The document provides statistics on the residential real estate market in Torrance, California for October 2015, including total sales, median sales price, days on market, active listings, and months of inventory. It shows declines in several key metrics from September 2015 to October 2015 as well as from October 2014 to October 2015. The summary suggests the Torrance market is trending negatively in October compared to other months and speculates about why the market may dislike October.

1. Torrance
Residential Real Estate
Market Conditions
October 2015

2. Table of
Contents
Key Statistics for October
Sales
2015 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2015 Median Sales Stats
Year-to-Year Median Sales by Map Area
Listings
2015 Active Listings by Map Area
2015 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2015 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Summary
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 2015 Oct 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 98 94 -4 -4.1%
Median Sales Price 672,500 611,750 (60,750) -9.0%
Median Days to Sell 32 40 8 25.0%
Listings 241 210 -31 -12.9%
Sales/Listing Ratio 40.7% 44.8% 4.1% 10.1%
Months of Inventory 2.0 2.0 0.0 0.0%
Monthly Comparison Year-to-Year Oct 2014 Oct 2015 Delta Delta Increase Decrease
Total Sales 96 94 -2 -2.1%
Median Sales Price 622,750 611,750 (11,000) -1.8%
Median Days to Sell 36 40 4 11.1%
Listings 229 210 -19 -8.3%
Months of Inventory 2.2 2.0 -0.2 -9.1%

4. Back to Table of Contents
Total Sales Month-to-Month by Map Area Aug Sep Oct
Central Torrance 18 15 16
South East Torrance - West 6 11 9
Hollywood Riviera 8 9 14
South Torrance 10 11 4
Southwood 4 4 5
West Torrance 15 11 4
N Torrance - West 9 18 10
N Torrance - East 9 7 15
Old Torrance 10 9 13
South East Torrance - East 11 3 4
Total Sales 100 98 94
-
10
20
30
40
50
60
70
80
90
100
Aug Sep Oct
2015 Total Sales Month-to-Month by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Sales

5. Back to Table of Contents
Total Sales Year-to-Year by Map Area 2013 2014 2015
Central Torrance 15 18 16
South East Torrance - West 7 7 9
Hollywood Riviera 8 15 14
South Torrance 8 8 4
Southwood 3 5 5
West Torrance 10 6 4
N Torrance - West 4 11 10
N Torrance - East 4 9 15
Old Torrance 7 10 13
South East Torrance - East 8 7 4
Total Sales 74 96 94
-
10
20
30
40
50
60
70
80
90
100
2013 2014 2015
Total Sales Year-to-Year by Map Area: October
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Sales

6. Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Aug Sep Oct
Central Torrance 582,500 555,000 560,000
South East Torrance - West 839,500 770,000 390,000
Hollywood Riviera 1,192,944 1,095,000 1,424,968
South Torrance 835,000 865,000 893,750
Southwood 735,000 805,000 815,000
West Torrance 730,000 741,000 762,500
N Torrance - West 620,000 595,000 552,500
N Torrance - East 605,000 593,000 560,000
Old Torrance 585,000 569,500 548,000
South East Torrance - East 699,000 715,000 694,000
Market Median Sales Price 680,000 672,500 611,750
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
Aug Sep Oct
2015 Median Sales Price Month-to-Month by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Market Median Sales Price

7. Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2013 2014 2015
Central Torrance 575,000 519,625 560,000
South East Torrance - West 865,000 780,000 390,000
Hollywood Riviera 923,000 999,000 1,424,968
South Torrance 625,000 748,750 893,750
Southwood 729,000 725,000 815,000
West Torrance 785,000 690,050 762,500
N Torrance - West 461,813 590,000 552,500
N Torrance - East 530,000 540,000 560,000
Old Torrance 458,000 515,625 548,000
South East Torrance - East 695,000 695,000 694,000
Market Median Sales Price 671,000 622,750 611,750
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
2013 2014 2015
Median Sales Price Year-to-Year by Map Area: October
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
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
Central Torrance 27 28 29 34 31 27 38 36 29 29
South East Torrance - West 16 17 12 13 13 15 14 16 18 12
Hollywood Riviera 20 18 16 21 15 21 29 31 36 29
South Torrance 11 13 16 17 13 14 15 20 20 16
Southwood 6 6 8 7 8 8 11 9 8 5
West Torrance 12 13 9 8 11 13 14 15 16 16
N Torrance - West 17 20 20 22 20 24 32 29 43 39
N Torrance - East 10 7 10 17 15 13 13 17 18 16
Old Torrance 20 21 22 25 27 22 21 27 32 25
South East Torrance - East 17 21 16 13 16 12 15 14 21 23
Total Active Listings 156 164 158 177 169 169 202 214 241 210
-
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Active Listings by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East

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
Central Torrance 27 28 29 34 31 27 38 36 29 29
South East Torrance - West 16 17 12 13 13 15 14 16 18 12
Hollywood Riviera 20 18 16 21 15 21 29 31 36 29
South Torrance 11 13 16 17 13 14 15 20 20 16
Southwood 6 6 8 7 8 8 11 9 8 5
West Torrance 12 13 9 8 11 13 14 15 16 16
N Torrance - West 17 20 20 22 20 24 32 29 43 39
N Torrance - East 10 7 10 17 15 13 13 17 18 16
Old Torrance 20 21 22 25 27 22 21 27 32 25
South East Torrance - East 17 21 16 13 16 12 15 14 21 23
Total Active Listings 156 164 158 177 169 169 202 214 241 210
Total Sales 44 67 79 105 107 106 107 100 98 94
Sales/Listings Ratio 28.2% 40.9% 50.0% 59.3% 63.3% 62.7% 53.0% 46.7% 40.7% 44.8%
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50
100
150
200
250
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 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 2013 2014 2015
Central Torrance 31 29 29
South East Torrance - West 9 23 12
Hollywood Riviera 27 27 29
South Torrance 13 17 16
Southwood 13 8 5
West Torrance 23 15 16
N Torrance - West 27 30 39
N Torrance - East 13 17 16
Old Torrance 34 40 25
South East Torrance - East 20 23 23
Total Active Listings 210 229 210
-
50
100
150
200
250
2013 2014 2015
Active Listings Year-to-Year by Map Area: October
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
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
Central Torrance 5.4 1.9 2.4 1.7 1.9 1.0 3.0 2.0 2.0 2.0
South East Torrance - West 2.7 8.5 1.3 1.2 1.9 2.0 2.0 3.0 2.0 1.0
Hollywood Riviera 5.0 2.3 1.2 2.6 1.2 2.0 2.0 4.0 4.0 2.0
South Torrance 2.8 2.6 16.0 2.1 1.6 2.0 2.0 2.0 2.0 4.0
Southwood 3.0 1.0 2.7 0.9 1.3 2.0 2.0 2.0 2.0 1.0
West Torrance 2.4 4.3 3.0 0.7 1.0 2.0 1.0 1.0 1.0 4.0
N Torrance - West 2.8 2.2 1.8 1.6 1.2 2.0 1.0 3.0 2.0 4.0
N Torrance - East 2.0 1.4 1.3 1.7 1.7 1.0 1.0 2.0 3.0 1.0
Old Torrance 5.0 1.8 1.8 2.8 2.1 1.0 2.0 3.0 4.0 2.0
South East Torrance - East 5.7 10.5 2.3 2.2 2.3 2.0 3.0 1.0 7.0 6.0
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2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Months of Inventory by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East

12. Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2013 2.6 2.7 1.5 1.6 1.8 2.0 1.9 2.2 2.0 2.3 2.0 1.0
2014 2.0 2.0 2.0 2.2 2.1 3.0 2.1 2.1 2.7 2.2 2.3 1.8
2015 3.6 2.5 2.0 1.7 1.6 2.0 2.0 2.0 2.0 2.0
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0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2013
2014
2015

13. Summary
Okay, why does the Torrance real estate market dislike October? Analysis of overall performance stats for October 2014 and 2015
suggests market behavior resembling a trending pattern with total sales, median sales price, median days to sell, and total listings
all losing forward momentum. Hmmm?
In the news… According to C.A.R., statewide “home sales exceeded the 400,000 level in the October for the seventh consecutive
month and posted higher on a year-to-year basis for the ninth straight month.”
http://www.car.org/newsstand/newsreleases/2015releases/october2015sales?view=Standard
For home owners thinking of selling but curious about valuation and marketing strategy please give me a call today to schedule a
free CMA consultation. - No commitment, just a meet-and-greet and a chance to pick my brain about property value and market
behavior in your local neighborhood.
Back to Table of Contents
Month-to-Month Comparison Sep 2015 Oct 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 98 94 -4 -4.1%
Median Sales Price 672,500 611,750 (60,750) -9.0%
Median Days to Sell 32 40 8 25.0%
Listings 241 210 -31 -12.9%
Sales/Listing Ratio 40.7% 44.8% 4.1% 10.1%
Months of Inventory 2.0 2.0 0.0 0.0%
Monthly Comparison Year-to-Year Oct 2014 Oct 2015 Delta Delta Increase Decrease
Total Sales 96 94 -2 -2.1%
Median Sales Price 622,750 611,750 (11,000) -1.8%
Median Days to Sell 36 40 4 11.1%
Listings 229 210 -19 -8.3%
Months of Inventory 2.2 2.0 -0.2 -9.1%

14. Back to Table of Contents
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