Tuesday, April 21, 2009

Los Angeles County South Bay Beach Cities Real Estate $$$ Transacted through March 2009

My intent is to publish the dollar volume charts on a quarterly basis. These charts show data through the end of March 2009.

Generally, sales volume has rebounded somewhat. Last year during Q1 sales volume was in the dumpster, so some rebound has been bound to occur.

Dollar volume is climbing up in several areas. When you look at the statistics tables below, you'll notice that the YOY dollar volume has zoomed up past zero in areas such as parts of Torrance; Gardena; Wilmington; Lawndale; Inglewood; Lennox; and Carson. I am stating the obvious when I say that these are not affluent areas of Los Angeles County. I suspect that some falling Ginzu knife shoppers with dreams of becoming landlords (maybe slumlords) are out there shopping. Redondo Beach has climbed back YOY, very close to zero, but this is the "poorest" of the beach cities. In general, YOY dollar volume has not (yet) climbed back for the beach cities, nor for SW Los Angeles County.

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. Notice that I accidentally tallied these backwards. Normally I list these in descending order.

90094         -81.4%       Playa Vista   
90292         -64.6%       Marina del Rey   
90036         -59.8%       Park La Brea   
90501         -59.8%       Torrance   
90007         -56.2%       South Central   
90293         -53.6%       Playa del Rey   
90291         -53.0%       Venice   
90254         -52.4%       Hermosa Beach   
90056         -51.0%       Ladera Heights   
90302         -48.6%       Inglewood   
90062         -48.6%       South Central   
90245         -48.4%       El Segundo   
90019         -44.6%       Country Club Park/Mid City   
90064         -42.4%       Rancho Park/Cheviot Hills   
90301         -42.3%       Inglewood   
90045         -41.3%       Westchester   
90016         -40.8%       West Adams
90066         -39.2%       Mar Vista
90034         -38.1%       Palms
90043         -37.2%       Hyde Park, Windsor Hills
90044         -34.8%       Athens
SW county     -32.7%       Southwest L.A. County
90501-90505   -31.3%       Torrance Combined
90266         -30.9%       Manhattan Beach
90018         -30.8%       Jefferson Park
90037         -29.6%       South Central
90008         -28.9%       Baldwin Hills / Leimart Park
90401-90405   -28.7%       Santa Monica combined
beach cities  -28.5%       4 Beach Cities combined
90505         -25.8%       Torrance
90047         -22.3%       South Central
90275         -20.2%       Palos Verdes Estates
90250         -17.2%       Hawthorne  
90502         -15.9%       Torrance  
90504         -15.5%       Torrance  
90035         -14.1%       West Fairfax  
90717         -12.5%       Lomita  
90278         -10.2%       Redondo Beach (north)  
90277-90278    -8.0%       Redondo Beach combined  
90277          -5.2%       Redondo Beach (south)  
90301-90305    -3.2%       Inglewood/Lennox combined  
90249          -1.7%       Gardena  
90503           2.3%       Torrance  
90732           2.8%       San Pedro/Rancho PV  
90232           3.3%       Culver City  
90230           3.9%       Culver City  
90247           8.6%       Gardena  
90746          15.7%       Carson  
90744          18.7%       Wilmington   
90731          22.4%       San Pedro   
90260          25.0%       Lawndale   
90304          36.7%       Lennox   
90305          59.7%       Inglewood   
90745          69.6%       Carson   
90303         122.2%       Inglewood 

Relative Strength

This is a longer-term view of the strength of dollar volume in a given zip code. For this month 4.9 is the strongest (suffering the least amount of chronic pain) and -0.3 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           4.9  Playa Vista   
90247           2.9  Gardena   
90305           2.3  Inglewood   
90034           1.4  Palms   
90746           1.1  Carson   
90044           1.0  Athens   
90292           0.9  Marina del Rey   
90745           0.6  Carson   
90502           0.5  Torrance   
90304           0.5  Lennox   
90744           0.4  Wilmington   
90301-90305     0.4  Inglewood/Lennox combined   
90047           0.4  South Central   
90303           0.4  Inglewood   
90501           0.3  Torrance   
90007           0.3  South Central   
90249           0.3  Gardena   
90018           0.3  Jefferson Park   
90062           0.3  South Central   
90250           0.3  Hawthorne   
90016           0.2  West Adams   
90732           0.2  San Pedro/Rancho PV   
90302           0.2  Inglewood   
90064           0.2  Rancho Park/Cheviot Hills   
90232           0.2  Culver City   
90301           0.1  Inglewood   
90260           0.1  Lawndale   
90293           0.1  Playa del Rey   
90254           0.1  Hermosa Beach   
90043           0.1  Hyde Park, Windsor Hills   
90230           0.1  Culver City   
90503           0.0  Torrance   
90245           0.0  El Segundo   
90045           0.0  Westchester   
90291           0.0  Venice   
90019           0.0  Country Club Park/Mid City   
90501-90505     0.0  Torrance Combined   
90008           0.0  Baldwin Hills / Leimart Park   
90505          -0.1  Torrance   
90278          -0.1  Redondo Beach (north)   
SW county      -0.1  Southwest L.A. County   
90066          -0.1  Mar Vista   
90035          -0.1  West Fairfax   
90401-90405    -0.1  Santa Monica combined   
90037          -0.2  South Central   
90277-90278    -0.2  Redondo Beach combined   
90036          -0.2  Park La Brea   
90056          -0.2  Ladera Heights   
beach cities   -0.3  4 Beach Cities combined   
90277          -0.3  Redondo Beach (south)   
90275          -0.3  Palos Verdes Estates   
90504          -0.3  Torrance   
90731          -0.3  San Pedro   
90717          -0.3  Lomita   
90266          -0.3  Manhattan Beach   

3 Comments:

Blogger OC beach dude said...

Bearmaster, are you ever coming back here?

11:54 AM, July 19, 2009  
Blogger bearmaster said...

Hey redondo_beach_dude,

I have been busy with work and I've been out of the country for a few weeks. Yes, I was checking out the housing bubble in Ireland. It's bad.

I am still regularly gathering my data but don't know when in the near term I will be able to update my databases and records. The housing bubble is always on my mind.

6:21 AM, August 18, 2009  
Blogger Unknown said...

Any chance this blog will be become active again

6:10 PM, December 01, 2009  

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