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Table of
Contents
Key Statistics for August
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
Recap & Outlook for September
About Hady Chahine Contact Information
Key Statistics for August
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison July 2015 Aug 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 107 100 -7 -6.5%
Median Sales Price 659,000 680,000 21,000 3.2%
Median Days to Sell 28 36 8 28.6%
Listings 202 214 12 5.9%
Sales/Listing Ratio 53.0% 46.7% -6.3% -11.9%
Months of Inventory 2.0 2.0 0.0 0.0%
Monthly Comparison Year-to-Year Aug 2014 Aug 2015 Delta Delta Increase Decrease
Total Sales 99 100 1 1.0%
Median Sales Price 654,000 680,000 26,000 4.0%
Median Days to Sell 38 36 -2 -5.3%
Listings 244 214 -30 -12.3%
Months of Inventory 2.1 2.0 -0.1 -4.8%
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Total Sales Month-to-Month by Map Area Jun Jul Aug
Central Torrance 20 14 18
South East Torrance - West 7 7 6
Hollywood Riviera 14 12 8
South Torrance 7 7 10
Southwood 4 6 4
West Torrance 7 12 15
N Torrance - West 10 25 9
N Torrance - East 11 10 9
Old Torrance 18 9 10
South East Torrance - East 8 5 11
Total Sales 106 107 100
0
20
40
60
80
100
120
Jun Jul Aug
2015 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 2013 2014 2015
Central Torrance 14 18 18
South East Torrance - West 2 10 6
Hollywood Riviera 10 18 8
South Torrance 17 5 10
Southwood 7 5 4
West Torrance 7 5 15
N Torrance - West 15 11 9
N Torrance - East 11 8 9
Old Torrance 5 12 10
South East Torrance - East 11 7 11
Total Sales 99 99 100
0
10
20
30
40
50
60
70
80
90
100
2013 2014 2015
Total Sales Year-to-Year by Map Area: August
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 Jun Jul Aug
Central Torrance 578,140 577,500 582,500
South East Torrance - West 410,000 740,000 839,500
Hollywood Riviera 1,082,500 1,142,750 1,192,944
South Torrance 740,000 900,000 835,000
Southwood 783,000 767,000 735,000
West Torrance 805,000 762,825 730,000
N Torrance - West 577,500 634,000 620,000
N Torrance - East 575,000 541,000 605,000
Old Torrance 589,500 543,600 585,000
South East Torrance - East 657,000 750,000 699,000
Market Median Sales Price 625,000 659,000 680,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Jun Jul Aug
2015 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 2013 2014 2015
Central Torrance 631,000 597,500 582,500
South East Torrance - West 321,250 738,750 839,500
Hollywood Riviera 892,000 1,019,000 1,192,944
South Torrance 740,000 742,000 835,000
Southwood 625,000 717,000 735,000
West Torrance 730,000 775,000 730,000
N Torrance - West 500,000 549,900 620,000
N Torrance - East 512,000 560,000 605,000
Old Torrance 455,000 546,500 585,000
South East Torrance - East 629,000 648,000 699,000
Market Median Sales Price 619,000 654,000 680,000
-
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: August
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 27 28 29 34 31 27 38 36
South East Torrance - West 16 17 12 13 13 15 14 16
Hollywood Riviera 20 18 16 21 15 21 29 31
South Torrance 11 13 16 17 13 14 15 20
Southwood 6 6 8 7 8 8 11 9
West Torrance 12 13 9 8 11 13 14 15
N Torrance - West 17 20 20 22 20 24 32 29
N Torrance - East 10 7 10 17 15 13 13 17
Old Torrance 20 21 22 25 27 22 21 27
South East Torrance - East 17 21 16 13 16 12 15 14
Total Active Listings 156 164 158 177 169 169 202 214
-
5
10
15
20
25
30
35
40
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 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 27 28 29 34 31 27 38 36
South East Torrance - West 16 17 12 13 13 15 14 16
Hollywood Riviera 20 18 16 21 15 21 29 31
South Torrance 11 13 16 17 13 14 15 20
Southwood 6 6 8 7 8 8 11 9
West Torrance 12 13 9 8 11 13 14 15
N Torrance - West 17 20 20 22 20 24 32 29
N Torrance - East 10 7 10 17 15 13 13 17
Old Torrance 20 21 22 25 27 22 21 27
South East Torrance - East 17 21 16 13 16 12 15 14
Total Active Listings 156 164 158 177 169 169 202 214
Total Sales 44 67 79 105 107 106 107 100
Sales/Listings Ratio 28.2% 40.9% 50.0% 59.3% 63.3% 62.7% 53.0% 46.7%
-
50
100
150
200
250
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
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Active Listings Year-to-Year by Map Area 2013 2014 2015
Central Torrance 37 36 36
South East Torrance - West 15 16 16
Hollywood Riviera 34 28 31
South Torrance 18 19 20
Southwood 10 8 9
West Torrance 27 17 15
N Torrance - West 23 32 29
N Torrance - East 10 12 17
Old Torrance 35 49 27
South East Torrance - East 20 27 14
Total Active Listings 229 244 214
0
50
100
150
200
250
2013 2014 2015
Active Listings Year-to-Year by Map Area: August
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 5.4 1.9 2.4 1.7 1.9 1.0 3.0 2.0
South East Torrance - West 2.7 8.5 1.3 1.2 1.9 2.0 2.0 3.0
Hollywood Riviera 5.0 2.3 1.2 2.6 1.2 2.0 2.0 4.0
South Torrance 2.8 2.6 16.0 2.1 1.6 2.0 2.0 2.0
Southwood 3.0 1.0 2.7 0.9 1.3 2.0 2.0 2.0
West Torrance 2.4 4.3 3.0 0.7 1.0 2.0 1.0 1.0
N Torrance - West 2.8 2.2 1.8 1.6 1.2 2.0 1.0 3.0
N Torrance - East 2.0 1.4 1.3 1.7 1.7 1.0 1.0 2.0
Old Torrance 5.0 1.8 1.8 2.8 2.1 1.0 2.0 3.0
South East Torrance - East 5.7 10.5 2.3 2.2 2.3 2.0 3.0 1.0
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 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
2013 2.6 2.7 1.5 1.6 1.8 2.0 1.9 2.2 2.0 2.3 2.0 1.0
2014 2.0 2.0 2.0 2.2 2.1 3.0 2.1 2.1 2.7 2.2 2.3 1.8
2015 3.6 2.5 2.0 1.7 1.6 2.0 2.0 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
2013
2014
2015
Recap & Outlook for September
For August, the MLS reports Torrance real estate activity produced a $21K increase in the market median sales price and a 5.9% rise in listings to end the month at 214. Moving in opposite direction, however, were total sales, median days to sell, and the sales/listing ratio. Year-over-year stats reveal relatively similar behavior with exception to the market median sales price, which improved 4% or by $26K. In the news… According to C.A.R., “Statewide sales were above the 400,000 mark for the fifth straight month” and “sales of condos and townhomes were up nearly 10 percent from last year.” (http://www.car.org/newsstand/newsreleases/2015releases/august2015sales?view=Standard) To discuss how I can be of service to you, please give me a call today. – I look forward to hearing from you soon!
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Month-to-Month Comparison July 2015 Aug 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 107 100 -7 -6.5%
Median Sales Price 659,000 680,000 21,000 3.2%
Median Days to Sell 28 36 8 28.6%
Listings 202 214 12 5.9%
Sales/Listing Ratio 53.0% 46.7% -6.3% -11.9%
Months of Inventory 2.0 2.0 0.0 0.0%
Monthly Comparison Year-to-Year Aug 2014 Aug 2015 Delta Delta Increase Decrease
Total Sales 99 100 1 1.0%
Median Sales Price 654,000 680,000 26,000 4.0%
Median Days to Sell 38 36 -2 -5.3%
Listings 244 214 -30 -12.3%
Months of Inventory 2.1 2.0 -0.1 -4.8%
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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.
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