redondo beach real estate market trends october 2012

Redondo Beach Real Estate Market Conditions

October 2012

HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949

Key Statistics for September

Total Home Sales: 65 6.6% from Sept. 2011

Median Days to Sell: 54 11% from Sept. 2011 Current Active Listings: 204 11% from Aug. 2012



Home Sales in Redondo Beach By Section


Home Sales Broken Out By Section

House Sales by Map Area Sept Aug July YTDN Redondo Beach/Villas North 14 21 10 134S Redondo Beach W of PCH 11 11 15 85N Redondo Beach/Villas South 10 10 10 129S Redondo Beach S of Torrance Blvd 9 13 11 80S Redondo Beach N of Torrance Blvd 8 7 9 67N Redondo Beach/Golden Hills 8 4 9 54N Redondo Beach/El Nido 5 5 5 39Total Sales 65 71 69 588


Median Sale Price Trends By Area


Year Over Year Active Listings By Area

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for 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.

Outlook for October Supply:

Available Inventory is Down on Both a Year Over Year and Monthly Basis Estimated Inventory Dropped Below 3 Months in Sept. – Good for Sellers Median Sale Price for the Year to Date is $625,000 Median Sale Price for September was $650,000

Demand Lack of Inventory is Slowing Overall Monthly Sales 95% Average Sale/List Ratio for July-Sept Tips Towards Sellers Market

Overall Lack of Inventory Makes it a Good Time for Sellers to Enter the Market Prices Have Moved Little Over the Last 12 Months But Lack of Inventory May Have an

Impact on Both Total Sales and Sale Prices in October


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

Contact: http://HHCRealEstate.com Hady Chahine

[email protected] 310-404-5361

Hassana Chahine [email protected] 310-756-8949


http://hhcrealestate.com/

mailto:[email protected]

mailto:[email protected]