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Redondo Beach Real Estate Market Trends October 2012
1. Redondo Beach Real
Estate Market Conditions
October 2012
HHCRealEstate.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. 2012
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
3. Home Sales in Redondo Beach By Section
HHCRealEstate.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 69 588
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
5. Median Sale Price Trends By Area
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
6. Year Over Year Active Listings By Area
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.
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 October
HHCRealEstate.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
310-756-8949
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949