Hermosa Beach

Residential Real Estate

Market Conditions
July 2016

Key Statistics for July

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 July

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

Jun 2016
22
1,240,000
23
72
30.6%
3.0

23
1,410,000
45
77
29.9%
3.0

Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory

Jul 2015

Jul 2016

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14
1,580,500
60
65
4.0

Jul 2016

23
1,410,000
45
77
3.0

Delta (qty)
1
170,000
22
5
-0.7%
0

Delta
9
(170,500)
-15
12
-1

Delta (%)
4.55%
13.71%
95.65%
6.94%
-2.29%
0.00%

Increase

Decrease

Delta
64.29%
-10.79%
-25.00%
18.46%
-25.00%

Increase

Decrease

= trending positive

= trending positive

= trending negative

= trending negative

Total Sales Month-to-Month by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

May
8
2
8
18

Jun
7
5
10
22

Jul
10
5
8
23

2016 Total Sales Month-to-Month by Map Area

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley

10

Hermosa Bch East

Total Sales

May

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Jun

Jul

Total Sales Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

2014
6
3
9
18

2015
8
6
14

2016
10
8
5
23

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

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley
10

Hermosa Bch East

Total Sales

2014

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2015

2016

Median Sales Price Month-to-Month by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price

May
2,272,500
666,750
1,242,500
1,317,000

Jun
1,700,000
649,000
1,240,000
1,240,000

Jul
1,765,500
1,410,000
1,212,500
1,410,000

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

2,500,000

2,000,000

1,500,000
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price

1,000,000

500,000

May

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Jun

Jul

Median Sales Price Year-to-Year by Map Area

2014
2015
Hermosa Bch Sand
1,264,500 1,461,000
Hermosa Bch Valley
998,500
Hermosa Bch East
875,000 1,763,750
Market Median Sales Price
999,500 1,580,500

2016
1,765,500
1,410,000
1,212,500
1,410,000

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

1,800,000
1,600,000
1,400,000
1,200,000
1,000,000

Hermosa Bch Sand

Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price

800,000
600,000
400,000
200,000

2014

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2015

2016

2016 Active Listings by Map Area

50
45
40

35
30
25
20
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

15
10
5
Jan

Feb

Active Listings vs. Total Sales by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings
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Mar

Jan
21
11
6
38

Apr

Feb
24
9
11
44

May

Mar
24
8
19
51

Apr
36
10
25
71

Jun

May
35
13
19
67

Jul

Jun
40
13
19
72

Aug

Jul
48
11
18
77

Sep

Aug

Oct

Sep

Nov

Oct

Dec

Nov

Dec

2016 Total Active Listings vs. Total Sales

80
70
60
50
40
30
Total Active Listings
Total Sales

20

10
Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Active Listings vs. Total Sales by Map Area

Jan
Feb Mar Apr May Jun
Jul
Aug
Hermosa Bch Sand
21
24
24
36
35
40
48
Hermosa Bch Valley
11
9
8
10
13
13
11
Hermosa Bch East
6
11
19
25
19
19
18
Total Active Listings
38
44
51
71
67
72
77
Total Sales
10
18
16
18
18
22
23
Sales/Listings Ratio 26.3% 40.9% 31.4% 25.4% 26.9% 30.6% 29.9%
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Oct

Sep

Nov

Oct

Dec

Nov

Dec

Active Listings Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings

2014
23
9
18
50

2015
41
13
11
65

2016
48
11
18
77

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

80
70
60
50
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings

40
30
20

10
2014

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2015

2016

2016 Months of Inventory by Map Area

7.0

6.0

5.0

4.0

3.0
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

2.0

1.0

Jan

Months of Inventory by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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Feb

Mar

Apr

Jan
3.0
6.0
6.0

Feb
2.0
2.0
4.0

Mar
3.0
2.0
6.0

May

Apr
6.0
2.0
4.0

Jun

May
4.0
7.0
2.0

Jul

Jun
6.0
3.0
2.0

Aug

Jul
5.0
2.0
2.0

Sep

Aug

Oct

Sep

Nov

Oct

Nov

Dec

Dec

Months of Inventory Year-to-Year

5.0
4.5
4.0
3.5
3.0
2.5

2.0
2014
2015
2016

1.5

1.0
0.5
Jan

Feb

Months of Inventory Year-to-Year

2014
2015
2016
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Mar

Jan
3.0
2.0
4.0

Apr

Feb
3.0
5.0
2.0

May

Mar
5.0
2.0
3.0

Jun

Apr
2.0
2.0
4.0

Jul

May
3.0
4.0
4.0

Aug

Jun
3.0
3.0
3.0

Jul
3.0
4.0
3.0

Sep

Aug
2.0
3.0

Oct

Sep
2.0
3.0

Nov

Oct
3.0
3.0

Dec

Nov
4.0
2.0

Dec
2.0
2.0

Summary
Hermosa Beach real estate market analysis for July showed a 4.55% increase in total sales, a 13.71% improvement in the median
sales price, and a 6.94% bump in net listings. Moving contrary to the aforementioned the median days to sell spiked by 95.65%
and the sales-listing ratio dropped by 2.29%. Year-over-year the median sales price fell by 10.79% or $170.5K for the month of
July.

In the news According to C.A.R., California home sales stumbled in July as low inventories and eroding affordability
dragged down the housing market.
http://www.car.org/newsstand/newsreleases/2016releases/july2016sales?view=Standard
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.

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

Jun 2016
22
1,240,000
23
72
30.6%
3.0

23
1,410,000
45
77
29.9%
3.0

Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory

Jul 2015

Jul 2016

Back to Table of Contents

14
1,580,500
60
65
4.0

Jul 2016

23
1,410,000
45
77
3.0

Delta (qty)
1
170,000
22
5
-0.7%
0

Delta
9
(170,500)
-15
12
-1

Delta (%)
4.55%
13.71%
95.65%
6.94%
-2.29%
0.00%

Increase

Decrease

Delta
64.29%
-10.79%
-25.00%
18.46%
-25.00%

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

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Hady Chahine
hady@hadychahine.com
310-404-5361

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