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Hermosa Beach
Residential Real Estate
Market Conditions
May 2014
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
Key Statistics for May
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Apr 2014 May 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 31 18 -13 -41.94%
Median Sales Price 1,495,000 1,230,000 (265,000) -17.73%
Median Days to Sell 28 40 12 42.86%
Listings 48 49 1 2.08%
Sales/Listing Ratio 64.6% 36.7% -27.9% -43.19%
Months of Inventory 1.6 2.7 1.1 68.75%
Monthly Comparison Year-to-Year May 2013 May 2014 Delta Delta Increase Decrease
Total Sales 26 18 -8 -30.77%
Median Sales Price 1,100,500 1,230,000 129,500 11.77%
Median Days to Sell 47 40 -7 -14.89%
Listings 63 49 -14 -22.22%
Months of Inventory 2.4 2.7 0.3 12.50%
Back to Table of Contents
Total Sales Month-to-Month by Map Area Mar Apr May
Hermosa Bch Sand 3 21 5
Hermosa Bch Valley 4 5 4
Hermosa Bch East 4 5 9
Total Sales 11 31 18
0
5
10
15
20
25
30
35
Mar Apr May
2014 Total Sales Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Total Sales Year-to-Year by Map Area 2012 2013 2014
Hermosa Bch Sand 11 11 5
Hermosa Bch Valley 4 8 4
Hermosa Bch East 8 7 9
Total Sales 23 26 18
0
5
10
15
20
25
30
2012 2013 2014
Total Sales Year-to-Year by Map Area: May
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales
Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Mar Apr May
Hermosa Bch Sand 1,549,000 1,565,000 1,165,000
Hermosa Bch Valley 965,500 1,170,000 1,107,500
Hermosa Bch East 1,154,500 1,390,000 1,287,500
Market Median Sales Price 1,101,000 1,495,000 1,230,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
Mar Apr May
2014 Median Sales Price Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2012 2013 2014
Hermosa Bch Sand 950,000 1,277,000 1,165,000
Hermosa Bch Valley 455,500 1,015,000 1,107,500
Hermosa Bch East 750,000 890,000 1,287,500
Market Median Sales Price 800,000 1,100,500 1,230,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
2012 2013 2014
Median Sales Price Year-to-Year by Map Area: May
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
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
Hermosa Bch Sand 14 16 23 21 23
Hermosa Bch Valley 11 10 9 11 10
Hermosa Bch East 8 12 18 16 16
Total Active Listings 33 38 50 48 49
-
5
10
15
20
25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Active Listings by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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
Hermosa Bch Sand 14 16 23 21 23
Hermosa Bch Valley 11 10 9 11 10
Hermosa Bch East 8 12 18 16 16
Total Active Listings 33 38 50 48 49
Total Sales 12 14 11 31 18
Sales/Listings Ratio 36.4% 36.8% 22.0% 64.6% 36.7%
-
5
10
15
20
25
30
35
40
45
50
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
Back to Table of Contents
Active Listings Year-to-Year by Map Area 2012 2013 2014
Hermosa Bch Sand 48 23 23
Hermosa Bch Valley 17 22 10
Hermosa Bch East 20 18 16
Total Active Listings 85 63 49
0
10
20
30
40
50
60
70
80
90
2012 2013 2014
Active Listings Year-to-Year by Map Area: May
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings
Back to Table of Contents
Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 4.7 2.7 7.7 1.0 4.6
Hermosa Bch Valley 2.2 2.5 2.3 2.2 2.5
Hermosa Bch East 2.0 3.0 4.5 3.2 1.8
-
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Months of Inventory by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 5.9 4.4 3.3 5.1 3.7 4.5 3.8 4.0 3.2 4.1 3.1 1.8
2013 5.9 4.3 3.7 3.5 2.4 2.9 1.7 1.6 3.6 2.3 2.1 1.8
2014 2.8 2.7 4.6 1.6 2.7
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2012
2013
2014
Outlook for June
Overall trending stats for Hermosa Beach during the month of May were less than impressive compared to
the first quarter of 2014. Declines in performance were recorded for total sales, median sales price, median
days to sell, sales/listing ratio, and months of inventory. However, year-over-year data reveals the median
sales price is still 11.77% higher in May 2014 as compared to May 2013.
“What’s my best guestimate for June?” you ask. Considering the cost to borrower remains relatively
inexpensive I suspect buyer interest will increase in weeks to come. Also, summertime is an extremely busy
real estate season (historically speaking) so I assume both seller and buyer activity to intensify beyond what
we have seen thus far in 2014. That said anyone curious about real estate – listing or purchasing – should
contact me today to discuss how I can be of service to you.
Your recap…
Back to Table of Contents
Month-to-Month Comparison Apr 2014 May 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 31 18 -13 -41.94%
Median Sales Price 1,495,000 1,230,000 (265,000) -17.73%
Median Days to Sell 28 40 12 42.86%
Listings 48 49 1 2.08%
Sales/Listing Ratio 64.6% 36.7% -27.9% -43.19%
Months of Inventory 1.6 2.7 1.1 68.75%
About
Hady Chahine…
 Serving South Bay Home Buyers and Sellers Since 1989
 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
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.
Hady Chahine
• hady@hhcrealestate.com
• 310-404-5361
Back to Table of Contents
Listings MLS BLOGWebsite

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May 2014 Hermosa Beach Real Estate Market Trends Update

  • 1. Hermosa 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 Back to Table of Contents = trending positive = trending positive = trending negative = trending negative Month-to-Month Comparison Apr 2014 May 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 31 18 -13 -41.94% Median Sales Price 1,495,000 1,230,000 (265,000) -17.73% Median Days to Sell 28 40 12 42.86% Listings 48 49 1 2.08% Sales/Listing Ratio 64.6% 36.7% -27.9% -43.19% Months of Inventory 1.6 2.7 1.1 68.75% Monthly Comparison Year-to-Year May 2013 May 2014 Delta Delta Increase Decrease Total Sales 26 18 -8 -30.77% Median Sales Price 1,100,500 1,230,000 129,500 11.77% Median Days to Sell 47 40 -7 -14.89% Listings 63 49 -14 -22.22% Months of Inventory 2.4 2.7 0.3 12.50%
  • 4. Back to Table of Contents Total Sales Month-to-Month by Map Area Mar Apr May Hermosa Bch Sand 3 21 5 Hermosa Bch Valley 4 5 4 Hermosa Bch East 4 5 9 Total Sales 11 31 18 0 5 10 15 20 25 30 35 Mar Apr May 2014 Total Sales Month-to-Month by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Total Sales
  • 5. Back to Table of Contents Total Sales Year-to-Year by Map Area 2012 2013 2014 Hermosa Bch Sand 11 11 5 Hermosa Bch Valley 4 8 4 Hermosa Bch East 8 7 9 Total Sales 23 26 18 0 5 10 15 20 25 30 2012 2013 2014 Total Sales Year-to-Year by Map Area: May Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Total Sales
  • 6. Back to Table of Contents Median Sales Price Month-to-Month by Map Area Mar Apr May Hermosa Bch Sand 1,549,000 1,565,000 1,165,000 Hermosa Bch Valley 965,500 1,170,000 1,107,500 Hermosa Bch East 1,154,500 1,390,000 1,287,500 Market Median Sales Price 1,101,000 1,495,000 1,230,000 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 Mar Apr May 2014 Median Sales Price Month-to-Month by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East Market Median Sales Price
  • 7. Back to Table of Contents Median Sales Price Year-to-Year by Map Area 2012 2013 2014 Hermosa Bch Sand 950,000 1,277,000 1,165,000 Hermosa Bch Valley 455,500 1,015,000 1,107,500 Hermosa Bch East 750,000 890,000 1,287,500 Market Median Sales Price 800,000 1,100,500 1,230,000 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 2012 2013 2014 Median Sales Price Year-to-Year by Map Area: May Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East 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 Hermosa Bch Sand 14 16 23 21 23 Hermosa Bch Valley 11 10 9 11 10 Hermosa Bch East 8 12 18 16 16 Total Active Listings 33 38 50 48 49 - 5 10 15 20 25 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Active Listings by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East
  • 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 Hermosa Bch Sand 14 16 23 21 23 Hermosa Bch Valley 11 10 9 11 10 Hermosa Bch East 8 12 18 16 16 Total Active Listings 33 38 50 48 49 Total Sales 12 14 11 31 18 Sales/Listings Ratio 36.4% 36.8% 22.0% 64.6% 36.7% - 5 10 15 20 25 30 35 40 45 50 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 Hermosa Bch Sand 48 23 23 Hermosa Bch Valley 17 22 10 Hermosa Bch East 20 18 16 Total Active Listings 85 63 49 0 10 20 30 40 50 60 70 80 90 2012 2013 2014 Active Listings Year-to-Year by Map Area: May Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East 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 Hermosa Bch Sand 4.7 2.7 7.7 1.0 4.6 Hermosa Bch Valley 2.2 2.5 2.3 2.2 2.5 Hermosa Bch East 2.0 3.0 4.5 3.2 1.8 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Months of Inventory by Map Area Hermosa Bch Sand Hermosa Bch Valley Hermosa Bch East
  • 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 5.9 4.4 3.3 5.1 3.7 4.5 3.8 4.0 3.2 4.1 3.1 1.8 2013 5.9 4.3 3.7 3.5 2.4 2.9 1.7 1.6 3.6 2.3 2.1 1.8 2014 2.8 2.7 4.6 1.6 2.7 - 1.0 2.0 3.0 4.0 5.0 6.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Months of Inventory Year-to-Year 2012 2013 2014
  • 13. Outlook for June Overall trending stats for Hermosa Beach during the month of May were less than impressive compared to the first quarter of 2014. Declines in performance were recorded for total sales, median sales price, median days to sell, sales/listing ratio, and months of inventory. However, year-over-year data reveals the median sales price is still 11.77% higher in May 2014 as compared to May 2013. “What’s my best guestimate for June?” you ask. Considering the cost to borrower remains relatively inexpensive I suspect buyer interest will increase in weeks to come. Also, summertime is an extremely busy real estate season (historically speaking) so I assume both seller and buyer activity to intensify beyond what we have seen thus far in 2014. That said anyone curious about real estate – listing or purchasing – should contact me today to discuss how I can be of service to you. Your recap… Back to Table of Contents Month-to-Month Comparison Apr 2014 May 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 31 18 -13 -41.94% Median Sales Price 1,495,000 1,230,000 (265,000) -17.73% Median Days to Sell 28 40 12 42.86% Listings 48 49 1 2.08% Sales/Listing Ratio 64.6% 36.7% -27.9% -43.19% Months of Inventory 1.6 2.7 1.1 68.75%
  • 14. About Hady Chahine…  Serving South Bay Home Buyers and Sellers Since 1989  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
  • 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. Hady Chahine • hady@hhcrealestate.com • 310-404-5361 Back to Table of Contents Listings MLS BLOGWebsite