Posts Tagged ‘manhattan beach real estate market’

Manhattan Beach Real Estate Market Update May 2015

Tuesday, June 16th, 2015

From a month-to-month perspective, the Manhattan Beach real estate market saw a 16.1% spike in total sales in May.

05-2015   MB  sales  M-to-M

Equally impressive was the market median sales data point, which jumped 11.3% or $237.5K.

05-2015   MB  median sales price M-to-M

Although the sales/listing ratio remained steady at around 44%, this is partially explained by the 17.1% increase in listings.

05-2015   MB  sales-listings ratio  M-to-M

Finally, the year-over-year months of inventory data point reveals a 15% gain from May 2014 to May 2015.

05-2015   MB  months of inventory Y-to-Y

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

Manhattan Beach Real Estate Market Update April 2015

Tuesday, May 12th, 2015

Manhattan Beach real estate activity pushes forward in a positive direction with 31 closed escrows reported in April.

04-2015   MB  median sales price M-to-M

Not to disappoint the month-to-month market median sales price rose 24.3% to end the month $410K higher.

04-2015   MB  median sales price M-to-M

Analysis of the sales/listing ratio reveals marginal improvement of 0.2% compared to March.

04-2015   MB  sales-listings ratio  M-to-M

Last, the months of inventory data point remained stable year-over-year at 2.3.

04-2015   MB  months of inventory Y-to-Y

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

Manhattan Beach Real Estate Market Update March 2015

Saturday, April 18th, 2015

The Manhattan Beach real estate market demonstrated renewed interest in buying/selling activities during March as total sales jumped 78.9%.

03-2015   MB  sales  M-to-M

Trending slightly negative, however, was the market median sales price, which dropped just over 3%.

03-2015   MB  median sales price M-to-M

Regardless, the sales/listing ratio increased to 32.7% month-over-month to close out March at 44.2% overall.

03-2015   MB  sales-listings ratio  M-to-M

Finally, reviewing months of inventory year-over-year reveals the market is about par with 2014 stats.

03-2015   MB  months of inventory Y-to-Y

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

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