Hermosa Beach

Residential Real Estate

Market Conditions
February 2016

Key Statistics for February

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 February

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

Jan 2016

Monthly Comparison Year-to-Year

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

Feb 2015

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10
1,833,500
80
38
26.3%
4.0

9
1,450,000
65
42
5.0

Feb 2016
18
1,428,750
30
44
40.9%
2.0

Feb 2016
18
1,428,750
30
44
2.0

Delta (qty)
8
(404,750)
-50
6
14.6%
-2

Delta
9
(21,250)
-35
2
-3

Delta (%)
80.00%
-22.08%
-62.50%
15.79%
55.51%
-50.00%

Increase

Decrease

Delta
100.00%
-1.47%
-53.85%
4.76%
-60.00%

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

Jan
7
2
1
10

Feb
11
4
3
18

Mar

2016 Total Sales Month-to-Month by Map Area

18
16
14
12
10
Hermosa Bch Sand

Hermosa Bch Valley

6

Hermosa Bch East

Total Sales

4
2
Jan

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Feb

Mar

Total Sales Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

2014
5
5
4
14

2015
4
2
3
9

2016
11
4
3
18

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

18
16
14
12
10
Hermosa Bch Sand

Hermosa Bch Valley

6

Hermosa Bch East

Total Sales

4
2
-

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

Jan
1,792,000
2,158,750
1,310,000
1,833,500

Feb
1,449,000
1,043,750
1,225,000
1,428,750

Mar

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

1,000,000

Hermosa Bch East

Market Median Sales Price
500,000

Jan

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Feb

Mar

Median Sales Price Year-to-Year by Map Area

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

2014
1,550,000
1,265,000
1,290,000
1,344,750

2015
2,274,500
1,182,000
1,185,000
1,450,000

2016
1,449,000
1,043,750
1,225,000
1,428,750

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

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

2014

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2015

2016

2016 Active Listings by Map Area

25

20

15

10
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

Jan

Feb

Mar

Active Listings vs. Total Sales by Map Area

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

Jan
21
11
6
38

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Apr

Feb
24
9
11
44

May

Mar

Jun

Apr

May

Jul

Jun

Aug

Jul

Sep

Aug

Oct

Nov

Sep

Oct

Dec

Nov

Dec

2016 Total Active Listings vs. Total Sales

45
40
35
30

25
20
15
Total Active Listings
Total Sales

10
5
Jan

Feb

Mar

Apr

Active Listings vs. Total Sales by Map Area

Jan
Feb Mar
Hermosa Bch Sand
21
24
Hermosa Bch Valley
11
9
Hermosa Bch East
6
11
Total Active Listings
38
44
Total Sales
10
18
Sales/Listings Ratio 26.3% 40.9%
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May

Apr

Jun

May

Jul

Jun

Aug

Jul

Sep

Aug

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
22
11
14
47

2015
25
7
10
42

2016
24
9
11
44

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

50
45
40
35
30
25
Hermosa Bch Sand
20

Hermosa Bch Valley

Hermosa Bch East

15

Total Active Listings

10
5
2014

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2015

2016

2016 Months of Inventory by Map Area

6.0

5.0

4.0

3.0

2.0
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

1.0

Jan

Months of Inventory by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Back to Table of Contents

Feb

Mar

Apr

Jan
3.0
6.0
6.0

Feb
2.0
2.0
4.0

Mar

May

Apr

Jun

May

Jul

Jun

Aug

Jul

Sep

Aug

Oct

Sep

Nov

Oct

Dec

Nov

Dec

Months of Inventory Year-to-Year

5.0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
2014
2015
2016

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

Jun

Jul

Apr
2.0
2.0

May
3.0
4.0

Aug

Jun
3.0
3.0

Sep

Jul
3.0
4.0

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 activity picked up in February with an 80% improvement in total sales month-over-month. In addition,
positive moment was recorded for median days to sell, listings, and sales-listing ratio data points. Year-over-year, however, the
market median sales price dropped 1.47% or $21.25K for the month of February.
In the news According to C.A.R., Existing, single-family home sales totaled 393,360 in February on a seasonally adjusted
annualized rate, up 2.6 percent from January and 6.4 percent above February 2015.
http://www.car.org/newsstand/newsreleases/2016releases/february2016sales?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

Jan 2016

Monthly Comparison Year-to-Year

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

Feb 2015

Back to Table of Contents

10
1,833,500
80
38
26.3%
4.0

9
1,450,000
65
42
5.0

Feb 2016
18
1,428,750
30
44
40.9%
2.0

Feb 2016
18
1,428,750
30
44
2.0

Delta (qty)
8
(404,750)
-50
6
14.6%
-2

Delta
9
(21,250)
-35
2
-3

Delta (%)
80.00%
-22.08%
-62.50%
15.79%
55.51%
-50.00%

Increase

Decrease

Delta
100.00%
-1.47%
-53.85%
4.76%
-60.00%

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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