

Sep
7
7
5
19

Oct
13
5
3
21

2015 Total Sales Month-to-Month by Map Area

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley
10

Hermosa Bch East

Total Sales

Aug

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Sep

Oct

Total Sales Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

2013
8
6
7
21

2014
7
4
5
16

2015
13
5
3
21

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

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley
10

Hermosa Bch East

Total Sales

2013

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2014

2015

Median Sales Price Month-to-Month by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price

Aug
1,437,500
1,475,000
1,300,000
1,425,000

Sep
1,875,000
890,000
1,060,000
1,300,000

Oct
2,100,000
635,000
1,200,000
1,265,000

2015 Median Sales Price Month-to-Month by Map Area

2,500,000

2,000,000

1,500,000
Hermosa Bch Sand
Hermosa Bch Valley
1,000,000

Hermosa Bch East

Market Median Sales Price

500,000

Aug

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Sep

Oct

Median Sales Price Year-to-Year by Map Area

2013
Hermosa Bch Sand
1,412,500
Hermosa Bch Valley
1,349,500
Hermosa Bch East
865,000
Market Median Sales Price 1,300,000

2014
1,499,000
718,000
1,350,000
1,267,500

2015
2,100,000
635,000
1,200,000
1,265,000

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

2,500,000

2,000,000

1,500,000
Hermosa Bch Sand
Hermosa Bch Valley
1,000,000

Hermosa Bch East

Market Median Sales Price

500,000

2013

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2014

2015

2015 Active Listings by Map Area

45
40
35
30
25
20
Hermosa Bch Sand

15

Hermosa Bch Valley

Hermosa Bch East

10
5
Jan

Feb

Active Listings vs. Total Sales by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings
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Mar

Jan
16
6
5
27

Apr

Feb
21
6
9
36

May

Mar
24
5
9
38

Apr
29
7
15
51

Jun

May
36
7
9
52

Jul

Jun
35
5
9
49

Aug

Jul
33
7
11
51

Sep

Oct

Aug
36
10
9
55

Sep
41
9
5
55

Nov

Oct
30
10
10
50

Dec

Nov

Dec

2015 Total Active Listings vs. Total Sales

60

50

40

30

20
Total Active Listings
Total Sales

10

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Active Listings vs. Total Sales by Map Area

Jan
Feb Mar Apr May Jun
Jul
Aug Sep Oct Nov
Hermosa Bch Sand
16
21
24
29
36
35
33
36
41
30
Hermosa Bch Valley
6
6
5
7
7
5
7
10
9
10
Hermosa Bch East
5
9
9
15
9
9
11
9
5
10
Total Active Listings
27
36
38
51
52
49
51
55
55
50
Total Sales
15
9
20
30
15
21
14
23
19
21
Sales/Listings Ratio 55.6% 25.0% 52.6% 58.8% 28.8% 42.9% 27.5% 41.8% 34.5% 42.0%
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Dec

Active Listings Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings

2013
17
15
22
54

2014
26
11
13
50

2015
30
10
10
50

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

60

50

40
Hermosa Bch Sand
30

Hermosa Bch Valley

Hermosa Bch East

20

Total Active Listings

10

2013

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2014

2015

2015 Months of Inventory by Map Area

6.0

5.0

4.0

3.0

Hermosa Bch Sand

2.0

Hermosa Bch Valley

Hermosa Bch East

1.0

Jan

Months of Inventory by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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Feb

Jan
1.8
3.0
1.3

Mar

Feb
5.3
3.0
3.0

Apr

Mar
2.4
1.3
1.5

May

Apr
2.1
1.0
1.7

Jun

May
5.0
2.5
1.5

Jul

Jun
5.0
1.0
1.0

Aug

Jul
4.0
2.0

Sep

Aug
3.0
3.0
1.0

Oct

Sep
6.0
1.0
1.0

Nov

Oct
2.0
2.0
3.0

Dec

Nov

Dec

Months of Inventory Year-to-Year

6.0

5.0

4.0

3.0

2013

2.0

2014
2015

1.0

Jan

Feb

Months of Inventory Year-to-Year

2013
2014
2015
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Mar

Jan
5.9
2.8
1.8

Apr

Feb
4.3
2.7
4.0

May

Jun

Mar
3.7
4.6
1.9

Apr
3.5
1.6
1.7

Jul

May
2.4
2.7
1.5

Aug

Jun
2.9
2.5
2.0

Sep

Jul
1.7
2.3
4.0

Aug
1.6
2.1
2.0

Oct

Sep
3.6
2.0
3.0

Nov

Dec

Oct
2.3
2.8
2.0

Nov
2.1
3.8

Dec
1.8
1.7

Summary
Overall real estate activity for Hermosa Beach during October was reassuring as total sales increased 10.53%, median days to sell
fell by 2.78%, and sales/listing ratio improved by more than 21% compared to September. The flip side to this coin, however, is
that the median sales price and total listings dropped 2.69% and 9.09% respectively. Year-over-year analysis reveals a relatively
stable median sales price at the $1.265 million range.
In the news According to C.A.R., statewide home sales exceeded the 400,000 level in the October for the seventh consecutive
month and posted higher on a year-to-year basis for the ninth straight month.
http://www.car.org/newsstand/newsreleases/2015releases/october2015sales?view=Standard
For home owners thinking of selling but curious about valuation and marketing strategy please give me a call today to schedule a
free CMA consultation. - No commitment, just a meet-and-greet and a chance to pick my brain about property value and market
behavior in your local neighborhood.

Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory
Monthly Comparison Year-to-Year
Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory
Back to Table of Contents

Sep 2015

Oct 2015

19
1,300,000
36
55
34.5%
3.0
Oct 2014
16
1,267,500
27
50
2.8

21
1,265,000
35
50
42.0%
2.0
Oct 2015
21
1,265,000
35
50
2.0

Delta (qty)
2
(35,000)
-1
-5
7.5%
-1
Delta
5
(2,500)
8
0
-0.8

Delta (%)
10.53%
-2.69%
-2.78%
-9.09%
21.74%
-33.33%
Delta
31.25%
-0.20%
29.63%
0.00%
-28.57%

Increase

Decrease

Increase

Decrease

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

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Hady Chahine
hady@hadychahine.com
310-404-5361

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BLOG

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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.

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