Torrance real estate statistics and analysis for December 2013. Includes homes sales, listings and historical performance on a month to month and year over year basis.
2. Key Statistics for December
Sales
2013 Residential Sales Stats: Oct - Dec
Year-to-Year Total Sales by Map Area: Dec
Median
2013 Median Sales Stats: Oct - Dec
Year-to-Year Median Sales by Map Area: Dec
Table of
Contents
Listings
2013 Active Listings by Map Area
2013 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area: Dec
Inventory
2013 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Outlook for January
About the Mother & Son South Bay Real Estate Team
Contact Information
3. Key Statistics for December
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Inventory Turnover (months)
Nov 2013
67
562,500
44
135
49.6%
2.0
Dec 2013
Monthly Comparison Year-to-Year
Total Sales
Median Sales Price
Median Days to Sell
Listings
Inventory Turnover (months)
Dec 2012
Dec 2013
79
535,000
32
139
1.8
96
621,000
40
100
96.0%
1
96
621,000
40
100
1
Delta (qty)
29
58,500
-4
-35
46.4%
-1.0
Delta
17
86,000
8
-39
-0.8
Delta (%)
43.3%
10.4%
-9.1%
-25.9%
93.5%
-50.0%
Increase
Decrease
Delta
21.5%
16.1%
25.0%
-28.1%
-44.4%
Increase
Decrease
= trending positive
= trending negative
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= trending positive
= trending negative
4. 2013 Residential Sales by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
Total Sales
Oct
15
7
8
8
3
10
4
4
7
8
74
Nov
12
7
8
0
5
5
7
6
9
8
67
Dec
15
10
15
7
6
6
9
7
14
7
96
YTD
42
24
31
15
14
21
20
17
30
23
237
2013 Residential Sales Statistics: Oct - Dec
16
14
12
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
10
8
6
4
2
0
Oct
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Nov
Dec
5. Sales by Map Area: Year-to-Year for December
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
Total Sales
2011
10
3
10
8
6
5
9
4
6
3
64
2012
12
6
7
5
2
8
15
7
8
9
79
2013
15
10
15
7
6
6
9
7
14
7
96
Total Sales by Map Area: Year-to-Year for December
16
14
12
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
10
8
6
4
2
0
2011
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2012
2013
6. 2013 Median Sale Price by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Oct
575,000
865,000
923,000
625,000
729,000
785,000
461,813
530,000
Nov
550,250
367,500
925,000
760,000
721,000
540,000
502,500
Dec
520,000
487,375
919,000
809,000
751,500
663,500
524,000
575,000
Old Torrance
458,000
443,000
507,500
South East Torrance
695,000
665,000
670,000
671,000
562,500
621,000
Market Median Sale Price
2013 Median Sale Price Statistics: Oct - Dec
1,000,000
900,000
800,000
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
700,000
600,000
500,000
400,000
300,000
200,000
100,000
Oct
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Nov
Dec
7. Median Sale Price by Map Area: Year-to-Year for December
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
Market Median Sale Price
2011
439,750
310,000
887,500
634,750
624,500
712,000
420,000
454,000
451,000
462,500
528,500
2012
602,500
432,500
785,700
700,000
611,500
605,000
435,000
405,000
474,500
595,000
535,000
2013
520,000
487,375
919,000
809,000
751,500
663,500
524,000
575,000
507,500
670,000
621,000
Median Sale Price by Map Area: Year-to-Year for December
1,000,000
900,000
800,000
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
Market Median Sale Price
700,000
600,000
500,000
400,000
300,000
200,000
100,000
2011
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2012
2013
8. 2013 Active Listings by Map Area
40
35
30
25
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
20
15
10
5
Jan
Feb
Mar
Apr
May
2013 Active Listings/Total Sales by Map Area
Jan
Feb
Mar
Apr
May
Jun
Jul
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
Total Active Listings
24
14
18
10
6
16
14
6
24
14
146
15
11
18
13
9
15
14
3
25
16
139
30
5
17
15
7
9
13
5
23
13
137
28
8
21
16
10
14
12
4
26
20
159
23
10
29
15
9
15
21
6
29
19
176
21
11
27
17
12
14
28
11
22
17
180
31
12
22
20
14
19
22
17
29
23
209
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Jun
Jul
Aug
Sep
Oct
Nov
Dec
Aug
Sep
Oct
Nov
Dec
34
15
30
18
9
26
21
9
34
20
216
26
15
18
12
7
17
22
5
39
19
180
24
8
23
11
11
20
20
9
27
17
170
18
11
19
12
4
14
16
7
28
6
135
10
5
12
12
5
8
13
4
21
10
100
9. 2013 Total Active Listings vs. Total Sales
250
200
150
100
Total Active Listings
Total Sales
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2013 Active Listings/Total Sales by Map Area
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Central Torrance
24
15
30
28
23
21
31
34
26
24
18
10
South East Torrance - West
14
11
5
8
10
11
12
15
15
8
11
5
Hollywood Riviera
18
18
17
21
29
27
22
30
18
23
19
12
South Torrance
10
13
15
16
15
17
20
18
12
11
12
12
Southwood
6
9
7
10
9
12
14
9
7
11
4
5
West Torrance
16
15
9
14
15
14
19
26
17
20
14
8
N Torrance - West
14
14
13
12
21
28
22
21
22
20
16
13
N Torrance - East
6
3
5
4
6
11
17
9
5
9
7
4
Old Torrance
24
25
23
26
29
22
29
34
39
27
28
21
South East Torrance
14
16
13
20
19
17
23
20
19
17
6
10
Total Active Listings
146 139 137 159 176 180 209 216 180 170 135 100
Total Sales
56
51
90
99
99
89 108
99
89
74
67
96
Sales/Listings Ratio 38.4% 36.7% 65.7% 62.3% 56.3% 49.4% 51.7% 45.8% 49.4% 43.5% 49.6% 96.0%
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10. Active Listings by Map Area: Year-to-Year for December
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
Total Active Listings
2011
53
23
14
11
9
7
40
20
31
16
224
2012
23
13
16
7
3
20
14
5
21
17
139
2013
10
5
12
12
5
8
13
4
21
10
100
Active Listings by Map Area: Year-to-Year for December
60
50
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
40
30
20
10
0
2011
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2012
2013
11. 2013 Months of Inventory by Map Area
16.0
14.0
12.0
10.0
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
8.0
6.0
4.0
2.0
Jan
2013 Months of Inventory by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance
Back to Table of Contents
Jan
2.4
2.0
3.0
2.0
2.0
1.6
2.8
6.0
6.0
2.8
Feb
Mar
Apr
May
Feb
Mar
Apr
May
1.7
2.2
1.8
3.3
4.5
2.5
1.8
1.5
6.3
16.0
2.1
0.5
1.2
2.5
1.4
0.9
1.2
0.6
4.6
1.9
1.3
0.8
3.5
1.8
1.7
0.9
0.9
0.8
3.7
3.3
1.2
0.8
3.6
2.5
1.8
2.1
1.8
3.0
1.6
2.1
Jun
Jul
Jun
1.3
5.5
1.4
2.1
2.0
2.0
4.7
2.2
1.6
2.8
Aug
Jul
2.8
1.7
1.3
1.4
4.7
1.6
1.3
8.5
2.1
2.1
Sep
Oct
Nov
Dec
Aug
Sep
Oct
Nov
Dec
2.4
7.5
3.0
1.1
1.3
3.7
1.4
0.8
6.8
1.8
1.6
2.5
2.0
1.7
1.0
1.6
3.7
0.6
3.3
3.2
1.6
1.1
2.9
1.4
3.7
2.0
5.0
2.3
3.9
2.1
1.5
1.6
2.4
0.8
2.8
2.3
1.2
3.1
0.8
0.7
0.5
0.8
1.7
0.8
1.3
1.4
0.6
1.5
1.4
12. Months of Inventory: Year-to-Year
7.0
6.0
5.0
4.0
2011
2012
2013
3.0
2.0
1.0
Jan
Feb
Mar
Months of Inventory: Year-to-Year
2011
2012
2013
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Apr
May
Jan
5.3
3.7
2.6
Jun
Feb
6.1
5.4
2.7
Mar
4.5
3.2
1.5
Jul
Apr
4.2
3.3
1.6
Aug
May
5.4
3.0
1.8
Sep
Jun
3.6
3.0
2.0
Oct
Jul
5.9
2.7
1.9
Aug
4.8
2.8
2.2
Nov
Sep
4.4
2.4
2.0
Dec
Oct
4.4
2.1
2.3
Nov
3.5
2.1
2.0
Dec
3.5
1.8
1.0
13. Outlook for January
Overall residential real estate stats for December compared to November turned out to exceed market
expectations with total sales, median sales price, median days to sell, sales/listing ratio and inventory
turnover trending positive. In fact, the only sluggish data statistic was the marginal decrease in the
amount of available listings during the month.
With this in mind, January 2014 is a new start for everyone looking to buy or sell real estate.
Opportunities are abundant and the cost to borrow remains extremely low, historically speaking. For
questions or a free property listing presentation, please give me a call.
Your recap is…
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Inventory Turnover (months)
Back to Table of Contents
Nov 2013
67
562,500
44
135
49.6%
2.0
Dec 2013
96
621,000
40
100
96.0%
1
Delta (qty)
29
58,500
-4
-35
46.4%
-1.0
Delta (%)
43.3%
10.4%
-9.1%
-25.9%
93.5%
-50.0%
Increase
Decrease
14. 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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15. Hassana Chahine
hassana@hhcrealestate.com
310-756-8949
Hady Chahine
hady@hhcrealestate.com
310-404-5361
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/
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.
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