Redondo Beach real estate statistics and analysis for May 2017. 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
May 2017

2. Table of
Contents
Key Statistics for May
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 May
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Apr 2017 May 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 63 77 14 22.2%
Median Sales Price 950,500 1,070,000 119,500 12.6%
Median Days to Sell 19 10 -9 -47.4%
Listings 143 120 -23 -16.1%
Sales/Listing Ratio 44.1% 64.2% 20.1% 45.6%
Months of Inventory 2.0 2.0 0.0 0.0%
Monthly Comparison Year-to-Year May 2016 May 2017 Delta Delta Increase Decrease
Total Sales 83 77 -6 -7.2%
Median Sales Price 950,000 1,070,000 120,000 12.6%
Median Days to Sell 25 10 -15 -60.0%
Listings 123 120 -3 -2.4%
Months of Inventory 2.0 2.0 0 0.0%

4. Back to Table of Contents
Total Sales Month-to-Month by Map Area Mar Apr May
N Redondo Beach/Villas North 12 11 21
S Redondo Beach W of PCH 13 7 8
N Redondo Beach/Villas South 14 17 15
S Redondo Beach S of Torrance Blvd 9 6 10
S Redondo Beach N of Torrance Blvd 7 7 10
N Redondo Beach/Golden Hills 12 10 5
N Redondo Beach/El Nido 3 5 8
Total Sales 70 63 77
-
10
20
30
40
50
60
70
80
Mar Apr May
2017 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 2015 2016 2017
N Redondo Beach/Villas North 20 16 21
S Redondo Beach W of PCH 14 14 8
N Redondo Beach/Villas South 20 17 15
S Redondo Beach S of Torrance Blvd 16 11 10
S Redondo Beach N of Torrance Blvd 7 7 10
N Redondo Beach/Golden Hills 7 12 5
N Redondo Beach/El Nido 5 6 8
Total Sales 89 83 77
-
10
20
30
40
50
60
70
80
90
2015 2016 2017
Total Sales Year-to-Year by Map Area: May
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 Mar Apr May
N Redondo Beach/Villas North 987,000 722,000 1,020,000
S Redondo Beach W of PCH 1,270,000 835,000 1,678,500
N Redondo Beach/Villas South 838,575 1,125,000 985,000
S Redondo Beach S of Torrance Blvd 1,137,500 1,307,500 1,190,000
S Redondo Beach N of Torrance Blvd 1,131,000 1,200,000 1,162,500
N Redondo Beach/Golden Hills 1,000,250 960,000 1,080,000
N Redondo Beach/El Nido 785,000 850,000 777,500
Market Median Sales Price 994,000 950,500 1,070,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
Mar Apr May
2017 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 2015 2016 2017
N Redondo Beach/Villas North 902,500 858,500 1,020,000
S Redondo Beach W of PCH 705,000 1,029,000 1,678,500
N Redondo Beach/Villas South 717,500 880,000 985,000
S Redondo Beach S of Torrance Blvd 1,135,000 1,400,000 1,190,000
S Redondo Beach N of Torrance Blvd 807,000 1,065,000 1,162,500
N Redondo Beach/Golden Hills 890,000 932,000 1,080,000
N Redondo Beach/El Nido 626,500 797,500 777,500
Market Median Sales Price 849,000 950,000 1,070,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2015 2016 2017
Median Sales Price Year-to-Year by Map Area: May
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 20 21 22 19
S Redondo Beach W of PCH 19 19 20 27 20
N Redondo Beach/Villas South 27 14 26 27 23
S Redondo Beach S of Torrance Blvd 19 14 20 23 19
S Redondo Beach N of Torrance Blvd 23 18 16 19 20
N Redondo Beach/Golden Hills 14 9 11 14 8
N Redondo Beach/El Nido 5 5 10 11 11
Total Active Listings 134 99 124 143 120
-
5
10
15
20
25
30
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 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 20 21 22 19
S Redondo Beach W of PCH 19 19 20 27 20
N Redondo Beach/Villas South 27 14 26 27 23
S Redondo Beach S of Torrance Blvd 19 14 20 23 19
S Redondo Beach N of Torrance Blvd 23 18 16 19 20
N Redondo Beach/Golden Hills 14 9 11 14 8
N Redondo Beach/El Nido 5 5 10 11 11
Total Active Listings 134 99 124 143 120
Total Sales 34 49 70 63 77
Sales/Listings Ratio 25.4% 49.5% 56.5% 44.1% 64.2%
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20
40
60
80
100
120
140
160
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
N Redondo Beach/Villas North 30 18 19
S Redondo Beach W of PCH 20 28 20
N Redondo Beach/Villas South 29 21 23
S Redondo Beach S of Torrance Blvd 17 24 19
S Redondo Beach N of Torrance Blvd 26 17 20
N Redondo Beach/Golden Hills 16 8 8
N Redondo Beach/El Nido 5 7 11
Total Active Listings 143 123 120
-
20
40
60
80
100
120
140
160
2015 2016 2017
Active Listings Year-to-Year by Map Area: May
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 3.0 2.0 2.0 2.0 1.0
S Redondo Beach W of PCH 3.0 5.0 2.0 4.0 3.0
N Redondo Beach/Villas South 7.0 1.0 2.0 2.0 2.0
S Redondo Beach S of Torrance Blvd 5.0 2.0 2.0 4.0 2.0
S Redondo Beach N of Torrance Blvd 12.0 5.0 2.0 3.0 2.0
N Redondo Beach/Golden Hills 2.0 2.0 1.0 1.0 2.0
N Redondo Beach/El Nido 5.0 - 3.0 2.0 1.0
-
2.0
4.0
6.0
8.0
10.0
12.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 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
2015 2.0 3.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 3.0 1.0
2016 2.0 3.0 2.0 1.0 2.0 2.0 2.0 2.0 3.0 3.0 2.0 2.0
2017 4.0 2.0 2.0 2.0 2.0
-
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
2017 Months of Inventory Year-to-Year
2015
2016
2017

13. Summary
The Redondo Beach real estate market gained momentum in May as total sales increased 22.2%, the median sales price improved
12.6%, the sales-listing ratio climbed 45.6%, and the median days to sell dropped 47.4%. Net listings, however, decreased 16.1%.
Year-over-year months of inventory metric held steady at 2.0 from May 2016 to 2017.
In May, C.A.R. reported “Following a strong first quarter start, California home sales lost momentum in April, while the median
home price accelerated to a near-10-year high.”
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/apr2017sales
For listing or buying guidance, or additional statistics on market trending behavior, please do not hesitate to contact me to
schedule a time to discuss how I can be of service to you.
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Monthly Comparison Year-to-Year May 2016 May 2017 Delta Delta Increase Decrease
Total Sales 83 77 -6 -7.2%
Median Sales Price 950,000 1,070,000 120,000 12.6%
Median Days to Sell 25 10 -15 -60.0%
Listings 123 120 -3 -2.4%
Months of Inventory 2.0 2.0 0 0.0%
Month-to-Month Comparison Apr 2017 May 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 63 77 14 22.2%
Median Sales Price 950,500 1,070,000 119,500 12.6%
Median Days to Sell 19 10 -9 -47.4%
Listings 143 120 -23 -16.1%
Sales/Listing Ratio 44.1% 64.2% 20.1% 45.6%
Months of Inventory 2.0 2.0 0.0 0.0%

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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Hady Chahine
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• 310-404-5361