Manhattan Beach Real Estate Market Update December 2014

Sales activity for the Manhattan Beach real estate market held strong with 35 net property transfers recorded for December.

12-2014   MB  sales  M-to-M

However, the market median sales price did drop by over $400K month-over-month.

12-2014   MB  median sales price M-to-M

Still, the sales/listing ratio, which improved to 87.5% in December from 64.8% in November, reveals a healthy supply/demand relationship.

12-2014   MB  sales-listings ratio  M-to-M

Finally, the months of inventory from a year-over-year perspective indicates properties continue to move fairly quickly (relatively speaking) once listed.

12-2014   MB  months of inventory Y-to-Y

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

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