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January 2014 Manhattan Beach Real Estate Market Trends Update
 

January 2014 Manhattan Beach Real Estate Market Trends Update

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Manhattan Beach real estate statistics and analysis for January 2014. Includes homes sales, listings and historical performance on a month to month and year over year basis.

Manhattan Beach real estate statistics and analysis for January 2014. Includes homes sales, listings and historical performance on a month to month and year over year basis.

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    January 2014 Manhattan Beach Real Estate Market Trends Update January 2014 Manhattan Beach Real Estate Market Trends Update Presentation Transcript

    • Manhattan Beach Residential Real Estate Market Conditions January 2014
    • 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 Table of Contents Listings 2014 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
    • Key Statistics for January Monthly Comparison Year-to-Year Total Sales Median Sales Price Median Days to Sell Listings Months of Inventory Jan 2013 22 1,456,500 75 63 2.9 Jan 2014 15 2,152,000 34 45 3 Delta -7 695,500 -41 -18 0.1 Delta -31.8% 47.8% -54.7% -28.6% 3.4% Increase Decrease = trending positive Back to Table of Contents = trending positive = trending negative = trending negative
    • 2014 Residential Sales by Map Area Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Total Sales Jan 4 3 1 2 2 3 15 YTD 4 3 1 2 2 3 15 2014 Residential Sales Statistics: January 4 3.5 3 Manhattan Bch Sand Manhattan Bch Tree 2.5 Manhattan Bch Hill Manhattan Village 2 Manhattan Bch Heights/Lib Vlg 1.5 Manhattan Bch Mira Costa 1 0.5 0 Jan Back to Table of Contents
    • 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 Total Sales 2012 6 6 1 1 1 2 17 2013 14 4 2 0 1 1 22 2014 4 3 1 2 2 3 15 Total Sales by Map Area: Year-to-Year for January 14 12 10 Manhattan Bch Sand 8 Manhattan Bch Tree Manhattan Bch Hill 6 Manhattan Village Manhattan Bch Heights/Lib Vlg 4 Manhattan Bch Mira Costa 2 0 2012 Back to Table of Contents 2013 2014
    • 2014 Median Sale Price by Map Area Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Market Median Sale Price Jan 3,075,000 2,135,000 2,300,000 918,750 1,820,000 1,900,000 2,152,000 2014 Median Sale Price Statistics: January 3,500,000 3,000,000 Manhattan Bch Sand 2,500,000 Manhattan Bch Tree Manhattan Bch Hill 2,000,000 Manhattan Village Manhattan Bch Heights/Lib Vlg 1,500,000 Manhattan Bch Mira Costa Market Median Sale Price 1,000,000 500,000 Jan Back to Table of Contents
    • Median Sale Price 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 Market Median Sale Price 2012 2,203,500 1,356,250 2,666,250 1,400,000 672,500 782,000 1,450,000 2013 1,800,000 1,199,750 1,029,750 1,385,000 1,852,222 1,456,500 2014 3,075,000 2,135,000 2,300,000 918,750 1,820,000 1,900,000 2,152,000 Median Sale Price by Map Area: Year-to-Year for January 3,500,000 3,000,000 2,500,000 Manhattan Bch Sand Manhattan Bch Tree 2,000,000 Manhattan Bch Hill Manhattan Village 1,500,000 Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa 1,000,000 Market Median Sale Price 500,000 2012 Back to Table of Contents 2013 2014
    • 2014 Active Listings by Map Area 16 14 12 10 Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa 8 6 4 2 Jan 2014 Active Listings/Total Sales by Map Area Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Total Active Listings Back to Table of Contents Feb Jan 15 10 5 7 8 45 Mar Feb Apr Mar May Apr Jun May Jul Jun Aug Jul Sep Aug Sep Oct Nov Oct Nov Dec Dec
    • 2014 Total Active Listings vs. Total Sales 45 40 35 30 25 Total Active Listings Total Sales 20 15 10 5 Jan Feb Mar Apr 2014 Active Listings/Total Sales by Map Area Jan Feb 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 Listings 45 Total Sales 15 Sales/Listings Ratio 33.3% Back to Table of Contents May Mar Apr Jun May Jul Jun Aug Sep Jul Aug Oct Sep Nov Oct Dec Nov Dec
    • Active Listings 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 Total Active Listings 2012 48 21 13 6 5 23 116 2013 28 8 4 3 3 17 63 2014 15 10 5 0 7 8 45 Active Listings by Map Area: Year-to-Year for January 50 45 40 35 Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa 30 25 20 15 10 5 0 2012 Back to Table of Contents 2013 2014
    • 2014 Months of Inventory by Map Area 5.0 4.5 4.0 3.5 3.0 Manhattan Bch Sand Manhattan Bch Tree 2.5 Manhattan Bch Hill 2.0 Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa 1.5 1.0 0.5 Jan 2014 Months of Inventory by Map Area Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Back to Table of Contents Jan 3.8 3.3 5.0 3.5 2.7 Feb Feb Mar Mar Apr Apr May May Jun Jun Jul Aug Jul Sep Aug Oct Sep Nov Oct Dec Nov Dec
    • Months of Inventory: Year-to-Year 7.0 6.0 5.0 4.0 2012 2013 2014 3.0 2.0 1.0 Jan Feb Months of Inventory: Year-to-Year 2012 2013 2014 Back to Table of Contents Mar Apr Jan 6.8 2.9 3.0 May Feb 6.1 3.4 Jun Mar 2.4 2.0 Apr 2.6 1.7 Jul Aug May 2.8 1.8 Jun 2.9 2.5 Sep Jul 3.0 2.1 Oct Aug 2.4 2.0 Sep 4.1 2.2 Nov Oct 3.2 2.0 Dec Nov 2.1 1.5 Dec 1.9 0.8
    • Outlook for February Data 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 can negatively affect performance figures. Are you interested in selling? Or, perhaps buying? If so, give me a call today and let’s discuss how I can be of service to you. With this in mind, the recap is… Back to Table of Contents
    • About the Mother & Son South Bay Real Estate Team…  Serving South Bay Home Buyers and Sellers Since 1989  RE/MAX Top 4 Team in California – 2012  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 Back to Table of Contents
    • Hassana Chahine  hassana@hhcrealestate.com  310-756-8949 Hady Chahine  hady@hhcrealestate.com  310-404-5361 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/ The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for 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. Back to Table of Contents