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Table of
Contents
Key Statistics for July
Sales 2015 Residential Sales Stats Year-to-Year Total Sales by Map Area Median 2015 Median Sales Stats Year-to-Year Median Sales by Map Area Listings 2015 Active Listings by Map Area 2015 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area Inventory 2015 Months of Inventory by Map Area Year-to-Year Months of Inventory
Recap & Outlook for August
About Hady Chahine Contact Information
Key Statistics for July
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison June 2015 July 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 35 32 -3 -8.6%
Median Sales Price 2,400,000 1,655,000 (745,000) -31.0%
Median Days to Sell 43 38 -5 -11.6%
Listings 90 98 8 8.9%
Sales/Listing Ratio 38.9% 32.7% -0.062 -15.9%
Months of Inventory 3 3 0.0 0.0%
Monthly Comparison Year-to-Year July 2014 July 2015 Delta Delta Increase Decrease
Total Sales 36 32 -4 -11.1%
Median Sales Price 1,927,500 1,655,000 (272,500) -14.1%
Median Days to Sell 43 38 -5 -11.6%
Listings 95 98 3 3.2%
Months of Inventory 2.2 3.0 0.8 36.4%
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Total Sales Month-to-Month by Map Area May Jun Jul
Manhattan Bch Sand 11 7 4
Manhattan Bch Tree 16 10 9
Manhattan Bch Hill 0 4 1
Manhattan Village 1 2 2
Manhattan Bch Heights/Lib Vlg 4 2 7
Manhattan Bch Mira Costa 4 10 9
Total Sales 36 35 32
0
5
10
15
20
25
30
35
40
May Jun Jul
2015 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
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Total Sales Year-to-Year by Map Area 2013 2014 2015
Manhattan Bch Sand 15 6 4
Manhattan Bch Tree 12 13 9
Manhattan Bch Hill 3 2 1
Manhattan Village 1 4 2
Manhattan Bch Heights/Lib Vlg 4 1 7
Manhattan Bch Mira Costa 10 10 9
Total Sales 45 36 32
0
5
10
15
20
25
30
35
40
45
2013 2014 2015
Total Sales Year-to-Year by Map Area: July
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Total Sales
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Median Sales Price Month-to-Month by Map Area May Jun Jul
Manhattan Bch Sand 2,825,000 3,075,000 7,156,250
Manhattan Bch Tree 2,137,500 2,195,000 2,075,000
Manhattan Bch Hill - 2,875,000 9,400,000
Manhattan Village 855,000 1,412,000 1,386,500
Manhattan Bch Heights/Lib Vlg 1,662,000 1,477,500 1,400,000
Manhattan Bch Mira Costa 2,575,000 2,500,000 1,229,000
Market Median Sales Price 2,337,500 2,400,000 1,655,000
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
May Jun Jul
2015 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
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Median Sales Price Year-to-Year by Map Area 2013 2014 2015
Manhattan Bch Sand 1,930,000 2,880,000 7,156,250
Manhattan Bch Tree 1,507,500 2,050,000 2,075,000
Manhattan Bch Hill 1,400,000 2,605,000 9,400,000
Manhattan Village 875,000 1,365,000 1,386,500
Manhattan Bch Heights/Lib Vlg 1,140,000 1,385,000 1,400,000
Manhattan Bch Mira Costa 1,525,000 1,562,500 1,229,000
Market Median Sales Price 1,540,000 1,927,500 1,655,000
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1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
2013 2014 2015
Median Sales Price Year-to-Year by Map Area: July
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sales Price
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-
5
10
15
20
25
30
35
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 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
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Manhattan Bch Sand 14 19 28 23 26 24 34
Manhattan Bch Tree 16 14 20 20 22 20 19
Manhattan Bch Hill 2 3 5 6 10 11 14
Manhattan Village 6 5 4 3 3 4 2
Manhattan Bch Heights/Lib Vlg 4 5 6 8 6 10 9
Manhattan Bch Mira Costa 13 11 14 10 15 21 20
Total Active Listings 55 57 77 70 82 90 98
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-
10
20
30
40
50
60
70
80
90
100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Manhattan Bch Sand 14 19 28 23 26 24 34
Manhattan Bch Tree 16 14 20 20 22 20 19
Manhattan Bch Hill 2 3 5 6 10 11 14
Manhattan Village 6 5 4 3 3 4 2
Manhattan Bch Heights/Lib Vlg 4 5 6 8 6 10 9
Manhattan Bch Mira Costa 13 11 14 10 15 21 20
Total Active Listings 55 57 77 70 82 90 98
Total Sales 21 19 34 31 36 35 32
Sales/Listings Ratio 38.2% 33.3% 44.2% 44.3% 43.9% 38.9% 32.7%
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Active Listings Year-to-Year by Map Area 2013 2014 2015
Manhattan Bch Sand 26 27 34
Manhattan Bch Tree 24 17 19
Manhattan Bch Hill 14 8 14
Manhattan Village 5 12 2
Manhattan Bch Heights/Lib Vlg 7 6 9
Manhattan Bch Mira Costa 18 25 20
Total Active Listings 94 95 98
0
10
20
30
40
50
60
70
80
90
100
2013 2014 2015
Active Listings Year-to-Year by Map Area: July
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Total Active Listings
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-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 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
Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Manhattan Bch Sand 2.3 6.3 2.3 2.6 2.4 3.0 9.0
Manhattan Bch Tree 16.0 2.3 3.3 2.0 1.4 2.0 2.0
Manhattan Bch Hill 0.7 1.5 5.0 6.0 - 3.0 14.0
Manhattan Village 2.0 2.5 1.0 1.5 3.0 2.0 1.0
Manhattan Bch Heights/Lib Vlg 2.0 1.7 1.5 2.7 1.5 5.0 1.0
Manhattan Bch Mira Costa 2.2 3.7 2.0 1.7 3.8 2.0 2.0
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Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
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
2015 2.6 3.0 2.3 2.3 2.3 3.0 3.0
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0.5
1.0
1.5
2.0
2.5
3.0
3.5
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2013
2014
2015
Recap & Outlook for August
The Manhattan Beach real estate market slowed a bit in July with several major data points trending negative. These stats include
a single digit drop in total sales and double digit declines for median sales price, median days to sell, and the sales/listing ratio.
Coincidently, similar trending behavior was recorded in July of 2014.
In the news… According to C.A.R., “Statewide sales were above the 400,000 mark for the fourth straight month” while “available
housing supply remains constrained at 3.3 months of inventory”
(http://www.car.org/newsstand/newsreleases/2015releases/july2015sales?view=Standard).
Despite the market’s anticipation of the Fed’s action to influence the rise in interest rates sometime this year, I suspect a healthy
buyer-seller relationship to continue as mortgage money remains at all-time historic lows.
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Month-to-Month Comparison June 2015 July 2015 Delta (qty) Delta (%) Increase Decrease
Total Sales 35 32 -3 -8.6%
Median Sales Price 2,400,000 1,655,000 (745,000) -31.0%
Median Days to Sell 43 38 -5 -11.6%
Listings 90 98 8 8.9%
Sales/Listing Ratio 38.9% 32.7% -0.062 -15.9%
Months of Inventory 3 3 0.0 0.0%
Monthly Comparison Year-to-Year July 2014 July 2015 Delta Delta Increase Decrease
Total Sales 36 32 -4 -11.1%
Median Sales Price 1,927,500 1,655,000 (272,500) -14.1%
Median Days to Sell 43 38 -5 -11.6%
Listings 95 98 3 3.2%
Months of Inventory 2.2 3.0 0.8 36.4%
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
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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.
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