Torrance Real Estate Market Conditions - January 2016

Torrance
Residential Real Estate

Market Conditions
January 2015
Key Statistics for January

Sales
2016 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2016 Median Sales Stats
Year-to-Year Median Sales by Map Area
Table of
Contents
Listings
2016 Active Listings by Map Area
2016 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2016 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Summary
About Hady Chahine

Contact Information
Key Statistics for January

Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory
Dec 2015
Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory
Jan 2015
Back to Table of Contents
96
700,000
44
126
76.2%
1.0
44
637,500
57
188
4.0
Jan 2016
58
692,500
39
151
38.4%
3.0
Jan 2016
58
692,500
39
151
3.0
Delta (qty)
-38
(7,500)
-5
25
-37.8%
2.0
Delta
14
55,000
-18
-37
-1
Delta (%)
-39.6%
-1.1%
-11.4%
19.8%
-49.6%
200.0%
Increase
Decrease
Delta
31.8%
8.6%
-31.6%
-19.7%
-25.0%
Increase
Decrease
= trending positive
= trending positive
= trending negative
= trending negative
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
Jan
6
3
4
7
5
9
9
5
6
4
58
Feb
Mar
2016 Total Sales Month-to-Month by Map Area

60
Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
Total Sales
50
40
30
20
10
Jan
Feb
Mar
Total Sales Year-to-Year by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
Total Sales
2014
8
8
7
4
4
9
11
1
9
1
62
2015
5
6
4
4
2
5
6
5
4
3
44
2016
6
3
4
7
5
9
9
5
6
4
58
Total Sales Year-to-Year by Map Area: January

70
Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
Total Sales
60
50
40
30
20
10
2014
2015
2016
Median Sales Price Month-to-Month by Map Area

Jan
Central Torrance
592,500
911,700
Hollywood Riviera
1,222,500
South Torrance
730,000
Southwood
770,000
West Torrance
959,900
N Torrance - West
565,000
N Torrance - East
632,000
Old Torrance
592,500
730,000
Market Median Sales Price
692,500
Feb
Mar
2016 Median Sales Price Month-to-Month by Map Area

1,400,000
Central Torrance
1,200,000
Hollywood Riviera
1,000,000
South Torrance
Southwood
800,000
West Torrance
N Torrance - West
600,000
N Torrance - East
400,000
Old Torrance
200,000

Jan
Feb
Mar
Median Sales Price Year-to-Year by Map Area

2014
Central Torrance
608,500
547,500
Hollywood Riviera
1,187,000
South Torrance
881,250
Southwood
657,500
West Torrance
815,000
N Torrance - West
532,000
N Torrance - East
370,000
Old Torrance
475,000
533,000
608,500
2015
2016
615,000
592,500
751,500
911,700
984,500 1,222,500
692,500
730,000
927,500
770,000
771,000
959,900
565,000
565,000
583,000
632,000
585,500
592,500
675,000
730,000
637,500
692,500
Median Sales Price Year-to-Year by Map Area: January

1,400,000
Central Torrance
1,200,000

Hollywood Riviera
1,000,000
South Torrance
Southwood
800,000
West Torrance
600,000
N Torrance - West
N Torrance - East
400,000
Old Torrance
200,000
2014
2015
2016
2016 Active Listings by Map Area

30
Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
25
20
15
10
5
Jan
Active Listings vs. Total Sales by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
Total Active Listings
Feb
Mar
Apr
Jan
24
12
18
10
11
4
27
13
20
12
151
Feb
Mar
May
Apr
Jun
May
Jul
Jun
Aug
Jul
Sep
Aug
Oct
Sep
Nov
Oct
Nov
Dec
Dec
2016 Total Active Listings vs. Total Sales

160
140
120
100
80
Total Sales
60
40
20
Jan
Feb
Mar
Active Listings vs. Total Sales by Map Area

Jan
Feb
Central Torrance
24
12
Hollywood Riviera
18
South Torrance
10
Southwood
11
West Torrance
4
N Torrance - West
27
N Torrance - East
13
Old Torrance
20
12
151
Total Sales
58
Sales/Listings Ratio 38.4%
Apr
Mar
May
Apr
Jun
Jul
Aug
Sep
May
Jun
Jul
Aug
Oct
Sep
Nov
Oct
Dec
Nov
Dec
Active Listings Year-to-Year by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
2014
22
10
16
14
5
15
33
11
23
13
162
2015
28
17
27
13
7
14
24
13
24
21
188
2016
24
12
18
10
11
4
27
13
20
12
151
Active Listings Year-to-Year by Map Area: January

200
180
Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
160
140
120
100
80
60
40
20
2014
2015
2016
2016 Months of Inventory by Map Area

5.0
4.5
Central Torrance
4.0
Hollywood Riviera
3.5
South Torrance
3.0
Southwood
2.5
West Torrance
2.0
N Torrance - West
N Torrance - East
Old Torrance
1.5
1.0
0.5
-
Months of Inventory by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
Jan
Feb
Mar
Apr
Jan
4.0
4.0
5.0
1.0
2.0
3.0
3.0
3.0
3.0
Feb
Mar
Apr
May
May
Jun
Jun
Jul
Jul
Aug
Aug
Sep
Sep
Oct
Oct
Nov
Nov
Dec
Dec
Months of Inventory Year-to-Year

4.0
3.5
3.0
2.5
2.0
1.5
2014
2015
2016
1.0
0.5
Jan
Feb
Months of Inventory Year-to-Year

2014
2015
2016
Mar
Apr
Jan
3.0
4.0
3.0
Feb
2.0
3.0
May
Mar
2.0
2.0
Jun
Jul
Apr
3.0
2.0
May
2.0
2.0
Aug
Jun
4.0
2.0
Sep
Jul
2.0
2.0
Aug
2.0
2.0
Oct
Sep
3.0
3.0
Nov
Oct
2.0
3.0
Dec
Nov
3.0
3.0
Dec
2.0
1.0
Summary
January real estate activity for the Torrance market was rather disappointing as total sales declined 39.6%, median sales price fell
$7.5K, and the sales-listing ratio dropped 49.6% despite improvements to net listings and the median days to sell data points.
Year-over-year analysis, however, shows a $55K bump in the market median sales price.
In the news According to C.A.R., Januarys statewide median home price was $468,330, down 4.3 percent from December
and up 9.2 percent from January 2015.
http://www.car.org/newsstand/newsreleases/2016releases/january2016sales?view=Standard
For listing or buying guidance, or additional statistics on market trending behavior, please do not hesitate to contact me. - My job
is your future.
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory
Dec 2015
Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory
Jan 2015
96
700,000
44
126
76.2%
1.0
44
637,500
57
188
4.0
Jan 2016
58
692,500
39
151
38.4%
3.0
Jan 2016
58
692,500
39
151
3.0
Delta (qty)
-38
(7,500)
-5
25
-37.8%
2.0
Delta
14
55,000
-18
-37
-1
Delta (%)
-39.6%
-1.1%
-11.4%
19.8%
-49.6%
200.0%
Increase
Decrease
Delta
31.8%
8.6%
-31.6%
-19.7%
-25.0%
Increase
Decrease
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
Hady Chahine
hady@hadychahine.com
310-404-5361
Website
Listings
MLS
BLOG
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitors 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.

Torrance Real Estate Market Conditions - January 2016

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Torrance Real Estate Market Conditions - January 2016

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Torrance

Residential Real Estate

Key Statistics for January

About Hady Chahine

Key Statistics for January

Monthly Comparison Year-to-Year

Back to Table of Contents

Total Sales Month-to-Month by Map Area

2016 Total Sales Month-to-Month by Map Area

Back to Table of Contents

Total Sales Year-to-Year by Map Area

Total Sales Year-to-Year by Map Area: January

Back to Table of Contents

Median Sales Price Month-to-Month by Map Area

2016 Median Sales Price Month-to-Month by Map Area

South East Torrance - West

Market Median Sales Price

Back to Table of Contents

Median Sales Price Year-to-Year by Map Area

Median Sales Price Year-to-Year by Map Area: January

South East Torrance - West

Market Median Sales Price

Back to Table of Contents

2016 Active Listings by Map Area

Active Listings vs. Total Sales by Map Area

2016 Total Active Listings vs. Total Sales

Active Listings vs. Total Sales by Map Area

Active Listings Year-to-Year by Map Area

Active Listings Year-to-Year by Map Area: January

Back to Table of Contents

2016 Months of Inventory by Map Area

South East Torrance - East

Months of Inventory by Map Area

Months of Inventory Year-to-Year

Months of Inventory Year-to-Year

Monthly Comparison Year-to-Year

Back to Table of Contents

Back to Table of Contents

Back to Table of Contents

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