Posts Tagged ‘housing market’

Torrance Real Estate Market Update July 2015

Thursday, August 20th, 2015

Total residential sales for the Torrance real estate market climbed 0.9% from June to end July at 107.

07-2015   Torrance  sales M-to-M

Also trending positive was the market median sales price, which improved by $34K or 5.4%.

07-2015   Torrance  median sales M-to-M

Although the sales/listing ratio dropped 15.5%, this is explained by stable sales relative to a 19.5% jump in listings.

07-2015   Torrance  sales listing ratio  M-to-M

Last, analyzing the year-over-year months of inventory shows a 4.8% decline from July 2014 to July 2015.

07-2015   Torrance  months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update July 2015

Thursday, August 20th, 2015

July was an encouraging month for real estate activity in Redondo Beach with total sales up 10%!

07-2015 RB sales M-to-M

In addition, the market median sales price increased $13.5K month-over-month.

07-2015 RB median sales price M-to-M

With sales and listings both moving in positive directions the sales/listing ratio climbed 5.5%.

07-2015 RB sales-listings ratio M-to-M

Last, according to the MLS the year-over-year months of inventory stat dropped 50% for July 2014 to 2015.

07-2015 RB months of inventory Y-to-Y

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

Manhattan Beach Real Estate Market Update July 2015

Thursday, August 20th, 2015

According to the MLS, the Manhattan Beach residential real estate market closed 32 escrows in July.

07-2015   MB  sales  M-to-M

During this time, however, the market median sales price dropped $745K or 31%.

07-2015   MB  median sales price M-to-M

Although listings jumped 8.9% from June to July this was offset by a 8.6% decline in total sales, resulting in a 15.9% shaving of the sales/listing ratio.

07-2015   MB  sales-listings ratio  M-to-M

Finally, a review of the year-over-year months of inventory shows a 36.4% rise from July 2014 to July 2015.

07-2015   MB  months of inventory Y-to-Y

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

Hermosa Beach Real Estate Market Update July 2015

Thursday, August 20th, 2015

Residential real estate market activity for Hermosa Beach during July dropped pace with total sales down 33.33% month-over-month.

07-2015 HB sales M-to-M

However, the median sales price spiked $330.5K or 26.44% during this same period of time.

07-2015 HB sales M-to-M

Still, as sales declined relative to listings the sales/listing ratio fell 35.9% from June to July.

07-2015 HB sales-listings ratio

Finally, an analysis of the months of inventory data point reveals a 73.91% rise from July 2014 to July 2015.

07-2015 HB months of inventory Y-to-Y

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

Torrance Real Estate Market Update June 2015

Tuesday, 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.