Embed Size (px)
Citation preview
Table of
Contents
Key Statistics for December
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 January
About Hady Chahine Contact Information
Key Statistics for December
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Nov 2014 Dec 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 35 35 0 0.0%
Median Sales Price 2,200,000 1,780,000 (420,000) -19.1%
Median Days to Sell 43 39 -4 -9.3%
Listings 54 40 -14 -25.9%
Sales/Listing Ratio 64.8% 87.5% 0.227 35.0%
Months of Inventory 1.5 1.1 -0.4 -26.7%
Monthly Comparison Year-to-Year Dec 2013 Dec 2014 Delta Delta Increase Decrease
Total Sales 28 35 7 25.0%
Median Sales Price 1,395,000 1,780,000 385,000 27.6%
Median Days to Sell 31 39 8 25.8%
Listings 54 40 -14 -25.9%
Months of Inventory 0.8 1.1 0.3 37.5%
Back to Table of Contents
Total Sales Month-to-Month by Map Area Oct Nov Dec
Manhattan Bch Sand 10 13 11
Manhattan Bch Tree 12 4 11
Manhattan Bch Hill 1 3 1
Manhattan Village 3 4 1
Manhattan Bch Heights/Lib Vlg 5 3 4
Manhattan Bch Mira Costa 9 8 7
Total Sales 40 35 35
0
5
10
15
20
25
30
35
40
Oct Nov Dec
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
Back to Table of Contents
Total Sales Year-to-Year by Map Area 2012 2013 2014
Manhattan Bch Sand 9 7 11
Manhattan Bch Tree 9 5 11
Manhattan Bch Hill 1 3 1
Manhattan Village 3 2 1
Manhattan Bch Heights/Lib Vlg 4 6 4
Manhattan Bch Mira Costa 10 5 7
Total Sales 36 28 35
0
5
10
15
20
25
30
35
40
2012 2013 2014
Total Sales Year-to-Year by Map Area: December
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Total Sales
Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Oct Nov Dec
Manhattan Bch Sand 2,500,000 2,850,000 2,400,000
Manhattan Bch Tree 2,226,000 1,597,500 1,950,000
Manhattan Bch Hill 2,999,000 4,088,980 1,300,000
Manhattan Village 1,150,000 1,127,500 875,000
Manhattan Bch Heights/Lib Vlg 1,510,000 1,250,000 1,300,000
Manhattan Bch Mira Costa 1,869,000 1,900,000 1,449,000
Market Median Sales Price 2,107,500 2,200,000 1,780,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
Oct Nov Dec
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
Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2012 2013 2014
Manhattan Bch Sand 2,218,000 1,999,000 2,400,000
Manhattan Bch Tree 950,000 1,790,000 1,950,000
Manhattan Bch Hill 1,825,000 3,800,000 1,300,000
Manhattan Village 1,210,000 982,500 875,000
Manhattan Bch Heights/Lib Vlg 974,500 811,250 1,300,000
Manhattan Bch Mira Costa 1,663,250 1,250,000 1,449,000
Market Median Sales Price 1,362,500 1,395,000 1,780,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
2012 2013 2014
Median Sales Price Year-to-Year by Map Area: December
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sales Price
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 19 24 23 30 24 20 13 8
Manhattan Bch Tree 10 10 21 28 21 19 14 13 12 17 10 8
Manhattan Bch Hill 5 6 10 10 12 6 6 5 7 9 9 6
Manhattan Village - 2 5 7 7 9 8 6 10 9 7 7
Manhattan Bch Heights/Lib Vlg 7 9 7 10 2 6 5 4 5 6 4 2
Manhattan Bch Mira Costa 8 7 13 20 24 19 22 18 17 16 11 9
Total Active Listings 45 49 73 88 85 83 78 76 75 77 54 40
-
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
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 19 24 23 30 24 20 13 8
Manhattan Bch Tree 10 10 21 28 21 19 14 13 12 17 10 8
Manhattan Bch Hill 5 6 10 10 12 6 6 5 7 9 9 6
Manhattan Village - 2 5 7 7 9 8 6 10 9 7 7
Manhattan Bch Heights/Lib Vlg 7 9 7 10 2 6 5 4 5 6 4 2
Manhattan Bch Mira Costa 8 7 13 20 24 19 22 18 17 16 11 9
Total Active Listings 45 49 73 88 85 83 78 76 75 77 54 40
Total Sales 15 22 33 45 43 42 36 39 27 40 35 35
Sales/Listings Ratio 33.3% 44.9% 45.2% 51.1% 50.6% 50.6% 46.2% 51.3% 36.0% 51.9% 64.8% 87.5%
-
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
Back to Table of Contents
Active Listings Year-to-Year by Map Area 2012 2013 2014
Manhattan Bch Sand 26 14 8
Manhattan Bch Tree 12 10 8
Manhattan Bch Hill 7 3 6
Manhattan Village 5 1 7
Manhattan Bch Heights/Lib Vlg 5 2 2
Manhattan Bch Mira Costa 16 6 9
Total Active Listings 71 36 40
0
10
20
30
40
50
60
70
80
2012 2013 2014
Active Listings Year-to-Year by Map Area: December
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
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 1.9 3.0 3.8 2.3 2.4 2.0 1.0 0.7
Manhattan Bch Tree 3.3 2.5 2.3 2.6 1.3 1.1 1.1 1.4 2.4 1.4 2.5 0.7
Manhattan Bch Hill 5.0 3.0 2.5 1.1 12.0 1.5 3.0 2.5 3.5 9.0 3.0 6.0
Manhattan Village - - 2.5 7.0 2.3 3.0 2.0 1.5 10.0 3.0 1.8 7.0
Manhattan Bch Heights/Lib Vlg 3.5 4.5 1.4 1.7 0.3 3.0 5.0 1.0 1.3 1.2 1.3 0.5
Manhattan Bch Mira Costa 2.7 2.3 2.2 3.3 4.0 2.7 2.2 2.6 3.4 1.8 1.4 1.3
-
2.0
4.0
6.0
8.0
10.0
12.0
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
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 2.0 2.0 2.2 2.0 2.8 1.9 1.5 1.1
-
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
Outlook for January
Overall real estate activity for the Manhattan Beach market in December was positive, as confirmed by
relatively strong performance measures for total sales, sale/listing ratio, and median days to sell.
However, the median market sales price did trend off pace with respect to November. Though, in all
fairness, this measure of performance is a bit volatile because it acknowledges significant data outliers,
instead of discounting or explaining the obvious deviation from the relatively stable majority. In summary,
the Manhattan Beach real estate market ended 2014 on a positive note.
Looking forward, with respect to the aforementioned, as well as other macro and micro economic factors, I
expect a healthy but more conservative approach to real estate investing in 2015. To schedule a free
seller or buyer consultation, please call or email me today.
Your recap…
Back to Table of Contents
Month-to-Month Comparison Nov 2014 Dec 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 35 35 0 0.0%
Median Sales Price 2,200,000 1,780,000 (420,000) -19.1%
Median Days to Sell 43 39 -4 -9.3%
Listings 54 40 -14 -25.9%
Sales/Listing Ratio 64.8% 87.5% 0.227 35.0%
Months of Inventory 1.5 1.1 -0.4 -26.7%
Serving South Bay Home Buyers and Sellers Since 2001
RE/MAX Top 4 Team in California – 2012
RE/MAX 100% Club - 2011
Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010
Back to Table of Contents
About
Hady Chahine…
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
Listings MLS BLOG Website
