Hermosa Beach

Residential Real Estate

Market Conditions
March 2017
 Key Statistics for March
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 March
Month-to-Month Comparison Feb 2017 Mar 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 9 13 4 44.44%
Median Sales Price 1,080,000 1,550,000 470,000 43.52%
Median Days to Sell 15 51 36 240.00%
Listings 43 51 8 18.60%
Sales/Listing Ratio 20.9% 25.5% 4.6% 22.01%
Months of Inventory 5.0 4.0 -1 -20.00%
Monthly Comparison Year-to-Year Mar 2016 Mar 2017 Delta Delta Increase Decrease
Total Sales 16 13 -3 -18.75%
Median Sales Price 1,265,000 1,550,000 285,000 22.53%
Median Days to Sell 19 51 32 168.42%
Listings 48 51 3 6.25%
Months of Inventory 3.0 4.0 1 33.33%

= 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 10
Hermosa Bch Valley 6 1 -
Hermosa Bch East 4 5 3
Total Sales 14 9 13

2017 Total Sales Month-to-Month by Map Area

14

12

10

8 Hermosa Bch Sand

Hermosa Bch Valley
6 Hermosa Bch East
Total Sales

-
Jan Feb Mar

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 Total Sales Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 10 8 10
Hermosa Bch Valley 4 5 -
Hermosa Bch East 6 3 3
Total Sales 20 16 13

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

20

18

16

14

12

10 Hermosa Bch Sand

Hermosa Bch Valley
8
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 2,191,150
Hermosa Bch Valley 961,000 550,000 -
Hermosa Bch East 1,520,000 1,080,000 1,235,000
Market Median Sales Price 1,402,500 1,080,000 1,550,000

2017 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 Feb Mar

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 Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 3,150,000 1,545,000 2,191,150
Hermosa Bch Valley 941,625 659,000 -
Hermosa Bch East 1,075,000 1,320,000 1,235,000
Market Median Sales Price 1,310,000 1,265,000 1,550,000

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

3,500,000

3,000,000

2,500,000

2,000,000
Hermosa Bch Sand
Hermosa Bch Valley
1,500,000
Hermosa Bch East
Market Median Sales Price
1,000,000

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
5

-
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 26
Hermosa Bch Valley 15 8 13
Hermosa Bch East 11 13 12
Total Active Listings 59 43 51

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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 26
Hermosa Bch Valley 15 8 13
Hermosa Bch East 11 13 12
Total Active Listings 59 43 51
Total Sales 14 9 13
Sales/Listings Ratio 23.7% 20.9% 25.5%

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 Active Listings Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 19 24 26
Hermosa Bch Valley 7 6 13
Hermosa Bch East 8 18 12
Total Active Listings 34 48 51

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

60

50

40

Hermosa Bch Sand

30
Hermosa Bch Valley
Hermosa Bch East
20 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

Hermosa Bch Sand 3.0

Hermosa Bch Valley
2.0
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 3.0
Hermosa Bch Valley 3.0 8.0 -
Hermosa Bch East 3.0 3.0 4.0

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 Months of Inventory Year-to-Year

5.0

4.5

4.0

3.5

3.0

2.5

2.0

2015 1.5
2016
2017 1.0

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 4.0

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 Summary
Compared to February stats, Hermosa Beach real estate activity picked up in March as total sales spiked 44.44%, median sales
price increased 43.52%, net listings improved 18.6%, and the sales-listing ratio bumped 22.01%. The median days to sell metric
corrected 240% up. Year-over-year months of inventory increased 33.33% from March 2016 to 2017.

In February, C.A.R. reported despite the back-to-back monthly price decline, Februarys median price still registered a 7.6
percent increase from the revised $444,780 recorded a year ago.
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/feb2017sales?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 Feb 2017 Mar 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 9 13 4 44.44%
Median Sales Price 1,080,000 1,550,000 470,000 43.52%
Median Days to Sell 15 51 36 240.00%
Listings 43 51 8 18.60%
Sales/Listing Ratio 20.9% 25.5% 4.6% 22.01%
Months of Inventory 5.0 4.0 -1 -20.00%
Monthly Comparison Year-to-Year Mar 2016 Mar 2017 Delta Delta Increase Decrease
Total Sales 16 13 -3 -18.75%
Median Sales Price 1,265,000 1,550,000 285,000 22.53%
Median Days to Sell 19 51 32 168.42%
Listings 48 51 3 6.25%
Months of Inventory 3.0 4.0 1 33.33%

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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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