Steve Kary South Bay Q3 2023

Steve S. Kary Broker Associate

310-420-8833 karysteve@gmail.com DRE# 00872041

SOUTH BAY MARKET INTELLIGENCE REPORT

...BROUGHT TO YOU BY

RE/MAX ESTATE PROPERTIES

DRE # 01879720

DRE# 00872041

WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.420.8833 | karysteve@gmail.com 310.378.9494 | MARKETING@EPLAHOMES.COM

$4 BILLION

2022 DOLLAR VOLUME

50 00+

REAL ESTATE AGENTS

#1 SOUTH BAY

HELPING 3,800+ FAMILIES YEARLY

12 OFFICES

WE ARE THE COAST

VERSUS THIS QUARTER LAST YEAR 180

40

87

$733,250

9.0

$493.42

48.33%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-24%

▼

-27%

▼

-21%

▼

-2.0%

▼

-40%

▲

5.7%

▲

5%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 48

13

26

$1,525,000

20.0

$782.92

54.17%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-32%

▲

18%

▼

-10%

▲

17.3%

▲

150%

▲

6.2%

▲

33%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 147

30

78

$744,716

20.0

$523.08

53.06%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-29%

▼

-49%

▼

-4%

▲

0.2%

▲

11%

▲

4.8%

▲

35%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 128

40

60

$860,000

14.0

$657.79

46.88%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-26%

▼

-22%

▼

-26%

▼

-3.0%

▼

-13%

▼

-4.8%

▼

0%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 47

14

22

$1,660,000

8.5

$1,037.50

46.81%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-63%

▼

-60%

▼

-50%

▼

-16.2%

▼

-43%

▼

-7.2%

▲

36%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 90

30

44

$2,100,000

31.0

$1,272.02

48.89%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▲

43%

▲

67%

▲

83%

▲

16.7%

▲

158%

▲

47.6%

▲

28%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 43

13

20

$767,000

13.0

$540.82

46.51%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-46%

▼

-38%

▼

-29%

▼

-10.5%

▼

-50%

▲

6.5%

▲

33%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 49

12

24

$794,500

11.5

$571.31

48.98%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-44%

▼

-14%

▲

14%

▼

-0.1%

▼

-65%

▲

2.4%

▲

105%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 188

69

82

$2,530,000

16.0

$1,403.27

43.62%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-16%

▲

5%

▼

-1%

▼

-27.7%

▲

60%

▲

4.9%

▲

18%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 292

87

154

$1,492,500

11.0

$831.47

52.74%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-14%

▼

-5%

▼

-5%

▲

4.4%

▼

-15%

▲

1.3%

▲

11%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

VERSUS THIS QUARTER LAST YEAR 430

86

275

$945,000

9.0

$665.66

63.95%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-16%

▼

-32%

▼

-1%

▼

-1.6%

▼

-31%

▲

0.9%

▲

18%

MEDIAN SALES PRICE - QUARTERLY TREND

TOTAL INVENTORY - QUARTERLY TREND

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Redondo Beach, Torrance Data Pull Date:07.01.23

STEVE KARY ASSOCIATE | LICENSE# 00872041

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