Hermosa Beach

Residential Real Estate

Market Conditions
February 2017
 Key Statistics for February
Sales
2017 Residential Sales Stats
Year-to-Year Total Sales by Map Area

Median
2017 Median Sales Stats
Year-to-Year Median Sales by Map Area

Table of Listings
2017 Active Listings by Map Area
2017 Total Active Listings vs. Total Sales

Contents Year-to-Year Active Listings by Map Area

Inventory
2017 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 Jan 2017 Feb 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 14 9 -5 -35.71%
Median Sales Price 1,402,500 1,080,000 (322,500) -22.99%
Median Days to Sell 18 15 -3 -16.67%
Listings 59 43 -16 -27.12%
Sales/Listing Ratio 23.7% 20.9% -2.8% -11.81%
Months of Inventory 4.0 5.0 1 25.00%
Monthly Comparison Year-to-Year Feb 2016 Feb 2017 Delta Delta Increase Decrease
Total Sales 18 9 -9 -50.00%
Median Sales Price 1,428,750 1,080,000 (348,750) -24.41%
Median Days to Sell 30 15 -15 -50.00%
Listings 40 43 3 7.50%
Months of Inventory 2.0 5.0 3 150.00%

= trending positive = trending positive

= trending negative = trending negative

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 Total Sales Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 4 3
Hermosa Bch Valley 6 1
Hermosa Bch East 4 5
Total Sales 14 9

2017 Total Sales Month-to-Month by Map Area

14

12

10

8
Hermosa Bch Sand
6 Hermosa Bch Valley
Hermosa Bch East
Total Sales
4

-
Jan Feb Mar

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 Total Sales Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 4 11 3
Hermosa Bch Valley 2 4 1
Hermosa Bch East 3 3 5
Total Sales 9 18 9

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

18

16

14

12

10
Hermosa Bch Sand
8 Hermosa Bch Valley
Hermosa Bch East
6 Total Sales

-
2015 2016 2017

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 Median Sales Price Month-to-Month by Map Area Jan Feb Mar
Hermosa Bch Sand 1,342,500 1,215,000
Hermosa Bch Valley 961,000 550,000
Hermosa Bch East 1,520,000 1,080,000
Market Median Sales Price 1,402,500 1,080,000

2017 Median Sales Price Month-to-Month by Map Area

1,600,000

1,400,000

1,200,000

1,000,000

800,000 Hermosa Bch Sand

Hermosa Bch Valley
600,000 Hermosa Bch East
Market Median Sales Price
400,000

200,000

-
Jan Feb Mar

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 Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 2,274,500 1,449,000 1,215,000
Hermosa Bch Valley 1,182,000 1,043,750 550,000
Hermosa Bch East 1,185,000 1,225,000 1,080,000
Market Median Sales Price 1,450,000 1,428,750 1,080,000

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

-
2015 2016 2017

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 2017 Active Listings by Map Area

35

30

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley 10
Hermosa Bch East

-
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 33 22
Hermosa Bch Valley 15 8
Hermosa Bch East 11 13
Total Active Listings 59 43

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 2017 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 33 22
Hermosa Bch Valley 15 8
Hermosa Bch East 11 13
Total Active Listings 59 43
Total Sales 14 9
Sales/Listings Ratio 23.7% 20.9%

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 Active Listings Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 18 23 22
Hermosa Bch Valley 7 9 8
Hermosa Bch East 5 8 13
Total Active Listings 30 40 43

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

45

40

35

30

25

20 Hermosa Bch Sand

Hermosa Bch Valley
15 Hermosa Bch East
Total Active Listings
10

-
2015 2016 2017

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 2017 Months of Inventory by Map Area

8.0

7.0

6.0

5.0

4.0

3.0
Hermosa Bch Sand
2.0
Hermosa Bch Valley
Hermosa Bch East
1.0

-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hermosa Bch Sand 8.0 7.0
Hermosa Bch Valley 3.0 8.0
Hermosa Bch East 3.0 3.0

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 Months of Inventory Year-to-Year

5.0

4.5

4.0

3.5

3.0

2.5

2.0

1.5
2015
2016
1.0
2017
0.5

-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
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 4.0 3.0 3.0 3.0 4.0 3.0 4.0 5.0
2017 4.0 5.0

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 Summary
Real estate investment in Hermosa Beach residential properties in February produced 9 closed escrows and a 16.67% decrease in
the median days to sell. During this time, however, the median sales price dropped 22.99%, net listings fell 27.12% and the sales-
listing ratio contracted 11.81%. Year-over-year months of inventory increased 150% from February 2016 to 2017.

In February, C.A.R. reported Existing, single-family home sales totaled 420,100 in January on a seasonally adjusted
annualized rate, up 2.1 percent from December and 4.4 percent from January 2016.
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/jan2017sales?view=Standard

For listing or buying questions or representation, or further information on market trending behavior, please feel free to contact
me anytime. I look forward to hearing from you!

Month-to-Month Comparison Jan 2017 Feb 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 14 9 -5 -35.71%
Median Sales Price 1,402,500 1,080,000 (322,500) -22.99%
Median Days to Sell 18 15 -3 -16.67%
Listings 59 43 -16 -27.12%
Sales/Listing Ratio 23.7% 20.9% -2.8% -11.81%
Months of Inventory 4.0 5.0 1 25.00%
Monthly Comparison Year-to-Year Feb 2016 Feb 2017 Delta Delta Increase Decrease
Total Sales 18 9 -9 -50.00%
Median Sales Price 1,428,750 1,080,000 (348,750) -24.41%
Median Days to Sell 30 15 -15 -50.00%
Listings 40 43 3 7.50%
Months of Inventory 2.0 5.0 3 150.00%

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 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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