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April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
April 2014 Manhattan Beach Real Estate Market Trends Update
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April 2014 Manhattan Beach Real Estate Market Trends Update

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

Published in: Real Estate, Business
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  • 1. Manhattan Beach Residential Real Estate Market Conditions April 2014
  • 2. Table of Contents Key Statistics for April 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 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 May About the Mother & Son South Bay Real Estate Team Contact Information
  • 3. Key Statistics for April Back to Table of Contents = trending positive = trending positive = trending negative = trending negative Month-to-Month Comparison Mar 2014 Apr 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 33 45 12 36.4% Median Sales Price 1,717,000 1,850,000 133,000 7.7% Median Days to Sell 26 26 0 0.0% Listings 73 88 15 20.5% Sales/Listing Ratio 45.2% 51.1% 0.059 13.1% Months of Inventory 2.2 2 -0.2 -9.1% Monthly Comparison Year-to-Year Apr 2013 Apr 2014 Delta Delta Increase Decrease Total Sales 45 45 0 0.0% Median Sales Price 1,725,000 1,850,000 125,000 7.2% Median Days to Sell 26 26 0 0.0% Listings 75 88 13 17.3% Months of Inventory 1.7 2 0.3 17.6%
  • 4. Back to Table of Contents 0 5 10 15 20 25 30 35 40 45 Feb Mar Apr 2014 Total Sales Month-to-Month 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 Total Sales Month-to-Month by Map Area Feb Mar Apr Manhattan Bch Sand 11 7 12 Manhattan Bch Tree 4 9 11 Manhattan Bch Hill 2 4 9 Manhattan Village 0 2 1 Manhattan Bch Heights/Lib Vlg 2 5 6 Manhattan Bch Mira Costa 3 6 6 Total Sales 22 33 45
  • 5. Back to Table of Contents Total Sales Year-to-Year by Map Area 2012 2013 2014 Manhattan Bch Sand 21 18 12 Manhattan Bch Tree 12 13 11 Manhattan Bch Hill 5 1 9 Manhattan Village 2 3 1 Manhattan Bch Heights/Lib Vlg 3 5 6 Manhattan Bch Mira Costa 4 5 6 Total Sales 47 45 45 0 5 10 15 20 25 30 35 40 45 50 2012 2013 2014 Total Sales Year-to-Year 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
  • 6. Back to Table of Contents Median Sales Price Month-to-Month by Map Area Feb Mar Apr Manhattan Bch Sand 2,005,000 1,979,000 2,297,500 Manhattan Bch Tree 2,181,000 1,717,000 1,805,000 Manhattan Bch Hill 2,157,500 3,725,000 1,930,000 Manhattan Village - 1,017,500 1,555,000 Manhattan Bch Heights/Lib Vlg 1,257,500 1,249,000 1,442,500 Manhattan Bch Mira Costa 1,640,000 1,725,000 1,350,000 Market Median Sales Price 1,952,500 1,717,000 1,850,000 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 Feb Mar Apr 2014 Median Sales Price Month-to-Month 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 Sales Price
  • 7. Back to Table of Contents Median Sales Price Year-to-Year by Map Area 2012 2013 2014 Manhattan Bch Sand 1,850,000 1,847,500 2,297,500 Manhattan Bch Tree 1,524,500 1,885,000 1,805,000 Manhattan Bch Hill 1,200,000 3,500,000 1,930,000 Manhattan Village 1,475,000 850,000 1,555,000 Manhattan Bch Heights/Lib Vlg 784,000 1,350,000 1,442,500 Manhattan Bch Mira Costa 1,326,250 1,800,000 1,350,000 Market Median Sales Price 1,550,000 1,725,000 1,850,000 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 2012 2013 2014 Median Sales Price Year-to-Year by Map Area: April Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Market Median Sales Price
  • 8. Back to Table of Contents Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Manhattan Bch Sand 15 15 17 13 Manhattan Bch Tree 10 10 21 28 Manhattan Bch Hill 5 6 10 10 Manhattan Village - 2 5 7 Manhattan Bch Heights/Lib Vlg 7 9 7 10 Manhattan Bch Mira Costa 8 7 13 20 Total Active Listings 45 49 73 88 - 5 10 15 20 25 30 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 Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa
  • 9. Back to Table of Contents Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Manhattan Bch Sand 15 15 17 13 Manhattan Bch Tree 10 10 21 28 Manhattan Bch Hill 5 6 10 10 Manhattan Village - 2 5 7 Manhattan Bch Heights/Lib Vlg 7 9 7 10 Manhattan Bch Mira Costa 8 7 13 20 Total Active Listings 45 49 73 88 Total Sales 15 22 33 45 Sales/Listings Ratio 33.3% 44.9% 45.2% 51.1% - 10 20 30 40 50 60 70 80 90 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 Total Active Listings vs. Total Sales Total Active Listings Total Sales
  • 10. Back to Table of Contents Active Listings Year-to-Year by Map Area 2012 2013 2014 Manhattan Bch Sand 57 29 13 Manhattan Bch Tree 20 17 28 Manhattan Bch Hill 15 6 10 Manhattan Village 4 0 7 Manhattan Bch Heights/Lib Vlg 6 4 10 Manhattan Bch Mira Costa 20 19 20 Total Active Listings 122 75 88 0 20 40 60 80 100 120 140 2012 2013 2014 Active Listings Year-to-Year by Map Area: April Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Total Active Listings
  • 11. Back to Table of Contents Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Manhattan Bch Sand 3.8 1.4 2.4 1.1 Manhattan Bch Tree 3.3 2.5 2.3 2.6 Manhattan Bch Hill 5.0 3.0 2.5 1.1 Manhattan Village - - 2.5 7.0 Manhattan Bch Heights/Lib Vlg 3.5 4.5 1.4 1.7 Manhattan Bch Mira Costa 2.7 2.3 2.2 3.3 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 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
  • 12. Back to Table of Contents 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 2.2 2.2 2.0 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Months of Inventory Year-to-Year 2012 2013 2014
  • 13. Outlook for May Real estate market performance for Manhattan Beach was simply outstanding during the month of April! Compared to March, all major indicators produced encouraging results including, but not limited to, a 36.4% increase in sales, $133K bump in the market median sales price, and a 20.5% improvement in total listings. A year-over-year analysis for April revealed essentially the same, and that is the market is gaining strength. “What can I expect in May?” you ask. Great question! Based on the last 3 months of MLS data it appears there is no reason to conclude otherwise – we expect the Manhattan Beach real estate market to continue trending in a positive direction. Thus, with the summer season drawing near buyers and sellers should contact us soon so that we can initiate efforts to serve your respective best interests. Right now is definitely the time to get organization in preparation for making critical decisions that will soon affect your future. Your recap… Back to Table of Contents Month-to-Month Comparison Mar 2014 Apr 2014 Delta (qty) Delta (%) Increase Decrease Total Sales 33 45 12 36.4% Median Sales Price 1,717,000 1,850,000 133,000 7.7% Median Days to Sell 26 26 0 0.0% Listings 73 88 15 20.5% Sales/Listing Ratio 45.2% 51.1% 0.059 13.1% Months of Inventory 2.2 2 -0.2 -9.1%
  • 14. 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
  • 15. 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 Hady Chahine  hady@hhcrealestate.com  310-404-5361 Hassana Chahine  hassana@hhcrealestate.com  310-756-8949 Listings MLS BLOGWebsite

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