Manhattan Beach Real Estate Market Conditions - October 2016

Manhattan Beach
Residential Real Estate

Market Conditions
October 2016
Key Statistics for October

Sales
2016 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2016 Median Sales Stats
Year-to-Year Median Sales by Map Area
Table of
Contents
Listings
2016 Active Listings by Map Area
2016 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2016 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Summary
About Hady Chahine

Contact Information
Key Statistics for October

Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory
Sep 2016
Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory
Oct 2015
Back to Table of Contents
38
2,200,000
46
129
29.5%
3.0
32
2,080,000
32
96
3.0
Oct 2016
41
2,250,000
21
121
33.9%
3.0
Oct 2016
41
2,250,000
21
121
3.0
Delta (qty)
3
50,000
-25
-8
0.044
0.0
Delta
9
170,000
-11
25
0
Delta (%)
7.9%
2.3%
-54.3%
-6.2%
14.9%
0.0%
Increase
Decrease
Delta
28.1%
8.2%
-34.4%
26.0%
0.0%
Increase
Decrease
= trending positive
= trending positive
= trending negative
= trending negative
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
Aug
13
9
4
3
10
39
Sep
8
12
1
7
10
38
Oct
9
14
4
8
6
41
2016 Total Sales Month-to-Month by Map Area

45
40
35
30
Manhattan Bch Sand

Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Total Sales
25
20
15
10
5
Aug
Sep
Oct
Total Sales Year-to-Year by Map Area

Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Total Sales
2014
10
12
2
3
5
10
42
2015
11
5
2
2
5
7
32
2016
9
14
4
8
6
41
Total Sales Year-to-Year by Map Area: October

45
40
35
30
Manhattan Bch Sand

Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Total Sales
25
20
15
10
5
2014
2015
2016
Median Sales Price Month-to-Month by Map Area

Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Market Median Sales Price
Aug
2,309,000
1,769,825
1,762,500
2,475,000
1,562,500
1,830,000
Sep
2,500,000
2,315,000
2,870,000
1,529,000
1,887,500
2,200,000
Oct
2,250,000
2,975,000
2,100,000
1,702,500
1,845,000
2,250,000
2016 Median Sales Price Month-to-Month by Map Area

3,000,000
2,500,000
Manhattan Bch Sand

Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
2,000,000
1,500,000
1,000,000
500,000
Aug
Sep
Oct
Median Sales Price Year-to-Year by Map Area

Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
2014
2,500,000
2,226,000
2,699,500
1,150,000
1,510,000
1,824,000
2,107,500
2015
3,575,000
1,600,000
3,450,000
1,862,500
1,765,000
1,479,000
2,080,000
2016
2,250,000
2,975,000
2,100,000
1,702,500
1,845,000
2,250,000
Median Sales Price Year-to-Year by Map Area: October

4,000,000
3,500,000
3,000,000
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
2,500,000
2,000,000
1,500,000
1,000,000
500,000
2014
2015
2016
2016 Active Listings by Map Area

60
50
40
Manhattan Bch Sand

Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
30
20
10
Jan
Active Listings vs. Total Sales by Map Area

Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Total Active Listings
Feb
Jan
31
16
8
3
4
19
81
Mar
Feb
35
24
12
3
9
14
97
Apr
Mar
37
40
13
4
10
16
120
May
Apr
45
31
16
6
11
21
130
Jun
May
53
34
17
7
15
23
149
Jun
58
37
15
6
13
28
157
Jul
Aug
Jul
47
34
15
3
17
32
148
Aug
45
31
12
4
11
29
132
Sep
Sep
45
28
15
3
10
28
129
Oct
Oct
46
26
15
1
10
23
121
Nov
Nov
Dec
Dec
2016 Total Active Listings vs. Total Sales

160
140
120
100
80
60
Total Sales
40
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Active Listings vs. Total Sales by Map Area

Jan
Feb Mar Apr May Jun
Jul
Aug Sep Oct Nov
Manhattan Bch Sand
31
35
37
45
53
58
47
45
45
46
Manhattan Bch Tree
16
24
40
31
34
37
34
31
28
26
Manhattan Bch Hill
8
12
13
16
17
15
15
12
15
15
Manhattan Village
3
3
4
6
7
6
3
4
3
1
4
9
10
11
15
13
17
11
10
10
19
14
16
21
23
28
32
29
28
23
81
97 120 130 149 157 148 132 129 121
Total Sales
15
21
34
31
43
39
31
39
38
41
Sales/Listings Ratio 18.5% 21.6% 28.3% 23.8% 28.9% 24.8% 20.9% 29.5% 29.5% 33.9%
Dec
Active Listings Year-to-Year by Map Area

Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
2014
26
17
5
12
4
15
79
2015
35
20
9
3
4
25
96
2016
46
26
15
1
10
23
121
Active Listings Year-to-Year by Map Area: October

140
120
100
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
80
60
40
20
2014
2015
2016
2016 Months of Inventory by Map Area

35.0
30.0
25.0
20.0
Manhattan Bch Sand

Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
15.0
10.0
5.0
Jan
Months of Inventory by Map Area

Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Jan
31.0
2.0
3.0
2.0
5.0
Feb
Feb
5.0
8.0
6.0
3.0
3.0
3.0
Mar
Mar
4.0
5.0
2.0
2.0
10.0
2.0
Apr
Apr
11.0
2.0
16.0
2.0
4.0
5.0
May
May
4.0
2.0
4.0
4.0
4.0
5.0
Jun
Jul
Aug
Jun
8.0
3.0
8.0
6.0
2.0
4.0
Jul
5.0
4.0
15.0
2.0
6.0
4.0
Aug
3.0
3.0
3.0
4.0
3.0
Sep
Sep
6.0
2.0
15.0
1.0
3.0
Oct
Oct
5.0
2.0
4.0
1.0
4.0
Nov
Nov
Dec
Dec
Months of Inventory Year-to-Year

5.0
4.5
4.0
3.5
3.0
2.5
2.0
2014
2015
2016
1.5
1.0
0.5
Jan
Feb
Months of Inventory Year-to-Year

2014
2015
2016
Mar
Jan
4.0
3.0
5.0
Apr
May
Feb
3.0
3.0
5.0
Mar
3.0
2.0
4.0
Jun
Apr
2.0
2.0
4.0
Jul
May
2.0
2.0
3.0
Aug
Jun
2.0
3.0
4.0
Jul
3.0
3.0
5.0
Sep
Aug
2.0
3.0
3.0
Oct
Sep
3.0
3.0
3.0
Nov
Oct
2.0
3.0
3.0
Dec
Nov
2.0
4.0
Dec
1.0
3.0
Summary
October was a good month for Manhattan Beach real estate investment as total sales increased 7.9%, the median days to sell
improved 2.3%, the median days to sell dropped by 54.3%, and the sales-listing ratio jumped 14.9%. Net listing during this
period of time declined a marginal 6.2%. Year-over-year months of inventory held constant at 3.0.
In the news According to C.A.R., thirty-one percent of California households could afford to purchase the $515,940
median-priced home in the third quarter, unchanged from second-quarter 2016 and up from 29 percent in third-quarter
2015. http://www.car.org/newsstand/newsreleases/2016releases/3qtrhousingaffordability
For listing or buying questions or representation, or further information on market trending behavior, please feel free to contact
me anytime. I look forward to hearing from you!
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Months of Inventory
Sep 2016
Monthly Comparison Year-to-Year

Total Sales
Median Sales Price
Median Days to Sell
Listings
Months of Inventory
Oct 2015
38
2,200,000
46
129
29.5%
3.0
32
2,080,000
32
96
3.0
Oct 2016
41
2,250,000
21
121
33.9%
3.0
Oct 2016
41
2,250,000
21
121
3.0
Delta (qty)
3
50,000
-25
-8
0.044
0.0
Delta
9
170,000
-11
25
0
Delta (%)
7.9%
2.3%
-54.3%
-6.2%
14.9%
0.0%
Increase
Decrease
Delta
28.1%
8.2%
-34.4%
26.0%
0.0%
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
Hady Chahine
hady@hadychahine.com
310-404-5361
Website
Listings
MLS
BLOG
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.

Manhattan Beach Real Estate Market Conditions - October 2016

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Manhattan Beach Real Estate Market Conditions - October 2016

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Manhattan Beach

Residential Real Estate

Key Statistics for October

About Hady Chahine

Key Statistics for October

Monthly Comparison Year-to-Year

Back to Table of Contents

Total Sales Month-to-Month by Map Area

2016 Total Sales Month-to-Month by Map Area

Manhattan Bch Sand

Back to Table of Contents

Total Sales Year-to-Year by Map Area

Total Sales Year-to-Year by Map Area: October

Manhattan Bch Sand

Back to Table of Contents

Median Sales Price Month-to-Month by Map Area

2016 Median Sales Price Month-to-Month by Map Area

Manhattan Bch Sand

Back to Table of Contents

Median Sales Price Year-to-Year by Map Area

Median Sales Price Year-to-Year by Map Area: October

Back to Table of Contents

2016 Active Listings by Map Area

Manhattan Bch Sand

Active Listings vs. Total Sales by Map Area

Back to Table of Contents

2016 Total Active Listings vs. Total Sales

Active Listings vs. Total Sales by Map Area

Back to Table of Contents

Active Listings Year-to-Year by Map Area

Active Listings Year-to-Year by Map Area: October

Back to Table of Contents

2016 Months of Inventory by Map Area

Manhattan Bch Sand

Months of Inventory by Map Area

Back to Table of Contents

Months of Inventory Year-to-Year

Months of Inventory Year-to-Year

Back to Table of Contents

Monthly Comparison Year-to-Year

Back to Table of Contents

Back to Table of Contents

Back to Table of Contents

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