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Hermosa Beach

Residential Real Estate


Market Conditions
April 2016

Key Statistics for April


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

Table of
Contents

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 April


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

Mar 2016
16
1,265,000
19
51
31.4%
3.0

Apr 2016

Monthly Comparison Year-to-Year


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

Apr 2015

Apr 2016

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30
1,404,500
33
56
2.0

18
1,520,000
39
71
25.4%
4.0

18
1,520,000
39
71
4.0

Delta (qty)
2
255,000
20
20
-6.0%
1

Delta
-12
115,500
6
15
2

Delta (%)
12.50%
20.16%
105.26%
39.22%
-19.11%
33.33%

Increase

Decrease

Delta
-40.00%
8.22%
18.18%
26.79%
100.00%

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

Feb
11
4
3
18

Mar
8
5
3
16

Apr
6
6
6
18

2016 Total Sales Month-to-Month by Map Area


18
16
14
12
10
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

8
6
4
2
Feb

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Mar

Apr

Total Sales Year-to-Year by Map Area


Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

2014
21
5
5
31

2015
14
7
9
30

2016
6
6
6
18

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


35

30

25

20
Hermosa Bch Sand
Hermosa Bch Valley

15

Hermosa Bch East


Total Sales
10

2014

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2015

2016

Median Sales Price Month-to-Month by Map Area


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

Feb
1,449,000
1,043,750
1,225,000
1,428,750

Mar
1,545,000
659,000
1,320,000
1,265,000

Apr
2,317,500
1,420,000
1,432,500
1,520,000

2016 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

Feb

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Mar

Apr

Median Sales Price Year-to-Year by Map Area


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

2014
2015
1,565,000 2,515,000
1,170,000
925,000
1,390,000
949,000
1,495,000 1,404,500

2016
2,317,500
1,420,000
1,432,500
1,520,000

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


3,000,000

2,500,000

2,000,000

Hermosa Bch Sand

1,500,000

Hermosa Bch Valley


Hermosa Bch East

1,000,000

Market Median Sales Price


500,000

2014

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2015

2016

2016 Active Listings by Map Area


40
35
30
25
20
15
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

10
5
Jan

Feb

Mar

Active Listings vs. Total Sales by Map Area


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

Jan
21
11
6
38

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Apr

Feb
24
9
11
44

May

Mar
24
8
19
51

Jun

Apr
36
10
25
71

May

Jul

Jun

Aug

Jul

Sep

Aug

Oct

Nov

Sep

Oct

Dec

Nov

Dec

2016 Total Active Listings vs. Total Sales


80
70
60
50
40
30
Total Active Listings
Total Sales

20
10
Jan

Feb

Mar

Apr

May

Jun

Active Listings vs. Total Sales by Map Area


Jan
Feb Mar Apr May
Hermosa Bch Sand
21
24
24
36
Hermosa Bch Valley
11
9
8
10
Hermosa Bch East
6
11
19
25
Total Active Listings
38
44
51
71
Total Sales
10
18
16
18
Sales/Listings Ratio 26.3% 40.9% 31.4% 25.4%
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Jul

Jun

Aug

Jul

Sep

Oct

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

2014
24
11
17
52

2015
29
11
16
56

2016
36
10
25
71

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


80
70
60
50
40

Hermosa Bch Sand


Hermosa Bch Valley

30

Hermosa Bch East


Total Active Listings

20
10
2014

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2015

2016

2016 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

Mar

Apr

Jan
3.0
6.0
6.0

Feb
2.0
2.0
4.0

Mar
3.0
2.0
6.0

May

Apr
6.0
2.0
4.0

Jun

May

Jul

Jun

Aug

Jul

Sep

Aug

Oct

Sep

Nov

Oct

Dec

Nov

Dec

Months of Inventory Year-to-Year


5.0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
2014
2015
2016

1.0

0.5
Jan

Feb

Months of Inventory Year-to-Year


2014
2015
2016
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Mar

Jan
3.0
2.0
4.0

Apr

Feb
3.0
5.0
2.0

May

Mar
5.0
2.0
3.0

Jun

Jul

Apr
2.0
2.0
4.0

May
3.0
4.0

Aug

Jun
3.0
3.0

Sep

Jul
3.0
4.0

Aug
2.0
3.0

Oct

Sep
2.0
3.0

Nov

Oct
3.0
3.0

Dec

Nov
4.0
2.0

Dec
2.0
2.0

Summary
Hermosa Beach real estate activity picked up in April with total sales increasing 12.5%, median sales price improving 20.16% or
$255K, and net listings climbing 39.22% relative to March. Stats proving less favorable, however, included median days to sell
(+105.26%) and the sales-listing ratio (-19.11%). Evaluation of the year-over-year months of inventory data point shows a 100%
increase from April 2015 to April 2016.
In the news According to C.A.R., statewide median home price climbs, breaking $500,000 for first time in nine years.
http://www.car.org/newsstand/newsreleases/2016releases/April2016sales?view=Standard
For listing or buying questions or representation, or further information on market trending behavior, please feel free to contact
me anytime. I look forward to hearing from you!

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

Mar 2016
16
1,265,000
19
51
31.4%
3.0

Apr 2016

Monthly Comparison Year-to-Year


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

Apr 2015

Apr 2016

Back to Table of Contents

30
1,404,500
33
56
2.0

18
1,520,000
39
71
25.4%
4.0

18
1,520,000
39
71
4.0

Delta (qty)
2
255,000
20
20
-6.0%
1

Delta
-12
115,500
6
15
2

Delta (%)
12.50%
20.16%
105.26%
39.22%
-19.11%
33.33%

Increase

Decrease

Delta
-40.00%
8.22%
18.18%
26.79%
100.00%

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

Website

Listings

MLS

BLOG

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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