Table of
Contents
Key Statistics for July
Sales 2017 Residential Sales Stats Year-to-Year Total Sales by Map Area Median 2017 Median Sales Stats Year-to-Year Median Sales by Map Area Listings 2017 Active Listings by Map Area 2017 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area Inventory 2017 Months of Inventory by Map Area Year-to-Year Months of Inventory
Summary
About Hady Chahine Contact Information
Key Statistics for July
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison June 2017 July 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 138 80 -58 -42.0%
Median Sales Price 764,000 777,500 13,500 1.77%
Median Days to Sell 10 10 0 0.0%
Listings 136 154 18 13.2%
Sales/Listing Ratio 101.5% 51.9% -49.6% -48.9%
Months of Inventory 1.0 2.0 1.0 100.0%
Monthly Comparison Year-to-Year July 2016 July 2017 Delta Delta Increase Decrease
Total Sales 103 80 -23 -22.3%
Median Sales Price 695,900 777,500 81,600 11.7%
Median Days to Sell 33 10 -23 -69.7%
Listings 179 154 -25 -14.0%
Months of Inventory 2.0 2.0 0 0.0%
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Total Sales Month-to-Month by Map Area May Jun Jul
Central Torrance 18 15 10
South East Torrance - West 7 17 9
Hollywood Riviera 7 18 9
South Torrance 9 13 4
Southwood 5 10 6
West Torrance 11 6 7
N Torrance - West 9 20 10
N Torrance - East 6 6 7
Old Torrance 12 18 8
South East Torrance - East 6 15 10
Total Sales 90 138 80
-
20
40
60
80
100
120
140
May Jun Jul
2017 Total Sales Month-to-Month by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Sales
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Total Sales Year-to-Year by Map Area 2015 2016 2017
Central Torrance 14 15 10
South East Torrance - West 7 12 9
Hollywood Riviera 12 11 9
South Torrance 7 7 4
Southwood 6 5 6
West Torrance 13 9 7
N Torrance - West 25 15 10
N Torrance - East 10 7 7
Old Torrance 9 17 8
South East Torrance - East 5 5 10
Total Sales 108 103 80
-
20
40
60
80
100
120
2015 2016 2017
Total Sales Year-to-Year by Map Area: July
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Sales
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Median Sales Price Month-to-Month by Map Area May Jun Jul
Central Torrance 712,500 608,000 870,000
South East Torrance - West 840,000 470,000 450,000
Hollywood Riviera 1,405,000 1,396,500 1,150,000
South Torrance 890,000 995,000 872,500
Southwood 800,000 968,000 884,900
West Torrance 1,125,000 981,500 895,000
N Torrance - West 690,000 665,000 695,000
N Torrance - East 706,000 658,000 655,000
Old Torrance 640,000 650,000 702,500
South East Torrance - East 774,500 785,000 784,500
Market Median Sales Price 764,200 764,000 777,500
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
May Jun Jul
2017 Median Sales Price Month-to-Month by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Market Median Sales Price
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Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Central Torrance 577,500 700,000 870,000
South East Torrance - West 740,000 662,500 450,000
Hollywood Riviera 1,142,750 1,200,000 1,150,000
South Torrance 900,000 865,000 872,500
Southwood 767,000 750,000 884,900
West Torrance 759,900 845,000 895,000
N Torrance - West 634,000 513,000 695,000
N Torrance - East 541,000 655,000 655,000
Old Torrance 543,600 610,000 702,500
South East Torrance - East 750,000 750,000 784,500
Market Median Sales Price 659,500 695,900 777,500
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
2015 2016 2017
Median Sales Price Year-to-Year by Map Area: July
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Market Median Sales Price
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Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Central Torrance 20 9 12 15 14 15 25
South East Torrance - West 5 8 15 16 9 12 13
Hollywood Riviera 20 13 18 21 22 22 16
South Torrance 6 8 13 6 11 15 21
Southwood 6 10 6 5 6 6 8
West Torrance 16 9 8 9 6 9 14
N Torrance - West 16 9 15 17 18 18 18
N Torrance - East 6 3 2 5 3 5 5
Old Torrance 13 12 18 21 21 23 19
South East Torrance - East 6 6 7 14 11 11 15
Total Active Listings 114 87 114 129 121 136 154
-
5
10
15
20
25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Active Listings by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
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Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Central Torrance 20 9 12 15 14 15 25
South East Torrance - West 5 8 15 16 9 12 13
Hollywood Riviera 20 13 18 21 22 22 16
South Torrance 6 8 13 6 11 15 21
Southwood 6 10 6 5 6 6 8
West Torrance 16 9 8 9 6 9 14
N Torrance - West 16 9 15 17 18 18 18
N Torrance - East 6 3 2 5 3 5 5
Old Torrance 13 12 18 21 21 23 19
South East Torrance - East 6 6 7 14 11 11 15
Total Active Listings 114 87 114 129 121 136 154
Total Sales 56 58 78 80 90 138 80
Sales/Listings Ratio 49.1% 66.7% 68.4% 62.0% 74.4% 101.5% 51.9%
-
50
100
150
200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
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Active Listings Year-to-Year by Map Area 2015 2016 2017
Central Torrance 37 22 25
South East Torrance - West 17 13 13
Hollywood Riviera 32 23 16
South Torrance 19 21 21
Southwood 10 8 8
West Torrance 16 11 14
N Torrance - West 34 33 18
N Torrance - East 14 11 5
Old Torrance 22 25 19
South East Torrance - East 15 12 15
Total Active Listings 216 179 154
-
50
100
150
200
250
2015 2016 2017
Active Listings Year-to-Year by Map Area: July
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Active Listings
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Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Central Torrance 3.0 1.0 1.0 1.0 1.0 1.0 3.0
South East Torrance - West 1.0 3.0 3.0 4.0 1.0 1.0 1.0
Hollywood Riviera 2.0 1.0 2.0 3.0 3.0 1.0 2.0
South Torrance 1.0 4.0 2.0 1.0 1.0 1.0 5.0
Southwood 2.0 3.0 1.0 1.0 1.0 1.0 1.0
West Torrance 4.0 1.0 1.0 1.0 1.0 2.0 2.0
N Torrance - West 2.0 1.0 2.0 1.0 2.0 1.0 2.0
N Torrance - East 2.0 1.0 - 2.0 1.0 1.0 1.0
Old Torrance 4.0 2.0 3.0 2.0 2.0 1.0 2.0
South East Torrance - East 3.0 3.0 2.0 14.0 2.0 1.0 2.0
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Months of Inventory by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
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Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 4.0 3.0 2.0 2.0 2.0 2.0 2.0 2.0 3.0 3.0 3.0 1.0
2016 3.0 3.0 2.0 2.0 2.0 2.0 2.0 1.0 2.0 2.0 1.0 1.0
2017 2.0 2.0 1.0 2.0 1.0 1.0 2.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2015
2016
2017
Summary Hermosa Beach real estate activity in July resulted in a $13,500 increase in the median sales price while net listings improved 13.2%. However, total closed escrows dropped by 42% while the sales-listing ratio decreased 48.9%. Year-over-year months of inventory data point held constant at 2.0.
In June, C.A.R. reported ““With active listings 13.5 percent lower than last June, we’ve now experienced a full two years in which active listings have fallen on a year-over-year basis and the lowest inventory level this year. Would-be sellers aren’t listing their homes as many of them would also face an inventory challenge if they were to turn around and buy another property.” http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/june2017sales
For listing or buying guidance, or additional statistics on market trending behavior, please do not hesitate to contact me to schedule a time to discuss how I can be of service to you.
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Monthly Comparison Year-to-Year July 2016 July 2017 Delta Delta Increase Decrease
Total Sales 103 80 -23 -22.3%
Median Sales Price 695,900 777,500 81,600 11.7%
Median Days to Sell 33 10 -23 -69.7%
Listings 179 154 -25 -14.0%
Months of Inventory 2.0 2.0 0 0.0%
Month-to-Month Comparison June 2017 July 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 138 80 -58 -42.0%
Median Sales Price 764,000 777,500 13,500 1.77%
Median Days to Sell 10 10 0 0.0%
Listings 136 154 18 13.2%
Sales/Listing Ratio 101.5% 51.9% -49.6% -48.9%
Months of Inventory 1.0 2.0 1.0 100.0%
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