Professional Documents
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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
Inventory
2017 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Summary
About Hady Chahine
Contact Information
Key Statistics for August
Month-to-Month Comparison July 2017 Aug 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 80 119 39 48.8%
Median Sales Price 777,500 790,000 12,500 1.61%
Median Days to Sell 10 11 1 10.0%
Listings 154 144 -10 -6.5%
Sales/Listing Ratio 51.9% 82.6% 30.7% 59.2%
Months of Inventory 2.0 1.0 -1.0 -50.0%
Monthly Comparison Year-to-Year Aug 2016 Aug 2017 Delta Delta Increase Decrease
Total Sales 134 119 -15 -11.2%
Median Sales Price 725,000 790,000 65,000 9.0%
Median Days to Sell 34 11 -23 -67.6%
Listings 131 144 13 9.9%
Months of Inventory 1.0 1.0 0 0.0%
140
Central Torrance
120 South East Torrance - West
Hollywood Riviera
100 South Torrance
Southwood
80
West Torrance
60 N Torrance - West
N Torrance - East
40 Old Torrance
South East Torrance - East
20 Total Sales
-
Jun Jul Aug
25
Central Torrance
South East Torrance - West
20
Hollywood Riviera
South Torrance
15
Southwood
West Torrance
10
N Torrance - West
N Torrance - East
5
Old Torrance
South East Torrance - 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
Central Torrance 20 9 12 15 14 15 25 17
South East Torrance - West 5 8 15 16 9 12 13 17
Hollywood Riviera 20 13 18 21 22 22 16 16
South Torrance 6 8 13 6 11 15 21 20
Southwood 6 10 6 5 6 6 8 9
West Torrance 16 9 8 9 6 9 14 9
N Torrance - West 16 9 15 17 18 18 18 23
N Torrance - East 6 3 2 5 3 5 5 11
Old Torrance 13 12 18 21 21 23 19 15
South East Torrance - East 6 6 7 14 11 11 15 7
Total Active Listings 114 87 114 129 121 136 154 144
200
150
100
Total Active Listings
Total Sales 50
-
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
Central Torrance 20 9 12 15 14 15 25 17
South East Torrance - West 5 8 15 16 9 12 13 17
Hollywood Riviera 20 13 18 21 22 22 16 16
South Torrance 6 8 13 6 11 15 21 20
Southwood 6 10 6 5 6 6 8 9
West Torrance 16 9 8 9 6 9 14 9
N Torrance - West 16 9 15 17 18 18 18 23
N Torrance - East 6 3 2 5 3 5 5 11
Old Torrance 13 12 18 21 21 23 19 15
South East Torrance - East 6 6 7 14 11 11 15 7
Total Active Listings 114 87 114 129 121 136 154 144
Total Sales 56 58 78 80 90 138 80 119
Sales/Listings Ratio 49.1% 66.7% 68.4% 62.0% 74.4% 101.5% 51.9% 82.6%
-
2015 2016 2017
14.0
Central Torrance
12.0
South East Torrance - West
Hollywood Riviera 10.0
South Torrance
8.0
Southwood
West Torrance 6.0
N Torrance - West 4.0
N Torrance - East
Old Torrance 2.0
South East Torrance - East -
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
Central Torrance 3.0 1.0 1.0 1.0 1.0 1.0 3.0 1.0
South East Torrance - West 1.0 3.0 3.0 4.0 1.0 1.0 1.0 2.0
Hollywood Riviera 2.0 1.0 2.0 3.0 3.0 1.0 2.0 1.0
South Torrance 1.0 4.0 2.0 1.0 1.0 1.0 5.0 2.0
Southwood 2.0 3.0 1.0 1.0 1.0 1.0 1.0 3.0
West Torrance 4.0 1.0 1.0 1.0 1.0 2.0 2.0 1.0
N Torrance - West 2.0 1.0 2.0 1.0 2.0 1.0 2.0 2.0
N Torrance - East 2.0 1.0 - 2.0 1.0 1.0 1.0 2.0
Old Torrance 4.0 2.0 3.0 2.0 2.0 1.0 2.0 1.0
South East Torrance - East 3.0 3.0 2.0 14.0 2.0 1.0 2.0 1.0
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 4.0 3.0 2.0 2.0 2.0 2.0 2.0 2.0 3.0 3.0 3.0 1.0
2016 3.0 3.0 2.0 2.0 2.0 2.0 2.0 1.0 2.0 2.0 1.0 1.0
2017 2.0 2.0 1.0 2.0 1.0 1.0 2.0 1.0
In July, C.A.R. reported As we enter the second half of the year, we are likely to see some slowdown in sales that extends beyond the typical
seasonality change, said C.A.R. President Geoff McIntosh. While the rate of closed sales indicates that Californias housing market has
continued to move forward, tight supply continued to push up prices and lower affordability, which can ultimately undermine the housing
market by putting homeownership out of reach for too many households."
http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/july2017sales/
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 July 2017 Aug 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 80 119 39 48.8%
Median Sales Price 777,500 790,000 12,500 1.61%
Median Days to Sell 10 11 1 10.0%
Listings 154 144 -10 -6.5%
Sales/Listing Ratio 51.9% 82.6% 30.7% 59.2%
Months of Inventory 2.0 1.0 -1.0 -50.0%
Monthly Comparison Year-to-Year Aug 2016 Aug 2017 Delta Delta Increase Decrease
Total Sales 134 119 -15 -11.2%
Median Sales Price 725,000 790,000 65,000 9.0%
Median Days to Sell 34 11 -23 -67.6%
Listings 131 144 13 9.9%
Months of Inventory 1.0 1.0 0 0.0%
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