Monday, November 20, 2006

DQNews South Bay Resale Activity for October 2006

According to the DQNews listings in the L.A. Times, the October monthly resale activity for the south bay areas showed the following:

Zip       # SFR   Median   %Chg   # Condo  Median    %Chg 
          Sales   $SFR      YOY    Sales   $Condo     YOY
90045      29     746,000  -3.7      5     375,000   36.4
90245      11     835,000  -0.5      2     562,000    2.1      
90254       7     865,000  -3.4      4     560,000   -4.3  
90260      12     500,000  -4.8      9     320,000    3.2
90266      21   1,430,000   8.3      1   1,513,000   35.7
90277      17   1,310,000  44.9     17     715,000    2.3 
90278      20     730,000  -5.1     25     720,000    6.3

County  5,489     540,000   3.8  1,336     410,000    1.2

The historical data I have for L.A. County condos, and for Manhattan Beach (90266) SFRs and condos is substantially different from what DQNews is reporting. Apparently DQNews has revised data that I do not have, but rather than delay this post any further I have decided to just post the flawed L.A. County condo and 90266 charts until I have time to reverse engineer their data. All other SFR and condo measures for the remaining beach city zip codes almost exactly match the DQNews report.

Overall, the gentle downward drift trend (pink lines are the moving averages) remain in place. The real 90266 data suggests the 90266 graphs should show stronger bounces. On the other hand the L.A. County condo data is somewhat too strong in the graph.

90245

90254

90266

90277

90278

Los Angeles County

4 Comments:

Blogger stevebopp said...

Hmmm... what's with the increase in South Redondo? Maybe just a few high $ homes closing?

8:30 AM, November 21, 2006  
Blogger AnalysisGuy said...

Today’s report on San Diego has been released!
Local Home Price Analysis

10:54 AM, November 21, 2006  
Blogger Bernard said...

Bearmaster,

Could you please include 90260 in your charts?

Lawndale may my be a beach community, but El Camino Village is a nice quiet neighborhood.

I appreciate your including us in your data. It helps me monitor my area.

3:24 PM, November 21, 2006  
Blogger bearmaster said...

I am unable to publish 90260 because I don't have historic data.

In fact, this week I read the fine print on the DQNews report and there is a good chance I will have to stop publishing these charts altogether.

5:04 PM, November 21, 2006  

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