Hermosa Beach

Residential Real Estate

Market Conditions
July 2017
 Key Statistics for July
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 July
Month-to-Month Comparison June 2017 July 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 26 17 -9 -34.62%
Median Sales Price 1,717,500 2,025,000 307,500 17.90%
Median Days to Sell 14 17 3 21.43%
Listings 62 59 -3 -4.84%
Sales/Listing Ratio 41.9% 28.8% -13.1% -31.26%
Months of Inventory 2.0 3.0 1 50.00%
Monthly Comparison Year-to-Year July 2016 July 2017 Delta Delta Increase Decrease
Total Sales 23 17 -6 -26.09%
Median Sales Price 1,410,000 2,025,000 615,000 43.62%
Median Days to Sell 45 17 -28 -62.22%
Listings 72 59 -13 -18.06%
Months of Inventory 3.0 3.0 0 0.00%

= trending positive = trending positive

= trending negative = trending negative

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 Total Sales Month-to-Month by Map Area May Jun Jul
Hermosa Bch Sand 15 11 7
Hermosa Bch Valley 3 7 4
Hermosa Bch East 4 8 6
Total Sales 22 26 17

2017 Total Sales Month-to-Month by Map Area

30

25

20

Hermosa Bch Sand

15 Hermosa Bch Valley
Hermosa Bch East
Total Sales
10

-
May Jun Jul

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 Total Sales Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 8 10 7
Hermosa Bch Valley - 5 4
Hermosa Bch East 6 8 6
Total Sales 14 23 17

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

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 May Jun Jul
Hermosa Bch Sand 1,965,000 1,890,000 1,894,000
Hermosa Bch Valley 1,552,000 1,125,000 2,582,500
Hermosa Bch East 1,690,750 1,667,000 1,805,000
Market Median Sales Price 1,737,500 1,717,500 2,025,000

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

3,000,000

2,500,000

2,000,000

Hermosa Bch Sand

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

500,000

-
May Jun Jul

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 Median Sales Price Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 1,461,000 1,765,500 1,894,000
Hermosa Bch Valley - 1,410,000 2,582,500
Hermosa Bch East 1,763,750 1,212,500 1,805,000
Market Median Sales Price 1,580,500 1,410,000 2,025,000

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

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
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 36 30 36 32
Hermosa Bch Valley 15 8 13 12 9 6 8
Hermosa Bch East 11 13 12 12 16 20 19
Total Active Listings 59 43 51 60 55 62 59

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 2017 Total Active Listings vs. Total Sales

70

60

50

40

30
Total Active Listings
Total Sales 20

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 36 32
Hermosa Bch Valley 15 8 13 12 9 6 8
Hermosa Bch East 11 13 12 12 16 20 19
Total Active Listings 59 43 51 60 55 62 59
Total Sales 14 9 13 17 22 26 17
Sales/Listings Ratio 23.7% 20.9% 25.5% 28.3% 40.0% 41.9% 28.8%

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 Active Listings Year-to-Year by Map Area 2015 2016 2017
Hermosa Bch Sand 39 45 32
Hermosa Bch Valley 13 11 8
Hermosa Bch East 8 16 19
Total Active Listings 60 72 59

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

80

70

60

50

Hermosa Bch Sand

40
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

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 3.0 5.0
Hermosa Bch Valley 3.0 8.0 - 2.0 3.0 1.0 2.0
Hermosa Bch East 3.0 3.0 4.0 3.0 4.0 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

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 3.0 2.0 3.0

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 Summary
Real estate investment in Hermosa Beach properties during July produced a 17.9% improvement in the median sales price - a
positive adjustment of $307.5K. However, total sales dropped 34.62% while median days to sell increased 21.43%, net listings fell
4.84%, and the sales-listing ratio decreased 31.26%. Year-over-year months of inventory metric held constant at 3.0.

In June, C.A.R. reported With active listings 13.5 percent lower than last June, weve now experienced a full two years in
which active listings have fallen on a year-over-year basis and the lowest inventory level this year. Would-be sellers arent
listing their homes as many of them would also face an inventory challenge if they were to turn around and buy another
property. http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/june2017sales

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 June 2017 July 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 26 17 -9 -34.62%
Median Sales Price 1,717,500 2,025,000 307,500 17.90%
Median Days to Sell 14 17 3 21.43%
Listings 62 59 -3 -4.84%
Sales/Listing Ratio 41.9% 28.8% -13.1% -31.26%
Months of Inventory 2.0 3.0 1 50.00%
Monthly Comparison Year-to-Year July 2016 July 2017 Delta Delta Increase Decrease
Total Sales 23 17 -6 -26.09%
Median Sales Price 1,410,000 2,025,000 615,000 43.62%
Median Days to Sell 45 17 -28 -62.22%
Listings 72 59 -13 -18.06%
Months of Inventory 3.0 3.0 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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