Posts Tagged ‘housing market’

Torrance Real Estate Market Update December 2014

Tuesday, January 13th, 2015

With 76 closed escrows for December the Torrance real estate market proved historical holiday trending behavior incorrect – sellers and buyers were very busy!

12-2014   Torrance  sales  M-to-M

Also reassuring was the 4th quarter stats for the market median sales price, which continues to hold steady in the low $600K’s.

12-2014   Torrance  median sales M-to-M

Another positive data point is the sales/listing ratio, which increased from 43.5% in November to 54.7% for December.

12-2014   Torrance  sales listing ratio  M-to-M

Finally, the months of inventory year-over-year analysis reveals a relatively healthy seller/buyer relationship.

12-2014   Torrance  months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update December 2014

Tuesday, January 13th, 2015

The Redondo Beach real estate market produced 70 closed escrows for December 2014.  – Impressive!

12-2014   RB sales  M-to-M

Also holding strong was the market median sales price, which dropped a few thousand to end at $767.5K as compared to November’s $785.K.

12-2014   RB median sales price  M-to-MMost remarkable, however, is the sales/listing ratio which climbed to 82.4% to close out December.

12-2014   RB sales-listings ratio  M-to-M

Last, year-over-year the months of inventory dropped indicating the market needs more property owners contemplating selling to get off the fence and list their home today!

12-2014   RB months of inventory  Y-to-Y

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

Manhattan Beach Real Estate Market Update December 2014

Tuesday, January 13th, 2015

Sales activity for the Manhattan Beach real estate market held strong with 35 net property transfers recorded for December.

12-2014   MB  sales  M-to-M

However, the market median sales price did drop by over $400K month-over-month.

12-2014   MB  median sales price M-to-M

Still, the sales/listing ratio, which improved to 87.5% in December from 64.8% in November, reveals a healthy supply/demand relationship.

12-2014   MB  sales-listings ratio  M-to-M

Finally, the months of inventory from a year-over-year perspective indicates properties continue to move fairly quickly (relatively speaking) once listed.

12-2014   MB  months of inventory Y-to-Y

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

Hermosa Beach Real Estate Market Update December 2014

Tuesday, January 13th, 2015

Hermosa Beach real estate activity picked up pace in December with 15 total closed escrows reported for the holiday month.

12-2014   HB  sales  M-to-M

Also trending positive was the market median sale prices, which grew by more than 9% from $1.437 million to reach $1.57 million.

12-2014   HB  median sales price  M-to-M

To no surprise, given the aforementioned, the sales/listing ratio jumped to 60% from the 26.1% figure reported for November.

12-2014   HB  sales-listings ratio

Last, market inventory dropped to 1.7 indicating fewer sellers despite obvious buyer demand.

12-2014   HB months of inventory  Y-to-Y

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

Torrance Real Estate Market Update November 2014

Friday, 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.