Becky Davidson South Bay Market Intelligence Report

Page 8

APRIL 2024 The highest compliment you can pay me is the referral of a friend. Becky Davidson 310.920.9287 Becky@BeckyDavidsonHomes.com BeckyDavidsonHomes.com Lic# 01894087
RE/MAX ESTATE $4 BILLION 2022 DOLLAR VOLUME 500+ REAL ESTATE AGENTS #1 SOUTH BAY HELPING 3,800+ FAMILIES YEARLY 12 OFFICES WE ARE THE COAST DRE # 01879720 WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.378.9494 | MARKETING@EPLAHOMES.COM PROPERTIES MARKET INTELLIGENCE REPORT SOUTH BAY ...BROUGHT TO YOU BY DRE# 01894087 310.920.9287 | Becky@BeckyDavidsonHomes.com | BeckyDavidsonHomes.com
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $725,000 $712,000 $739,000 $730,000 $760,000 $733,250 $717,500 $766,536 $748,315 $715,000 $731,000 $761,000 $750,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 26 APSHOT 29 26 34 28 31 30 26 38 41 37 32 30 30 81 73 77 92 92 85 95 113 101 81 80 67 71 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 12.5 25% ARKET $493.26 1.61% MEDIAN PRICE PER SQFT 42.25% 18.02% SALES RATIO $750,000 3.45% MEDIAN SALES PRICE 71 -12.35% TOTAL INVENTORY 30 3.45% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $1,130,000 $1,775,000 $977,870 $1,620,000$1,700,000 $1,525,000 $1,065,000 $1,875,000 $1,700,000$1,718,000$1,700,500$1,650,000$1,710,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 7 APSHOT 5 5 7 13 3 14 9 7 9 6 4 11 5 20 23 24 30 22 33 25 23 23 21 17 24 17 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 10 -69.7% ARKET $960.64 26.07% MEDIAN PRICE PER SQFT 29.41% 17.65% SALES RATIO $1,710,000 51.33% MEDIAN SALES PRICE 17 -15% TOTAL INVENTORY 5 0% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $690,000 $740,000 $690,125 $747,495 $816,203 $715,000 $744,716 $760,000 $810,000 $700,000 $720,000 $742,500 $765,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 17 APSHOT 39 23 23 36 22 29 27 26 25 21 15 18 23 90 80 69 88 72 75 69 66 65 55 49 58 50 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 12 -36.84% ARKET $580.00 12.2% MEDIAN PRICE PER SQFT 46.00% 6.15% SALES RATIO $765,000 10.87% MEDIAN SALES PRICE 50 -44.44% TOTAL INVENTORY 23 -41.03% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $789,000 $785,000 $844,000 $860,000 $850,000 $860,000 $865,000 $897,500 $840,000 $875,000 $890,000 $870,000 $1,100,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 20 APSHOT 25 17 22 29 19 19 22 12 17 17 12 15 13 66 60 74 74 66 73 74 55 57 50 43 41 36 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 13 -18.75% ARKET $696.20 13.68% MEDIAN PRICE PER SQFT 36.11% -4.67% SALES RATIO $1,100,000 39.42% MEDIAN SALES PRICE 36 -45.45% TOTAL INVENTORY 13 -48% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $2,360,000 $2,099,000 $3,100,000 $2,380,000 $2,100,000 $2,450,000 $2,095,000 $2,400,000 $1,860,000 $2,815,000 $2,180,000 $2,002,500 $1,784,200 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 8 APSHOT 12 13 15 18 13 11 20 11 5 8 10 10 7 54 55 55 56 60 51 54 58 52 43 50 44 16 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 8 -71.93% ARKET $1,077.42 -10.44% MEDIAN PRICE PER SQFT 43.75% 96.88% SALES RATIO $1,784,200 -24.4% MEDIAN SALES PRICE 16 -70.37% TOTAL INVENTORY 7 -41.67% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $2,360,000 $2,099,000 $3,100,000 $2,380,000 $2,100,000 $2,450,000 $2,095,000 $2,400,000 $1,860,000 $2,815,000 $2,180,000 $2,002,500$2,030,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 26 APSHOT 12 13 15 18 13 11 20 11 5 8 10 10 12 54 55 55 56 60 51 54 58 52 43 50 44 45 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 10 -64.91% ARKET $1,211.54 0.71% MEDIAN PRICE PER SQFT 26.67% 20% SALES RATIO $2,030,000 -13.98% MEDIAN SALES PRICE 45 -16.67% TOTAL INVENTORY 12 0% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $755,000 $830,000 $635,000 $675,000 $767,000 $667,150 $845,000 $861,000 $807,500 $785,000 $839,000 $955,000 $815,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 11 APSHOT 9 9 3 7 9 6 5 10 8 7 7 1 7 18 19 14 18 19 16 23 28 19 15 21 23 24 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 19 -34.48% ARKET $697.28 48.89% MEDIAN PRICE PER SQFT 29.17% -41.67% SALES RATIO $815,000 7.95% MEDIAN SALES PRICE 24 33.33% TOTAL INVENTORY 7 -22.22% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $907,500 $682,500 $875,000 $880,000 $870,000 $780,000 $794,500 $865,000 $888,000 $970,000 $1,290,000 $841,000 $937,500 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 6 APSHOT 8 5 5 21 12 10 2 7 5 5 2 6 14 18 19 20 36 30 24 20 20 26 22 16 28 25 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 29.5 268.75% ARKET $585.94 13.35% MEDIAN PRICE PER SQFT 56.00% 26% SALES RATIO $937,500 3.31% MEDIAN SALES PRICE 25 38.89% TOTAL INVENTORY 14 75% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $2,699,500 $3,400,000 $2,825,000$2,900,000 $2,530,000 $3,000,000 $2,482,500$2,550,000$2,432,500 $2,810,000 $2,480,150 $3,150,000 $2,349,750 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 61 APSHOT 20 25 25 28 19 35 28 11 22 18 12 19 29 82 95 91 94 93 105 111 97 103 77 83 99 105 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 9 -66.04% ARKET $1,284.35 -4.35% MEDIAN PRICE PER SQFT 27.62% 13.24% SALES RATIO $2,349,750 -12.96% MEDIAN SALES PRICE 105 28.05% TOTAL INVENTORY 29 45% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $1,200,000 $1,580,000 $1,399,000$1,404,860 $1,515,000 $1,365,000 $1,492,500$1,485,000 $1,399,309$1,413,000 $1,542,500 $1,587,500$1,590,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 64 APSHOT 43 41 57 52 51 63 40 50 47 54 26 38 30 123 123 140 135 155 163 145 162 143 120 111 117 124 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 10 -54.55% ARKET $813.96 8.02% MEDIAN PRICE PER SQFT 24.19% -30.8% SALES RATIO $1,590,000 32.5% MEDIAN SALES PRICE 124 0.81% TOTAL INVENTORY 30 -30.23% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Carson E Segundo Gardena Haw horne He mosa Beach Lawndale Lom ta Manhattan Beach, Redondo Beach Torrance Da a Pu l Date: 4/1/2024 $975,000 $1,000,000 $942,000 $1,047,500 $945,000 $955,000 $944,000 $1,060,000 $995,000 $902,500 $909,990 $997,000 $1,100,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 69 APSHOT 79 71 77 86 85 101 89 69 59 64 47 67 89 192 185 200 210 188 206 208 183 169 144 151 196 201 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 8 -42.86% ARKET $708.28 1.68% MEDIAN PRICE PER SQFT 44.28% 7.61% SALES RATIO $1,100,000 12.82% MEDIAN SALES PRICE 201 4.69% TOTAL INVENTORY 89 12.66% TOTAL SOLD
CONNECT WITH ME Becky Davidson Becky@BeckyDavidsonHomes.com | 310.920.9287 BeckyDavidsonHomes.com | Lic# 01894087
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