Manhattan Beach real estate statistics and analysis for December 2013. Includes home sales, listings, inventory and historical performance on a month-to-month and year-to-year basis.
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Manhattan Beach Real Estate Market Conditions - December 2013
Manhattan Beach real estate statistics and analysis for December 2013. Includes home sales, listings, inventory and historical performance on a month-to-month and year-to-year basis.
Manhattan Beach real estate statistics and analysis for December 2013. Includes home sales, listings, inventory and historical performance on a month-to-month and year-to-year basis.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
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Manhattan Beach Real Estate Market Conditions - December 2013
Manhattan Beach real estate statistics and analysis for December 2013. Includes home sales, listings, inventory and historical performance on a month-to-month and year-to-year basis.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
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Manhattan Beach
Residential Real Estate Market Conditions
December 2013
Key Statistics for December Sales 2013 Residential Sales Stats: Oct - Dec Year-to-Year Total Sales by Map Area: Dec Median 2013 Median Sales Stats: Oct - Dec Year-to-Year Median Sales by Map Area: Dec
Table of Contents
Listings 2013 Active Listings by Map Area 2013 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area: Dec
Inventory 2013 Months of Inventory by Map Area Year-to-Year Months of Inventory
Outlook for January
About the Mother & Son South Bay Real Estate Team Contact Information
Key Statistics for December
Month-to-Month Comparison Total Sales Median Sales Price Median Days to Sell Listings Sales/Listing Ratio Inventory Turnover Nov 2013 29 1,995,000 52 43 67.4 1.5 Dec 2013 28 1,395,000 31 23 121.7 0.8 Delta (qty) -1 (600,000) -21 -20 54.3 -0.7 Delta (%) -3.4% -30.1% -40.4% -46.5% 80.6% -46.7% Increase Decrease
Monthly Comparison Year-to-Year Total Sales Median Sales Price Median Days to Sell Listings Inventory Turnover
Dec 2012 36 1,362,500 45 70 1.9
Dec 2013 28 1,395,000 31 23 0.8
Delta -8 32,500 -14 -47 -1.1
Delta -22.2% 2.4% -31.1% -67.1% -57.9%
Increase
Decrease
= trending positive = trending negative
= trending positive = trending negative
Back to Table of Contents
2013 Residential Sales 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
Oct 5 11 3 2 5 3 29
Nov 9 9 3 2 1 5 29
Dec 7 5 3 2 6 5 28
YTD 21 25 9 6 12 13 86
2013 Residential Sales Statistics: Oct - Dec
12
10
Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
0 Oct Nov Dec
Back to Table of Contents
Sales by Map Area: Year-to-Year for December Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Total Sales
2011 10 5 0 2 3 7 27
2012 9 9 1 3 4 10 36
2013 7 5 3 2 6 5 28
Total Sales by Map Area: Year-to-Year for December
10 9 8 7 Manhattan Bch Sand 6 5 4 Manhattan Bch Tree Manhattan Bch Hill
Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa
3 2 1 0
2011
2012
2013
Back to Table of Contents
2013 Median Sale Price 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 Sale Price
Oct 1,760,000 1,520,000 1,750,000 1,017,500 1,335,000 1,960,000 1,520,000
Nov 2,200,000 2,049,000 2,550,000 1,327,500 900,000 1,340,000 1,995,000
Dec 1,999,000 1,790,000 3,800,000 982,500 811,250 1,250,000 1,395,000
2013 Median Sale Price Statistics: Oct - Dec
4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 Oct Nov Dec Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Market Median Sale Price
Back to Table of Contents
Median Sale Price by Map Area: Year-to-Year for December Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Market Median Sale Price
Median Sale Price by Map Area: Year-to-Year for December
4,000,000
3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 2011 2012 2013 Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Market Median Sale Price
Back to Table of Contents
2013 Active Listings by Map Area
35
30 25 20 Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa 15 10 5 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2013 Active Listings/Total Sales by Map Area 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
Jan 28 8 4 3 3 17 63
Feb 30 11 4 4 10 15 74
Mar 35 25 6 3 9 7 85
Apr 29 17 6 4 19 75
May 29 21 12 2 8 20 92
Jun 28 28 17 3 7 21 104
Jul 25 24 14 5 7 18 93
Aug 22 15 15 5 8 15 80
Sep 26 14 11 1 6 11 69
Oct 17 12 7 1 9 11 57
Nov 13 11 5 2 4 8 43
Dec 7 8 2 2 4 23
2013 Total Active Listings vs. Total Sales
120 100 80 60 Total Active Listings Total Sales 40
20 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Active Listings by Map Area: Year-to-Year for December Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa Total Active Listings
2011 46 18 12 5 5 16 102
2012 26 11 7 5 5 16 70
2013 7 8 2 0 2 4 23
Active Listings by Map Area: Year-to-Year for December
50 45 40 35 30 25 20 15 10 5 0 2011 2012 2013 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
2013 Months of Inventory by Map Area
18.0
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Manhattan Bch Sand Manhattan Bch Tree Manhattan Bch Hill Manhattan Village Manhattan Bch Heights/Lib Vlg Manhattan Bch Mira Costa
2013 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
Jan 2.0 2.0 2.0 3.0 17.0
Feb 4.3 3.7 1.3 1.3 3.3 5.0
Mar 2.3 3.1 1.2 3.0 2.3 0.8
Apr 1.6 1.3 6.0 0.8 3.8
May 1.8 1.2 4.0 0.7 2.0 3.3
Jun 3.1 2.3 5.7 1.5 0.9 2.6
Jul 1.7 2.0 4.7 5.0 1.8 1.8
Aug 3.1 0.9 3.0 5.0 2.0 2.1
Sep 5.2 1.4 1.8 0.5 2.0 1.8
Oct 3.4 1.1 2.3 0.5 1.8 3.7
Nov 1.4 1.2 1.7 1.0 4.0 1.6
Dec 1.0 1.6 0.7 0.3 0.8
Months of Inventory: Year-to-Year
10.0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2011 2012 2013
Months of Inventory: Year-to-Year 2011 2012 2013
Jan 5.7 6.8 2.9
Feb 9.3 6.1 3.4
Mar 3.6 2.4 2.0
Apr 4.5 2.6 1.7
May 4.6 2.8 1.8
Jun 3.3 2.9 2.5
Jul 3.3 3.0 2.1
Aug 3.8 2.4 2.0
Sep 4.5 4.1 2.2
Oct 5.7 3.2 2.0
Nov 4.6 2.1 1.5
Dec 3.8 1.9 0.8
Back to Table of Contents
Outlook for January
For December 2013, the Manhattan Beach residential real estate market performed as expected with trending decreases in total sales, median sales price, and the number of listings. On a more positive note, however, improvements were recorded for median days to sell, sales/listing ratio, and the inventory turnover rates. Projections for the New Year are encouraging given a fairly steady interest in buyer and seller activity and because the cost to borrower money remains at historically low levels. For questions concerning market trending behavior, or to request a complementary comparative market analysis, please give me a call. With this in mind, the recap is Month-to-Month Comparison Total Sales Median Sales Price Median Days to Sell Listings Sales/Listing Ratio Inventory Turnover Back to Table of Contents
Nov 2013 29 1,995,000 52 43 67.4 1.5
Dec 2013 28 1,395,000 31 23 121.7 0.8
Delta (qty) -1 (600,000) -21 -20 54.3 -0.7
Delta (%) -3.4% -30.1% -40.4% -46.5% 80.6% -46.7%
Increase
Decrease
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
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitors 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.
