Torrance Real Estate Market Conditions - January 2015

Torrance
Residential Real Estate

Market Conditions
January 2015
Key Statistics for January

Sales
2015 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2015 Median Sales Stats
Year-to-Year Median Sales by Map Area
Table of
Contents
Listings
2015 Active Listings by Map Area
2015 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2015 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Outlook for February
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
Jan 2015
Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory
Jan 2014
Back to Table of Contents
44
637,500
57
156
28.2%
3.6
62
608,500
45
160
2.0
Feb 2015
TBD
TBD
TBD
TBD
TBD
TBD
Delta (qty)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
Jan 2015
Delta
44
637,500
57
156
3.6
-18
29,000
12
-4
1.6
Delta (%)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
Increase
Decrease
Delta
-29.0%
4.8%
26.7%
-2.5%
80.0%
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
5
6
4
4
2
5
6
5
4
3
44
Feb
Mar
2015 Total Sales Month-to-Month by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
Total Sales
45
40
35
30
25
20
15
10
5
0
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
2013
10
5
6
5
3
10
5
1
4
5
54
2014
8
8
7
4
4
9
11
1
9
1
62
2015
5
6
4
4
2
5
6
5
4
3
44
Total Sales Year-to-Year by Map Area: January

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
Total Sales
70
60
50
40
30
20
10
0
2013
2014
2015
Median Sales Price Month-to-Month by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Jan
615,000
751,500
984,500
692,500
927,500
771,000
565,000
583,000
Old Torrance
585,500
675,000
Market Median Sales Price
Feb
Mar
637,500
2015 Median Sales Price Month-to-Month by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
1,000,000
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
Jan
Feb
Mar
Median Sales Price Year-to-Year by Map Area

Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
2013
560,000
327,000
882,000
565,000
629,000
633,700
475,000
552,000
455,000
570,000
567,500
2014
608,500
547,500
1,187,000
881,250
657,500
815,000
532,000
370,000
475,000
533,000
608,500
2015
615,000
751,500
984,500
692,500
927,500
771,000
565,000
583,000
585,500
675,000
637,500
Median Sales Price Year-to-Year by Map Area: January

1,200,000
Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
1,000,000
800,000
600,000
400,000
200,000
2013
2014
2015
2015 Active Listings by Map Area

Central Torrance
30
25
Hollywood Riviera
South Torrance
20
Southwood
West Torrance
N Torrance - West
15
10
N Torrance - East
Old Torrance
5
Jan
Feb
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
Jan
27
16
20
11
6
12
17
10
20
17
156
Mar
Feb
Apr
Mar
May
Apr
Jun
May
Jul
Jun
Aug
Jul
Sep
Aug
Sep
Oct
Oct
Nov
Nov
Dec
Dec
2015 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
27
16
Hollywood Riviera
20
South Torrance
11
Southwood
6
West Torrance
12
N Torrance - West
17
N Torrance - East
10
Old Torrance
20
17
156
Total Sales
44
Sales/Listings Ratio 28.2%
Apr
Mar
May
Apr
Jun
May
Jul
Aug
Sep
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
2013
25
14
18
10
6
16
14
6
24
14
147
2014
22
9
16
14
5
15
32
11
23
13
160
2015
27
16
20
11
6
12
17
10
20
17
156
Active Listings Year-to-Year by Map Area: January

160
Central Torrance
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
140
120
100
80
60
40
20
0
2013
2014
2015
2015 Months of Inventory by Map Area

6.0
Central Torrance
5.0
Hollywood Riviera
South Torrance
Southwood
4.0
3.0
West Torrance
N Torrance - West
2.0
N Torrance - East
Old Torrance
1.0
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
5.4
2.7
5.0
2.8
3.0
2.4
2.8
2.0
5.0
5.7
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
2013
1.5
2014
2015
1.0
0.5
Jan
Feb
Months of Inventory Year-to-Year

2013
2014
2015
Mar
Jan
2.6
2.0
3.6
Apr
Feb
2.7
2.0
May
Jun
Mar
1.5
2.0
Apr
1.6
2.2
Jul
May
1.8
2.1
Aug
Jun
2.0
3.0
Sep
Jul
1.9
2.1
Aug
2.2
2.1
Oct
Sep
2.0
2.7
Nov
Oct
2.3
2.2
Dec
Nov
2.0
2.3
Dec
1.0
1.8
Outlook for February

The Torrance real estate market started 2015 off on the right foot with 44 recorded sales and a
respectable $637.5K market median sales price. Although a few data points trended a bit slower,
such as the median days to sell at 57 and the sales/listing ratio at 28.2%, overall activity was positive
given the time of year and the volatility in the financial markets and global unrest.
Looking forward to February I predict a continued healthy supply/demand relationship between
sellers and buyers. Thus, for those of you interested in selling your property I would be happy to
provide you with a free comparative market analysis and discuss marketing solutions. As for buyers,
now is the perfect time to give me a call so we can get you pre-approved to make offers to purchase.
Not ready to commit? No problem! For general inquiries I am always available just give me call.
Your recap
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory
Jan 2015
44
637,500
57
156
28.2%
3.6
Feb 2015
TBD
TBD
TBD
TBD
TBD
TBD
Delta (qty)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
Delta (%)
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
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
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 2015

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Torrance Real Estate Market Conditions - January 2015

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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

2015 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

South East Torrance - East

2015 Median Sales Price Month-to-Month by Map Area

Back to Table of Contents

Median Sales Price Year-to-Year by Map Area

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

Back to Table of Contents

2015 Active Listings by Map Area

Active Listings vs. Total Sales by Map Area

Back to Table of Contents

2015 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

2015 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

Outlook for February

Back to Table of Contents

Back to Table of Contents

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