Manhattan Beach Real Estate Market Conditions - January 2014

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Manhattan BeachResidential Real Estate

Market ConditionsJanuary 2014


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Table ofContents

Key Statistics for January

Sales

2014 Residential Sales Stats

Year-to-Year Total Sales by Map Area

Median

2014 Median Sales Stats

Year-to-Year Median Sales by Map Area

Listings2014 Active Listings by Map Area

2014 Total Active Listings vs. Total Sales

Year-to-Year Active Listings by Map Area

Inventory

2014 Months of Inventory by Map Area

Year-to-Year Months of Inventory

Outlook for February

About the Mother & Son South Bay Real Estate Team

Contact Information


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Key Statistics for January

Back to Table of Contents

= trending positive = trending positive

= trending negative = trending negative

Monthly Comparison Year-to-Year Jan 2013 Jan 2014 Delta Delta Increase DecreaseTotal Sales 22 15 -7 -31.8%

Median Sales Price 1,456,500 2,152,000 695,500 47.8%

Median Days to Sell 75 34 -41 -54.7%

Listings 63 45 -18 -28.6%

Months of Inventory 2.9 3 0.1 3.4%


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2014 Residential Sales by Map Area Jan YTD

Manhattan Bch Sand 4 4

Manhattan Bch Tree 3 3

Manhattan Bch Hill 1 1

Manhattan Village 2 2

Manhattan Bch Heights/Lib Vlg 2 2

Manhattan Bch Mira Costa 3 3Total Sales 15 15

0

0.5

1

1.5

2

2.5

3

3.5

4

Jan

2014 Residential Sales Statistics: January

Manhattan Bch Sand

Manhattan Bch Tree

Manhattan Bch Hill

Manhattan Village

Manhattan Bch Heights/Lib VlgManhattan Bch Mira Costa


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Sales by Map Area: Year-to-Year for January 2012 2013 2014

Manhattan Bch Sand 6 14 4

Manhattan Bch Tree 6 4 3

Manhattan Bch Hill 1 2 1

Manhattan Village 1 0 2

Manhattan Bch Heights/Lib Vlg 1 1 2

Manhattan Bch Mira Costa 2 1 3Total Sales 17 22 15

0

2

4

6

8

10

12

14

2012 2013 2014

Total Sales by Map Area: Year-to-Year for January

Manhattan Bch Sand

Manhattan Bch Tree

Manhattan Bch Hill

Manhattan Village

Manhattan Bch Heights/Lib Vlg

Manhattan Bch Mira Costa


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2014 Median Sale Price by Map Area Jan

Manhattan Bch Sand 3,075,000

Manhattan Bch Tree 2,135,000

Manhattan Bch Hill 2,300,000

Manhattan Village 918,750

Manhattan Bch Heights/Lib Vlg 1,820,000

Manhattan Bch Mira Costa 1,900,000Market Median Sale Price 2,152,000

-

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

Jan

2014 Median Sale Price Statistics: January

Manhattan Bch Sand

Manhattan Bch Tree

Manhattan Bch Hill

Manhattan Village


Manhattan Bch Mira CostaMarket Median Sale Price


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2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Manhattan Bch Sand 15

Manhattan Bch Tree 10

Manhattan Bch Hill 5

Manhattan Village -

Manhattan Bch Heights/Lib Vlg 7

Manhattan Bch Mira Costa 8

Total Active Li stings 45

-

2

4

6

8

10

12

14

16

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2014 Active Listings by Map Area

Manhattan Bch Sand

Manhattan Bch Tree

Manhattan Bch Hill

Manhattan Village





2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Manhattan Bch Sand 15

Manhattan Bch Tree 10

Manhattan Bch Hill 5

Manhattan Village -

Manhattan Bch Heights/Lib Vlg 7

Manhattan Bch Mira Costa 8

Total Active Li stings 45

Total Sales 15

Sales/Listings Ratio 33.3%

-

5

1015

20

25

30

35

40

45


2014 Total Active Listings vs. Total Sales

Total Active Listings

Total Sales



Active Listings by Map Area: Year-to-Year for January 2012 2013 2014

Manhattan Bch Sand 48 28 15

Manhattan Bch Tree 21 8 10

Manhattan Bch Hill 13 4 5

Manhattan Village 6 3 0

Manhattan Bch Heights/Lib Vlg 5 3 7

Manhattan Bch Mira Costa 23 17 8Total Active Listings 116 63 45

0

5

10

15

20

25

30

35

40

45

50

2012 2013 2014

Active Listings by Map Area: Year-to-Year for January

Manhattan Bch Sand

Manhattan Bch Tree

Manhattan Bch Hill

Manhattan Village





2014 Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Manhattan Bch Sand 3.8

Manhattan Bch Tree 3.3

Manhattan Bch Hill 5.0

Manhattan Village -

Manhattan Bch Heights/Lib Vlg 3.5

Manhattan Bch Mira Costa 2.7

-

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0


2014 Months of Inventory by Map Area

Manhattan Bch Sand

Manhattan Bch Tree

Manhattan Bch Hill

Manhattan Village





Months of Inventory: Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2012 6.8 6.1 2.4 2.6 2.8 2.9 3.0 2.4 4.1 3.2 2.1 1.9

2013 2.9 3.4 2.0 1.7 1.8 2.5 2.1 2.0 2.2 2.0 1.5 0.8

2014 3.0

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0


Months of Inventory: Year-to-Year

2012

2013

2014


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Outlook for FebruaryData analysis of Manhattan Beach real estate activity for January 2014 relative to the same time last

year revealed a 47.8% increase in the median sales price and about a 55% reduction in the median days

to sale. Trending downward was total sales, listings, and months of inventory. Looking forward to

February, it is anticipated the market will produced similar results given the cost to borrow money

remains comparatively inexpensive. However, the impending tax season is one caveat that cannegatively affect performance figures.

Are you interested in selling? Or, perhaps buying? If so, give me a call today and lets discuss how I can

be of service to you.

With this in mind, the recap is



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About the Mother & Son

South Bay Real Estate Team

Serving South Bay Home Buyers and Sellers Since 1989

RE/MAX Top 4 Team in California2012

RE/MAX 100% Club - 2011

Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010

Shorewood Realtors Top Producing Agent (Hassana 1989-2001)

ABR, RS, GRI, BPOR, SBAOR, CAR, NAR, IRES



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any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet

Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy

of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal

inspection by and/or with the appropriate professionals.

Website: http://HHCRealEstate.com

Listings: http://HHCRealEstate.com/featured-south-bay-homes

MLS: http://HHCRealEstate.com/south-bay-mls-real-estate-listings

Blog: http://HHCRealEstate.com/real-estate-news/

Hady Chahine [email protected] 310-404-5361

Hassana Chahine [email protected]

310-756-8949

http://hhcrealestate.com/http://hhcrealestate.com/featured-south-bay-homeshttp://hhcrealestate.com/south-bay-mls-real-estate-listingshttp://hhcrealestate.com/real-estate-news/http://hhcrealestate.com/real-estate-news/http://hhcrealestate.com/south-bay-mls-real-estate-listingshttp://hhcrealestate.com/featured-south-bay-homeshttp://hhcrealestate.com/

Manhattan Beach Real Estate Market Conditions - January 2014

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