Hermosa Beach

Residential Real Estate

Market Conditions
November 2016

Key Statistics for November

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 November

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

Oct 2016

Monthly Comparison Year-to-Year

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

Nov 2015
16
1,650,000
37
57
2.0

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23
1,975,000
57
69
33.3%
3.0

Nov 2017
Delta (qty)
16
-7
1,449,500
(525,500)
33
-24
62
-7
25.8%
-7.5%
4.0
1

Nov 2015
16
1,449,500
33
62
4.0

Delta
0
(200,500)
-4
5
2

Delta (%)
-30.43%
-26.61%
-42.11%
-10.14%
-22.52%
33.33%

Increase

Decrease

Delta
0.00%
-12.15%
-10.81%
8.77%
100.00%

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

Sep
8
3
9
20

Oct
10
5
8
23

Nov
8
6
2
16

2016 Total Sales Month-to-Month by Map Area

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

10

Total Sales

Sep

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Oct

Nov

Total Sales Year-to-Year by Map Area

Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Sales

2014
6
4
2
12

2015
5
7
4
16

2016
8
6
2
16

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

16
14
12
10
Hermosa Bch Sand

Hermosa Bch Valley

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

Sep
2,349,500
1,700,000
1,347,500
1,745,000

Oct
2,497,063
1,785,000
1,850,000
1,975,000

Nov
1,949,500
1,102,500
1,367,000
1,449,500

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

Sep

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Oct

Nov

Median Sales Price Year-to-Year by Map Area

2014
Hermosa Bch Sand
1,615,500
Hermosa Bch Valley
1,374,500
Hermosa Bch East
946,250
Market Median Sales Price 1,437,000

2015
2,025,000
1,800,000
1,139,000
1,650,000

2016
1,949,500
1,102,500
1,367,000
1,449,500

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

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

50
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
21
11
6
38

Apr

Feb
24
9
11
44

Mar
24
8
19
51

May

Apr
36
10
25
71

Jun

May
35
13
19
67

Jul

Aug

Sep

Jun
40
13
19
72

Jul
48
11
18
77

Aug
41
13
16
70

Oct

Sep
42
17
13
72

Nov

Oct
35
16
18
69

Dec

Nov
33
11
18
62

Dec

2016 Total Active Listings vs. Total Sales

80
70
60
50
40
30
Total Active Listings
Total Sales

20
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
21
24
24
36
35
40
48
41
42
35
33
Hermosa Bch Valley
11
9
8
10
13
13
11
13
17
16
11
Hermosa Bch East
6
11
19
25
19
19
18
16
13
18
18
Total Active Listings
38
44
51
71
67
72
77
70
72
69
62
Total Sales
10
18
16
18
18
22
23
26
20
23
16
Sales/Listings Ratio 26.3% 40.9% 31.4% 25.4% 26.9% 30.6% 29.9% 37.1% 27.8% 33.3% 25.8%
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Active Listings Year-to-Year by Map Area

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

2014
36
16
10
62

2015
32
17
8
57

2016
33
11
18
62

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

70
60
50
40
Hermosa Bch Sand
Hermosa Bch Valley

30

Hermosa Bch East

Total Active Listings

20
10
2014

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2015

2016

2016 Months of Inventory by Map Area

9.0
8.0
7.0
6.0
5.0
4.0
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East

3.0
2.0
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

Jan
3.0
6.0
6.0

Feb
2.0
2.0
4.0

Apr

Mar
3.0
2.0
6.0

May

Apr
6.0
2.0
4.0

Jun

May
4.0
7.0
2.0

Jul

Jun
6.0
3.0
2.0

Aug

Jul
5.0
2.0
2.0

Sep

Aug
3.0
3.0
2.0

Oct

Sep
5.0
6.0
1.0

Nov

Oct
4.0
3.0
2.0

Dec

Nov
4.0
2.0
9.0

Dec

Months of Inventory Year-to-Year

5.0

4.5
4.0
3.5
3.0
2.5
2.0
2014
2015
2016

1.5
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
3.0

Jun

Apr
2.0
2.0
4.0

Jul

May
3.0
4.0
4.0

Aug

Jun
3.0
3.0
3.0

Jul
3.0
4.0
3.0

Sep

Aug
2.0
3.0
3.0

Oct

Sep
2.0
3.0
4.0

Nov

Oct
3.0
3.0
3.0

Dec

Nov
4.0
2.0
4.0

Dec
2.0
2.0

Summary
Hermosa Beach real estate investment slowed in November as total sales plunged 30.43%, median sales price dropped 26.61%,
net listings fell 10.14%, and the sales-listing ratio decreased 22.52%. The median days to sell metric, however, improved 42.11%.
Year-over-year months of inventory data point doubled from November 2015 to 2016.
In November, C.A.R. reported Californias housing market showed signs of cooling competition with fewer price reductions
and properties receiving multiple offers dropping for the seventh straight month.
http://www.car.org/newsstand/newsreleases/2016releases/oct2016pending?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

Oct 2016

Monthly Comparison Year-to-Year

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

Nov 2015
16
1,650,000
37
57
2.0

Back to Table of Contents

23
1,975,000
57
69
33.3%
3.0

Nov 2017
Delta (qty)
16
-7
1,449,500
(525,500)
33
-24
62
-7
25.8%
-7.5%
4.0
1

Nov 2015
16
1,449,500
33
62
4.0

Delta
0
(200,500)
-4
5
2

Delta (%)
-30.43%
-26.61%
-42.11%
-10.14%
-22.52%
33.33%

Increase

Decrease

Delta
0.00%
-12.15%
-10.81%
8.77%
100.00%

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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MLS

BLOG

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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.

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