Hermosa Beach

Residential Real Estate

Market Conditions
December 2015

Key Statistics for December

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
Summary

About Hady Chahine

Contact Information

Key Statistics for December

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

Nov 2015
16
1,650,000
37
36
44.4%
2.0

Dec 2015

Monthly Comparison Year-to-Year

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

Dec 2014

Dec 2015

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15
1,570,000
51
30
1.7

20
1,837,500
34
29
69.0%
1.0

20
1,837,500
34
29
1.0

Delta (qty)
4
187,500
-3
-7
24.6%
-1

Delta
5
267,500
-17
-1
-0.7

Delta (%)
25.00%
11.36%
-8.11%
-19.44%
55.41%
-50.00%

Increase

Decrease

Delta
33.33%
17.04%
-33.33%
-3.33%
-41.18%

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

Oct
13
5
3
21

Nov
5
7
4
16

Dec
12
3
5
20

2015 Total Sales Month-to-Month by Map Area

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

10

Oct

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Nov

Dec

Total Sales Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

2013
6
4
6
16

2014
7
4
4
15

2015
12
3
5
20

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

20
18
16
14
12
10

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

Total Sales

4
2
2013

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2014

2015

Median Sales Price Month-to-Month by Map Area

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

Oct
2,100,000
635,000
1,200,000
1,265,000

Nov
2,025,000
1,800,000
1,139,000
1,650,000

Dec
2,282,500
1,297,000
1,500,000
1,837,500

2015 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

Oct

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Nov

Dec

Median Sales Price Year-to-Year by Map Area

2013
Hermosa Bch Sand
1,190,000
Hermosa Bch Valley
979,250
Hermosa Bch East
1,053,500
Market Median Sales Price 1,022,500

2014
1,875,000
1,360,000
1,460,000
1,570,000

2015
2,282,500
1,297,000
1,500,000
1,837,500

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

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

2013

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2014

2015

2015 Active Listings by Map Area

45
40
35
30
25
20

Hermosa Bch Sand

Hermosa Bch Valley
Hermosa Bch East

15
10
5
Jan

Feb

Active Listings vs. Total Sales by Map Area

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

Jan
16
6
5
27

Apr

Feb
21
6
9
36

May

Mar
24
5
9
38

Apr
29
7
15
51

Jun

May
36
7
9
52

Jul

Jun
35
5
9
49

Aug

Jul
33
7
11
51

Sep

Oct

Aug
36
10
9
55

Sep
41
9
5
55

Nov

Oct
30
10
10
50

Dec

Nov
24
6
6
36

Dec
22
3
4
29

2015 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
16
21
24
29
36
35
33
36
41
30
24
22
Hermosa Bch Valley
6
6
5
7
7
5
7
10
9
10
6
3
Hermosa Bch East
5
9
9
15
9
9
11
9
5
10
6
4
Total Active Listings
27
36
38
51
52
49
51
55
55
50
36
29
Total Sales
15
9
20
30
15
21
14
23
19
21
16
20
Sales/Listings Ratio 55.6% 25.0% 52.6% 58.8% 28.8% 42.9% 27.5% 41.8% 34.5% 42.0% 44.4% 69.0%
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Active Listings Year-to-Year by Map Area

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

2013
10
11
11
32

2014
19
5
6
30

2015
22
3
4
29

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

35

30

25

20
Hermosa Bch Sand

15

Hermosa Bch Valley

Hermosa Bch East

10

Total Active Listings

2013

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2014

2015

2015 Months of Inventory by Map Area

6.0

5.0

4.0

3.0

Hermosa Bch Sand

Hermosa Bch Valley

Hermosa Bch East

2.0

1.0

Jan

Months of Inventory by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
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Feb

Mar

Apr

Jan
1.8
3.0
1.3

Feb
5.3
3.0
3.0

Mar
2.4
1.3
1.5

May

Apr
2.1
1.0
1.7

Jun

May
5.0
2.5
1.5

Jul

Jun
5.0
1.0
1.0

Aug

Jul
4.0
2.0

Sep

Aug
3.0
3.0
1.0

Oct

Sep
6.0
1.0
1.0

Nov

Oct
2.0
2.0
3.0

Dec

Nov
5.0
1.0
2.0

Dec
2.0
1.0
1.0

Months of Inventory Year-to-Year

6.0

5.0

4.0

3.0

2.0
2013
2014
2015

1.0

Jan

Feb

Months of Inventory Year-to-Year

2013
2014
2015
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Mar

Jan
5.9
2.8
1.8

Apr

Feb
4.3
2.7
4.0

May

Mar
3.7
4.6
1.9

Jun

Apr
3.5
1.6
1.7

Jul

May
2.4
2.7
1.5

Aug

Jun
2.9
2.5
2.0

Sep

Jul
1.7
2.3
4.0

Aug
1.6
2.1
2.0

Oct

Nov

Sep
3.6
2.0
3.0

Oct
2.3
2.8
2.0

Dec

Nov
2.1
3.8
2.0

Dec
1.8
1.7
1.0

Summary
Real estate investment activity picked up in Hermosa Beach to close out 2015 with total sales climbing 25% month-over-month.
Other improved metrics include 11.36% increase in the median sales prices, an 8.11% drop in median days to sell, and a 55.41%
spike in the sales-listing ratio. Similar trending behavior was recorded for year-over-year December data points.
In the news According to C.A.R., For 2015 as a whole, a preliminary figure of 407,060 single-family homes closed escrow in
California, up 6.4 percent from a revised 382,720 in 2014.
http://www.car.org/newsstand/newsreleases/2016releases/december2015sales?view=Standard
Please contact me today to schedule a free listing CMA or a buyer pre-purchase evaluation. And remember, when selecting a
realtor it doesnt cost you more to work with the best.

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

Nov 2015
16
1,650,000
37
36
44.4%
2.0

Dec 2015

Monthly Comparison Year-to-Year

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

Dec 2014

Dec 2015

Back to Table of Contents

15
1,570,000
51
30
1.7

20
1,837,500
34
29
69.0%
1.0

20
1,837,500
34
29
1.0

Delta (qty)
4
187,500
-3
-7
24.6%
-1

Delta
5
267,500
-17
-1
-0.7

Delta (%)
25.00%
11.36%
-8.11%
-19.44%
55.41%
-50.00%

Increase

Decrease

Delta
33.33%
17.04%
-33.33%
-3.33%
-41.18%

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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