South Bay Resale Activity for December 2006

I don't know how much longer I'll be able to squeak this resale activity data through on this blog, but here goes!

According to the DQNews listings in the L.A. Times, the December 2006 monthly resale activity for the south bay area consisted of the following:

Zip       # SFR   Median   %Chg   # Condo  Median    %Chg 
          Sales   $SFR      YOY    Sales   $Condo     YOY
90045      31     739,000  -3.7      4     427,000   -0.7
90245       3     660,000 -25.8      4     653,000   -7.5
90250      36     517,000  -2.0      5     445,000   18.4
90254       8   1,350,000  -0.5      6     882,000  -13.3  
90260      10     535,000  -0.1      6     436,000    3.0
90266      28   1,389,000  -0.8    n/a         n/a    n/a
90277      11     929,000  -8.1     19     775,000   -0.3 
90278      25     719,000  -2.7     18     618,000  -14.4

County  5,405     550,000   5.8  1,254     412,000    3.0

Los Angeles County and the beach city zip codes - El Segundo, 90245; Hermosa Beach, 90254; Manhattan Beach, 90266; Redondo Beach, 90277, 90278 - are charted here. DQNews recorded condo sales for Manhattan Beach as N/A. That was the first time I had ever seen that for a beach city! I don't know if that means there were 0 sales, or if they didn't know what the sales were. Either way, that makes it difficult to show a continuous graph for median price, so I just said OK, let's suppose the median price is the same as it was for December 2005, so I can plot this thing.

For those of you unfamiliar with my postings, keep in mind this data does not include new home sales. Also, pay attention to the simple 3 month moving averages I plot along with the raw data. You'll go cross-eyed looking at all the herky-jerky motion of the raw figures, and the moving average lines will not only be easier on your eyes but give you a better sense of any ongoing trend.