Posts Tagged ‘manhattan beach real estate market’

Manhattan Beach Real Estate Market Update February 2015

Tuesday, March 17th, 2015

The Manhattan Beach real estate market recorded 19 sales in February, which is 9.5% off pace compared to January.

02-2015   MB  sales  M-to-M

However, despite the aforementioned the market median sales price jumped $115K from $1.635M in January to $1.75M in February.

02-2015   MB  median sales price M-to-M

Overall the sales/listing ratio for February was respectable at 33.3% compared to 38.2% produced in January.

02-2015   MB  sales-listings ratio  M-to-M

Finally, the months of inventory ticked up slightly from 2.6 in January to 3.0 in February.

02-2015   MB  months of inventory Y-to-Y

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

Manhattan Beach Real Estate Market Update January 2015

Monday, February 16th, 2015

With 21 properties sold in Manhattan Beach during January the real estate market is setting the stage for what many anticipate to be a strong year for home sales.

01-2015   MB  sales  M-to-M

In support of this argument is the market median sales price, which per MLS data reached $1.635 million this month.

01-2015   MB  median sales price M-to-M

The sales/listings ratio, however, requires some improvement given numbers posted to get this year started came in at 38.2%.

01-2015   Torrance  sales listing ratio  M-to-M

Though, since housing inventory year-over-year has dropped it stands to explain the sales/listings ratio as more reasonable than first thought.

01-2015   MB  months of inventory Y-to-Y

Manhattan Beach Real Estate Market Update December 2014

Tuesday, January 13th, 2015

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.

Manhattan Beach Real Estate Market Update November 2014

Friday, December 19th, 2014

Sales activity for the Manhattan Beach real estate market in November ended positive with 35 recorded transactions.

11-2014   MB  sales  M-to-M

The good news continues with the median market sales price, which increased approximately $93K to $2.2 million compared to October’s figures.

11-2014   MB  median sales price M-to-M

Also trending favorably is the sales/listing ratio, which jumped almost 25% from the month previous to end at 64.8%.

11-2014   MB  sales-listings ratio  M-to-M

Finally, according the MLS, the months of inventory stat reveals buyer demand for residential properties remains strong.

11-2014   MB  months of inventory Y-to-Y

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

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.