Manhattan Beach Real Estate Market Update March 2014

MLS data shows a huge increase in the total number of homes sold in Manhattan Beach during the month of March.

03-2014   MB  sales  M-to-M

Even the year-over-year median sales price trended positive by almost 11% or, in dollar figures, by approximately $165K.

03-2014   MB  median sales price Y-to-Y

Also, evidence indicates despite a surge in new listings the sales/listing ratio continues to improve. This month it was 45.2%.

03-2014   MB  sales-listings ratio  M-to-M

Last, the year-over-year months of inventory analysis reveals a slight bump compared to 2013, but again the rise in total listings explains this movement.

03-2014   MB  months of inventory Y-to-Y

To get the complete Manhattan Beach market report for March please contact Hady at 310-404-5361 or click here to submit a request.

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