Hermosa Beach

Residential Real Estate

Market Conditions
May 2017
 Key Statistics for May
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 May
Month-to-Month Comparison Apr 2017 May 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 17 22 5 29.41%
Median Sales Price 1,400,000 1,737,500 337,500 24.11%
Median Days to Sell 25 26 1 4.00%
Listings 60 55 -5 -8.33%
Sales/Listing Ratio 28.3% 40.0% 11.7% 41.34%
Months of Inventory 4.0 3.0 -1 -25.00%
Monthly Comparison Year-to-Year May 2016 May 2017 Delta Delta Increase Decrease
Total Sales 18 22 4 22.22%
Median Sales Price 1,317,000 1,737,500 420,500 31.93%
Median Days to Sell 51 26 -25 -49.02%
Listings 59 55 -4 -6.78%
Months of Inventory 4.0 3.0 -1 -25.00%

= trending positive = trending positive

= trending negative = trending negative

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 Total Sales Month-to-Month by Map Area Mar Apr May
Hermosa Bch Sand 10 5 15
Hermosa Bch Valley - 8 3
Hermosa Bch East 3 4 4
Total Sales 13 17 22

2017 Total Sales Month-to-Month by Map Area

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley
10 Hermosa Bch East
Total Sales

-
Mar Apr May

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 Total Sales Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 7 8 15
Hermosa Bch Valley 2 2 3
Hermosa Bch East 6 8 4
Total Sales 15 18 22

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

25

20

15
Hermosa Bch Sand
Hermosa Bch Valley
10 Hermosa Bch East
Total Sales

-
2015 2016 2017

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 Median Sales Price Month-to-Month by Map Area Mar Apr May
Hermosa Bch Sand 2,191,150 1,201,000 1,965,000
Hermosa Bch Valley - 1,545,000 1,552,000
Hermosa Bch East 1,235,000 1,475,000 1,690,750
Market Median Sales Price 1,550,000 1,400,000 1,737,500

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

-
Mar Apr May

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 Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 2,200,000 2,272,500 1,965,000
Hermosa Bch Valley 1,462,500 666,750 1,552,000
Hermosa Bch East 1,324,500 1,242,500 1,690,750
Market Median Sales Price 1,475,000 1,317,000 1,737,500

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

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

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 30
Hermosa Bch Valley 15 8 13 12 9
Hermosa Bch East 11 13 12 12 16
Total Active Listings 59 43 51 60 55

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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 30
Hermosa Bch Valley 15 8 13 12 9
Hermosa Bch East 11 13 12 12 16
Total Active Listings 59 43 51 60 55
Total Sales 14 9 13 17 22
Sales/Listings Ratio 23.7% 20.9% 25.5% 28.3% 40.0%

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 Active Listings Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 35 36 30
Hermosa Bch Valley 11 10 9
Hermosa Bch East 7 13 16
Total Active Listings 53 59 55

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

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 7.0 2.0
Hermosa Bch Valley 3.0 8.0 - 2.0 3.0
Hermosa Bch East 3.0 3.0 4.0 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
2016 1.5
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 4.0 3.0

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 Summary
Hermosa Beach real estate activity picked up in May as total sales improved 29.41%, the median sales price increased 24.11%,
the sales-listing ratio climbed 41.34%, and the median days to sell dropped 4%. Net listings decreased by a marginal 8.33%.
Year-over-year months of inventory data point declined 25% from May 2016 to 2017.

In May, C.A.R. reported Following a strong first quarter start, California home sales lost momentum in April, while the
median home price accelerated to a near-10-year high.
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/apr2017sales

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 Apr 2017 May 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 17 22 5 29.41%
Median Sales Price 1,400,000 1,737,500 337,500 24.11%
Median Days to Sell 25 26 1 4.00%
Listings 60 55 -5 -8.33%
Sales/Listing Ratio 28.3% 40.0% 11.7% 41.34%
Months of Inventory 4.0 3.0 -1 -25.00%
Monthly Comparison Year-to-Year May 2016 May 2017 Delta Delta Increase Decrease
Total Sales 18 22 4 22.22%
Median Sales Price 1,317,000 1,737,500 420,500 31.93%
Median Days to Sell 51 26 -25 -49.02%
Listings 59 55 -4 -6.78%
Months of Inventory 4.0 3.0 -1 -25.00%

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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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