Torrance Real Estate Market Update October 2014

November 11th, 2014

The MLS reported 91 closed escrows for the Torrance real estate market in October, an increase of 16 sales compared to September.

10-2014   Torrance  sales  M-to-M

The market median sales price also improved by $12K from a month-over-month perspective.

10-2014   Torrance  median sales M-to-M

Also trending positive was the sales/listing ratio which rose from 37.1% in September to 45.7% in October, a delta of 23+%.

10-2014   Torrance  sales listing ratio  M-to-M

Finally, the year-over-year months of inventory stat held relatively steady with 2.3 reported for October 2013 compared to 2.2 for October 2014.

10-2014   Torrance  months of inventory  Y-to-Y

To get the complete Torrance market report for October please contact Hady at or click here to submit a request.

Redondo Beach Real Estate Market Update October 2014

November 11th, 2014

Real estate activity for the Redondo Beach market was very active in October with a total of 79 closed escrows.

10-2014   RB sales  M-to-M

Another encouraging stat was the market median sales price, which increased $30K.

10-2014   RB median sales price  M-to-M

Also trending positive was the sales/listing ratio, which rose from 44.7% in September to 54.5% in October.

10-2014   RB sales-listings ratio  M-to-M

Finally, according to the MLS, the year-over-year months of inventory dropped about 20% from October 2013 to 2014.

10-2014   RB months of inventory  Y-to-Y

To get the complete Redondo Beach market report for October please contact Hady at  or click here to submit a request.

Manhattan Beach Real Estate Market Update October 2014

November 11th, 2014

Manhattan Beach real estate market was considerably active in October with 40 sales recorded.

10-2014   MB  median sales price M-to-M

Moving in the same direction was the market median sales price, which increased $397.5K or by more than 23%.

10-2014   MB  median sales price M-to-M

This positive trending pattern continued with the sales/listing ratio, which rose to 51.9% in October from 36% the month previous.

10-2014   MB  sales-listings ratio  M-to-M

Last, the year-over-year months of inventory held relatively stable with 2.0 reported in 2013 compared to 1.9 in 2014.

10-2014   MB  months of inventory Y-to-Y

To get the complete Manhattan Beach market report for October please contact Hady at or click here to submit a request.

Hermosa Beach Real Estate Market Update October 2014

November 11th, 2014

According to MLS, the Hermosa Beach real estate market reported 16 successfully closed escrows for the month of October.

10-2014   HB  sales  M-to-M

Of particular interest is the $172.5K monthly increase in the market median sales price.

10-2014   HB  median sales price  M-to-M

Unfortunately there was a negative trending pattern in the sales/listing ratio despite the previous talking point, which dropped by more than 44% month-over-month.

10-2014   HB  sales-listings ratio

Also trending slightly off pace was the year-over-year months of inventory stat, which rose by about 21% from 2.3 in October 2013 to 2.8 for October 2014.

10-2014   HB months of inventory  Y-to-Y

Torrance Real Estate Market Update September 2014

October 8th, 2014

The Torrance real estate market trended slightly off pace in September when compared to August with 23 less sales recorded.

09-2014   Torrance  sales  M-to-M

Despite this news, however, the market median sales price remained strong at $616k.

09-2014   Torrance  median sales M-to-M

Though, as one might expect, the sales/listing ratio dropped from 48% in August to 37.1% in September.

09-2014   Torrance  sales listing ratio  M-to-M

Last, another data point that trended slightly off pace was the year-over-year months of inventory which increased to 2.7 in 2014 compared to 2.0 in 2013.

09-2014   Torrance  months of inventory  Y-to-Y

To get the complete Torrance market report for September please contact Hady at or click here to submit a request.