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

1. Redondo Beach Residential Real Estate Market Conditions
August 2014

2. Table of Contents
Key Statistics for August
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 September
About Hady Chahine
Contact Information

3. Key Statistics for August
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Jul 2014 Aug 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 90 73 -17 -18.9%
Median Sales Price 862,500 808,000 (54,500) -6.3%
Median Days to Sell 30 35 5 16.7%
Listings 177 164 -13 -7.3%
Sales/Listing Ratio 50.8% 44.5% -6.3% -12.4%
Months of Inventory 2.0 2.3 0.3 15.0%
Monthly Comparison Year-to-Year Aug 2013 Aug 2014 Delta Delta Increase Decrease
Total Sales 88 73 -15 -17.0%
Median Sales Price 779,250 808,000 28,750 3.7%
Median Days to Sell 30 35 5 16.7%
Listings 189 164 -25 -13.2%
Months of Inventory 2.0 2.3 0.3 15.0%

4. Back to Table of Contents
Total Sales Month-to-Month by Map Area Jun Jul Aug
N Redondo Beach/Villas North 16 10 16
S Redondo Beach W of PCH 0 22 14
N Redondo Beach/Villas South 10 24 13
S Redondo Beach S of Torrance Blvd 11 11 13
S Redondo Beach N of Torrance Blvd 13 11 9
N Redondo Beach/Golden Hills 11 10 7
N Redondo Beach/El Nido 3 2 1
Total Sales 64 90 73
0
10
20
30
40
50
60
70
80
90
Jun Jul Aug
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 21 16 16
S Redondo Beach W of PCH 11 14 14
N Redondo Beach/Villas South 10 20 13
S Redondo Beach S of Torrance Blvd 13 10 13
S Redondo Beach N of Torrance Blvd 6 13 9
N Redondo Beach/Golden Hills 4 10 7
N Redondo Beach/El Nido 5 5 1
Total Sales 70 88 73
0
10
20
30
40
50
60
70
80
90
2012 2013 2014
Total Sales Year-to-Year by Map Area: August
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 Jun Jul Aug
N Redondo Beach/Villas North 732,250 640,000 707,000
S Redondo Beach W of PCH - 945,000 893,500
N Redondo Beach/Villas South 808,500 730,000 808,000
S Redondo Beach S of Torrance Blvd 1,000,000 1,160,000 700,000
S Redondo Beach N of Torrance Blvd 875,000 889,000 910,000
N Redondo Beach/Golden Hills 749,000 883,000 856,000
N Redondo Beach/El Nido 590,000 874,500 440,000
Market Median Sales Price 819,550 862,500 808,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Jun Jul Aug
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 600,000 783,750 707,000
S Redondo Beach W of PCH 620,000 785,000 893,500
N Redondo Beach/Villas South 770,000 730,000 808,000
S Redondo Beach S of Torrance Blvd 1,038,000 825,800 700,000
S Redondo Beach N of Torrance Blvd 607,000 960,000 910,000
N Redondo Beach/Golden Hills 738,500 810,000 856,000
N Redondo Beach/El Nido 555,000 555,000 440,000
Market Median Sales Price 635,000 779,250 808,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
2012 2013 2014
Median Sales Price Year-to-Year by Map Area: August
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 33 29 33 36
S Redondo Beach W of PCH 20 29 37 35 40 - 38 34
N Redondo Beach/Villas South 30 29 24 23 27 33 34 27
S Redondo Beach S of Torrance Blvd 13 19 19 19 24 31 27 25
S Redondo Beach N of Torrance Blvd 16 15 16 15 21 23 24 24
N Redondo Beach/Golden Hills 8 10 9 12 10 10 9 7
N Redondo Beach/El Nido 11 14 12 10 9 8 12 11
Total Active Listings 125 142 148 149 164 134 177 164
-
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 33 29 33 36
S Redondo Beach W of PCH 20 29 37 35 40 - 38 34
N Redondo Beach/Villas South 30 29 24 23 27 33 34 27
S Redondo Beach S of Torrance Blvd 13 19 19 19 24 31 27 25
S Redondo Beach N of Torrance Blvd 16 15 16 15 21 23 24 24
N Redondo Beach/Golden Hills 8 10 9 12 10 10 9 7
N Redondo Beach/El Nido 11 14 12 10 9 8 12 11
Total Active Listings 125 142 148 149 164 134 177 164
Total Sales 49 44 79 75 65 64 90 73
Sales/Listings Ratio 39.2% 31.0% 53.4% 50.3% 39.6% 47.8% 50.8% 44.5%
-
20
40
60
80
100
120
140
160
180
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 37 36 36
S Redondo Beach W of PCH 49 48 34
N Redondo Beach/Villas South 52 29 27
S Redondo Beach S of Torrance Blvd 34 21 25
S Redondo Beach N of Torrance Blvd 31 40 24
N Redondo Beach/Golden Hills 17 6 7
N Redondo Beach/El Nido 20 9 11
Total Active Listings 240 189 164
0
50
100
150
200
250
2012 2013 2014
Active Listings Year-to-Year by Map Area: August
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 3.3 1.8 3.3 2.3
S Redondo Beach W of PCH 2.9 5.8 5.3 3.5 4.0 - 1.7 2.4
N Redondo Beach/Villas South 2.7 2.4 1.2 1.3 2.3 3.3 1.4 2.1
S Redondo Beach S of Torrance Blvd 1.4 2.7 3.8 1.9 4.0 2.8 2.5 1.9
S Redondo Beach N of Torrance Blvd 4.0 1.3 1.3 1.9 2.1 1.8 2.2 2.7
N Redondo Beach/Golden Hills 1.0 - 0.8 2.0 1.0 0.9 0.9 1.0
N Redondo Beach/El Nido 5.5 7.0 3.0 1.7 1.3 2.7 6.0 11.0
-
2.0
4.0
6.0
8.0
10.0
12.0
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 2.5 2.1 2.0 2.3
-
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 September
According to the MLS, real estate activity in Redondo Beach trended off pace during August with respect to July. Major data points including total sales, market median sales price, and the sales listing ratio posted single to double digit declines. Though, historically speaking this time of year is notorious for changes in seller and buyer activity.
That said it is reasonable to expect real estate market behavior in September to roughly mirror that of August. However, because mortgage money remains inexpensive and is relatively available movement can trend either direction. Thus, if you are interested in buying or selling you should call me today so we can discuss a custom approach to address your respective needs.
Your recap…
Back to Table of Contents Month-to-Month ComparisonJul 2014Aug 2014Delta (qty)Delta (%)IncreaseDecreaseTotal Sales9073-17-18.9% Median Sales Price862,500 808,000 (54,500) -6.3% Median Days to Sell30 35 516.7% Listings177 164 -13-7.3% Sales/Listing Ratio50.8%44.5%-6.3%-12.4% Months of Inventory2.0 2.3 0.315.0%

14. 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
About Hady Chahine…

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
Listings
MLS
BLOG
Website