Manhattan Beach

Residential Real Estate

Market Conditions
June 2014
Table of
Contents
Key Statistics for June
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 July
About Hady Chahine
Contact Information
Key Statistics for June
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison May 2014 Jun 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 43 42 -1 -2.3%
Median Sales Price 1,995,000 1,902,500 (92,500) -4.6%
Median Days to Sell 29 39 10 34.5%
Listings 85 83 -2 -2.4%
Sales/Listing Ratio 50.6% 50.6% 0 0.0%
Months of Inventory 2.0 2.0 0.0 0.0%
Monthly Comparison Year-to-Year Jun 2013 Jun 2014 Delta Delta Increase Decrease
Total Sales 42 42 0 0.0%
Median Sales Price 1,579,500 1,902,500 323,000 20.4%
Median Days to Sell 24 39 15 62.5%
Listings 105 83 -22 -21.0%
Months of Inventory 2.5 2.0 -0.5 -20.0%
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Total Sales Month-to-Month by Map Area Apr May Jun
Manhattan Bch Sand 12 10 8
Manhattan Bch Tree 11 16 18
Manhattan Bch Hill 9 1 4
Manhattan Village 1 3 3
Manhattan Bch Heights/Lib Vlg 6 7 2
Manhattan Bch Mira Costa 6 6 7
Total Sales 45 43 42
0
5
10
15
20
25
30
35
40
45
Apr May Jun
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
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Total Sales Year-to-Year by Map Area 2012 2013 2014
Manhattan Bch Sand 17 9 8
Manhattan Bch Tree 12 12 18
Manhattan Bch Hill 4 3 4
Manhattan Village 1 2 3
Manhattan Bch Heights/Lib Vlg 3 8 2
Manhattan Bch Mira Costa 10 8 7
Total Sales 47 42 42
0
5
10
15
20
25
30
35
40
45
50
2012 2013 2014
Total Sales Year-to-Year by Map Area: June
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 Apr May Jun
Manhattan Bch Sand 2,297,500 2,150,000 1,855,000
Manhattan Bch Tree 1,805,000 2,045,000 2,112,500
Manhattan Bch Hill 1,930,000 3,890,000 3,465,000
Manhattan Village 1,555,000 1,650,000 1,618,000
Manhattan Bch Heights/Lib Vlg 1,442,500 1,500,000 1,260,500
Manhattan Bch Mira Costa 1,350,000 1,850,000 1,915,000
Market Median Sales Price 1,850,000 1,995,000 1,902,500
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
Apr May Jun
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
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Median Sales Price Year-to-Year by Map Area 2012 2013 2014
Manhattan Bch Sand 1,775,000 1,874,473 1,855,000
Manhattan Bch Tree 1,622,500 1,842,500 2,112,500
Manhattan Bch Hill 2,387,500 1,680,000 3,465,000
Manhattan Village 825,000 1,263,500 1,618,000
Manhattan Bch Heights/Lib Vlg 880,000 960,000 1,260,500
Manhattan Bch Mira Costa 1,515,000 1,262,500 1,915,000
Market Median Sales Price 1,600,000 1,579,500 1,902,500
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
2012 2013 2014
Median Sales Price Year-to-Year by Map Area: June
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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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
Manhattan Bch Tree 10 10 21 28 21 19
Manhattan Bch Hill 5 6 10 10 12 6
Manhattan Village - 2 5 7 7 9
Manhattan Bch Heights/Lib Vlg 7 9 7 10 2 6
Manhattan Bch Mira Costa 8 7 13 20 24 19
Total Active Listings 45 49 73 88 85 83
-
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
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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
Manhattan Bch Tree 10 10 21 28 21 19
Manhattan Bch Hill 5 6 10 10 12 6
Manhattan Village - 2 5 7 7 9
Manhattan Bch Heights/Lib Vlg 7 9 7 10 2 6
Manhattan Bch Mira Costa 8 7 13 20 24 19
Total Active Listings 45 49 73 88 85 83
Total Sales 15 22 33 45 43 42
Sales/Listings Ratio 33.3% 44.9% 45.2% 51.1% 50.6% 50.6%
-
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
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Active Listings Year-to-Year by Map Area 2012 2013 2014
Manhattan Bch Sand 50 29 24
Manhattan Bch Tree 34 28 19
Manhattan Bch Hill 12 17 6
Manhattan Village 2 3 9
Manhattan Bch Heights/Lib Vlg 10 7 6
Manhattan Bch Mira Costa 30 21 19
Total Active Listings 138 105 83
0
20
40
60
80
100
120
140
2012 2013 2014
Active Listings Year-to-Year by Map Area: June
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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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
Manhattan Bch Tree 3.3 2.5 2.3 2.6 1.3 1.1
Manhattan Bch Hill 5.0 3.0 2.5 1.1 12.0 1.5
Manhattan Village - - 2.5 7.0 2.3 3.0
Manhattan Bch Heights/Lib Vlg 3.5 4.5 1.4 1.7 0.3 3.0
Manhattan Bch Mira Costa 2.7 2.3 2.2 3.3 4.0 2.7
-
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
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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 2.2 2.2 2.0 2.0 2.0
-
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 July
According to the MLS, real estate activity for Manhattan Beach during the month of June was rather
discouraging as performance measures dropped a bit for total sales, the market median sales price, and
listings, not to mention a bump was recorded for the median days to sell. However, on a more positive
note the sales/listing ratio remained at 50.6% compared to last month, which means that for every two
homes for sale one successfully closed escrow.

What can you expect for July? you ask. Personally, I like Manhattan Beach real estate and feel it is a
sound investment long term generally speaking. Thus, despite June stats we should not ignore the
amazing trending pattern for this coastal area during beginning of 2014 leading up until now. Therefore, I
favor this location and suggest buying or selling at the right price and for the right reasons. For tips on
strategy, I am available by cell phone or email. Seriously, get in touch with me today so we can discuss
how I can be of service to you. I look forward to hearing from you!

Your recap

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Month-to-Month Comparison May 2014 Jun 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 43 42 -1 -2.3%
Median Sales Price 1,995,000 1,902,500 (92,500) -4.6%
Median Days to Sell 29 39 10 34.5%
Listings 85 83 -2 -2.4%
Sales/Listing Ratio 50.6% 50.6% 0 0.0%
Months of Inventory 2.0 2.0 0.0 0.0%
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 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.
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