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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.
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Manhattan Beach Residential Real Estate
Market Conditions January 2014
Table of
Contents
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 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
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= trending positive = trending positive
= trending negative = trending negative
Monthly Comparison Year-to-Year Jan 2013 Jan 2014 Delta Delta Increase Decrease
Total 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 3
Total 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 Vlg
Manhattan 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 3
Total 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 1,900,000
Market 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 Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sale Price
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Median Sale Price by Map Area: Year-to-Year for January 2012 2013 2014
Manhattan Bch Sand 2,203,500 1,800,000 3,075,000
Manhattan Bch Tree 1,356,250 1,199,750 2,135,000
Manhattan Bch Hill 2,666,250 1,029,750 2,300,000
Manhattan Village 1,400,000 - 918,750
Manhattan Bch Heights/Lib Vlg 672,500 1,385,000 1,820,000
Manhattan Bch Mira Costa 782,000 1,852,222 1,900,000
Market Median Sale Price 1,450,000 1,456,500 2,152,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
2012 2013 2014
Median 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
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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 Listings 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
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
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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 Listings 45
Total Sales 15
Sales/Listings Ratio 33.3%
-
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
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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 8
Total 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
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
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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
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
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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
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory: Year-to-Year
2012
2013
2014
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…
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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 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
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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.
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
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