Posts Tagged ‘housing market’

Torrance Real Estate Market Update September 2014

Wednesday, 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.

Redondo Beach Real Estate Market Update September 2014

Wednesday, October 8th, 2014

Overall, Redondo Beach real estate sales activity was about the same in September as compared to last month with a total of 71 closed escrows.

09-2014   RB sales  M-to-M

Subsequently the monthly market median sales price remained strong in September at $780K.

09-2014   RB median sales price  M-to-M

Therefore, considering the aforementioned, it is no surprise the sales/listing ratio held fairly steady in the mid 40% range.

09-2014   RB sales-listings ratio  M-to-M

Last, the year-over-year months of inventory analysis reveals a slight bump in 2014 to 2.2 months versus the 2.0 reported in 2013 by the MLS.

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

Manhattan Beach Real Estate Market Update September 2014

Wednesday, October 8th, 2014

During the month of September real estate activity in Manhattan Beach slowed a bit with 12 less sales reported compared to the previous month.

09-2014   MB  sales  M-to-M

Although the monthly market median sales price remained strong, this figure also trended downward by $190K.

09-2014   MB  median sales price M-to-M

Also trending slightly off pace was the sales/listing ratio, which dropped to 36%.

09-2014   MB  sales-listings ratio  M-to-M

Finally, the year-over-year months of inventory increased by about 29% from 2.2 months in 2013 to 2.8 months in 2014.

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

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

Hermosa Beach Real Estate Market Update September 2014

Wednesday, October 8th, 2014

Real estate sales activity in Hermosa Beach increased slightly compared to last month with a total of 19 closed escrows posting to the MLS database.

09-2014   HB  sales  M-to-M

However, the month-to-month median market sales price dropped by a margin of 30.6%.  Though, to be fair, a year-to-year analysis reveals the market median sales price for September has actually increased by $30K.

09-2014   HB  median sales price  M-to-M

Also trending in a positive direction was the sales/listing ratio, which increased 8.74% from last month to 51.4%.

09-2014   HB  sales-listings ratio

Last, the year-over-year months of inventory stat reveals that on average there is less available properties on the market for sale in September 2014 compared to 2013.

Torrance Real Estate Market Update August 2014

Tuesday, September 9th, 2014

Nearing the triple digit mark, the Torrance real estate market posted a respectable 98 sales in August.

08-2014   Torrance  sales  M-to-M

As expected, the market median sales price remained strong with a $661K figure recorded for the month.

08-2014   Torrance  median sales M-to-M

Trending about average with last month the sales/listing ratio for August was 48%.

08-2014   Torrance  sales listing ratio  M-to-M

Finally, an inventory comparison for August 2013 to 2014 shows a fairly steady 2.2-2.1 months of property supply.

07-2014   MB  months of inventory Y-to-Y

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