M A R K E T I N S I G H TR E P O R T

P U B L I S H E D D E C E M B E R , 2 0 1 5

Designed to give you a quick, complete overview of both current and past market conditions, this South Bay Market Insight report covers select regions in the South Bay and Greater Los Angeles regions.

M A R K E T I N S I G H T R E P O R T SB Y S H O R E W O O D R E A L T O R S

First , we research Year Over Year statist ics , compi led from careful ly col lected sales data.

Percent change—which was calculated by subtracting past value from current value, and dividing that product by past value—gives you a quick snapshot of how each micro-market has improved or worsened over the past year for that particular metric .

Yearly Median Price graph tracks the median price of properties for each month over the past year. The median price is not the same as average price; i t is the price of the property that fa l ls in the middle of the total number of properties for sale in that particular micro-market .

Key Stats section i l lustrates Median Sales Price, Average Sales Price of Closed Sales, List ings for Sale, List ings Under Contract , and Properties Sold.

On the next page you wi l l find an explanation of how each value was determined.

O F F I C E L O C A T I O N S

16 Malaga Cove Plaza

Palos Verdes Estates, CA 90274

310.698.1555

916 Manhattan Avenue

Manhattan Beach, CA 90266

310. 349. 3000

431 Main Street

El Segundo, CA 90245

310. 322.4900

2141 Rosecrans Avenue, Ste. 1 160

El Segundo, CA 90245

310. 349. 3000

3300 Highland Ave

Manhattan Beach, CA 90266

310.546.7561

1009 Torrance Boulevard

Redondo Beach, CA 90277

310. 316.8464

D E S C R I P T I O N S O F K E YM A R K E T I N D I C A T O R S

MEDIAN PRICE: Not to be confused with Average Price, Median Price is the price of the property that falls in the middle of the total number of properties for sale in that particular micro-market. Extremely high and extremely low prices do not affect the median the way they do the average.

AVERAGE PRICE PER SQUARE FOOT: Found by taking the price of each property and dividing that by its square footage, then finding the average for all properties sold in the area that month.

PROPERTIES SOLD: The number of properties that closed escrow and changed ownership during the month.

PROPERTIES UNDER CONTRACT: The number of properties that are in escrow.

PROPERTIES FOR SALE: The number of properties that are for sale on the market.

DAYS ON MARKET (CLOSED SALES): The average number of days that properties were on the market, from date of initial listing to date they entered escrow.

MONTHS SUPPLY OF INVENTORY: The number of months it would take for all the current homes for sale in that micro-market to sell if no new listings were added. This is calculated by dividing the total number of homes for sale in a particular month by the number of homes that sold in that month. Four to five months’ supply is average. A smaller number means there are more buyers than sellers; a larger number means more sellers than buyers. ABSORPTION RATE (CLOSED SALES): This is the rate at which properties sell. It is found by taking the number of properties sold and dividing it by the total number of properties for sale. This measures the inverse of Monthly Supply of Inventory and represents how much of the current active listings (as a percentage) are being absorbed (sold or pended) each month. The Absorption Rate is presented as a percentage (%) of the current inventory.

PERCENT UNDER CONTRACT: The ratio of properties for sale to properties pending sale.

AVERAGE MEDIAN PRICE: The Average Median Price for the Last 12 Months is sales data from 12 months ending in the identified month

LEGAL All reports are published December 2015, based on data available at the end of November 2015. All reports presented are based on data supplied by the CARETS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

1700 2184 28.47%838 1077 28.52%39 28 -28.21%18 18 0.00%35 52 48.57%44 66 50.00%0.9 1.9 111.11%

111.4 53.8 -51.71%

$1,984,615$2,319,769

521828

1553 1838 18.35%771 934 21.14%16 20 25.00%14 12 -14.29%18 25 38.89%64 58 -9.38%1.1 1.3 18.18%

88.9 80 -10.01%

$1,470,000$1,792,846

251220

880 963 9.43%525 553 5.33%45 26 -42.22%19 27 42.11%39 44 12.82%64 46 -28.13%0.9 1.7 88.89%

115.4 59.1 -48.79%

$937,846$1,047,692

442726

670 820 22.39%428 468 9.35%42 49 16.67%33 16 -51.52%37 28 -24.32%65 61 -6.15%0.9 0.6 -33.33%

113.5 175 54.19%

$810,000$825,000

281649

1200 1156 -3.67%518 529 2.12%33 42 27.27%27 28 3.70%

100 91 -9.00%84 62 -26.19%3 2.2 -26.67%

33 46.2 40.00%

$1,092,000$1,235,923

912842

1400 1610 15.00%622 686 10.29%

9 15 66.67%11 7 -36.36%48 45 -6.25%78 58 -25.64%5.3 3 -43.40%

18.8 33.3 77.13%

$1,681,462$2,132,000

457

15

812 773 -4.80%440 444 0.91%25 24 -4.00%20 24 20.00%38 29 -23.68%61 54 -11.48%1.5 1.2 -20.00%

65.8 82.8 25.84%

$783,769$771,385

292424

601 805 33.94%394 425 7.87%20 26 30.00%16 18 12.50%29 25 -13.79%70 53 -24.29%1.5 1 -33.33%69 104 50.72%

$679,000$675,308

251826

735 999 35.92%475 526 10.74%13 9 -30.77%13 6 -53.85%12 12 0.00%76 69 -9.21%0.9 1.3 44.44%

108.3 75 -30.75%

$883,077$903,692

1269

516 510 -1.16%364 381 4.67%33 31 -6.06%20 30 50.00%66 33 -50.00%49 51 4.08%2 1.1 -45.00%

50 93.9 87.80%

$503,615$515,308

333031

1553 1838 18.35%771 934 21.14%16 20 25.00%14 12 -14.29%18 25 38.89%64 58 -9.38%1.1 1.3 18.18%

88.9 80 -10.01%

$1,470,000$1,792,846

251220

1623 2218 36.66%952 872 -8.40%28 8 -71.43%8 8 0.00%

132 62 -53.03%67 79 17.91%4.7 7.8 65.96%

21.2 12.9 -39.15%

$2,166,000$3,960,154

6288

955 999 4.61%605 660 9.09%35 20 -42.86%12 16 33.33%66 40 -39.39%60 61 1.67%1.9 2 5.26%53 50 -5.66%

$1,163,154$1,286,923

401620

2925 2500 -14.53%1107 1226 10.75%

59 39 -33.90%23 33 43.48%

319 160 -49.84%98 68 -30.61%5.4 4.1 -24.07%

18.5 24.4 31.89%

$2,397,846$4,065,923

1603339

3225 2103 -34.79%770 900 16.88%27 12 -55.56%10 9 -10.00%

155 71 -54.19%110 84 -23.64%5.7 5.9 3.51%

17.4 16.9 -2.87%

$2,577,231$3,612,615

719

12

775 810 4.52%525 604 15.05%40 24 -40.00%13 17 30.77%47 30 -36.17%42 63 50.00%1.2 1.3 8.33%

85.1 80 -5.99%

$937,538$1,045,000

301724

1775 1478 -16.73%799 1022 27.91%79 31 -60.76%29 40 37.93%

133 100 -24.81%57 59 3.51%1.7 3.2 88.24%

59.4 31 -47.81%

$1,362,077$2,173,154

1004031

596 692 16.11%406 427 5.17%81 73 -9.88%54 47 -12.96%

108 73 -32.41%59 50 -15.25%1.3 1 -23.08%75 100 33.33%

$621,462$658,769

734773

1675 1623 -3.10%672 783 16.52%

9 5 -44.44%7 4 -42.86%

13 12 -7.69%41 31 -24.39%1.4 2.4 71.43%

69.2 41.7 -39.74%

$1,703,385$1,754,846

1245

708 808 14.12%489 597 22.09%62 48 -22.58%38 28 -26.32%73 23 -68.49%44 51 15.91%1.2 0.5 -58.33%

84.9 208.7 145.82%

$677,000$752,154

232848

678 652 -3.83%396 433 9.34%80 56 -30.00%46 55 19.57%

156 107 -31.41%72 54 -25.00%2 1.9 -5.00%

51.3 52.3 1.95%

$711,154$1,022,231

1075556

408 415 1.72%292 337 15.41%22 15 -31.82%16 15 -6.25%30 43 43.33%86 59 -31.40%1.4 2.9 107.14%

73.3 34.9 -52.39%

$417,231$442,077

431515

708 696 -1.69%424 512 20.75%16 22 37.50%13 12 -7.69%26 26 0.00%43 58 34.88%1.6 1.2 -25.00%

61.5 84.6 37.56%

$694,385$733,692

261222

1231 419 -65.96%834 548 -34.29%

2 2 0.00%0 1 #DIV/0!3 2 -33.33%

58 33 -43.10%1.5 1 -33.33%

66.7 100 49.93%

$750,769$750,769

212

626 670 7.03%469 511 8.96%31 19 -38.71%14 21 50.00%59 54 -8.47%

113 63 -44.25%1.9 2.8 47.37%

52.5 35.2 -32.95%

$754,769$856,000

542119

626 670 7.03%469 511 8.96%31 19 -38.71%14 21 50.00%59 54 -8.47%

113 63 -44.25%1.9 2.8 47.37%

52.5 35.2 -32.95%

$754,769$856,000

542119

415 463 11.57%326 325 -0.31%17 14 -17.65%9 8 -11.11%

19 22 15.79%60 95 58.33%1.1 1.6 45.45%

89.5 63.6 -28.94%

$450,308$442,231

228

14

2150 2600 20.93%901 1241 37.74%53 25 -52.83%24 23 -4.17%

386 208 -46.11%136 124 -8.82%7.3 8.3 13.70%

13.7 12 -12.41%

$2,074,538$2,936,923

2082325

760 884 16.32%543 548 0.92%66 26 -60.61%17 22 29.41%98 49 -50.00%68 61 -10.29%1.5 1.9 26.67%

67.3 53.1 -21.10%

$915,231$1,110,154

492226

477 570 19.50%305 382 25.25%52 40 -23.08%32 43 34.38%

100 72 -28.00%81 53 -34.57%1.9 1.8 -5.26%52 55.6 6.92%

$505,077$543,846

724340

470 610 29.79%380 387 1.84%39 14 -64.10%19 15 -21.05%72 44 -38.89%79 59 -25.32%1.8 3.1 72.22%

54.2 31.8 -41.33%

$524,692$557,077

441514

533 584 9.57%375 391 4.27%32 32 0.00%24 23 -4.17%81 60 -25.93%57 64 12.28%2.5 1.9 -24.00%

39.5 53.3 34.94%

$541,692$609,846

602332

1930 2595 34.46%821 920 12.06%35 29 -17.14%16 16 0.00%

124 77 -37.90%55 83 50.91%3.5 2.7 -22.86%

28.2 37.7 33.69%

$2,435,615$2,932,077

771629

919 975 6.09%585 668 14.19%77 43 -44.16%36 31 -13.89%82 31 -62.20%61 57 -6.56%1.1 0.7 -36.36%

93.9 138.7 47.71%

$1,015,846$1,096,231

313143

509 650 27.70%497 510 2.62%20 11 -45.00%8 6 -25.00%

31 18 -41.94%72 36 -50.00%1.6 1.6 0.00%

64.5 61.1 -5.27%

$597,615$824,769

186

11

753 1242 64.94%496 666 34.27%12 4 -66.67%8 5 -37.50%9 7 -22.22%

93 35 -62.37%0.8 1.8 125.00%

133.3 57.1 -57.16%

$887,308$1,037,308

754

313 355 13.42%261 267 2.30%14 11 -21.43%15 16 6.67%27 25 -7.41%81 39 -51.85%1.9 2.3 21.05%

51.9 44 -15.22%

$353,385$349,308

251611

730 654 -10.41%400 398 -0.50%30 28 -6.67%18 25 38.89%75 61 -18.67%55 57 3.64%2.5 2.2 -12.00%40 45.9 14.75%

$674,462$715,538

612528

2035 2139 5.11%831 833 0.24%

8 11 37.50%2 6 200.00%

26 33 26.92%38 46 21.05%3.3 3 -9.09%

30.8 33.3 8.12%

$2,277,308$2,557,308

336

11

463 498 7.56%319 352 10.34%41 62 51.22%43 35 -18.60%

134 106 -20.90%72 74 2.78%3.3 1.7 -48.48%

30.6 58.5 91.18%

$459,000$493,154

1063562

226 325 43.81%107 134 25.23%

1 5 400.00%2 3 50.00%

17 8 -52.94%175 64 -63.43%17 1.6 -90.59%5.9 62.5 959.32%

$279,308$282,231

835

667 815 22.19%426 445 4.46%117 77 -34.19%52 54 3.85%

174 131 -24.71%63 62 -1.59%1.5 1.7 13.33%

67.2 58.8 -12.50%

$726,077$904,462

1315477

735 904 22.99%460 457 -0.65%

9 18 100.00%13 8 -38.46%21 15 -28.57%70 59 -15.71%2.3 0.8 -65.22%

42.9 120 179.72%

$884,231$936,923

158

18

915 970 6.01%457 527 15.32%45 47 4.44%27 34 25.93%

128 98 -23.44%61 58 -4.92%2.8 2.1 -25.00%

35.2 48 36.36%

$936,231$1,071,154

983447

380 443 16.58%301 335 11.30%14 20 42.86%16 7 -56.25%27 21 -22.22%58 44 -24.14%1.9 1.1 -42.11%

51.9 95.2 83.43%

$447,538$466,692

217

20

710 645 -9.15%411 504 22.63%21 9 -57.14%7 5 -28.57%

27 19 -29.63%54 52 -3.70%1.3 2.1 61.54%

77.8 47.4 -39.07%

$703,615$947,462

1959

1652 1600 -3.15%909 1049 15.40%39 21 -46.15%9 12 33.33%

102 62 -39.22%62 50 -19.35%2.6 3 15.38%

38.2 33.9 -11.26%

$1,611,615$1,794,769

621221

754 815 8.09%704 839 19.18%58 37 -36.21%29 30 3.45%

140 70 -50.00%55 67 21.82%2.4 1.9 -20.83%

41.4 52.9 27.78%

$689,077$865,000

703037

715 830 16.08%555 566 1.98%27 35 29.63%22 22 0.00%34 26 -23.53%56 64 14.29%1.3 0.7 -46.15%

79.4 134.6 69.52%

$765,308$812,077

262235

800 965 20.63%538 514 -4.46%

9 9 0.00%2 7 250.00%8 5 -37.50%

49 58 18.37%0.9 0.6 -33.33%

112.5 180 60.00%

$854,231$877,231

579