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Manhattan Beach Real Estate Market Conditions October 2012
 

Manhattan Beach Real Estate Market Conditions October 2012

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Detailed reports and analysis of the Manhattan Beach real estate market for October 2012.

Detailed reports and analysis of the Manhattan Beach real estate market for October 2012.

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    Manhattan Beach Real Estate Market Conditions October 2012 Manhattan Beach Real Estate Market Conditions October 2012 Presentation Transcript

    • Manhattan Beach Real Estate Market Conditions October 2012HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
    • Key Statistics for September  Total Home Sales: 25 44% from August  Median Sale Price: $1.38 Million 21% from Sept. 2011  Current Active Listings: 94 38% from Sept. 2011HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
    • Home Sales in Manhattan Beach By SectionHHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
    • Home Sales Broken Out By Section Homes Sales by Map Area Sept Aug July June May Apr Mar Feb Jan YTD Manhattan Beach Sand 8 8 12 17 18 21 13 8 6 111 Manhattan Beach Tree 9 19 11 12 11 12 9 7 6 96 Manhattan Beach Mira Costa 4 12 8 10 10 4 9 1 2 60 Manhattan Beach Hill 1 3 3 4 3 5 5 1 1 26 Manhattan Village 0 0 4 1 5 2 4 1 1 18 Manhattan Beach Heights/Lib Vlg 3 3 2 3 4 3 4 1 1 24 Total Sales 25 45 40 47 51 47 44 19 17 335HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
    • Median Sale Price Trends By AreaHHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
    • Year Over Year Median Sale Price Trends By AreaThe 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 forany 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 InternetData 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 accuracyof 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 personalinspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and isprotected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services,is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (CaliforniaRegional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
    • Outlook for October  Supply:  Active Listings Continue to Drop from a High of 142 in May  Estimated Inventory Remains Below 4 Months – Good for Sellers  3 Month Average Sale Price for July-Sept was $1.69 Million  3 Month Average Sale Price for July-Sept was $1.84 Million  Demand  Lack of Inventory is Slowing Overall Monthly Sales  92% Average Sale/List Ratio for July-Sept Indicates Some Buyer Power Remains  Overall  Lack of Inventory Makes it a Good Time for Sellers to Enter the Market  Prices Up Significantly Year Over Year but 3 Month Average is Fairly SteadyHHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
    • 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  Contact:  http://HHCRealEstate.com  400 S. Sepulveda Blvd. Suite 100, Manhattan Beach, CA 90266  Hady Chahine  hady@hhcrealestate.com  310-404-5361  Hassana Chahine  hassana@hhcrealestate.com  310-756-8949HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949