Hollywood Rivera Market Stats are Stable and Strong as the rest of the South Bay

Date	4/07	5/07	6/07	7/07	8/07	9/07	10/07	11/07	12/07	1/08	2/08	3/08	4/08	5/08	6/08
For Sale	26	30	34	32	28	27	33	30	22	24	24	21	28	33	34
Sold	11	9	8	12	12	8	3	3	4	7	4	3	5	6	4
Pended	10	3	13	9	8	2	3	6	5	4	3	9	4	5	5
Months of Inventory based on Closed Sales	2.4	3.3	4.3	2.7	2.3	3.4	11.0	10.0	5.5	3.4	6.0	7.0	5.6	5.5	8.5
Months of Inventory based on Pended Sales	2.6	10.0	2.6	3.6	3.5	13.5	11.0	5.0	4.4	6.0	8.0	2.3	7.0	6.6	6.8
Avg. Active Price	1314	1330	1245	1429	1327	1323	1414	1393	1308	1270	1213	1293	1250	1334	1301
Avg. Sld Price	1228	1112	1071	1275	1131	1124	1000	983	1134	1134	1128	1286	1221	1216	952
Avg. Sq. Ft. Price	565	531	587	577	579	719	614	553	563	548	615	613	576	577	540
Sold/List Diff. %	99	97	98	100	99	98	98	96	95	97	98	94	94	99	98
Days on Market	19	48	43	19	28	25	110	74	88	54	22	118	70	42	50

The average number of homes for sale is on the increase but the prices are remaining strong. Average price per square foot in 2007 was 565 sq.ft reaching a high of $719. a sq. ft. in 8/07 and then a recent 577 and 540 a square foot in May and June of this year. The market of Hollywood Rivera had 34 homes for sale last month and 4 are currently in escrow and 5 have sold and closed escrow.If you want a current market analysis of your home or a list of homes for sale to view, please give me a call.

Happy House Hunting

Posted Saturday Jul 26

Mary Thomas PV,Torr,Beach Cities,Pas,Realtor & more*
Torrance, Palos Verdes, Redondo Beach,Pasadena,Arcada & Mon

Mary Thomas PV,Torr,Beach Cities,Pas,Realtor & more*: Real Estate Agent in Palos Verdes Estates, CA

Office: (310) 946-2205

Mobile: (310) 946-2205
Secondary: (310) 946-2205

Whether you are buying or selling a property in South Bay or beyond, our goal is to provide you with the resources and tools you need to make a smart and stress free real estate investment.