June 2015 Hermosa Beach Real Estate Market Trends Update
15
Hermosa Beach Residential Real Estate Market Conditions June 2015
-
Upload
hhc-south-bay-real-estate-agents -
Category
Real Estate
-
view
18 -
download
2
Transcript of June 2015 Hermosa Beach Real Estate Market Trends Update
Table of
Contents
Key Statistics for June
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
Outlook for July
About Hady Chahine Contact Information
Key Statistics for June
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison May 2015 June 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 15 21 6 40.00%
Median Sales Price 1,475,000 1,250,000 (225,000) -15.25%
Median Days to Sell 23 29 6 26.09%
Listings 52 49 -3 -5.77%
Sales/Listing Ratio 28.8% 42.9% 14.1% 48.96%
Months of Inventory 1.5 2 0.5 33.33%
Monthly Comparison Year-to-Year June 2014 June 2015 Delta Delta Increase Decrease
Total Sales 21 21 0 0.00%
Median Sales Price 1,100,000 1,250,000 150,000 13.64%
Median Days to Sell 27 29 2 7.41%
Listings 57 49 -8 -14.04%
Months of Inventory 2.5 2 -0.5 -20.00%
Back to Table of Contents
Total Sales Month-to-Month by Map Area Apr May Jun
Hermosa Bch Sand 14 7 7
Hermosa Bch Valley 7 2 5
Hermosa Bch East 9 6 9
Total Sales 30 15 21
0
5
10
15
20
25
30
Apr May Jun
2015 Total Sales Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Total Sales Year-to-Year by Map Area 2013 2014 2015
Hermosa Bch Sand 7 10 7
Hermosa Bch Valley 6 5 5
Hermosa Bch East 7 6 9
Total Sales 20 21 21
0
5
10
15
20
25
2013 2014 2015
Total Sales Year-to-Year by Map Area: June
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Apr May Jun
Hermosa Bch Sand 2,515,000 2,200,000 1,250,000
Hermosa Bch Valley 925,000 1,462,500 563,500
Hermosa Bch East 949,000 1,324,500 1,350,000
Market Median Sales Price 1,404,500 1,475,000 1,250,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
Apr May Jun
2015 Median Sales Price Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2013 2014 2015
Hermosa Bch Sand 1,425,000 1,462,500 1,250,000
Hermosa Bch Valley 1,142,500 975,000 563,500
Hermosa Bch East 945,000 962,500 1,350,000
Market Median Sales Price 1,205,000 1,100,000 1,250,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
2013 2014 2015
Median Sales Price Year-to-Year by Map Area: June
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
Back to Table of Contents
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 16 21 24 29 36 35
Hermosa Bch Valley 6 6 5 7 7 5
Hermosa Bch East 5 9 9 15 9 9
Total Active Listings 27 36 38 51 52 49
-
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
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Back to Table of Contents
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 16 21 24 29 36 35
Hermosa Bch Valley 6 6 5 7 7 5
Hermosa Bch East 5 9 9 15 9 9
Total Active Listings 27 36 38 51 52 49
Total Sales 15 9 20 30 15 21
Sales/Listings Ratio 55.6% 25.0% 52.6% 58.8% 28.8% 42.9%
-
10
20
30
40
50
60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
Back to Table of Contents
Active Listings Year-to-Year by Map Area 2013 2014 2015
Hermosa Bch Sand 19 24 35
Hermosa Bch Valley 18 7 5
Hermosa Bch East 20 26 9
Total Active Listings 57 57 49
0
10
20
30
40
50
60
2013 2014 2015
Active Listings Year-to-Year by Map Area: June
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings
Back to Table of Contents
Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 1.8 5.3 2.4 2.1 5.0 5.0
Hermosa Bch Valley 3.0 3.0 1.3 1.0 2.5 1.0
Hermosa Bch East 1.3 3.0 1.5 1.7 1.5 1.0
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Months of Inventory by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2013 5.9 4.3 3.7 3.5 2.4 2.9 1.7 1.6 3.6 2.3 2.1 1.8
2014 2.8 2.7 4.6 1.6 2.7 2.5 2.3 2.1 2.0 2.8 3.8 1.7
2015 1.8 4.0 1.9 1.7 1.5 2.0
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2013
2014
2015
Outlook for July
Real estate activity in Hermosa Beach remains relatively positive with 21 sales recorded in June and a sales/listing ratio that nearly doubled month-over-month. Compared annually, June stats reveal a 13.64% increase in the median sales price while total listings held constant. In the news… According to C.A.R., “home sales reach highest level in two years” despite modest inventory constraints on housing supply (http://www.car.org/newsstand/newsreleases/2015releases/june2015sales/?view=Standard).
For July, I expect buying/selling activity to remain strong as interest rates remain at historical lows. If you’re curious about jumping into the market – buy or sell – please give me a call today. My expertise and proven track record is among the strongest in the business.
Back to Table of Contents
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
Back to Table of Contents
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.
Hady Chahine
• 310-404-5361
Back to Table of Contents
Listings MLS BLOG Website
