SlideShare a Scribd company logo
Hermosa Beach
Residential Real Estate
Market Conditions
February 2017
Table of
Contents
Key Statistics for February
Sales
2017 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2017 Median Sales Stats
Year-to-Year Median Sales by Map Area
Listings
2017 Active Listings by Map Area
2017 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2017 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Summary
About Hady Chahine
Contact Information
Key Statistics for February
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Jan 2017 Feb 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 14 9 -5 -35.71%
Median Sales Price 1,402,500 1,080,000 (322,500) -22.99%
Median Days to Sell 18 15 -3 -16.67%
Listings 59 43 -16 -27.12%
Sales/Listing Ratio 23.7% 20.9% -2.8% -11.81%
Months of Inventory 4.0 5.0 1 25.00%
Monthly Comparison Year-to-Year Feb 2016 Feb 2017 Delta Delta Increase Decrease
Total Sales 18 9 -9 -50.00%
Median Sales Price 1,428,750 1,080,000 (348,750) -24.41%
Median Days to Sell 30 15 -15 -50.00%
Listings 40 43 3 7.50%
Months of Inventory 2.0 5.0 3 150.00%
Back to Table of Contents
Total Sales Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 4 3
Hermosa Bch Valley 6 1
Hermosa Bch East 4 5
Total Sales 14 9
-
2
4
6
8
10
12
14
Jan Feb Mar
2017 Total Sales Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Total Sales Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 4 11 3
Hermosa Bch Valley 2 4 1
Hermosa Bch East 3 3 5
Total Sales 9 18 9
-
2
4
6
8
10
12
14
16
18
2015 2016 2017
Total Sales Year-to-Year by Map Area: February
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 1,342,500 1,215,000
Hermosa Bch Valley 961,000 550,000
Hermosa Bch East 1,520,000 1,080,000
Market Median Sales Price 1,402,500 1,080,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
Jan Feb Mar
2017 Median Sales Price Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 2,274,500 1,449,000 1,215,000
Hermosa Bch Valley 1,182,000 1,043,750 550,000
Hermosa Bch East 1,185,000 1,225,000 1,080,000
Market Median Sales Price 1,450,000 1,428,750 1,080,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
2015 2016 2017
Median Sales Price Year-to-Year by Map Area: February
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
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
Hermosa Bch Sand 33 22
Hermosa Bch Valley 15 8
Hermosa Bch East 11 13
Total Active Listings 59 43
-
5
10
15
20
25
30
35
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Active Listings by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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
Hermosa Bch Sand 33 22
Hermosa Bch Valley 15 8
Hermosa Bch East 11 13
Total Active Listings 59 43
Total Sales 14 9
Sales/Listings Ratio 23.7% 20.9%
-
10
20
30
40
50
60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
Back to Table of Contents
Active Listings Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 18 23 22
Hermosa Bch Valley 7 9 8
Hermosa Bch East 5 8 13
Total Active Listings 30 40 43
-
5
10
15
20
25
30
35
40
45
2015 2016 2017
Active Listings Year-to-Year by Map Area: February
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings
Back to Table of Contents
Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 8.0 7.0
Hermosa Bch Valley 3.0 8.0
Hermosa Bch East 3.0 3.0
-
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Months of Inventory by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 2.0 5.0 2.0 2.0 4.0 3.0 4.0 3.0 3.0 3.0 2.0 2.0
2016 4.0 2.0 3.0 4.0 4.0 3.0 3.0 3.0 4.0 3.0 4.0 5.0
2017 4.0 5.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2015
2016
2017
Summary
Real estate investment in Hermosa Beach residential properties in February produced 9 closed escrows and a 16.67% decrease in
the median days to sell. During this time, however, the median sales price dropped 22.99%, net listings fell 27.12% and the sales-
listing ratio contracted 11.81%. Year-over-year months of inventory increased 150% from February 2016 to 2017.
In February, C.A.R. reported “Existing, single-family home sales totaled 420,100 in January on a seasonally adjusted
annualized rate, up 2.1 percent from December and 4.4 percent from January 2016.”
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/jan2017sales?view=Standard
For listing or buying questions or representation, or further information on market trending behavior, please feel free to contact
me anytime. I look forward to hearing from you!
Back to Table of Contents
Month-to-Month Comparison Jan 2017 Feb 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 14 9 -5 -35.71%
Median Sales Price 1,402,500 1,080,000 (322,500) -22.99%
Median Days to Sell 18 15 -3 -16.67%
Listings 59 43 -16 -27.12%
Sales/Listing Ratio 23.7% 20.9% -2.8% -11.81%
Months of Inventory 4.0 5.0 1 25.00%
Monthly Comparison Year-to-Year Feb 2016 Feb 2017 Delta Delta Increase Decrease
Total Sales 18 9 -9 -50.00%
Median Sales Price 1,428,750 1,080,000 (348,750) -24.41%
Median Days to Sell 30 15 -15 -50.00%
Listings 40 43 3 7.50%
Months of Inventory 2.0 5.0 3 150.00%
About
Hady Chahine…
 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
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.
Hady Chahine
• hady@hadychahine.com
• 310-404-5361
Back to Table of Contents
Listings MLS BLOGWebsite

More Related Content

What's hot

What's hot (20)

June 2017 Manhattan Beach Real Estate Market Trends Update
June 2017 Manhattan Beach Real Estate Market Trends UpdateJune 2017 Manhattan Beach Real Estate Market Trends Update
June 2017 Manhattan Beach Real Estate Market Trends Update
 
February 2015 Hermosa Beach Real Estate Market Trends Update
February 2015 Hermosa Beach Real Estate Market Trends UpdateFebruary 2015 Hermosa Beach Real Estate Market Trends Update
February 2015 Hermosa Beach Real Estate Market Trends Update
 
September 2016 Hermosa Beach Real Estate Market Trends Update
September 2016 Hermosa Beach Real Estate Market Trends UpdateSeptember 2016 Hermosa Beach Real Estate Market Trends Update
September 2016 Hermosa Beach Real Estate Market Trends Update
 
May 2016 Hermosa Beach Real Estate Market Trends Update
May 2016 Hermosa Beach Real Estate Market Trends UpdateMay 2016 Hermosa Beach Real Estate Market Trends Update
May 2016 Hermosa Beach Real Estate Market Trends Update
 
April 2015 Hermosa Beach Real Estate Market Trends Update
April 2015 Hermosa Beach Real Estate Market Trends UpdateApril 2015 Hermosa Beach Real Estate Market Trends Update
April 2015 Hermosa Beach Real Estate Market Trends Update
 
June 2017 Hermosa Beach Real Estate Market Trends Update
June 2017 Hermosa Beach Real Estate Market Trends UpdateJune 2017 Hermosa Beach Real Estate Market Trends Update
June 2017 Hermosa Beach Real Estate Market Trends Update
 
November 2016 Hermosa Beach Real Estate Market Trends Update
November 2016 Hermosa Beach Real Estate Market Trends UpdateNovember 2016 Hermosa Beach Real Estate Market Trends Update
November 2016 Hermosa Beach Real Estate Market Trends Update
 
June 2014 Hermosa Beach Real Estate Market Trends Update
June 2014 Hermosa Beach Real Estate Market Trends UpdateJune 2014 Hermosa Beach Real Estate Market Trends Update
June 2014 Hermosa Beach Real Estate Market Trends Update
 
December 2016 Hermosa Beach Real Estate Market Trends Update
December 2016 Hermosa Beach Real Estate Market Trends UpdateDecember 2016 Hermosa Beach Real Estate Market Trends Update
December 2016 Hermosa Beach Real Estate Market Trends Update
 
August 2016 Hermosa Beach Real Estate Market Trends Update
August 2016 Hermosa Beach Real Estate Market Trends UpdateAugust 2016 Hermosa Beach Real Estate Market Trends Update
August 2016 Hermosa Beach Real Estate Market Trends Update
 
July 2016 Hermosa Beach Real Estate Market Trends Update
July 2016 Hermosa Beach Real Estate Market Trends UpdateJuly 2016 Hermosa Beach Real Estate Market Trends Update
July 2016 Hermosa Beach Real Estate Market Trends Update
 
November 2014 Hermosa Beach Real Estate Market Trends Update
November 2014 Hermosa Beach Real Estate Market Trends UpdateNovember 2014 Hermosa Beach Real Estate Market Trends Update
November 2014 Hermosa Beach Real Estate Market Trends Update
 
October 2016 Hermosa Beach Real Estate Market Trends Update
October 2016 Hermosa Beach Real Estate Market Trends UpdateOctober 2016 Hermosa Beach Real Estate Market Trends Update
October 2016 Hermosa Beach Real Estate Market Trends Update
 
August 2017 Hermosa Beach Real Estate Market Trends Update
August 2017 Hermosa Beach Real Estate Market Trends UpdateAugust 2017 Hermosa Beach Real Estate Market Trends Update
August 2017 Hermosa Beach Real Estate Market Trends Update
 
August 2015 Hermosa Beach Real Estate Market Trends Update
August 2015 Hermosa Beach Real Estate Market Trends UpdateAugust 2015 Hermosa Beach Real Estate Market Trends Update
August 2015 Hermosa Beach Real Estate Market Trends Update
 
December 2015 Hermosa Beach Real Estate Market Trends Update
December 2015 Hermosa Beach Real Estate Market Trends UpdateDecember 2015 Hermosa Beach Real Estate Market Trends Update
December 2015 Hermosa Beach Real Estate Market Trends Update
 
July 2017 Manhattan Beach Real Estate Market Trends Update
July 2017 Manhattan Beach Real Estate Market Trends UpdateJuly 2017 Manhattan Beach Real Estate Market Trends Update
July 2017 Manhattan Beach Real Estate Market Trends Update
 
September 2015 Hermosa Beach Real Estate Market Trends Update
September 2015 Hermosa Beach Real Estate Market Trends UpdateSeptember 2015 Hermosa Beach Real Estate Market Trends Update
September 2015 Hermosa Beach Real Estate Market Trends Update
 
July 2015 Torrance Real Estate Market Trends Update
July 2015 Torrance Real Estate Market Trends UpdateJuly 2015 Torrance Real Estate Market Trends Update
July 2015 Torrance Real Estate Market Trends Update
 
July 2015 Hermosa Beach Real Estate Market Trends Update
July 2015 Hermosa Beach Real Estate Market Trends UpdateJuly 2015 Hermosa Beach Real Estate Market Trends Update
July 2015 Hermosa Beach Real Estate Market Trends Update
 

Viewers also liked

Τι σημαίνει WEB 2.0 για μένα;
Τι σημαίνει WEB 2.0 για μένα;Τι σημαίνει WEB 2.0 για μένα;
Τι σημαίνει WEB 2.0 για μένα;
dbatsi
 
COMO MEJORAR MEJORES PREGUNTAS EN LOS EXAMANES
COMO MEJORAR MEJORES  PREGUNTAS EN  LOS EXAMANESCOMO MEJORAR MEJORES  PREGUNTAS EN  LOS EXAMANES
COMO MEJORAR MEJORES PREGUNTAS EN LOS EXAMANES
alex imbaquingo
 

Viewers also liked (20)

Percutaneous drilling tibial osteotomy for correction of genu varum in children
Percutaneous drilling tibial osteotomy for correction of genu varum in childrenPercutaneous drilling tibial osteotomy for correction of genu varum in children
Percutaneous drilling tibial osteotomy for correction of genu varum in children
 
Entrepreneurship and sustainable development
Entrepreneurship and sustainable developmentEntrepreneurship and sustainable development
Entrepreneurship and sustainable development
 
Τι σημαίνει WEB 2.0 για μένα;
Τι σημαίνει WEB 2.0 για μένα;Τι σημαίνει WEB 2.0 για μένα;
Τι σημαίνει WEB 2.0 για μένα;
 
Export-Import (istrazivanje)
Export-Import (istrazivanje)Export-Import (istrazivanje)
Export-Import (istrazivanje)
 
El calentamiento global .carlos talope razu
El calentamiento global .carlos talope razuEl calentamiento global .carlos talope razu
El calentamiento global .carlos talope razu
 
“Slideshare y calameo”
“Slideshare y calameo”“Slideshare y calameo”
“Slideshare y calameo”
 
Slidera
SlideraSlidera
Slidera
 
Igra poverenja (istrazivanje na tebu rabata)
Igra poverenja (istrazivanje na tebu rabata)Igra poverenja (istrazivanje na tebu rabata)
Igra poverenja (istrazivanje na tebu rabata)
 
Where does stress come from?
Where does stress come from?Where does stress come from?
Where does stress come from?
 
Regulating corporate vc
Regulating corporate vcRegulating corporate vc
Regulating corporate vc
 
Solución para un reto de implementación de la reforma energética
Solución para un reto de implementación de la reforma energéticaSolución para un reto de implementación de la reforma energética
Solución para un reto de implementación de la reforma energética
 
iDesignX Presentation 2017
iDesignX Presentation 2017iDesignX Presentation 2017
iDesignX Presentation 2017
 
February 2017 Redondo Beach Real Estate Market Trends Update
February 2017 Redondo Beach Real Estate Market Trends UpdateFebruary 2017 Redondo Beach Real Estate Market Trends Update
February 2017 Redondo Beach Real Estate Market Trends Update
 
Seis cuentos de y en lenguas indígenas
Seis cuentos de  y en lenguas indígenasSeis cuentos de  y en lenguas indígenas
Seis cuentos de y en lenguas indígenas
 
COMO MEJORAR MEJORES PREGUNTAS EN LOS EXAMANES
COMO MEJORAR MEJORES  PREGUNTAS EN  LOS EXAMANESCOMO MEJORAR MEJORES  PREGUNTAS EN  LOS EXAMANES
COMO MEJORAR MEJORES PREGUNTAS EN LOS EXAMANES
 
Nutriedúcate Perú
Nutriedúcate PerúNutriedúcate Perú
Nutriedúcate Perú
 
3Com 3C10402B-6536
3Com 3C10402B-65363Com 3C10402B-6536
3Com 3C10402B-6536
 
Axiología Educativa
Axiología EducativaAxiología Educativa
Axiología Educativa
 
Informatica Aplicada a la Educacion Superior
Informatica Aplicada a la Educacion SuperiorInformatica Aplicada a la Educacion Superior
Informatica Aplicada a la Educacion Superior
 
Servicios web
Servicios webServicios web
Servicios web
 

Similar to February 2017 Hermosa Beach Real Estate Market Trends Update

Similar to February 2017 Hermosa Beach Real Estate Market Trends Update (11)

November 2015 Hermosa Beach Real Estate Market Trends Update
November 2015 Hermosa Beach Real Estate Market Trends UpdateNovember 2015 Hermosa Beach Real Estate Market Trends Update
November 2015 Hermosa Beach Real Estate Market Trends Update
 
June 2015 Hermosa Beach Real Estate Market Trends Update
June 2015 Hermosa Beach Real Estate Market Trends UpdateJune 2015 Hermosa Beach Real Estate Market Trends Update
June 2015 Hermosa Beach Real Estate Market Trends Update
 
October 2015 Hermosa Beach Real Estate Market Trends Update
October 2015 Hermosa Beach Real Estate Market Trends UpdateOctober 2015 Hermosa Beach Real Estate Market Trends Update
October 2015 Hermosa Beach Real Estate Market Trends Update
 
March 2016 Torrance Real Estate Market Trends Update
March 2016 Torrance Real Estate Market Trends UpdateMarch 2016 Torrance Real Estate Market Trends Update
March 2016 Torrance Real Estate Market Trends Update
 
July 2017 Torrance Real Estate Market Trends Update
July 2017 Torrance Real Estate Market Trends UpdateJuly 2017 Torrance Real Estate Market Trends Update
July 2017 Torrance Real Estate Market Trends Update
 
January 2014 Hermosa Beach Real Estate Market Trends Update
January 2014 Hermosa Beach Real Estate Market Trends UpdateJanuary 2014 Hermosa Beach Real Estate Market Trends Update
January 2014 Hermosa Beach Real Estate Market Trends Update
 
July 2016 Manhattan Beach Real Estate Market Trends Update
July 2016 Manhattan Beach Real Estate Market Trends UpdateJuly 2016 Manhattan Beach Real Estate Market Trends Update
July 2016 Manhattan Beach Real Estate Market Trends Update
 
May 2017 Redondo Beach Real Estate Market Trends Update
May 2017 Redondo Beach Real Estate Market Trends UpdateMay 2017 Redondo Beach Real Estate Market Trends Update
May 2017 Redondo Beach Real Estate Market Trends Update
 
August 2015 Manhattan Beach Real Estate Market Trends Update
August 2015 Manhattan Beach Real Estate Market Trends UpdateAugust 2015 Manhattan Beach Real Estate Market Trends Update
August 2015 Manhattan Beach Real Estate Market Trends Update
 
September 2015 Manhattan Beach Real Estate Market Trends Update
September 2015 Manhattan Beach Real Estate Market Trends UpdateSeptember 2015 Manhattan Beach Real Estate Market Trends Update
September 2015 Manhattan Beach Real Estate Market Trends Update
 
July 2015 Manhattan Beach Real Estate Market Trends Update
July 2015 Manhattan Beach Real Estate Market Trends UpdateJuly 2015 Manhattan Beach Real Estate Market Trends Update
July 2015 Manhattan Beach Real Estate Market Trends Update
 

More from HHC South Bay Real Estate Agents

More from HHC South Bay Real Estate Agents (12)

August 2017 Torrance Real Estate Market Trends Update
August 2017 Torrance Real Estate Market Trends UpdateAugust 2017 Torrance Real Estate Market Trends Update
August 2017 Torrance Real Estate Market Trends Update
 
July 2017 Redondo Beach Real Estate Market Trends Update
July 2017 Redondo Beach Real Estate Market Trends UpdateJuly 2017 Redondo Beach Real Estate Market Trends Update
July 2017 Redondo Beach Real Estate Market Trends Update
 
June 2017 Redondo Beach Real Estate Market Trends Update
June 2017 Redondo Beach Real Estate Market Trends UpdateJune 2017 Redondo Beach Real Estate Market Trends Update
June 2017 Redondo Beach Real Estate Market Trends Update
 
December 2016 Torrance Real Estate Market Trends Update
December 2016 Torrance Real Estate Market Trends UpdateDecember 2016 Torrance Real Estate Market Trends Update
December 2016 Torrance Real Estate Market Trends Update
 
December 2016 Redondo Beach Real Estate Market Trends Update
December 2016 Redondo Beach Real Estate Market Trends UpdateDecember 2016 Redondo Beach Real Estate Market Trends Update
December 2016 Redondo Beach Real Estate Market Trends Update
 
November 2016 Torrance Real Estate Market Trends Update
November 2016 Torrance Real Estate Market Trends UpdateNovember 2016 Torrance Real Estate Market Trends Update
November 2016 Torrance Real Estate Market Trends Update
 
November 2016 Redondo Beach Real Estate Market Trends Update
November 2016 Redondo Beach Real Estate Market Trends UpdateNovember 2016 Redondo Beach Real Estate Market Trends Update
November 2016 Redondo Beach Real Estate Market Trends Update
 
October 2016 Torrance Real Estate Market Trends Update
October 2016 Torrance Real Estate Market Trends UpdateOctober 2016 Torrance Real Estate Market Trends Update
October 2016 Torrance Real Estate Market Trends Update
 
October 2016 Redondo Beach Real Estate Market Trends Update
October 2016 Redondo Beach Real Estate Market Trends UpdateOctober 2016 Redondo Beach Real Estate Market Trends Update
October 2016 Redondo Beach Real Estate Market Trends Update
 
August 2016 Redondo Beach Real Estate Market Trends Update
August 2016 Redondo Beach Real Estate Market Trends UpdateAugust 2016 Redondo Beach Real Estate Market Trends Update
August 2016 Redondo Beach Real Estate Market Trends Update
 
July 2016 Torrance Real Estate Market Trends Update
July 2016 Torrance Real Estate Market Trends UpdateJuly 2016 Torrance Real Estate Market Trends Update
July 2016 Torrance Real Estate Market Trends Update
 
July 2016 Redondo Beach Real Estate Market Trends Update
July 2016 Redondo Beach Real Estate Market Trends UpdateJuly 2016 Redondo Beach Real Estate Market Trends Update
July 2016 Redondo Beach Real Estate Market Trends Update
 

Recently uploaded

Torun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing TurkeyTorun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing Turkey
Listing Turkey
 
Killer Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing TurkeyKiller Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing Turkey
Listing Turkey
 

Recently uploaded (20)

Torun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing TurkeyTorun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing Turkey
 
Avrupa Konutlari Yenimahalle - Listing Turkey
Avrupa Konutlari Yenimahalle - Listing TurkeyAvrupa Konutlari Yenimahalle - Listing Turkey
Avrupa Konutlari Yenimahalle - Listing Turkey
 
2BHK-3BHK NEW FLAT FOR SALE IN TUPUDANA,RANCHI.
2BHK-3BHK NEW FLAT FOR SALE IN TUPUDANA,RANCHI.2BHK-3BHK NEW FLAT FOR SALE IN TUPUDANA,RANCHI.
2BHK-3BHK NEW FLAT FOR SALE IN TUPUDANA,RANCHI.
 
Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...
Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...
Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...
 
Elegant Evergreen Homes - Timeless Luxury in Yelahanka, Bangalore
Elegant Evergreen Homes - Timeless Luxury in Yelahanka, BangaloreElegant Evergreen Homes - Timeless Luxury in Yelahanka, Bangalore
Elegant Evergreen Homes - Timeless Luxury in Yelahanka, Bangalore
 
One FNG by Group 108 Sector 142 Noida Construction Update
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG by Group 108 Sector 142 Noida Construction Update
One FNG by Group 108 Sector 142 Noida Construction Update
 
How to Scan Tenants in NYC - You Should Know!
How to Scan Tenants in NYC - You Should Know!How to Scan Tenants in NYC - You Should Know!
How to Scan Tenants in NYC - You Should Know!
 
Redevelopment in Pune Challenges & Solutions (PPT).pdf
Redevelopment in Pune Challenges & Solutions (PPT).pdfRedevelopment in Pune Challenges & Solutions (PPT).pdf
Redevelopment in Pune Challenges & Solutions (PPT).pdf
 
What is BDA? Understanding the Bangalore Development Authority
What is BDA? Understanding the Bangalore Development AuthorityWhat is BDA? Understanding the Bangalore Development Authority
What is BDA? Understanding the Bangalore Development Authority
 
Kohinoor Dhanori Apartments Pune Brochure
Kohinoor Dhanori Apartments Pune BrochureKohinoor Dhanori Apartments Pune Brochure
Kohinoor Dhanori Apartments Pune Brochure
 
Shapoorji Pallonji Plots Jadhavgadh Fort Pune.pdf
Shapoorji Pallonji Plots Jadhavgadh Fort Pune.pdfShapoorji Pallonji Plots Jadhavgadh Fort Pune.pdf
Shapoorji Pallonji Plots Jadhavgadh Fort Pune.pdf
 
Top 10 International Schools in Bangalore
Top 10 International Schools in BangaloreTop 10 International Schools in Bangalore
Top 10 International Schools in Bangalore
 
Sefakoy Sinpas Boulevard Istanbul - Presentation
Sefakoy Sinpas Boulevard Istanbul - PresentationSefakoy Sinpas Boulevard Istanbul - Presentation
Sefakoy Sinpas Boulevard Istanbul - Presentation
 
Sinpas Gokorman Presentation. - Listing Turkey
Sinpas Gokorman Presentation. - Listing TurkeySinpas Gokorman Presentation. - Listing Turkey
Sinpas Gokorman Presentation. - Listing Turkey
 
MC Heights-Best Construction Company in jhang
MC Heights-Best Construction Company in jhangMC Heights-Best Construction Company in jhang
MC Heights-Best Construction Company in jhang
 
Killer Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing TurkeyKiller Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing Turkey
 
Salarpuria Sattva Lakeridge Neopolis Hyderabad.pdf.pdf
Salarpuria Sattva Lakeridge Neopolis Hyderabad.pdf.pdfSalarpuria Sattva Lakeridge Neopolis Hyderabad.pdf.pdf
Salarpuria Sattva Lakeridge Neopolis Hyderabad.pdf.pdf
 
Types and Sources of Mortgage Leads: What You Need to Know
Types and Sources of Mortgage Leads: What You Need to KnowTypes and Sources of Mortgage Leads: What You Need to Know
Types and Sources of Mortgage Leads: What You Need to Know
 
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
 
Optimizing Your MCA Lead Capture Process for Better Results
Optimizing Your MCA Lead Capture Process for Better ResultsOptimizing Your MCA Lead Capture Process for Better Results
Optimizing Your MCA Lead Capture Process for Better Results
 

February 2017 Hermosa Beach Real Estate Market Trends Update

  • 1. Hermosa Beach Residential Real Estate Market Conditions February 2017
  • 2. Table of Contents Key Statistics for February Sales 2017 Residential Sales Stats Year-to-Year Total Sales by Map Area Median 2017 Median Sales Stats Year-to-Year Median Sales by Map Area Listings 2017 Active Listings by Map Area 2017 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area Inventory 2017 Months of Inventory by Map Area Year-to-Year Months of Inventory Summary About Hady Chahine Contact Information
  • 3. Key Statistics for February Back to Table of Contents = trending positive = trending positive = trending negative = trending negative Month-to-Month Comparison Jan 2017 Feb 2017 Delta (qty) Delta (%) Increase Decrease Total Sales 14 9 -5 -35.71% Median Sales Price 1,402,500 1,080,000 (322,500) -22.99% Median Days to Sell 18 15 -3 -16.67% Listings 59 43 -16 -27.12% Sales/Listing Ratio 23.7% 20.9% -2.8% -11.81% Months of Inventory 4.0 5.0 1 25.00% Monthly Comparison Year-to-Year Feb 2016 Feb 2017 Delta Delta Increase Decrease Total Sales 18 9 -9 -50.00% Median Sales Price 1,428,750 1,080,000 (348,750) -24.41% Median Days to Sell 30 15 -15 -50.00% Listings 40 43 3 7.50% Months of Inventory 2.0 5.0 3 150.00%
  • 4. Back to Table of Contents Total Sales Month-to-Month by Map Area Jan Feb Mar Hermosa Bch Sand 4 3 Hermosa Bch Valley 6 1 Hermosa Bch East 4 5 Total Sales 14 9 - 2 4 6 8 10 12 14 Jan Feb Mar 2017 Total Sales Month-to-Month by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Total Sales
  • 5. Back to Table of Contents Total Sales Year-to-Year by Map Area 2015 2016 2017 Hermosa Bch Sand 4 11 3 Hermosa Bch Valley 2 4 1 Hermosa Bch East 3 3 5 Total Sales 9 18 9 - 2 4 6 8 10 12 14 16 18 2015 2016 2017 Total Sales Year-to-Year by Map Area: February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Total Sales
  • 6. Back to Table of Contents Median Sales Price Month-to-Month by Map Area Jan Feb Mar Hermosa Bch Sand 1,342,500 1,215,000 Hermosa Bch Valley 961,000 550,000 Hermosa Bch East 1,520,000 1,080,000 Market Median Sales Price 1,402,500 1,080,000 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 Jan Feb Mar 2017 Median Sales Price Month-to-Month by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Market Median Sales Price
  • 7. Back to Table of Contents Median Sales Price Year-to-Year by Map Area 2015 2016 2017 Hermosa Bch Sand 2,274,500 1,449,000 1,215,000 Hermosa Bch Valley 1,182,000 1,043,750 550,000 Hermosa Bch East 1,185,000 1,225,000 1,080,000 Market Median Sales Price 1,450,000 1,428,750 1,080,000 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 2015 2016 2017 Median Sales Price Year-to-Year by Map Area: February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch 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 Hermosa Bch Sand 33 22 Hermosa Bch Valley 15 8 Hermosa Bch East 11 13 Total Active Listings 59 43 - 5 10 15 20 25 30 35 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Active Listings by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch 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 Hermosa Bch Sand 33 22 Hermosa Bch Valley 15 8 Hermosa Bch East 11 13 Total Active Listings 59 43 Total Sales 14 9 Sales/Listings Ratio 23.7% 20.9% - 10 20 30 40 50 60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 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 2015 2016 2017 Hermosa Bch Sand 18 23 22 Hermosa Bch Valley 7 9 8 Hermosa Bch East 5 8 13 Total Active Listings 30 40 43 - 5 10 15 20 25 30 35 40 45 2015 2016 2017 Active Listings Year-to-Year by Map Area: February Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch 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 Hermosa Bch Sand 8.0 7.0 Hermosa Bch Valley 3.0 8.0 Hermosa Bch East 3.0 3.0 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Months of Inventory by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch 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 2015 2.0 5.0 2.0 2.0 4.0 3.0 4.0 3.0 3.0 3.0 2.0 2.0 2016 4.0 2.0 3.0 4.0 4.0 3.0 3.0 3.0 4.0 3.0 4.0 5.0 2017 4.0 5.0 - 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Months of Inventory Year-to-Year 2015 2016 2017
  • 13. Summary Real estate investment in Hermosa Beach residential properties in February produced 9 closed escrows and a 16.67% decrease in the median days to sell. During this time, however, the median sales price dropped 22.99%, net listings fell 27.12% and the sales- listing ratio contracted 11.81%. Year-over-year months of inventory increased 150% from February 2016 to 2017. In February, C.A.R. reported “Existing, single-family home sales totaled 420,100 in January on a seasonally adjusted annualized rate, up 2.1 percent from December and 4.4 percent from January 2016.” http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/jan2017sales?view=Standard For listing or buying questions or representation, or further information on market trending behavior, please feel free to contact me anytime. I look forward to hearing from you! Back to Table of Contents Month-to-Month Comparison Jan 2017 Feb 2017 Delta (qty) Delta (%) Increase Decrease Total Sales 14 9 -5 -35.71% Median Sales Price 1,402,500 1,080,000 (322,500) -22.99% Median Days to Sell 18 15 -3 -16.67% Listings 59 43 -16 -27.12% Sales/Listing Ratio 23.7% 20.9% -2.8% -11.81% Months of Inventory 4.0 5.0 1 25.00% Monthly Comparison Year-to-Year Feb 2016 Feb 2017 Delta Delta Increase Decrease Total Sales 18 9 -9 -50.00% Median Sales Price 1,428,750 1,080,000 (348,750) -24.41% Median Days to Sell 30 15 -15 -50.00% Listings 40 43 3 7.50% Months of Inventory 2.0 5.0 3 150.00%
  • 14. About Hady Chahine…  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
  • 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. Hady Chahine • hady@hadychahine.com • 310-404-5361 Back to Table of Contents Listings MLS BLOGWebsite