Posts Tagged ‘housing market’

Torrance Real Estate Market Update April 2015

Tuesday, May 12th, 2015

April was a super-encouraging month for real estate activity in Torrance with a 32.9% increase in home sales leading the news!

04-2015   Torrance  sales M-to-M

The positive momentum continued with the market median sales price, which jumped $48K to end the month at $668K.

04-2015   Torrance  median sales M-to-M

More positivity?  Okay, how about an 18.6% increase in the sales/listing ratio despite a 12% rise in total listings?

04-2015   Torrance  sales listing ratio  M-to-M

Finally, a look at the year-over-year months of inventory reveals a 15% improvement in favor of home sellers in 2015.

04-2015   Torrance  months of inventory  Y-to-Y

Redondo Beach Real Estate Market Update April 2015

Tuesday, May 12th, 2015

According to MLS, the Redondo Beach real estate market produced 79 property sales in April.

04-2015   RB sales  M-to-M

The market median sales price closed the month at $842K, despite a marginal drop of 3.8% compared to March.

04-2015   RB median sales price  M-to-M

Although the sales/listing ratio slowed to 50.6% month-over-month, it is important to acknowledge total listings increased 31.1%.

04-2015   RB sales-listings ratio  M-to-M

Last, analysis of the months of inventory stat for April reveals year-over-year stability at 2.0.

04-2015   RB months of inventory  Y-to-Y

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

Manhattan Beach Real Estate Market Update April 2015

Tuesday, May 12th, 2015

Manhattan Beach real estate activity pushes forward in a positive direction with 31 closed escrows reported in April.

04-2015   MB  median sales price M-to-M

Not to disappoint the month-to-month market median sales price rose 24.3% to end the month $410K higher.

04-2015   MB  median sales price M-to-M

Analysis of the sales/listing ratio reveals marginal improvement of 0.2% compared to March.

04-2015   MB  sales-listings ratio  M-to-M

Last, the months of inventory data point remained stable year-over-year at 2.3.

04-2015   MB  months of inventory Y-to-Y

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

Hermosa Beach Real Estate Market Update April 2015

Tuesday, May 12th, 2015

April was a BIG month for Hermosa Beach real estate activity as total sales soared 50% compared to March!

04-2015   HB  sales  M-to-M

Equally impressive was the market median sales price, which climbed 7.21% or $94.5K.

04-2015   HB  median sales price  M-to-M

Wait!…the good news continues with the sales/listing ratio which increased 11.79% to end the month at 58.8%.

04-2015   HB  sales-listings ratio

Finally, the year-over-year months of inventory stat dropped fractionally compared to April 2014.

04-2015   HB months of inventory  Y-to-Y

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

Torrance Real Estate Market Update March 2015

Saturday, April 18th, 2015

The Torrance real estate market produced a respectable 17.9% improvement in total sales for the month of March.

03-2015   Torrance  sales M-to-M

The market median sales price increased $10K month-over-month from $610K to $620K.

03-2015   Torrance  median sales M-to-M

Also a double-digit gainer, the sales/listing ratio closed out March with a 22.2% improvement to end at 50% overall.

03-2015   Torrance  sales listing ratio  M-to-M

Last, an analysis of the months of inventory data point reveals positive trending behavior so far in 2015.

03-2015   Torrance  months of inventory  Y-to-Y

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