Redondo Beach real estate statistics and analysis for May 2014. 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 2014

2. Table of
Contents
Key Statistics for May
Sales
2014 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2014 Median Sales Stats
Year-to-Year Median Sales by Map Area
Listings
2014 Active Listings by Map Area
2014 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2014 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Outlook for June
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 2014 May 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 75 65 -10 -13.3%
Median Sales Price 724,000 710,000 (14,000) -1.9%
Median Days to Sell 28 34 6 21.4%
Listings 149 164 15 10.1%
Sales/Listing Ratio 50.3% 39.6% -10.7% -21.3%
Months of Inventory 2.0 2.5 0.5 25.0%
Monthly Comparison Year-to-Year May 2013 May 2014 Delta Delta Increase Decrease
Total Sales 86 65 -21 -24.4%
Median Sales Price 735,000 710,000 (25,000) -3.4%
Median Days to Sell 32 34 2 6.3%
Listings 169 164 -5 -3.0%
Months of Inventory 2.0 2.5 0.5 25.0%

4. Back to Table of Contents
Total Sales Month-to-Month by Map Area Mar Apr May
N Redondo Beach/Villas North 19 17 10
S Redondo Beach W of PCH 7 10 10
N Redondo Beach/Villas South 20 18 12
S Redondo Beach S of Torrance Blvd 5 10 6
S Redondo Beach N of Torrance Blvd 12 8 10
N Redondo Beach/Golden Hills 12 6 10
N Redondo Beach/El Nido 4 6 7
Total Sales 79 75 65
0
10
20
30
40
50
60
70
80
Mar Apr May
2014 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 2012 2013 2014
N Redondo Beach/Villas North 22 17 10
S Redondo Beach W of PCH 8 12 10
N Redondo Beach/Villas South 24 18 12
S Redondo Beach S of Torrance Blvd 9 13 6
S Redondo Beach N of Torrance Blvd 9 14 10
N Redondo Beach/Golden Hills 9 11 10
N Redondo Beach/El Nido 6 1 7
Total Sales 87 86 65
0
10
20
30
40
50
60
70
80
90
2012 2013 2014
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 710,000 712,000 700,500
S Redondo Beach W of PCH 1,009,000 561,500 621,000
N Redondo Beach/Villas South 735,400 761,000 754,000
S Redondo Beach S of Torrance Blvd 830,000 777,500 685,763
S Redondo Beach N of Torrance Blvd 830,000 890,000 739,000
N Redondo Beach/Golden Hills 862,000 845,000 783,900
N Redondo Beach/El Nido 742,500 532,500 598,000
Market Median Sales Price 760,000 724,000 710,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Mar Apr May
2014 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 2012 2013 2014
N Redondo Beach/Villas North 545,500 725,000 700,500
S Redondo Beach W of PCH 635,000 727,500 621,000
N Redondo Beach/Villas South 583,000 730,000 754,000
S Redondo Beach S of Torrance Blvd 570,000 630,000 685,763
S Redondo Beach N of Torrance Blvd 720,000 772,000 739,000
N Redondo Beach/Golden Hills 720,000 787,500 783,900
N Redondo Beach/El Nido 623,500 540,000 598,000
Market Median Sales Price 629,000 735,000 710,000
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
2012 2013 2014
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

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 26 31 35 33
S Redondo Beach W of PCH 20 29 37 35 40
N Redondo Beach/Villas South 30 29 24 23 27
S Redondo Beach S of Torrance Blvd 13 19 19 19 24
S Redondo Beach N of Torrance Blvd 16 15 16 15 21
N Redondo Beach/Golden Hills 8 10 9 12 10
N Redondo Beach/El Nido 11 14 12 10 9
Total Active Listings 125 142 148 149 164
-
5
10
15
20
25
30
35
40
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 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 26 31 35 33
S Redondo Beach W of PCH 20 29 37 35 40
N Redondo Beach/Villas South 30 29 24 23 27
S Redondo Beach S of Torrance Blvd 13 19 19 19 24
S Redondo Beach N of Torrance Blvd 16 15 16 15 21
N Redondo Beach/Golden Hills 8 10 9 12 10
N Redondo Beach/El Nido 11 14 12 10 9
Total Active Listings 125 142 148 149 164
Total Sales 49 44 79 75 65
Sales/Listings Ratio 39.2% 31.0% 53.4% 50.3% 39.6%
-
20
40
60
80
100
120
140
160
180
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 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 2012 2013 2014
N Redondo Beach/Villas North 42 21 33
S Redondo Beach W of PCH 52 38 40
N Redondo Beach/Villas South 44 35 27
S Redondo Beach S of Torrance Blvd 46 27 24
S Redondo Beach N of Torrance Blvd 32 24 21
N Redondo Beach/Golden Hills 20 13 10
N Redondo Beach/El Nido 14 11 9
Total Active Listings 250 169 164
0
50
100
150
200
250
2012 2013 2014
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 3.4 4.3 1.6 2.1 3.3
S Redondo Beach W of PCH 2.9 5.8 5.3 3.5 4.0
N Redondo Beach/Villas South 2.7 2.4 1.2 1.3 2.3
S Redondo Beach S of Torrance Blvd 1.4 2.7 3.8 1.9 4.0
S Redondo Beach N of Torrance Blvd 4.0 1.3 1.3 1.9 2.1
N Redondo Beach/Golden Hills 1.0 - 0.8 2.0 1.0
N Redondo Beach/El Nido 5.5 7.0 3.0 1.7 1.3
-
1.0
2.0
3.0
4.0
5.0
6.0
7.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 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
2012 3.5 5.8 3.4 3.3 3.3 3.3 3.2 3.5 2.9 2.5 2.3 2.0
2013 2.6 3.0 1.9 2.3 2.0 1.8 1.9 2.0 2.0 2.2 2.8 1.6
2014 2.6 3.2 1.9 2.0 2.5
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Months of Inventory Year-to-Year
2012
2013
2014

13. Outlook for June
“What happened to Redondo Beach residential real estate activity in May?” you ask. Honestly, I am not
sure. But, according to the MLS total sales, median sales price, median days to sell, sales/listing ratio,
and months of inventory all reportedly took a dip in performance expectations. Year-over-year stats also
revealed similar data.
“Based on this news what can we expect in June?” you ask. Although I do not have a crystal ball I will say,
however, because the cost to borrow money remains at historically low levels, and since we are entering
into summertime, I expect a rather quick correction in market performance activity.
Your recap…
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Month-to-Month Comparison Apr 2014 May 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 75 65 -10 -13.3%
Median Sales Price 724,000 710,000 (14,000) -1.9%
Median Days to Sell 28 34 6 21.4%
Listings 149 164 15 10.1%
Sales/Listing Ratio 50.3% 39.6% -10.7% -21.3%
Months of Inventory 2.0 2.5 0.5 25.0%

14.  Serving South Bay Home Buyers and Sellers Since 1989
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 Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010
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