Phil McCollum's Long Beach Real Estate Information Portal

All the Data You Need is Here...

"It's Important to Understand Local Market Trends Before You Buy or Sell Your Home"

Data Extracted from the Multi-Region MLS

Single Family Residence Properties

Palos Verdes Details Condo

Including the cities of Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, and Palos Verdes Estates.

Beach Cities Details Condo

Including the cities of Manhattan Beach, Redondo Beach, and Hermosa Beach

Torrance Details Condo

Selling Price Percent Change - SFR

Carson Details Condo

Long Beach Details Condo

Market Data

To obtain a realistic picture of the local marketplace, I've extracted sold property data for thousands of single family residence (SFR) and condo/townhouse properties.

I've selected data from five cities to represent properties priced on the high end of the local range, moderate home prices, and the lower range of prices. Data from the following cities are presented:

Cities of Palos Verdes (High End Prices)

Beach Cities (High End Prices)

Torrance (Moderate-High Prices)

Carson (Low End Prices)

Long Beach (All Price Ranges Included)

Charts are presented for five parameters of interest, covering activity over the past 12-18 months:

- Selling Price Percent Change

- Selling Price Per Square Foot

- Selling Price / Listing Price Ratio

- Sales Rate

- Days on Market

The charts present a rolling average of the most recent sales at each point in time. Small up and down movements are expected since the rolling average can easily be influenced by a high or low priced home sale. The broad trend is what to look for in the charts.

Selling Price Percentage Change gives the change in price relative to a fixed point in time to indicate the magnitude of price movement in a percentage basis. This allows trends to be compared for different cities. The baseline for the charts presented here is January 2008.

Selling Price Per Square Foot is offered to show in dollars how prices are moving. By looking at trends, it is possible to get a good sense of what is happening to home prices for the area.

Selling Price / Listing Price Ratio compares selling price with the original listing price and provides a measure of how close to the desired target price the selling is getting. For broad market analysis, it gives an indication of whether home buyers are bidding up the prices of homes (when the ratio moves closer to 1.0) or negotiating better deals.

Sales Rate is the number of properties sold in a 30-day period and is a good measure of the activity level within the marketplace. Since markets (cities) can be different sizes, the data is best used by comparing current sales rate to previous sales rate to determine if activity is increasing or decreasing.

Days on Market is the number of active days from listing to close of escrow, and is another measure of activity. When considered for a broad area in this way the day on market gives a good indicator whether it is easy or difficult to get a property sold relative to past performance.

Phil McCollum realtor in Southern California

Phil McCollum's Real Estate Information Portal

Phil McCollum realtor in Southern California contact info ==>562.225.5234

Serving the communities of the South Bay and Long Beach, including Rolling Hills, Rolling Hills Estates, Palos Verdes Estates, Rancho Palos Verdes, Torrance, San Pedro, Carson, Hermosa Beach, Redondo Beach, Manhattan Beach, Long Beach, Lakewood, and Signal Hill.

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of properties provided by the seller or obtained from Public Records or other sources as presented in this website. Interested parties are advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Information herein deemed reliable but not guaranteed.