Hermosa Beach

Residential Real Estate

Market Conditions
April 2017
 Key Statistics for April
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 April
Month-to-Month Comparison Mar 2017 Apr 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 13 17 4 30.77%
Median Sales Price 1,550,000 1,400,000 (150,000) -9.68%
Median Days to Sell 51 25 -26 -50.98%
Listings 51 60 9 17.65%
Sales/Listing Ratio 25.5% 28.3% 2.8% 10.98%
Months of Inventory 4.0 4.0 0 0.00%
Monthly Comparison Year-to-Year Apr 2016 Apr 2017 Delta Delta Increase Decrease
Total Sales 18 17 -1 -5.56%
Median Sales Price 1,520,000 1,400,000 (120,000) -7.89%
Median Days to Sell 39 25 -14 -35.90%
Listings 62 60 -2 -3.23%
Months of Inventory 4.0 4.0 0 0.00%

= trending positive = trending positive

= trending negative = trending negative

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 Total Sales Month-to-Month by Map Area Feb Mar Apr
Hermosa Bch Sand 3 10 5
Hermosa Bch Valley 1 - 8
Hermosa Bch East 5 3 4
Total Sales 9 13 17

2017 Total Sales Month-to-Month by Map Area

18

16

14

12

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

-
Feb Mar Apr

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 Total Sales Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 14 6 5
Hermosa Bch Valley 7 6 8
Hermosa Bch East 9 6 4
Total Sales 30 18 17

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

30

25

20

15 Hermosa Bch Sand

Hermosa Bch Valley
Hermosa Bch East
10 Total Sales

-
2015 2016 2017

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 Median Sales Price Month-to-Month by Map Area Feb Mar Apr
Hermosa Bch Sand 1,215,000 2,191,150 1,201,000
Hermosa Bch Valley 550,000 - 1,545,000
Hermosa Bch East 1,080,000 1,235,000 1,475,000
Market Median Sales Price 1,080,000 1,550,000 1,400,000

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

-
Feb Mar Apr

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 Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 2,515,000 2,317,500 1,201,000
Hermosa Bch Valley 925,000 1,420,000 1,545,000
Hermosa Bch East 949,000 1,432,500 1,475,000
Market Median Sales Price 1,404,500 1,520,000 1,400,000

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

3,000,000

2,500,000

2,000,000

1,500,000 Hermosa Bch Sand

Hermosa Bch Valley
Hermosa Bch East
1,000,000
Market Median Sales Price

500,000

-
2015 2016 2017

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 2017 Active Listings by Map Area

40

35

30

25

20

Hermosa Bch Sand

15
Hermosa Bch Valley
Hermosa Bch East 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 36
Hermosa Bch Valley 15 8 13 12
Hermosa Bch East 11 13 12 12
Total Active Listings 59 43 51 60

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 2017 Total Active Listings vs. Total Sales

60

50

40

30

Total Active Listings 20

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 36
Hermosa Bch Valley 15 8 13 12
Hermosa Bch East 11 13 12 12
Total Active Listings 59 43 51 60
Total Sales 14 9 13 17
Sales/Listings Ratio 23.7% 20.9% 25.5% 28.3%

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 Active Listings Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 26 34 36
Hermosa Bch Valley 10 7 12
Hermosa Bch East 12 21 12
Total Active Listings 48 62 60

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

70

60

50

40
Hermosa Bch Sand
Hermosa Bch Valley
30
Hermosa Bch East
Total Active Listings
20

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
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 7.0
Hermosa Bch Valley 3.0 8.0 - 2.0
Hermosa Bch East 3.0 3.0 4.0 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

2015 1.5
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 4.0 4.0

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 Summary
For the month of April, the Hermosa Beach real estate market experienced a 30.77% increase in total sales, a 17.65% bump in net
listings, a 10.98% improvement in the sales-listing ratio, and a 50.98% drop in the median days to sell. During this period of time
the median sales price dropped 9.68%. Year-over-year months of inventory data point held steady at 4.0 from April 2016 to April
2017.

In March, C.A.R. reported Marchs solid sales performance was likely influenced by the specter of higher interest rates,
which may have pushed buyers off the sidelines and close escrow before rates moved higher.
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/march2017sales?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 Mar 2017 Apr 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 13 17 4 30.77%
Median Sales Price 1,550,000 1,400,000 (150,000) -9.68%
Median Days to Sell 51 25 -26 -50.98%
Listings 51 60 9 17.65%
Sales/Listing Ratio 25.5% 28.3% 2.8% 10.98%
Months of Inventory 4.0 4.0 0 0.00%
Monthly Comparison Year-to-Year Apr 2016 Apr 2017 Delta Delta Increase Decrease
Total Sales 18 17 -1 -5.56%
Median Sales Price 1,520,000 1,400,000 (120,000) -7.89%
Median Days to Sell 39 25 -14 -35.90%
Listings 62 60 -2 -3.23%
Months of Inventory 4.0 4.0 0 0.00%

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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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