Manhattan Beach Real Estate Market Update July 2014

Data analysis reveals 36 residential properties sold in Manhattan Beach during the month of July, which brings the yearly total to 236.

07-2014   MB  sales  M-to-M

Of course, with all this activity nobody should be surprised to learn that the market median sales price improved by $25K in July with respect to June.

07-2014   MB  median sales price M-to-M

Despite the aforementioned, however, the sales/listing ratio dropped a few percentage points to 46.2%, which by most accounts is still a favorable conversion rate.

07-2014   MB  sales-listings ratio  M-to-M

Finally, a comparison of July 2013 & 2014 inventory numbers shows listings are trending almost equal; very little change in supply although demand is arguably much stronger this year.

07-2014   MB  months of inventory Y-to-Y

To get the complete Manhattan Beach market report for July please contact Hady at or click here to submit a request.

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