Torrance Real Estate Market Update June 2015

July 21st, 2015

For June, the Torrance real estate market produced 106 closed escrows.

06-2015   Torrance  sales M-to-M

Relative to May, however, the median sale price dropped a marginal 6.7%.

06-2015   Torrance  median sales M-to-M

With total listings holding constant it is no surprise the sales/listing ratio computed a strong 62+%.

06-2015   Torrance  sales listing ratio  M-to-M

Finally, the year-over-year months of inventory stat shows a 33.3% drop from June 2014 to June 2015.

06-2015   Torrance  months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update June 2015

July 21st, 2015

Redondo Beach real estate market recorded 90 sales in June, which represents a 1.1% improvement compared to May.

06-2015   RB sales  M-to-M

Also trending positive was the sales/listing ratio, which climbed 1.6% or $13.5K.

06-2015   RB median sales price  M-to-M

The good news continues with the sales/listing ratio, which increased 17.5% relative to May.

06-2015   RB sales-listings ratio  M-to-M

Finally, the year-over-year months of inventory dropped slightly in June 2015 by 4.8%.

06-2015   RB months of inventory  Y-to-Y

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

Manhattan Beach Real Estate Market Update June 2015

July 21st, 2015

Real estate sales for the Manhattan Beach market in June totaled 35, which closely mirrors May’s accounting.

06-2015   MB  sales  M-to-M

Exceeding expectations, however, was the market median sales price which increased by $62.5K.

06-2015   MB  median sales price M-to-M

Although the sales/listing ratio dropped 11.4%, total listings did climb 9.8%.

06-2015   MB  sales-listings ratio  M-to-M

Last, the year-over-year months of inventory stat climb 50% from 2.0 in June 2014 to 3.0 in June 2015.

06-2015   MB  months of inventory Y-to-Y

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

Hermosa Beach Real Estate Market Update June 2015

July 21st, 2015

June was a busy month for real estate activity in Hermosa Beach as total sales increased 40% relative to May.

06-2015   HB  sales  M-to-M

Despite the aforementioned, however, the median sales priced dropped 15.25% month-over-month.

06-2015   HB  median sales price  M-to-M

Nevertheless, the sales/listing ratio climbed 48.96% during the same period of time.

06-2015   HB  sales-listings ratio

Last, the year-over-year months of inventory data point reveals a 20% decline in June 2015 compared to June 2014.

06-2015   HB months of inventory  Y-to-Y

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

Torrance Real Estate Market Update May 2015

June 16th, 2015

Torrance residential real estate activity held strong in May with 107 closed transactions.

05-2015   Torrance  sales M-to-M

The market median sales price also improved by 0.3% or $2K.

05-2015   Torrance  median sales M-to-M

The news get even better with the sales/listing ratio, which climbed 6.7% from 59.3% in April to close out May at 63.3%.

05-2015   Torrance  sales listing ratio  M-to-M

Last, the year-over-year months of inventory data point dropped 23.8% from 2.1 reported in May 2014 to 1.6 recorded in May 2015.

05-2015   Torrance  months of inventory  Y-to-Y

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