Posts Tagged ‘manhattan beach real estate market’

Manhattan Beach Real Estate Market Update October 2014

Tuesday, November 11th, 2014

Manhattan Beach real estate market was considerably active in October with 40 sales recorded.

10-2014   MB  median sales price M-to-M

Moving in the same direction was the market median sales price, which increased $397.5K or by more than 23%.

10-2014   MB  median sales price M-to-M

This positive trending pattern continued with the sales/listing ratio, which rose to 51.9% in October from 36% the month previous.

10-2014   MB  sales-listings ratio  M-to-M

Last, the year-over-year months of inventory held relatively stable with 2.0 reported in 2013 compared to 1.9 in 2014.

10-2014   MB  months of inventory Y-to-Y

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

Manhattan Beach Real Estate Market Update September 2014

Wednesday, October 8th, 2014

During the month of September real estate activity in Manhattan Beach slowed a bit with 12 less sales reported compared to the previous month.

09-2014   MB  sales  M-to-M

Although the monthly market median sales price remained strong, this figure also trended downward by $190K.

09-2014   MB  median sales price M-to-M

Also trending slightly off pace was the sales/listing ratio, which dropped to 36%.

09-2014   MB  sales-listings ratio  M-to-M

Finally, the year-over-year months of inventory increased by about 29% from 2.2 months in 2013 to 2.8 months in 2014.

09-2014   MB  months of inventory Y-to-Y

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

Manhattan Beach Real Estate Market Update August 2014

Tuesday, September 9th, 2014

According to the MLS, real estates sales activity in Manhattan Beach during August increased by about 8.3%.

08-2014   MB  sales  M-to-M

The trending average market median sales price for the last 3 months is $1,910,000, with August posting a respectable $1,900,000 figure.

08-2014   MB  median sales price M-to-M

To no surprise the sales/listing ratio also improved from 46.2% in July to 51.3% in August.

08-2014   MB  sales-listings ratio  M-to-M

Last, the year-over-year months of inventory for August remained steady at 2.0.

08-2014   MB  months of inventory Y-to-Y

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

Manhattan Beach Real Estate Market Update July 2014

Friday, August 8th, 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.

Manhattan Beach Real Estate Market Update June 2014

Thursday, July 17th, 2014

Overall, Manhattan Beach real estate sales activity trended relatively consistent during the last few months months with 45 closed escrows in April, 43 in May, and 42 in June.

06-2014   MB  sales  M-to-M

Accordingly, the month-to-month market median sales price remains fairly strong with $1.902 million reported by the MLS.

06-2014   MB  median sales price M-to-M

Reinforcing previous stats the sales/listing ratio for June came in at 50.6%, which is exactly the same number produced during May.

06-2014   MB  sales-listings ratio  M-to-M

Last, the year-over-year months of inventory analysis shows property listings moved approximately 26% faster in June 2014 when compared to June 2013.

06-2014   MB  months of inventory Y-to-Y