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April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
April 2014 Redondo Beach Real Estate Market Trends Update
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April 2014 Redondo Beach Real Estate Market Trends Update

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

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

Published in: Real Estate, Business
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  • 1. Redondo Beach Residential Real Estate Market Conditions April 2014
  • 2. Table of Contents Key Statistics for April 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 May About the Mother & Son South Bay Real Estate Team Contact Information
  • 3. Key Statistics for April Back to Table of Contents = trending positive = trending positive = trending negative = trending negative Month-to-Month Comparison Mar 2014 Apr 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 79 75 -4 -5.1% Median Sales Price 760,000 724,000 (36,000) -4.7% Median Days to Sell 37 28 -9 -24.3% Listings 148 149 1 0.7% Sales/Listing Ratio 53.4% 50.3% -3.1% -5.8% Months of Inventory 1.9 2 0.1 5.3% Monthly Comparison Year-to-Year Apr 2013 Apr 2014 Delta Delta Increase Decrease Total Sales 74 75 1 1.4% Median Sales Price 697,500 724,000 26,500 3.8% Median Days to Sell 27 28 1 3.7% Listings 170 149 -21 -12.4% Months of Inventory 2.3 2 -0.3 -13.0%
  • 4. Back to Table of Contents Total Sales Month-to-Month by Map Area Feb Mar Apr N Redondo Beach/Villas North 6 19 17 S Redondo Beach W of PCH 5 7 10 N Redondo Beach/Villas South 12 20 18 S Redondo Beach S of Torrance Blvd 7 5 10 S Redondo Beach N of Torrance Blvd 12 12 8 N Redondo Beach/Golden Hills 0 12 6 N Redondo Beach/El Nido 2 4 6 Total Sales 44 79 75 0 10 20 30 40 50 60 70 80 Feb Mar Apr 2014 Total Sales Month-to-Month by Map Area N Redondo Beach/Villas North S Redondo Beach W of PCH N Redondo Beach/Villas South S Redondo Beach S of Torrance Blvd S Redondo Beach N of Torrance Blvd N Redondo Beach/Golden Hills N Redondo Beach/El Nido Total Sales
  • 5. Back to Table of Contents Total Sales Year-to-Year by Map Area 2012 2013 2014 N Redondo Beach/Villas North 15 17 17 S Redondo Beach W of PCH 12 10 10 N Redondo Beach/Villas South 14 13 18 S Redondo Beach S of Torrance Blvd 7 10 10 S Redondo Beach N of Torrance Blvd 6 5 8 N Redondo Beach/Golden Hills 2 11 6 N Redondo Beach/El Nido 7 8 6 Total Sales 63 74 75 0 10 20 30 40 50 60 70 80 2012 2013 2014 Total Sales Year-to-Year by Map Area: April N Redondo Beach/Villas North S Redondo Beach W of PCH N Redondo Beach/Villas South S Redondo Beach S of Torrance Blvd S Redondo Beach N of Torrance Blvd N Redondo Beach/Golden Hills N Redondo Beach/El Nido Total Sales
  • 6. Back to Table of Contents Median Sales Price Month-to-Month by Map Area Feb Mar Apr N Redondo Beach/Villas North 769,000 710,000 712,000 S Redondo Beach W of PCH 421,000 1,009,000 561,500 N Redondo Beach/Villas South 777,500 735,400 761,000 S Redondo Beach S of Torrance Blvd 689,000 830,000 777,500 S Redondo Beach N of Torrance Blvd 718,000 830,000 890,000 N Redondo Beach/Golden Hills - 862,000 845,000 N Redondo Beach/El Nido 625,000 742,500 532,500 Market Median Sales Price 718,000 760,000 724,000 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 Feb Mar Apr 2014 Median Sales Price Month-to-Month by Map Area N Redondo Beach/Villas North S Redondo Beach W of PCH N Redondo Beach/Villas South S Redondo Beach S of Torrance Blvd S Redondo Beach N of Torrance Blvd N Redondo Beach/Golden Hills N Redondo Beach/El Nido Market Median Sales Price
  • 7. Back to Table of Contents Median Sales Price Year-to-Year by Map Area 2012 2013 2014 N Redondo Beach/Villas North 575,000 692,000 712,000 S Redondo Beach W of PCH 495,000 711,250 561,500 N Redondo Beach/Villas South 641,500 560,000 761,000 S Redondo Beach S of Torrance Blvd 575,000 744,000 777,500 S Redondo Beach N of Torrance Blvd 527,500 685,000 890,000 N Redondo Beach/Golden Hills 460,275 783,000 845,000 N Redondo Beach/El Nido 580,000 641,500 532,500 Market Median Sales Price 575,000 697,500 724,000 - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 2012 2013 2014 Median Sales Price Year-to-Year by Map Area: April N Redondo Beach/Villas North S Redondo Beach W of PCH N Redondo Beach/Villas South S Redondo Beach S of Torrance Blvd S Redondo Beach N of Torrance Blvd N Redondo Beach/Golden Hills N Redondo Beach/El Nido Market Median Sales Price
  • 8. 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 N Redondo Beach/Villas North 27 26 31 35 S Redondo Beach W of PCH 20 29 37 35 N Redondo Beach/Villas South 30 29 24 23 S Redondo Beach S of Torrance Blvd 13 19 19 19 S Redondo Beach N of Torrance Blvd 16 15 16 15 N Redondo Beach/Golden Hills 8 10 9 12 N Redondo Beach/El Nido 11 14 12 10 Total Active Listings 125 142 148 149 - 5 10 15 20 25 30 35 40 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Active Listings by Map Area N Redondo Beach/Villas North S Redondo Beach W of PCH N Redondo Beach/Villas South S Redondo Beach S of Torrance Blvd S Redondo Beach N of Torrance Blvd N Redondo Beach/Golden Hills N Redondo Beach/El Nido
  • 9. 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 N Redondo Beach/Villas North 27 26 31 35 S Redondo Beach W of PCH 20 29 37 35 N Redondo Beach/Villas South 30 29 24 23 S Redondo Beach S of Torrance Blvd 13 19 19 19 S Redondo Beach N of Torrance Blvd 16 15 16 15 N Redondo Beach/Golden Hills 8 10 9 12 N Redondo Beach/El Nido 11 14 12 10 Total Active Listings 125 142 148 149 Total Sales 49 44 79 75 Sales/Listings Ratio 39.2% 31.0% 53.4% 50.3% - 20 40 60 80 100 120 140 160 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. Back to Table of Contents Active Listings Year-to-Year by Map Area 2012 2013 2014 N Redondo Beach/Villas North 43 21 35 S Redondo Beach W of PCH 42 32 35 N Redondo Beach/Villas South 32 34 23 S Redondo Beach S of Torrance Blvd 39 29 19 S Redondo Beach N of Torrance Blvd 27 27 15 N Redondo Beach/Golden Hills 18 14 12 N Redondo Beach/El Nido 12 13 10 Total Active Listings 213 170 149 0 50 100 150 200 250 2012 2013 2014 Active Listings Year-to-Year by Map Area: April N Redondo Beach/Villas North S Redondo Beach W of PCH N Redondo Beach/Villas South S Redondo Beach S of Torrance Blvd S Redondo Beach N of Torrance Blvd N Redondo Beach/Golden Hills N Redondo Beach/El Nido Total Active Listings
  • 11. Back to Table of Contents Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec N Redondo Beach/Villas North 3.4 4.3 1.6 2.1 S Redondo Beach W of PCH 2.9 5.8 5.3 3.5 N Redondo Beach/Villas South 2.7 2.4 1.2 1.3 S Redondo Beach S of Torrance Blvd 1.4 2.7 3.8 1.9 S Redondo Beach N of Torrance Blvd 4.0 1.3 1.3 1.9 N Redondo Beach/Golden Hills 1.0 - 0.8 2.0 N Redondo Beach/El Nido 5.5 7.0 3.0 1.7 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Months of Inventory by Map Area N Redondo Beach/Villas North S Redondo Beach W of PCH N Redondo Beach/Villas South S Redondo Beach S of Torrance Blvd S Redondo Beach N of Torrance Blvd N Redondo Beach/Golden Hills N Redondo Beach/El Nido
  • 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 3.5 5.8 3.4 3.3 3.3 3.3 3.2 3.5 2.9 2.5 2.3 2.0 2013 2.6 3.0 1.9 2.3 2.0 1.8 1.9 2.0 2.0 2.2 2.8 1.6 2014 2.6 3.2 1.9 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 2014 Months of Inventory Year-to-Year 2012 2013 2014
  • 13. Outlook for May Okay, overall real estate activity in Redondo Beach produced respectable numbers in April with total sales, market median sales price, listings, sales/listing ratio, and months of inventory holding fairly steady compared to last month’s data. The most glaring percentage variation was the median days to sell, which decreased in duration. Another positive stat to highlight is the year-over-year market median sales price, which is $36K higher in April 2014 compared to April 2013. “So what’s our outlook for May?” you ask. Well, given the cost to borrow money remains relatively cheap and accessible, and there is a stable flow of new listings hitting the market each week, and historically speaking performance activity normally heats up as summer draws near we, expect a strong increase in all of these statistical measurements. The question for you is, “Are you ready to buy or sell?” If yes, then please give us a call today. We are friendly, fun, and most importantly we have 25 years of South Bay real estate experience! Your recap… Back to Table of Contents Month-to-Month Comparison Mar 2014 Apr 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 79 75 -4 -5.1% Median Sales Price 760,000 724,000 (36,000) -4.7% Median Days to Sell 37 28 -9 -24.3% Listings 148 149 1 0.7% Sales/Listing Ratio 53.4% 50.3% -3.1% -5.8% Months of Inventory 1.9 2 0.1 5.3%
  • 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. 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 Hady Chahine  hady@hhcrealestate.com  310-404-5361 Hassana Chahine  hassana@hhcrealestate.com  310-756-8949 Listings MLS BLOGWebsite

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