Torrance Real Estate Market Update November 2014

December 19th, 2014

The MLS reported a total of 74 closed escrows for the Torrance real estate market in November.

11-2014   Torrance  sales  M-to-M

Trending relatively stable is the market median sales price, which is averaging about $618K for the last few months.

11-2014   Torrance  median sales M-to-M

The sales/listing ratio, however, is slightly off pace with 43.5% reported in November versus 45.7% for October.

11-2014   Torrance  sales listing ratio  M-to-M

Finally, the months of inventory stat shows buyer demand is holding strong.

11-2014   Torrance  months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update November 2014

December 19th, 2014

According to the MLS, a total of 59 residential properties sold in the Redondo Beach market during the month of November.

11-2014   RB sales  M-to-M

Holding relatively stable is the median market sales price, which is averaging about $792K for the last 3 months.

11-2014   RB median sales price  M-to-M

The sales/listing ratio is also relatively constant with minimal fluctuations month-over-month since July.

11-2014   RB sales-listings ratio  M-to-M

Last, the months of inventory analysis reveals a fairly consistent supply of 2014 inventory.

11-2014   RB months of inventory  Y-to-Y

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

Manhattan Beach Real Estate Market Update November 2014

December 19th, 2014

Sales activity for the Manhattan Beach real estate market in November ended positive with 35 recorded transactions.

11-2014   MB  sales  M-to-M

The good news continues with the median market sales price, which increased approximately $93K to $2.2 million compared to October’s figures.

11-2014   MB  median sales price M-to-M

Also trending favorably is the sales/listing ratio, which jumped almost 25% from the month previous to end at 64.8%.

11-2014   MB  sales-listings ratio  M-to-M

Finally, according the MLS, the months of inventory stat reveals buyer demand for residential properties remains strong.

11-2014   MB  months of inventory Y-to-Y

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

Hermosa Beach Real Estate Market Update November 2014

December 19th, 2014

Hermosa Beach real estate sales activity dropped off slightly in November with 12 closed escrows. Holiday influence?

11-2014   HB  sales  M-to-M

Trending in the opposite direction, however, is the market median sales price, which ended the month at $1.437 million.

11-2014   HB  median sales price  M-to-M

Reinforcing sales data previously mentioned is the sales/listing ratio, which is about 50% less than a couple of months ago.  Again, holiday influence?

11-2014   HB  sales-listings ratio

Last, the months of inventory stat is trending upwards, according to the MLS, which again speaks to a probable seasonal influence adversely affecting buyer demand.

11-2014   HB months of inventory  Y-to-Y

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.