Table of
Contents
Key Statistics for February
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 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
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Key Statistics for February
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Jan 2016 Feb 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 15 21 6 40.0%
Median Sales Price 1,770,000 1,850,000 80,000 4.5%
Median Days to Sell 61 52 -9 -14.8%
Listings 81 97 16 19.8%
Sales/Listing Ratio 18.5% 21.6% 0.031 16.8%
Months of Inventory 5.0 5.0 0.0 0.0%
Monthly Comparison Year-to-Year Feb 2015 Feb 2016 Delta Delta Increase Decrease
Total Sales 19 21 2 10.5%
Median Sales Price 1,750,000 1,850,000 100,000 5.7%
Median Days to Sell 32 52 20 62.5%
Listings 61 97 36 59.0%
Months of Inventory 3.0 5.0 2 66.7%
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Total Sales Month-to-Month by Map Area Jan Feb Mar
Manhattan Bch Sand 1 7
Manhattan Bch Tree 7 3
Manhattan Bch Hill - 2
Manhattan Village 1 1
Manhattan Bch Heights/Lib Vlg 2 3
Manhattan Bch Mira Costa 4 5
Total Sales 15 21
-
5
10
15
20
25
Jan Feb Mar
2016 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 2014 2015 2016
Manhattan Bch Sand 11 3 7
Manhattan Bch Tree 4 6 3
Manhattan Bch Hill 2 2 2
Manhattan Village - 2 1
Manhattan Bch Heights/Lib Vlg 3 3 3
Manhattan Bch Mira Costa 5 3 5
Total Sales 25 19 21
-
5
10
15
20
25
2014 2015 2016
Total Sales Year-to-Year by Map Area: February
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 Jan Feb Mar
Manhattan Bch Sand 2,100,000 3,745,000
Manhattan Bch Tree 2,025,000 1,850,000
Manhattan Bch Hill - 4,325,000
Manhattan Village 2,400,000 1,425,000
Manhattan Bch Heights/Lib Vlg 2,130,000 1,199,500
Manhattan Bch Mira Costa 1,352,500 1,380,000
Market Median Sales Price 1,770,000 1,850,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
Jan Feb Mar
2016 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 2014 2015 2016
Manhattan Bch Sand 2,005,000 2,826,000 3,745,000
Manhattan Bch Tree 2,181,000 2,360,000 1,850,000
Manhattan Bch Hill 2,157,500 2,525,000 4,325,000
Manhattan Village - 855,000 1,425,000
Manhattan Bch Heights/Lib Vlg 1,115,000 1,291,875 1,199,500
Manhattan Bch Mira Costa 2,595,000 1,335,000 1,380,000
Market Median Sales Price 2,005,000 1,750,000 1,850,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
2014 2015 2016
Median Sales Price Year-to-Year by Map Area: February
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 31 35
Manhattan Bch Tree 16 24
Manhattan Bch Hill 8 12
Manhattan Village 3 3
Manhattan Bch Heights/Lib Vlg 4 9
Manhattan Bch Mira Costa 19 14
Total Active Listings 81 97
-
5
10
15
20
25
30
35
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 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
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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 31 35
Manhattan Bch Tree 16 24
Manhattan Bch Hill 8 12
Manhattan Village 3 3
Manhattan Bch Heights/Lib Vlg 4 9
Manhattan Bch Mira Costa 19 14
Total Active Listings 81 97
Total Sales 15 21
Sales/Listings Ratio 18.5% 21.6%
-
10
20
30
40
50
60
70
80
90
100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
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Active Listings Year-to-Year by Map Area 2014 2015 2016
Manhattan Bch Sand 19 20 35
Manhattan Bch Tree 15 15 24
Manhattan Bch Hill 7 4 12
Manhattan Village 3 5 3
Manhattan Bch Heights/Lib Vlg 9 5 9
Manhattan Bch Mira Costa 10 12 14
Total Active Listings 63 61 97
-
10
20
30
40
50
60
70
80
90
100
2014 2015 2016
Active Listings Year-to-Year by Map Area: February
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 31.0 5.0
Manhattan Bch Tree 2.0 8.0
Manhattan Bch Hill - 6.0
Manhattan Village 3.0 3.0
Manhattan Bch Heights/Lib Vlg 2.0 3.0
Manhattan Bch Mira Costa 5.0 3.0
-
5.0
10.0
15.0
20.0
25.0
30.0
35.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 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
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Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 4.0 3.0 3.0 2.0 2.0 2.0 3.0 2.0 3.0 2.0 2.0 1.0
2015 3.0 3.0 2.0 2.0 2.0 3.0 3.0 3.0 3.0 3.0 4.0 3.0
2016 5.0 5.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2014
2015
2016
Summary February was good to Manhattan Beach real estate investors as major data points revealed inspiring activity. For example, total
sale bumped 40%, market median sales price increased 4.5%, median days to sell dropped 14.8%, net listings rose 19.8%, and the
sales-listing ratio improved by 16.8%.
In the news… According to C.A.R., “Existing, single-family home sales totaled 393,360 in February on a seasonally adjusted
annualized rate, up 2.6 percent from January and 6.4 percent above February
2015.”http://www.car.org/newsstand/newsreleases/2016releases/february2016sales?view=Standard
For listing or buying guidance, or additional statistics on market trending behavior, please do not hesitate to contact me to
schedule a time to discuss how I can be of service to you.
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Monthly Comparison Year-to-Year Feb 2015 Feb 2016 Delta Delta Increase Decrease
Total Sales 19 21 2 10.5%
Median Sales Price 1,750,000 1,850,000 100,000 5.7%
Median Days to Sell 32 52 20 62.5%
Listings 61 97 36 59.0%
Months of Inventory 3.0 5.0 2 66.7%
Month-to-Month Comparison Jan 2016 Feb 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 15 21 6 40.0%
Median Sales Price 1,770,000 1,850,000 80,000 4.5%
Median Days to Sell 61 52 -9 -14.8%
Listings 81 97 16 19.8%
Sales/Listing Ratio 18.5% 21.6% 0.031 16.8%
Months of Inventory 5.0 5.0 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 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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