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Redondo Beach Real Estate Market Trends October 2012
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Redondo Beach Real Estate Market Trends October 2012

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Detailed reports and analysis of the Redondo Beach real estate market for October 2012.

Detailed reports and analysis of the Redondo Beach real estate market for October 2012.

Published in: Real Estate

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  • 1. Redondo Beach Real Estate Market Conditions October 2012HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
  • 2. Key Statistics for September  Total Home Sales: 65 6.6% from Sept. 2011  Median Days to Sell: 54 11% from Sept. 2011  Current Active Listings: 204 11% from Aug. 2012HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
  • 3. Home Sales in Redondo Beach By SectionHHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
  • 4. Home Sales Broken Out By Section House Sales by Map Area Sept Aug July YTD N Redondo Beach/Villas North 14 21 10 134 S Redondo Beach W of PCH 11 11 15 85 N Redondo Beach/Villas South 10 10 10 129 S Redondo Beach S of Torrance Blvd 9 13 11 80 S Redondo Beach N of Torrance Blvd 8 7 9 67 N Redondo Beach/Golden Hills 8 4 9 54 N Redondo Beach/El Nido 5 5 5 39 Total Sales 65 71 69 588HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
  • 5. Median Sale Price Trends By AreaHHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
  • 6. Year Over Year Active Listings By AreaThe 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 forany 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 InternetData 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 accuracyof 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 personalinspection by and/or with the appropriate professionals.HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
  • 7. Outlook for October  Supply:  Available Inventory is Down on Both a Year Over Year and Monthly Basis  Estimated Inventory Dropped Below 3 Months in Sept. – Good for Sellers  Median Sale Price for the Year to Date is $625,000  Median Sale Price for September was $650,000  Demand  Lack of Inventory is Slowing Overall Monthly Sales  95% Average Sale/List Ratio for July-Sept Tips Towards Sellers Market  Overall  Lack of Inventory Makes it a Good Time for Sellers to Enter the Market  Prices Have Moved Little Over the Last 12 Months But Lack of Inventory May Have an Impact on Both Total Sales and Sale Prices in OctoberHHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
  • 8. 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  Contact:  http://HHCRealEstate.com  Hady Chahine  hady@hhcrealestate.com  310-404-5361  Hassana Chahine  hassana@hhcrealestate.com  310-756-8949HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949