Hermosa Beach
Residential Real Estate
Market Conditions
February 2014
Table of
Contents
Key Statistics for February
Sales
2014 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Medi...
Key Statistics for February
Back to Table of Contents
= trending positive = trending positive
= trending negative = trendi...
Back to Table of Contents
2014 Residential Sales by Map Area Jan Feb YTD
Hermosa Bch Sand 3 6 3
Hermosa Bch Valley 5 4 5
H...
Back to Table of Contents
Sales by Map Area: Year-to-Year for February 2012 2013 2014
Hermosa Bch Sand 9 5 6
Hermosa Bch V...
Back to Table of Contents
2014 Median Sales Price by Map Area Jan Feb
Hermosa Bch Sand 1,165,000 1,587,500
Hermosa Bch Val...
Back to Table of Contents
Median Sales Price by Map Area: Year-to-Year for February 2012 2013 2014
Hermosa Bch Sand 1,169,...
Back to Table of Contents
2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Her...
Back to Table of Contents
2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Her...
Back to Table of Contents
Active Listings by Map Area: Year-to-Year for February 2012 2013 2014
Hermosa Bch Sand 30 19 16
...
Back to Table of Contents
2014 Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch...
Back to Table of Contents
Months of Inventory: Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 5.9 4.4 3...
Outlook for March
Real estate market activity for Hermosa Beach during the month of February was extremely reassuring
give...
About the Mother & Son
South Bay Real Estate
Team…
 Serving South Bay Home Buyers and Sellers Since 1989
 RE/MAX Top 4 T...
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s ...
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February 2014 Hermosa Beach Real Estate Market Trends Update

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

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February 2014 Hermosa Beach Real Estate Market Trends Update

  1. 1. Hermosa Beach Residential Real Estate Market Conditions February 2014
  2. 2. Table of Contents Key Statistics for February 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 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 March About the Mother & Son South Bay Real Estate Team Contact Information
  3. 3. Key Statistics for February Back to Table of Contents = trending positive = trending positive = trending negative = trending negative Month-to-Month Comparison Jan 2014 Feb 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 12 14 2 16.67% Median Sales Price 878,000 1,407,250 529,250 60.28% Median Days to Sell 51 13 -38 -74.51% Listings 33 38 5 15.15% Sales/Listing Ratio 36.4% 36.8% 0.4% 1.10% Months of Inventory 2.8 2.7 -0.1 -3.57% Monthly Comparison Year-to-Year Feb 2013 Feb 2014 Delta Delta Increase Decrease Total Sales 12 14 2 16.67% Median Sales Price 900,500 1,407,250 506,750 56.27% Median Days to Sell 31 13 -18 -58.06% Listings 52 38 -14 -26.92% Months of Inventory 4.3 2.7 -1.6 -37.21%
  4. 4. Back to Table of Contents 2014 Residential Sales by Map Area Jan Feb YTD Hermosa Bch Sand 3 6 3 Hermosa Bch Valley 5 4 5 Hermosa Bch East 4 4 4 Total Monthly Sales 12 14 12 0 1 2 3 4 5 6 Jan Feb 2014 Residential Sales Statistics: February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East
  5. 5. Back to Table of Contents Sales by Map Area: Year-to-Year for February 2012 2013 2014 Hermosa Bch Sand 9 5 6 Hermosa Bch Valley 4 0 4 Hermosa Bch East 1 7 4 Total Sales 14 12 14 0 1 2 3 4 5 6 7 8 9 2012 2013 2014 Total Sales by Map Area: Year-to-Year for February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East
  6. 6. Back to Table of Contents 2014 Median Sales Price by Map Area Jan Feb Hermosa Bch Sand 1,165,000 1,587,500 Hermosa Bch Valley 1,001,500 1,327,250 Hermosa Bch East 715,250 1,290,000 Market Median Sales Price 878,000 1,407,250 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 Jan Feb 2014 Median Sales Price Statistics: February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Market Median Sales Price
  7. 7. Back to Table of Contents Median Sales Price by Map Area: Year-to-Year for February 2012 2013 2014 Hermosa Bch Sand 1,169,000 1,867,500 1,587,500 Hermosa Bch Valley 1,092,500 - 1,327,250 Hermosa Bch East 323,000 896,000 1,290,000 Market Median Sales Price 1,092,500 900,500 1,407,250 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 2,000,000 2012 2013 2014 Median Sales Price by Map Area: Year-to-Year for February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Market Median Sales Price
  8. 8. Back to Table of Contents 2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Hermosa Bch Sand 14 16 Hermosa Bch Valley 11 10 Hermosa Bch East 8 12 Total Active Listings 33 38 - 2 4 6 8 10 12 14 16 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Active Listings by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East
  9. 9. Back to Table of Contents 2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Hermosa Bch Sand 14 16 Hermosa Bch Valley 11 10 Hermosa Bch East 8 12 Total Active Listings 33 38 Total Sales 12 14 Sales/Listings Ratio 36.4% 36.8% - 5 10 15 20 25 30 35 40 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Total Active Listings vs. Total Sales Total Active Listings Total Sales
  10. 10. Back to Table of Contents Active Listings by Map Area: Year-to-Year for February 2012 2013 2014 Hermosa Bch Sand 30 19 16 Hermosa Bch Valley 13 15 10 Hermosa Bch East 19 18 12 Total Active Listings 62 52 38 0 5 10 15 20 25 30 2012 2013 2014 Active Listings by Map Area: Year-to-Year for February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East
  11. 11. Back to Table of Contents 2014 Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Hermosa Bch Sand 4.7 2.7 Hermosa Bch Valley 2.2 2.5 Hermosa Bch East 2.0 3.0 - 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Months of Inventory by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East
  12. 12. Back to Table of Contents Months of Inventory: Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2012 5.9 4.4 3.3 5.1 3.7 4.5 3.8 4.0 3.2 4.1 3.1 1.8 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 - 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 2012 2013 2014
  13. 13. Outlook for March Real estate market activity for Hermosa Beach during the month of February was extremely reassuring given the positive trending stats recorded for total sales, median sales price, median days to sell, listings, sales/listings ratio, and months of inventory. So what’s in store for March? Well, considering recent market behavior the only likely caveat that might adversely impact last month’s trending performance is what we all love – taxes. Urrr! But then again, for those expecting sizable returns stepping up in the size and quality of home could be less of a dream and more of a reality. Your recap… Back to Table of Contents Month-to-Month Comparison Jan 2014 Feb 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 12 14 2 16.67% Median Sales Price 878,000 1,407,250 529,250 60.28% Median Days to Sell 51 13 -38 -74.51% Listings 33 38 5 15.15% Sales/Listing Ratio 36.4% 36.8% 0.4% 1.10% Months of Inventory 2.8 2.7 -0.1 -3.57%
  14. 14. 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
  15. 15. 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  hady@hhcrealestate.com  310-404-5361 Hassana Chahine  hassana@hhcrealestate.com  310-756-8949 Back to Table of Contents Listings MLS BLOGWebsite
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