• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
January 2014 Hermosa Beach Real Estate Market Trends Update
 

January 2014 Hermosa Beach Real Estate Market Trends Update

on

  • 122 views

Hermosa Beach real estate statistics and analysis for January 2014. Includes homes sales, listings and historical performance on a month to month and year over year basis.

Hermosa Beach real estate statistics and analysis for January 2014. Includes homes sales, listings and historical performance on a month to month and year over year basis.

Statistics

Views

Total Views
122
Views on SlideShare
122
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    January 2014 Hermosa Beach Real Estate Market Trends Update January 2014 Hermosa Beach Real Estate Market Trends Update Presentation Transcript

    • Hermosa Beach Residential Real Estate Market Conditions January 2014
    • Key Statistics for January Sales 2014 Residential Sales Stats Year-to-Year Total Sales by Map Area Median 2014 Median Sales Stats Year-to-Year Median Sales by Map Area Table of Contents Listings 2014 Active Listings by Map Area 2014 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area Inventory 2014 Months of Inventory by Map Area Year-to-Year Months of Inventory Outlook for February About the Mother & Son South Bay Real Estate Team Contact Information
    • Key Statistics for January Monthly Comparison Year-to-Year Total Sales Median Sales Price Median Days to Sell Listings Months of Inventory Jan 2013 8 1,061,250 41 47 5.9 Jan 2014 12 878,000 51 33 2.8 Delta 4 (183,250) 10 -14 -3.1 Delta 50.00% -17.27% 24.39% -29.79% -52.54% Increase Decrease = trending positive Back to Table of Contents = trending positive = trending negative = trending negative
    • 2014 Residential Sales by Map Area Jan YTD Hermosa Bch Sand 3 3 Hermosa Bch Valley 5 5 Hermosa Bch East 4 4 12 12 Total Monthly Sales 2014 Residential Sales Statistics: January 5 4.5 4 3.5 3 Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East 2.5 2 1.5 1 0.5 0 Jan Back to Table of Contents
    • Sales by Map Area: Year-to-Year for January Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Total Sales 2012 4 2 5 11 2013 3 2 3 8 2014 3 5 4 12 Total Sales by Map Area: Year-to-Year for January 5 4.5 4 3.5 3 Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East 2.5 2 1.5 1 0.5 0 2012 Back to Table of Contents 2013 2014
    • 2014 Median Sales Price by Map Area Jan Hermosa Bch Sand 1,165,000 Hermosa Bch Valley 1,001,500 Hermosa Bch East 715,250 Market Median Sale Price 878,000 2014 Median Sales Price Statistics: January 1,200,000 1,000,000 Hermosa Bch Sand 800,000 Hermosa Bch Valley Hermosa Bch East 600,000 Market Median Sale Price 400,000 200,000 Jan Back to Table of Contents
    • Median Sale Price by Map Area: Year-to-Year for January 2012 Hermosa Bch Sand 1,482,500 Hermosa Bch Valley 1,037,500 Hermosa Bch East 764,000 Market Median Sale Price 900,000 2013 1,050,000 1,242,250 1,215,000 1,061,250 2014 1,165,000 1,001,500 715,250 878,000 Median Sale Price by Map Area: Year-to-Year for January 1,600,000 1,400,000 1,200,000 1,000,000 Hermosa Bch Sand 800,000 Hermosa Bch Valley Hermosa Bch East 600,000 Market Median Sale Price 400,000 200,000 - 2012 Back to Table of Contents 2013 2014
    • 2014 Active Listings by Map Area 14 12 10 8 Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East 6 4 2 Jan Feb 2014 Active Listings/Total Sales by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Total Active Listings Back to Table of Contents Mar Jan 14 11 8 33 Apr Feb May Mar Jun Apr May Jul Jun Aug Jul Sep Oct Aug Sep Nov Oct Dec Nov Dec
    • 2014 Total Active Listings vs. Total Sales 35 30 25 20 Total Active Listings Total Sales 15 10 5 Jan Feb 2014 Active Listings/Total Sales by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Back to Table of Contents Mar Jan 14 11 8 Total Active Listings 33 Total Sales 12 Sales/Listings Ratio 36.4% Apr Feb May Mar Jun Apr May Jul Jun Aug Jul Sep Oct Aug Sep Nov Oct Dec Nov Dec
    • Active Listings by Map Area: Year-to-Year for January Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Total Active Listings 2012 34 8 23 65 2013 18 17 12 47 2014 14 11 8 33 Active Listings by Map Area: Year-to-Year for January 35 30 25 20 Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East 15 10 5 0 2012 Back to Table of Contents 2013 2014
    • 2014 Months of Inventory by Map Area 5.0 4.5 4.0 3.5 3.0 Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East 2.5 2.0 1.5 1.0 0.5 Jan 2014 Months of Inventory by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Back to Table of Contents Feb Jan 4.7 2.2 2.0 Mar Feb Apr Mar May Apr Jun May Jul Jun Aug Sep Oct Nov Jul Aug Sep Oct Dec Nov Dec
    • Months of Inventory: Year-to-Year 6.0 5.0 4.0 2012 2013 2014 3.0 2.0 1.0 Jan Feb Months of Inventory: Year-to-Year 2012 2013 2014 Back to Table of Contents Mar Apr Jan 5.9 5.9 2.8 May Feb 4.4 4.3 Mar 3.3 3.7 Jun Apr 5.1 3.5 Jul Aug May 3.7 2.4 Jun 4.5 2.9 Sep Jul 3.8 1.7 Oct Aug 4.0 1.6 Sep 3.2 3.6 Nov Oct 4.1 2.3 Dec Nov 3.1 2.1 Dec 1.8 1.8
    • Outlook for February Data analysis of Hermosa Beach real estate activity for January 2014 relative to the same time last year revealed a 50% increase in sales and almost a 53% reduction in the months of inventory. However, the median sales price, median days to sell, and the number of listings all trended negative. What explains the latter? Well, it can be any number of issues including, but not limited to, the Fed’s tapering back of QE stimulus, tax season, and the current disposition of our national economy. Nevertheless, what is promising is that the cost to borrow money remains at historically low levels. Thus, it is assumed February will produce similar if not better results than those recorded in January. Your recap… Monthly Comparison Year-to-Year Total Sales Median Sales Price Median Days to Sell Listings Months of Inventory Back to Table of Contents Jan 2013 8 1,061,250 41 47 5.9 Jan 2014 12 878,000 51 33 2.8 Delta 4 (183,250) 10 -14 -3.1 Delta 50.00% -17.27% 24.39% -29.79% -52.54% Increase Decrease
    • About the Mother & Son South Bay Real Estate Team…  Serving South Bay Home Buyers and Sellers Since 1989  RE/MAX Top 4 Team in California – 2012  RE/MAX 100% Club - 2011  Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010  Shorewood Realtors Top Producing Agent (Hassana 1989-2001)  ABR, RS, GRI, BPOR, SBAOR, CAR, NAR, IRES Back to Table of Contents
    • Hassana Chahine  hassana@hhcrealestate.com  310-756-8949 Hady Chahine  hady@hhcrealestate.com  310-404-5361 Website: http://HHCRealEstate.com Listings: http://HHCRealEstate.com/featured-south-bay-homes MLS: http://HHCRealEstate.com/south-bay-mls-real-estate-listings Blog: http://HHCRealEstate.com/real-estate-news/ 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. Back to Table of Contents