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Manhattan Beach Real Estate Market Conditions - July 2015
Manhattan Beach Real Estate Market Conditions - July 2015
Table of
Contents
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
June 2015
35
2,400,000
43
90
38.9%
3
July 2015
Delta (qty)
32
-3
1,655,000
(745,000)
38
-5
98
8
32.7%
-0.062
3
0.0
July 2014
36
1,927,500
43
95
2.2
July 2015
32
1,655,000
38
98
3.0
Delta
-4
(272,500)
-5
3
0.8
Delta (%)
-8.6%
-31.0%
-11.6%
8.9%
-15.9%
0.0%
Increase
Decrease
Delta
-11.1%
-14.1%
-11.6%
3.2%
36.4%
Increase
Decrease
= trending positive
= trending positive
= trending negative
= trending negative
May
11
16
0
1
4
4
36
Jun
7
10
4
2
2
10
35
Jul
4
9
1
2
7
9
32
25
20
Manhattan Village
15
10
Total Sales
5
0
May
Jun
Jul
2013
15
12
3
1
4
10
45
2014
6
13
2
4
1
10
36
2015
4
9
1
2
7
9
32
40
35
30
25
20
15
10
5
0
2013
2014
2015
May
2,825,000
2,137,500
855,000
1,662,000
2,575,000
2,337,500
Jun
3,075,000
2,195,000
2,875,000
1,412,000
1,477,500
2,500,000
2,400,000
Jul
7,156,250
2,075,000
9,400,000
1,386,500
1,400,000
1,229,000
1,655,000
6,000,000
5,000,000
Manhattan Village
4,000,000
3,000,000
2,000,000
1,000,000
May
Jun
Jul
2013
1,930,000
1,507,500
1,400,000
875,000
1,140,000
1,525,000
1,540,000
2014
2,880,000
2,050,000
2,605,000
1,365,000
1,385,000
1,562,500
1,927,500
2015
7,156,250
2,075,000
9,400,000
1,386,500
1,400,000
1,229,000
1,655,000
6,000,000
5,000,000
Manhattan Village
4,000,000
3,000,000
2,000,000
1,000,000
2013
2014
2015
20
15
10
5
Jan
Feb
Jan
14
16
2
6
4
13
55
Mar
Feb
19
14
3
5
5
11
57
Apr
Mar
28
20
5
4
6
14
77
May
Apr
23
20
6
3
8
10
70
May
26
22
10
3
6
15
82
Jun
Jun
24
20
11
4
10
21
90
Jul
Jul
34
19
14
2
9
20
98
Aug
Aug
Sep
Sep
Oct
Oct
Nov
Nov
Dec
Dec
30
20
10
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Sep
Nov
Oct
Dec
Nov
Dec
2013
26
24
14
5
7
18
94
2014
27
17
8
12
6
25
95
2015
34
19
14
2
9
20
98
60
50
40
30
20
10
0
2013
2014
2015
8.0
6.0
4.0
2.0
Jan
Jan
2.3
16.0
0.7
2.0
2.0
2.2
Feb
6.3
2.3
1.5
2.5
1.7
3.7
Feb
Mar
Mar
2.3
3.3
5.0
1.0
1.5
2.0
Apr
Apr
2.6
2.0
6.0
1.5
2.7
1.7
May
May
2.4
1.4
3.0
1.5
3.8
Jun
Jun
3.0
2.0
3.0
2.0
5.0
2.0
Jul
Jul
9.0
2.0
14.0
1.0
1.0
2.0
Aug
Aug
Sep
Oct
Sep
Oct
Nov
Nov
Dec
Dec
1.0
0.5
Jan
Feb
Mar
Jan
2.9
3.0
2.6
Apr
May
Feb
3.4
2.2
3.0
Mar
2.0
2.2
2.3
Jun
Apr
1.7
2.0
2.3
Jul
May
1.8
2.0
2.3
Aug
Jun
2.5
2.0
3.0
Jul
2.1
2.2
3.0
Sep
Aug
2.0
2.0
Oct
Sep
2.2
2.8
Nov
Oct
2.0
1.9
Dec
Nov
1.5
1.5
Dec
0.8
1.1
Despite the markets anticipation of the Feds 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.
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory
June 2015
35
2,400,000
43
90
38.9%
3
July 2015
Delta (qty)
32
-3
1,655,000
(745,000)
38
-5
98
8
32.7%
-0.062
3
0.0
July 2014
36
1,927,500
43
95
2.2
July 2015
32
1,655,000
38
98
3.0
Delta
-4
(272,500)
-5
3
0.8
Delta (%)
-8.6%
-31.0%
-11.6%
8.9%
-15.9%
0.0%
Increase
Decrease
Delta
-11.1%
-14.1%
-11.6%
3.2%
36.4%
Increase
Decrease
About
Hady Chahine
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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