Los Angeles County South Bay Beach Cities Real Estate $$$ Transacted for July 2008

I apologize for taking a little longer than usual to get the monthly dollar volume charts up, but work demands have forced me to drop a number of extracurricular activities, plus I wanted to take the time to grow these charts. They contain over six years of data, and since I want you to be able to see the bubble full-blown and the ensuing fallout from the burst, I don't want to lop off the year 2002.

Nothing has really changed. The summer bounce continues. You can check out the YOY July comparison here in this table. El Segundo (90245) had a good month relative to last year. Hermosa Beach (90254) and South Redondo (90277) had especially horrible months relative to last year. North Redondo's (90278) sales volume matched last year's, but dollar volume is down. Manhattan Beach (90266) is down from last year.

Zip      Sales    Sales    Dollar Volume    Dollar Volume
         2008     2007    2008($1000's)    2007($1000's)

90245      16       10       $11,952            $9,430          
90254      17       27       $15,861           $41,499          
90266      27       31       $45,360           $54,095
90277      28       41       $25,340           $39,278
90278      47       47       $33,041           $35,579

YOY Comparisons

These numbers are a YOY comparison of the doubly smooth moving average of dollar volumes. I think of them as "recent pain" (or recent gain) indicators.

Culver City is showing a little bit of resilience this summer. Everything else is down YOY.

90232            6.2%      Culver City
90035        -18.3%      West Fairfax
90245          -23.6%      El Segundo
90302          -29.3%      Inglewood
90292          -31.3%      Marina del Rey
90045          -32.9%      Westchester
90275          -35.0%      Palos Verdes Estates
90034          -38.7%      Palms
90505          -39.5%      Torrance
90254          -41.4%      Hermosa Beach
90401-90405    -42.1%      Santa Monica combined
90501          -43.4%      Torrance
90064          -43.7%      Rancho Park/Cheviot Hills
90291          -45.2%      Venice
90717          -45.2%      Lomita
90746          -45.9%      Carson
90066          -47.0%      Mar Vista
90008          -47.3%      Baldwin Hills / Leimart Park
90502          -47.5%      Torrance
90305          -47.6%      Inglewood
90501-90505    -47.9%      Torrance Combined
90277          -48.2%      Redondo Beach (south)
beach cities   -48.3%      4 Beach Cities combined
90277-90278    -49.1%      Redondo Beach combined
90007          -49.5%      South Central
90504          -49.7%      Torrance
90278          -49.9%      Redondo Beach (north)
SW county      -50.0%      Southwest L.A. County
90094          -50.0%      Playa Vista
90230          -51.1%      Culver City
90056          -51.1%      Ladera Heights
90249          -51.4%      Gardena
90266          -54.0%      Manhattan Beach
90019          -55.0%      Country Club Park/Mid City
90260          -55.2%      Lawndale
90745          -55.3%      Carson
90250          -55.6%      Hawthorne
90503          -56.7%      Torrance
90301-90305    -58.0%      Inglewood/Lennox combined
90247          -60.9%      Gardena
90036          -61.6%      Park La Brea
90303          -61.9%      Inglewood
90062          -62.5%      South Central
90047          -63.4%      South Central
90293          -63.7%      Playa del Rey
90732          -64.3%      San Pedro/Rancho PV
90016          -65.0%      West Adams
90731          -66.7%      San Pedro
90043          -66.9%      Hyde Park, Windsor Hills
90301          -68.1%      Inglewood
90044          -74.8%      Athens
90018          -79.6%      Jefferson Park
90037          -80.0%      South Central
90304          -81.6%      Lennox
90744         -147.5%      Wilmington

Relative Strength

This is a longer-term view of the strength of dollar volume in a given zip code. For this month 5.4 is the strongest (suffering the least amount of chronic pain) and -1.6 is the weakest (suffering the most chronic pain). Think of it is as the area above 0 on the YOY graph with the area below 0 of the YOY graph subtracted out.

90094         5.4  Playa Vista
90247         2.9  Gardena
90305         2.5  Inglewood
90034         1.6  Palms
90044         1.4  Athens
90292         1.3  Marina del Rey
90746         1.2  Carson
90047         0.7  South Central
90502         0.7  Torrance
90301-90305   0.7  Inglewood/Lennox combined
90062         0.6  South Central
90007         0.6  South Central
90302         0.6  Inglewood
90501         0.6  Torrance
90304         0.6  Lennox
90016         0.5  West Adams
90018         0.5  Jefferson Park
90293         0.5  Playa del Rey
90745         0.5  Carson
90250         0.5  Hawthorne
90301         0.5  Inglewood
90064         0.4  Rancho Park/Cheviot Hills
90254         0.4  Hermosa Beach
90732         0.4  San Pedro/Rancho PV
90303         0.4  Inglewood
90045         0.3  Westchester
90008         0.3  Baldwin Hills / Leimart Park
90019         0.3  Country Club Park/Mid City
90291         0.3  Venice
90043         0.3  Hyde Park, Windsor Hills
90037         0.3  South Central
90245         0.2  El Segundo
90230         0.2  Culver City
90232         0.2  Culver City
90249         0.2  Gardena
90503         0.2  Torrance
SW county     0.2  Southwest L.A. County
90036         0.2  Park La Brea
90501-90505   0.2  Torrance Combined
90260         0.1  Lawndale
90066         0.1  Mar Vista
90278         0.1  Redondo Beach (north)
90505         0.0  Torrance
90401-90405   0.0  Santa Monica combined
90731         0.0  San Pedro
90035         0.0  West Fairfax
90277-90278   0.0  Redondo Beach combined
beach cities  0.0  4 Beach Cities combined
90056        -0.1  Ladera Heights
90717        -0.1  Lomita
90277        -0.1  Redondo Beach (south)
90266        -0.1  Manhattan Beach
90504        -0.1  Torrance
90275        -0.2  Palos Verdes Estates
90744        -1.6  Wilmington

Just for fun, look at the July 2007 numbers and it'll be obvious that these numbers have been sagging for the past year.

View individual zip codes in the regional tracker here.