Los Angeles County South Bay Beach Cities Real Estate $$$ Transacted for August 2008
Shorewood has not yet published their end-of-month data for July so I'll give them a nudge. Check back on this blog for an end-of-July update.
In the meantime, on to August. The summer season by all appearances continued its bounce, though vastly subdued from earlier years. Dollar volume is down across all four beach cities. Sales volume compared to a year ago seems weakest in south Redondo Beach (90277).
Zip Sales Sales Dollar Volume Dollar Volume
2008 2007 2008($1000's) 2007($1000's)
90245 9 8 $5,877 $9,216
90254 18 19 $19,566 $24,643
90266 29 31 $44,428 $64,828
90277 17 29 $19,510 $31,430
90278 46 49 $33,028 $38,465
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 0.4% Culver City 90035 -11.9% West Fairfax 90245 -17.6% El Segundo 90501 -26.3% Torrance 90401-90405 -28.0% Santa Monica combined 90275 -28.8% Palos Verdes Estates 90056 -31.3% Ladera Heights 90007 -31.5% South Central 90045 -32.0% Westchester 90034 -34.8% Palms 90292 -36.1% Marina del Rey 90278 -36.8% Redondo Beach (north) 90746 -38.1% Carson 90505 -38.7% Torrance 90066 -39.5% Mar Vista 90277-90278 -39.7% Redondo Beach combined 90247 -40.0% Gardena 90501-90505 -40.6% Torrance Combined beach cities -40.7% 4 Beach Cities combined 90291 -41.6% Venice 90230 -41.6% Culver City 90266 -41.8% Manhattan Beach 90064 -42.6% Rancho Park/Cheviot Hills 90305 -43.0% Inglewood 90277 -43.2% Redondo Beach (south) 90502 -44.3% Torrance SW county -44.5% Southwest L.A. County 90503 -46.9% Torrance 90249 -47.5% Gardena 90254 -47.7% Hermosa Beach 90504 -48.1% Torrance 90717 -48.7% Lomita 90260 -49.2% Lawndale 90744 -49.2% Wilmington 90019 -50.5% Country Club Park/Mid City 90745 -52.9% Carson 90303 -52.9% Inglewood 90250 -53.1% Hawthorne 90008 -53.9% Baldwin Hills / Leimart Park 90302 -54.2% Inglewood 90062 -54.5% South Central 90043 -54.6% Hyde Park, Windsor Hills 90094 -56.1% Playa Vista 90301-90305 -56.5% Inglewood/Lennox combined 90732 -57.6% San Pedro/Rancho PV 90293 -59.1% Playa del Rey 90036 -59.4% Park La Brea 90047 -61.0% South Central 90731 -62.3% San Pedro 90301 -63.7% Inglewood 90016 -63.8% West Adams 90018 -69.9% Jefferson Park 90304 -72.7% Lennox 90044 -72.9% Athens 90037 -80.7% South Central
Relative Strength
This is a longer-term view of the strength of dollar volume in a given zip code. For this month 5.3 is the strongest (suffering the least amount of chronic pain) and -0.2 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.
Last month's calculations of Relative Strength contains errors.
90094 5.3 Playa Vista 90247 2.8 Gardena 90305 2.4 Inglewood 90034 1.5 Palms 90044 1.3 Athens 90292 1.3 Marina del Rey 90746 1.2 Carson 90047 0.7 South Central 90502 0.6 Torrance 90301-90305 0.6 Inglewood/Lennox combined 90007 0.6 South Central 90062 0.6 South Central 90501 0.5 Torrance 90302 0.5 Inglewood 90304 0.5 Lennox 90016 0.5 West Adams 90293 0.5 Playa del Rey 90745 0.4 Carson 90018 0.4 Jefferson Park 90250 0.4 Hawthorne 90301 0.4 Inglewood 90064 0.4 Rancho Park/Cheviot Hills 90254 0.4 Hermosa Beach 90744 0.3 Wilmington 90732 0.3 San Pedro/Rancho PV 90303 0.3 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 0.2 Hyde Park, Windsor Hills 90245 0.2 El Segundo 90232 0.2 Culver City 90037 0.2 South Central 90230 0.2 Culver City 90249 0.1 Gardena 90503 0.1 Torrance SW county 0.1 Southwest L.A. County 90501-90505 0.1 Torrance Combined 90036 0.1 Park La Brea 90260 0.1 Lawndale 90066 0.1 Mar Vista 90278 0.0 Redondo Beach (north) 90505 0.0 Torrance 90401-90405 0.0 Santa Monica combined 90035 0.0 West Fairfax 90277-90278 -0.1 Redondo Beach combined 90731 -0.1 San Pedro beach cities -0.1 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 -0.2 Torrance 90275 -0.2 Palos Verdes Estates
I'm keeping my eye on the upcoming tsunamis as reported by Mr. Mortgage. I recommend that any active housing market watcher do the same.
posted by bearmaster at 8:26 PM
|
0 comments
