View
216
Download
0
Embed Size (px)
Citation preview
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
1/15
Hermosa BeachResidential Real Estate
Market Conditions April 2016
http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
2/15
Table ofContents
Key Statistics for April
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
Listings2016 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
http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
3/15
Key Statistics for April
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Mar 2016 Apr 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 16 18 2 12.50%
Median Sales Price 1,265,000 1,520,000 255,000 20.16%
Median Days to Sell 19 39 20 105.26%
Listings 51 71 20 39.22%
Sales/Listing Ratio 31.4% 25.4% -6.0% -19.11%
Months of Inventory 3.0 4.0 1 33.33%
Monthly Comparison Year-to-Year Apr 2015 Apr 2016 Delta Delta Increase Decrease
Total Sales 30 18 -12 -40.00%
Median Sales Price 1,404,500 1,520,000 115,500 8.22%Median Days to Sell 33 39 6 18.18%
Listings 56 71 15 26.79%
Months of Inventory 2.0 4.0 2 100.00%
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
4/15
Back to Table of Contents
Total Sales Month-to-Month by Map Area Feb Mar Apr
Hermosa Bch Sand 11 8 6
Hermosa Bch Valley 4 5 6
Hermosa Bch East 3 3 6
Total Sales 18 16 18
-
2
4
6
8
10
12
14
16
18
Feb Mar Apr
2016 Total Sales Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch EastTotal Sales
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
5/15
Back to Table of Contents
Total Sales Year-to-Year by Map Area 2014 2015 2016
Hermosa Bch Sand 21 14 6
Hermosa Bch Valley 5 7 6
Hermosa Bch East 5 9 6
Total Sales 31 30 18
-
5
10
15
20
25
30
35
2014 2015 2016
Total Sales Year-to-Year by Map Area: April
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch EastTotal Sales
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
6/15
Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Feb Mar Apr
Hermosa Bch Sand 1,449,000 1,545,000 2,317,500
Hermosa Bch Valley 1,043,750 659,000 1,420,000
Hermosa Bch East 1,225,000 1,320,000 1,432,500
Market Median Sales Price 1,428,750 1,265,000 1,520,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
Feb Mar Apr
2016 Median Sales Price Month-to-Month by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch EastMarket Median Sales Price
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
7/15Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2014 2015 2016
Hermosa Bch Sand 1,565,000 2,515,000 2,317,500
Hermosa Bch Valley 1,170,000 925,000 1,420,000
Hermosa Bch East 1,390,000 949,000 1,432,500
Market Median Sales Price 1,495,000 1,404,500 1,520,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
2014 2015 2016
Median Sales Price Year-to-Year by Map Area: April
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Market Median Sales Price
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
8/15Back 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 21 24 24 36
Hermosa Bch Valley 11 9 8 10
Hermosa Bch East 6 11 19 25
Total Active Listings 38 44 51 71
-
5
10
15
20
25
30
35
40
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Active Listings by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
9/15Back 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 21 24 24 36
Hermosa Bch Valley 11 9 8 10
Hermosa Bch East 6 11 19 25
Total Active Listings 38 44 51 71
Total Sales 10 18 16 18
Sales/Listings Ratio 26.3% 40.9% 31.4% 25.4%
-
10
20
30
40
50
60
70
80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
10/15Back to Table of Contents
Active Listings Year-to-Year by Map Area 2014 2015 2016
Hermosa Bch Sand 24 29 36
Hermosa Bch Valley 11 11 10
Hermosa Bch East 17 16 25
Total Active Listings 52 56 71
-
10
20
30
40
50
60
70
80
2014 2015 2016
Active Listings Year-to-Year by Map Area: April
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
Total Active Listings
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
11/15Back 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 3.0 2.0 3.0 6.0
Hermosa Bch Valley 6.0 2.0 2.0 2.0
Hermosa Bch East 6.0 4.0 6.0 4.0
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Months of Inventory by Map Area
Hermosa Bch Sand
Hermosa Bch Valley
Hermosa Bch East
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
12/15Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 3.0 3.0 5.0 2.0 3.0 3.0 3.0 2.0 2.0 3.0 4.0 2.0
2015 2.0 5.0 2.0 2.0 4.0 3.0 4.0 3.0 3.0 3.0 2.0 2.0
2016 4.0 2.0 3.0 4.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2014
2015
2016
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
13/15
SummaryHermosa Beach real estate activity picked up in April with total sales increasing 12.5%, median sales price improving 20.16% or
$255K, and net listings climbing 39.22% relative to March. Stats proving less favorable, however, included median days to sell
(+105.26%) and the sales-listing ratio (-19.11%). Evaluation of the year-over-year months of inventory data point shows a 100%
increase from April 2015 to April 2016.
In the news… According to C.A.R., “statewide median home price climbs, breaking $500,000 for first time in nine years.”
http://www.car.org/newsstand/newsreleases/2016releases/April2016sales?view=Standard
For listing or buying questions or representation, or further information on market trending behavior, please feel free to contactme anytime. I look forward to hearing from you!
Back to Table of Contents
Month-to-Month Comparison Mar 2016 Apr 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 16 18 2 12.50%
Median Sales Price 1,265,000 1,520,000 255,000 20.16%
Median Days to Sell 19 39 20 105.26%
Listings 51 71 20 39.22%
Sales/Listing Ratio 31.4% 25.4% -6.0% -19.11%
Months of Inventory 3.0 4.0 1 33.33%
Monthly Comparison Year-to-Year Apr 2015 Apr 2016 Delta Delta Increase Decrease
Total Sales 30 18 -12 -40.00%
Median Sales Price 1,404,500 1,520,000 115,500 8.22%
Median Days to Sell 33 39 6 18.18%
Listings 56 71 15 26.79%
Months of Inventory 2.0 4.0 2 100.00%
http://www.car.org/newsstand/newsreleases/2016releases/April2016saleshttp://www.car.org/newsstand/newsreleases/2016releases/April2016saleshttp://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
14/15
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
Back to Table of Contents
http://hadychahine.com/http://hadychahine.com/
8/16/2019 Hermosa Beach Real Estate Market Conditions - April 2016
15/15
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
• [email protected]• 310-404-5361
Back to Table of Contents
Listings MLS BLOGWebsite
http://hadychahine.com/featured-listings/http://hadychahine.com/property-city/hermosa-beach-area/http://hadychahine.com/news/http://hadychahine.com/http://hadychahine.com/news/http://hadychahine.com/property-city/hermosa-beach-area/http://hadychahine.com/featured-listings/http://hadychahine.com/http://hadychahine.com/