Hermosa Beach

Residential Real Estate

Market Conditions
January 2017
 Key Statistics for January
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

Table of Listings
2017 Active Listings by Map Area
2017 Total Active Listings vs. Total Sales

Contents 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 January
Month-to-Month Comparison Dec 2016 Jan 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 12 14 2 16.67%
Median Sales Price 1,435,863 1,402,500 (33,363) -2.32%
Median Days to Sell 27 18 -9 -33.33%
Listings 54 59 5 9.26%
Sales/Listing Ratio 22.2% 23.7% 1.5% 6.76%
Months of Inventory 5.0 4.0 -1 -20.00%
Monthly Comparison Year-to-Year Jan 2016 Jan 2017 Delta Delta Increase Decrease
Total Sales 10 14 4 40.00%
Median Sales Price 1,833,500 1,402,500 (431,000) -23.51%
Median Days to Sell 80 18 -62 -77.50%
Listings 52 59 7 13.46%
Months of Inventory 4.0 4.0 0 0.00%

= trending positive = trending positive

= trending negative = trending negative

Back to Table of Contents

 Total Sales Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 4
Hermosa Bch Valley 6
Hermosa Bch East 4
Total Sales 14

2017 Total Sales Month-to-Month by Map Area

14

12

10

8
Hermosa Bch Sand
6 Hermosa Bch Valley
Hermosa Bch East
Total Sales
4

-
Jan Feb Mar

Back to Table of Contents

 Total Sales Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 9 7 4
Hermosa Bch Valley 2 2 6
Hermosa Bch East 4 1 4
Total Sales 15 10 14

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

16

14

12

10

8
Hermosa Bch Sand
Hermosa Bch Valley
6 Hermosa Bch East
Total Sales
4

-
2015 2016 2017

Back to Table of Contents

 Median Sales Price Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 1,342,500
Hermosa Bch Valley 961,000
Hermosa Bch East 1,520,000
Market Median Sales Price 1,402,500

2017 Median Sales Price Month-to-Month by Map Area

1,600,000

1,400,000

1,200,000

1,000,000

800,000
Hermosa Bch Sand
Hermosa Bch Valley
600,000
Hermosa Bch East
Market Median Sales Price
400,000

200,000

-
Jan Feb Mar

Back to Table of Contents

 Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 1,695,000 1,792,000 1,342,500
Hermosa Bch Valley 1,500,000 2,158,750 961,000
Hermosa Bch East 1,662,500 1,310,000 1,520,000
Market Median Sales Price 1,640,000 1,833,500 1,402,500

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

2,500,000

2,000,000

1,500,000

Hermosa Bch Sand

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

500,000

-
2015 2016 2017

Back to Table of Contents

 2017 Active Listings by Map Area

35

30

25

20

15

Hermosa Bch Sand

Hermosa Bch Valley 10
Hermosa Bch East
5

-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 33
Hermosa Bch Valley 15
Hermosa Bch East 11
Total Active Listings 59

Back to Table of Contents

 2017 Total Active Listings vs. Total Sales

60

50

40

30

20

Total Active Listings

Total Sales 10

-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 33
Hermosa Bch Valley 15
Hermosa Bch East 11
Total Active Listings 59
Total Sales 14
Sales/Listings Ratio 23.7%

Back to Table of Contents

 Active Listings Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 23 29 33
Hermosa Bch Valley 16 16 15
Hermosa Bch East 7 7 11
Total Active Listings 46 52 59

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

60

50

40

30 Hermosa Bch Sand

Hermosa Bch Valley
Hermosa Bch East
20 Total Active Listings

10

-
2015 2016 2017

Back to Table of Contents

 2017 Months of Inventory by Map Area

8.0

7.0

6.0

5.0

4.0

3.0
Hermosa Bch Sand
Hermosa Bch Valley 2.0
Hermosa Bch East
1.0

-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 8.0
Hermosa Bch Valley 3.0
Hermosa Bch East 3.0

Back to Table of Contents

 Months of Inventory Year-to-Year

5.0

4.5

4.0

3.5

3.0

2.5

2.0

1.5
2015
2016
1.0
2017
0.5

-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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

Back to Table of Contents

 Summary
Overall Hermosa Beach real estate investment in January was fairly positive as total sales increased 16.67%, median days to sell
dropped 33.33%, net listings improved 9.26% and the sales-listing ratio ticked up 6.76%. Year-over-year months of inventory data
point held constant at 4.0 from 2016 to 2017.

In January, C.A.R. reported Despite strong headwinds of tight housing supplies and an affordability squeeze throughout
much of 2016, Californias housing market ended the year on a positive note, posting a moderate sales pace and home price
increases in December. http://www.car.org/newsstand/newsreleases/2017releases/dec2016sales?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 Dec 2016 Jan 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 12 14 2 16.67%
Median Sales Price 1,435,863 1,402,500 (33,363) -2.32%
Median Days to Sell 27 18 -9 -33.33%
Listings 54 59 5 9.26%
Sales/Listing Ratio 22.2% 23.7% 1.5% 6.76%
Months of Inventory 5.0 4.0 -1 -20.00%
Monthly Comparison Year-to-Year Jan 2016 Jan 2017 Delta Delta Increase Decrease
Total Sales 10 14 4 40.00%
Median Sales Price 1,833,500 1,402,500 (431,000) -23.51%
Median Days to Sell 80 18 -62 -77.50%
Listings 52 59 7 13.46%
Months of Inventory 4.0 4.0 0 0.00%

Back to Table of Contents

 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

 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.

Back to Table of Contents