Hermosa Beach

Residential Real Estate

Market Conditions
January 2015

Key Statistics for January

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
Outlook for February

About Hady Chahine

Contact Information

Key Statistics for January

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

Jan 2015

Monthly Comparison Year-to-Year

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

Jan 2014

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15
1,640,000
48
27
55.6%
1.8

12
878,000
51
37
2.8

Feb 2015
TBD
TBD
TBD
TBD
TBD
TBD

Delta (qty)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Jan 2015

Delta

15
1,640,000
48
27
1.8

3
762,000
-3
-10
-1

Delta (%)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Delta
25.00%
86.79%
-5.88%
-27.03%
-35.71%

Increase

Decrease

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

Jan
9
2
4
15

Feb

Mar

2015 Total Sales Month-to-Month by Map Area

16
14
12
10
Hermosa Bch Sand
8

Hermosa Bch Valley

Hermosa Bch East

Total Sales

4
2

0
Jan

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Feb

Mar

Total Sales Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

2013
3
2
3
8

2014
3
5
4
12

2015
9
2
4
15

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

16
14
12
10
Hermosa Bch Sand
8

Hermosa Bch Valley

Hermosa Bch East

Total Sales
4
2
0
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

Jan
1,695,000
1,500,000
1,662,500
1,640,000

Feb

Mar

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

1,700,000

1,650,000

1,600,000
Hermosa Bch Sand
1,550,000

Hermosa Bch Valley

Hermosa Bch East
Market Median Sales Price

1,500,000

1,450,000

1,400,000
Jan

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Feb

Mar

Median Sales Price Year-to-Year by Map Area

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

2013
1,050,000
1,242,250
1,215,000
1,061,250

2014
1,165,000
1,001,500
715,250
878,000

2015
1,695,000
1,500,000
1,662,500
1,640,000

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

1,800,000
1,600,000
1,400,000
1,200,000
Hermosa Bch Sand

1,000,000

Hermosa Bch Valley

800,000

Hermosa Bch East

Market Median Sales Price

600,000

400,000
200,000
2013

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2014

2015

2015 Active Listings by Map Area

16
14
12
10
8
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

6
4
2
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

May

Mar

Apr

Jun

May

Jul

Jun

Aug

Jul

Sep

Aug

Oct

Nov

Sep

Oct

Dec

Nov

Dec

2015 Total Active Listings vs. Total Sales

30
25
20
15
Total Active Listings

10

Total Sales
5
Jan

Feb

Mar

Apr

Active Listings vs. Total Sales by Map Area

Jan
Feb
Hermosa Bch Sand
16
Hermosa Bch Valley
6
Hermosa Bch East
5
Total Active Listings
27
Total Sales
15
Sales/Listings Ratio 55.6%
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May

Mar

Apr

Jun

May

Jul

Jun

Aug

Sep

Oct

Jul

Aug

Sep

Nov

Oct

Dec

Nov

Dec

Active Listings Year-to-Year by Map Area

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

2013
18
17
12
47

2014
14
13
10
37

2015
16
6
5
27

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

50
45
40
35
30

Hermosa Bch Sand

25

Hermosa Bch Valley

Hermosa Bch East

20

Total Active Listings

15
10
5
0
2013

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2014

2015

2015 Months of Inventory by Map Area

3.0
2.5
2.0
1.5
Hermosa Bch Sand
Hermosa Bch Valley

1.0

Hermosa Bch East

0.5
-

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

Apr

Mar

May

Apr

Jun

May

Jul

Jun

Aug

Jul

Sep

Aug

Oct

Sep

Nov

Oct

Dec

Nov

Dec

Months of Inventory Year-to-Year

6.0

5.0

4.0

3.0
2013
2014

2.0

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

May

Mar
3.7
4.6

Jun

Jul

Apr
3.5
1.6

May
2.4
2.7

Aug

Jun
2.9
2.5

Sep

Jul
1.7
2.3

Aug
1.6
2.1

Oct

Sep
3.6
2.0

Nov

Oct
2.3
2.8

Dec

Nov
2.1
3.8

Dec
1.8
1.7

Outlook for February

Who loves Hermosa Beach? - I definitely do! To get the year started off on a positive note the real
estate community produced 15 sales, 27 new listings, a median market sale price of $1.640 million, and
a sales listing ratio of 55.6%.
Okay, now looking forward to February and beyond my only concern is the Feds recent announcement
concerning the possibility of increasing interest rates sometime in mid-to-late 2015. Of course we heard
similar intentions communicated in 2014 and nothing of the sort materialized. However, due to the
recent positive labor report a rate hike is looking more likely. Thus, buyers and sellers should consider
this news relative to respective investment goals. Need help buying or selling? Well, I would jump at the
opportunity to serve your best interests! For a free no-hassle or commitment meeting please give me a
call today.

Your recap

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

Jan 2015
15
1,640,000
48
27
55.6%
1.8

Feb 2015
TBD
TBD
TBD
TBD
TBD
TBD

Delta (qty)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Delta (%)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
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#VALUE!

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@hhcrealestate.com
310-404-5361

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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.

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