Redondo Beach

Residential Real Estate

Market Conditions
April 2014
Table of
Contents
Key Statistics for April
Sales
2014 Residential Sales Stats
Year-to-Year Total Sales by Map Area

Median
2014 Median Sales Stats
Year-to-Year Median Sales by Map Area

Listings
2014 Active Listings by Map Area
2014 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area

Inventory
2014 Months of Inventory by Map Area
Year-to-Year Months of Inventory

Outlook for May
About the Mother & Son South Bay Real Estate Team
Contact Information
Key Statistics for April
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Mar 2014 Apr 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 79 75 -4 -5.1%
Median Sales Price 760,000 724,000 (36,000) -4.7%
Median Days to Sell 37 28 -9 -24.3%
Listings 148 149 1 0.7%
Sales/Listing Ratio 53.4% 50.3% -3.1% -5.8%
Months of Inventory 1.9 2 0.1 5.3%
Monthly Comparison Year-to-Year Apr 2013 Apr 2014 Delta Delta Increase Decrease
Total Sales 74 75 1 1.4%
Median Sales Price 697,500 724,000 26,500 3.8%
Median Days to Sell 27 28 1 3.7%
Listings 170 149 -21 -12.4%
Months of Inventory 2.3 2 -0.3 -13.0%
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Total Sales Month-to-Month by Map Area Feb Mar Apr
N Redondo Beach/Villas North 6 19 17
S Redondo Beach W of PCH 5 7 10
N Redondo Beach/Villas South 12 20 18
S Redondo Beach S of Torrance Blvd 7 5 10
S Redondo Beach N of Torrance Blvd 12 12 8
N Redondo Beach/Golden Hills 0 12 6
N Redondo Beach/El Nido 2 4 6
Total Sales 44 79 75
0
10
20
30
40
50
60
70
80
Feb Mar Apr
2014 Total Sales Month-to-Month by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Total Sales
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Total Sales Year-to-Year by Map Area 2012 2013 2014
N Redondo Beach/Villas North 15 17 17
S Redondo Beach W of PCH 12 10 10
N Redondo Beach/Villas South 14 13 18
S Redondo Beach S of Torrance Blvd 7 10 10
S Redondo Beach N of Torrance Blvd 6 5 8
N Redondo Beach/Golden Hills 2 11 6
N Redondo Beach/El Nido 7 8 6
Total Sales 63 74 75
0
10
20
30
40
50
60
70
80
2012 2013 2014
Total Sales Year-to-Year by Map Area: April
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Total Sales
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Median Sales Price Month-to-Month by Map Area Feb Mar Apr
N Redondo Beach/Villas North 769,000 710,000 712,000
S Redondo Beach W of PCH 421,000 1,009,000 561,500
N Redondo Beach/Villas South 777,500 735,400 761,000
S Redondo Beach S of Torrance Blvd 689,000 830,000 777,500
S Redondo Beach N of Torrance Blvd 718,000 830,000 890,000
N Redondo Beach/Golden Hills - 862,000 845,000
N Redondo Beach/El Nido 625,000 742,500 532,500
Market Median Sales Price 718,000 760,000 724,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Feb Mar Apr
2014 Median Sales Price Month-to-Month by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Market Median Sales Price
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Median Sales Price Year-to-Year by Map Area 2012 2013 2014
N Redondo Beach/Villas North 575,000 692,000 712,000
S Redondo Beach W of PCH 495,000 711,250 561,500
N Redondo Beach/Villas South 641,500 560,000 761,000
S Redondo Beach S of Torrance Blvd 575,000 744,000 777,500
S Redondo Beach N of Torrance Blvd 527,500 685,000 890,000
N Redondo Beach/Golden Hills 460,275 783,000 845,000
N Redondo Beach/El Nido 580,000 641,500 532,500
Market Median Sales Price 575,000 697,500 724,000
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
2012 2013 2014
Median Sales Price Year-to-Year by Map Area: April
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Market Median Sales Price
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Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 27 26 31 35
S Redondo Beach W of PCH 20 29 37 35
N Redondo Beach/Villas South 30 29 24 23
S Redondo Beach S of Torrance Blvd 13 19 19 19
S Redondo Beach N of Torrance Blvd 16 15 16 15
N Redondo Beach/Golden Hills 8 10 9 12
N Redondo Beach/El Nido 11 14 12 10
Total Active Listings 125 142 148 149
-
5
10
15
20
25
30
35
40
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Active Listings by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
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Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 27 26 31 35
S Redondo Beach W of PCH 20 29 37 35
N Redondo Beach/Villas South 30 29 24 23
S Redondo Beach S of Torrance Blvd 13 19 19 19
S Redondo Beach N of Torrance Blvd 16 15 16 15
N Redondo Beach/Golden Hills 8 10 9 12
N Redondo Beach/El Nido 11 14 12 10
Total Active Listings 125 142 148 149
Total Sales 49 44 79 75
Sales/Listings Ratio 39.2% 31.0% 53.4% 50.3%
-
20
40
60
80
100
120
140
160
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
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Active Listings Year-to-Year by Map Area 2012 2013 2014
N Redondo Beach/Villas North 43 21 35
S Redondo Beach W of PCH 42 32 35
N Redondo Beach/Villas South 32 34 23
S Redondo Beach S of Torrance Blvd 39 29 19
S Redondo Beach N of Torrance Blvd 27 27 15
N Redondo Beach/Golden Hills 18 14 12
N Redondo Beach/El Nido 12 13 10
Total Active Listings 213 170 149
0
50
100
150
200
250
2012 2013 2014
Active Listings Year-to-Year by Map Area: April
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
Total Active Listings
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Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 3.4 4.3 1.6 2.1
S Redondo Beach W of PCH 2.9 5.8 5.3 3.5
N Redondo Beach/Villas South 2.7 2.4 1.2 1.3
S Redondo Beach S of Torrance Blvd 1.4 2.7 3.8 1.9
S Redondo Beach N of Torrance Blvd 4.0 1.3 1.3 1.9
N Redondo Beach/Golden Hills 1.0 - 0.8 2.0
N Redondo Beach/El Nido 5.5 7.0 3.0 1.7
-
1.0
2.0
3.0
4.0
5.0
6.0
7.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Months of Inventory by Map Area
N Redondo Beach/Villas North
S Redondo Beach W of PCH
N Redondo Beach/Villas South
S Redondo Beach S of Torrance Blvd
S Redondo Beach N of Torrance Blvd
N Redondo Beach/Golden Hills
N Redondo Beach/El Nido
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Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 3.5 5.8 3.4 3.3 3.3 3.3 3.2 3.5 2.9 2.5 2.3 2.0
2013 2.6 3.0 1.9 2.3 2.0 1.8 1.9 2.0 2.0 2.2 2.8 1.6
2014 2.6 3.2 1.9 2.0
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Months of Inventory Year-to-Year
2012
2013
2014
Outlook for May
Okay, overall real estate activity in Redondo Beach produced respectable numbers in April with total sales,
market median sales price, listings, sales/listing ratio, and months of inventory holding fairly steady
compared to last months data. The most glaring percentage variation was the median days to sell, which
decreased in duration. Another positive stat to highlight is the year-over-year market median sales price,
which is $36K higher in April 2014 compared to April 2013.

So whats our outlook for May? you ask. Well, given the cost to borrow money remains relatively cheap
and accessible, and there is a stable flow of new listings hitting the market each week, and historically
speaking performance activity normally heats up as summer draws near we, expect a strong increase in
all of these statistical measurements. The question for you is, Are you ready to buy or sell? If yes, then
please give us a call today. We are friendly, fun, and most importantly we have 25 years of South Bay real
estate experience!

Your recap
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Month-to-Month Comparison Mar 2014 Apr 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 79 75 -4 -5.1%
Median Sales Price 760,000 724,000 (36,000) -4.7%
Median Days to Sell 37 28 -9 -24.3%
Listings 148 149 1 0.7%
Sales/Listing Ratio 53.4% 50.3% -3.1% -5.8%
Months of Inventory 1.9 2 0.1 5.3%
About the Mother & Son
South Bay Real Estate
Team
Serving South Bay Home Buyers and Sellers Since 1989
RE/MAX Top 4 Team in California 2012
RE/MAX 100% Club - 2011
Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010
Shorewood Realtors Top Producing Agent (Hassana 1989-2001)
ABR, RS, GRI, BPOR, SBAOR, CAR, NAR, IRES


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Hady Chahine
hady@hhcrealestate.com
310-404-5361

Hassana Chahine
hassana@hhcrealestate.com
310-756-8949



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