Redondo Beach real estate statistics and analysis for October 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
October 2014

2. Table of Contents
Key Statistics for October
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 November
About Hady Chahine
Contact Information

3. Key Statistics for October
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Sep 2014 Oct 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 71 79 8 11.3%
Median Sales Price 780,000 810,000 30,000 3.8%
Median Days to Sell 43 47 4 9.3%
Listings 159 145 -14 -8.8%
Sales/Listing Ratio 44.7% 54.5% 9.8% 21.9%
Months of Inventory 2.2 1.8 -0.4 -18.2%
Monthly Comparison Year-to-Year Oct 2013 Oct 2014 Delta Delta Increase Decrease
Total Sales 68 79 11 16.2%
Median Sales Price 747,500 810,000 62,500 8.4%
Median Days to Sell 36 47 11 30.6%
Listings 173 145 -28 -16.2%
Months of Inventory 2.2 1.8 -0.4 -18.2%

4. Back to Table of Contents
Total Sales Month-to-Month by Map Area Aug Sep Oct
N Redondo Beach/Villas North 16 15 20
S Redondo Beach W of PCH 14 11 7
N Redondo Beach/Villas South 13 13 15
S Redondo Beach S of Torrance Blvd 13 7 16
S Redondo Beach N of Torrance Blvd 9 13 9
N Redondo Beach/Golden Hills 7 4 6
N Redondo Beach/El Nido 1 8 6
Total Sales 73 71 79
0
10
20
30
40
50
60
70
80
Aug Sep Oct
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 19 20
S Redondo Beach W of PCH 9 12 7
N Redondo Beach/Villas South 23 15 15
S Redondo Beach S of Torrance Blvd 12 9 16
S Redondo Beach N of Torrance Blvd 5 7 9
N Redondo Beach/Golden Hills 11 4 6
N Redondo Beach/El Nido 3 2 6
Total Sales 78 68 79
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10
20
30
40
50
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80
2012 2013 2014
Total Sales Year-to-Year by Map Area: October
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 Aug Sep Oct
N Redondo Beach/Villas North 707,000 949,000 702,500
S Redondo Beach W of PCH 893,500 620,000 1,060,000
N Redondo Beach/Villas South 808,000 619,000 808,000
S Redondo Beach S of Torrance Blvd 700,000 815,000 925,000
S Redondo Beach N of Torrance Blvd 910,000 888,000 1,167,007
N Redondo Beach/Golden Hills 856,000 869,500 852,000
N Redondo Beach/El Nido 440,000 603,000 726,500
Market Median Sales Price 808,000 780,000 810,000
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200,000
400,000
600,000
800,000
1,000,000
1,200,000
Aug Sep Oct
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 757,570 669,000 702,500
S Redondo Beach W of PCH 749,000 757,500 1,060,000
N Redondo Beach/Villas South 599,000 735,000 808,000
S Redondo Beach S of Torrance Blvd 957,500 745,000 925,000
S Redondo Beach N of Torrance Blvd 930,000 930,000 1,167,007
N Redondo Beach/Golden Hills 659,000 800,000 852,000
N Redondo Beach/El Nido 535,000 710,000 726,500
Market Median Sales Price 709,500 747,500 810,000
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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: October
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 34 25
S Redondo Beach W of PCH 20 29 37 35 40 - 38 34 26 23
N Redondo Beach/Villas South 30 29 24 23 27 33 34 27 29 30
S Redondo Beach S of Torrance Blvd 13 19 19 19 24 31 27 25 25 25
S Redondo Beach N of Torrance Blvd 16 15 16 15 21 23 24 24 24 28
N Redondo Beach/Golden Hills 8 10 9 12 10 10 9 7 10 9
N Redondo Beach/El Nido 11 14 12 10 9 8 12 11 11 5
Total Active Listings 125 142 148 149 164 134 177 164 159 145
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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 34 25
S Redondo Beach W of PCH 20 29 37 35 40 - 38 34 26 23
N Redondo Beach/Villas South 30 29 24 23 27 33 34 27 29 30
S Redondo Beach S of Torrance Blvd 13 19 19 19 24 31 27 25 25 25
S Redondo Beach N of Torrance Blvd 16 15 16 15 21 23 24 24 24 28
N Redondo Beach/Golden Hills 8 10 9 12 10 10 9 7 10 9
N Redondo Beach/El Nido 11 14 12 10 9 8 12 11 11 5
Total Active Listings 125 142 148 149 164 134 177 164 159 145
Total Sales 49 44 79 75 65 64 90 73 71 79
Sales/Listings Ratio 39.2% 31.0% 53.4% 50.3% 39.6% 47.8% 50.8% 44.5% 44.7% 54.5%
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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 36 29 25
S Redondo Beach W of PCH 38 37 23
N Redondo Beach/Villas South 43 27 30
S Redondo Beach S of Torrance Blvd 24 20 25
S Redondo Beach N of Torrance Blvd 26 32 28
N Redondo Beach/Golden Hills 9 15 9
N Redondo Beach/El Nido 15 13 5
Total Active Listings 191 173 145
0
20
40
60
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100
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140
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2012 2013 2014
Active Listings Year-to-Year by Map Area: October
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 2.3 1.3
S Redondo Beach W of PCH 2.9 5.8 5.3 3.5 4.0 - 1.7 2.4 2.4 3.3
N Redondo Beach/Villas South 2.7 2.4 1.2 1.3 2.3 3.3 1.4 2.1 2.2 2.0
S Redondo Beach S of Torrance Blvd 1.4 2.7 3.8 1.9 4.0 2.8 2.5 1.9 3.6 1.6
S Redondo Beach N of Torrance Blvd 4.0 1.3 1.3 1.9 2.1 1.8 2.2 2.7 1.9 3.1
N Redondo Beach/Golden Hills 1.0 - 0.8 2.0 1.0 0.9 0.9 1.0 2.5 1.5
N Redondo Beach/El Nido 5.5 7.0 3.0 1.7 1.3 2.7 6.0 11.0 1.4 0.8
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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 2.2 1.8
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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 November
For those of you in search of positive real estate news I am pleased to announce that Redondo Beach produced rather stimulating data for the month of October. Stats trending positive include total sales, which inched up 11.3%, the market median sales price, which increased $30K, and the sales/listing ratio and the months of inventory, both of which improved by double digits. From a year-over-year perspective similar conclusions are reached, according to the MLS database.
“So what kind of activity do I expect in November?” you ask. Personally, despite the encouraging news it is fair to say that historically speaking buyer and seller interests typically decline during the holiday season. Though, since mortgage rates remain extremely low I suspect a soft correction in overall activity with single digit adjustments to most data indicators. That said, are you in the market to buy or sell? If so, please give me a call today so we can discuss how I can be of service to you.
Your recap…
Back to Table of Contents Month-to-Month ComparisonSep 2014Oct 2014Delta (qty)Delta (%)IncreaseDecreaseTotal Sales7179811.3% Median Sales Price780,000 810,000 30,000 3.8% Median Days to Sell43 47 49.3% Listings159 145 -14-8.8% Sales/Listing Ratio44.7%54.5%9.8%21.9% Months of Inventory2.2 1.8 -0.4-18.2%

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
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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.
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