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8/13/2019 Redondo Beach Real Estate Market Conditions - January 2014
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Redondo BeachResidential Real Estate
Market ConditionsJanuary 2014
8/13/2019 Redondo Beach Real Estate Market Conditions - January 2014
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Table ofContents
Key Statistics for January
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
Listings2014 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 February
About the Mother & Son South Bay Real Estate Team
Contact Information
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Key Statistics for January
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= trending positive = trending positive
= trending negative = trending negative
Monthly Comparison Year-to-Year Jan 2013 Jan 2014 Delta Delta Increase DecreaseTotal Sales 47 49 2 4.3%
Median Sales Price 699,000 755,000 56,000 8.0%
Median Days to Sell 60 44 -16 -26.7%
Listings 125 125 0 0.0%
Months of Inventory 2.6 2.6 0 0.0%
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2014 Residential Sales by Map Area Jan
N Redondo Beach/Villas North 8
S Redondo Beach W of PCH 7
N Redondo Beach/Villas South 11
S Redondo Beach S of Torrance Blvd 9
S Redondo Beach N of Torrance Blvd 4
N Redondo Beach/Golden Hills 8NRedondo Beach/El Nido 2
Total Sales 49
0
2
4
6
8
10
12
Jan
2014 Residential Sales Statistics: January
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 BlvdN Redondo Beach/Golden Hills
N Redondo Beach/El Nido
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Sales by Map Area: Year-to-Year for January 2012 2013 2014
N Redondo Beach/Villas North 6 8 8
S Redondo Beach W of PCH 7 8 7
N Redondo Beach/Villas South 14 16 11
S Redondo Beach S of Torrance Blvd 5 1 9
S Redondo Beach N of Torrance Blvd 3 6 4
N Redondo Beach/Golden Hills 3 6 8NRedondo Beach/El Nido 3 2 2
Total Sales 41 47 49
0
2
4
6
8
10
12
14
16
2012 2013 2014
Total Sales by Map Area: Year-to-Year for January
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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2014 Median Sale Price by Map Area Jan
N Redondo Beach/Villas North 672,500
S Redondo Beach W of PCH 1,025,000
N Redondo Beach/Villas South 672,000
S Redondo Beach S of Torrance Blvd 755,000
S Redondo Beach N of Torrance Blvd 1,005,000
N Redondo Beach/Golden Hills 806,000NRedondo Beach/El Nido 590,000
Market Median Sale Price 755,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Jan
2014 Median Sale Price Statistics: January
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 Sale Price
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Median Sale Price by Map Area: Year-to-Year for January 2012 2013 2014
N Redondo Beach/Villas North 505,000 695,000 672,500
S Redondo Beach W of PCH 650,000 766,000 1,025,000
N Redondo Beach/Villas South 564,500 571,500 672,000
S Redondo Beach S of Torrance Blvd 460,000 357,000 755,000
S Redondo Beach N of Torrance Blvd 710,000 786,250 1,005,000
N Redondo Beach/Golden Hills 540,000 727,500 806,000NRedondo Beach/El Nido 420,000 475,000 590,000
Market Median Sale Price 560,000 699,000 755,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
2012 2013 2014
Median Sale Price by Map Area: Year-to-Year for January
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 Sale Price
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2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 27S Redondo Beach W of PCH 20
N Redondo Beach/Villas South 30
S Redondo Beach S of Torrance Blvd 13
S Redondo Beach N of Torrance Blvd 16
N Redondo Beach/Golden Hills 8
NRedondo Beach/El Nido 11
Total Active Listings 125
-
5
10
15
20
25
30
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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2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
N Redondo Beach/Villas North 27
S Redondo Beach W of PCH 20
N Redondo Beach/Villas South 30
S Redondo Beach S of Torrance Blvd 13
S Redondo Beach N of Torrance Blvd 16
N Redondo Beach/Golden Hills 8
N Redondo Beach/El Nido 11
Total Active Listings 125
Total Sales 49
Sales/Listings Ratio 39.2%
-
20
40
60
80
100
120
140
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 by Map Area: Year-to-Year for January 2012 2013 2014
N Redondo Beach/Villas North 41 22 27
S Redondo Beach W of PCH 35 27 20
N Redondo Beach/Villas South 35 22 30
S Redondo Beach S of Torrance Blvd 25 21 13
S Redondo Beach N of Torrance Blvd 24 18 16
N Redondo Beach/Golden Hills 16 7 8NRedondo Beach/El Nido 16 8 11
Total Active Listings 192 125 125
0
5
10
15
20
25
30
35
40
45
2012 2013 2014
Active Listings by Map Area: Year-to-Year for January
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 BlvdN Redondo Beach/Golden Hills
N Redondo Beach/El Nido
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2014 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
S Redondo Beach W of PCH 2.9
N Redondo Beach/Villas South 2.7
S Redondo Beach S of Torrance Blvd 1.4
S Redondo Beach N of Torrance Blvd 4.0
NRedondo Beach/Golden Hills 1.0
N Redondo Beach/El Nido 5.5
-
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 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
-
1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory: Year-to-Year
2012
2013
2014
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Outlook for FebruaryData analysis of Redondo Beach real estate activity for January 2014 relative to the same time last year
revealed a 4.3% increase in total sales, an 8.0% improvement in the median sales price, and a 26.7%
reduction in the median days to sell. Figures for both listings and months of inventory were identical year-
over-year.
Accordingly, evidence suggests market performance projections for February are likely to improve or
remain somewhat equal when compared to January stats. One caveat, however, is what impact if any the
tax season might have on selling or buying interests.
With this in mind, the recap is
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8/13/2019 Redondo Beach Real Estate Market Conditions - January 2014
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About the Mother & Son
South Bay Real Estate Team
Serving South Bay Home Buyers and Sellers Since 1989
RE/MAX Top 4 Team in California2012
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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8/13/2019 Redondo Beach Real Estate Market Conditions - January 2014
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any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet
Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy
of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal
inspection by and/or with the appropriate professionals.
Website: http://HHCRealEstate.com
Listings: http://HHCRealEstate.com/featured-south-bay-homes
MLS: http://HHCRealEstate.com/south-bay-mls-real-estate-listings
Blog: http://HHCRealEstate.com/real-estate-news/
Hady Chahine hady@hhcrealestate.com 310-404-5361
Hassana Chahine hassana@hhcrealestate.com
310-756-8949
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