Table of
Contents
Key Statistics for September
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 September
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Aug 2016 Sep 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 39 38 -1 -2.6%
Median Sales Price 1,830,000 2,200,000 370,000 20.2%
Median Days to Sell 56 46 -10 -17.9%
Listings 132 129 -3 -2.3%
Sales/Listing Ratio 29.5% 29.5% 0 0.0%
Months of Inventory 3.0 3.0 0.0 0.0%
Monthly Comparison Year-to-Year Sep 2015 Sep 2016 Delta Delta Increase Decrease
Total Sales 38 38 0 0.0%
Median Sales Price 2,075,000 2,200,000 125,000 6.0%
Median Days to Sell 50 46 -4 -8.0%
Listings 94 129 35 37.2%
Months of Inventory 3.0 3.0 0 0.0%
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Total Sales Month-to-Month by Map Area Jul Aug Sep
Manhattan Bch Sand 9 13 8
Manhattan Bch Tree 8 9 12
Manhattan Bch Hill 1 4 1
Manhattan Village 2 - -
Manhattan Bch Heights/Lib Vlg 3 3 7
Manhattan Bch Mira Costa 8 10 10
Total Sales 31 39 38
-
5
10
15
20
25
30
35
40
Jul Aug Sep
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 10 13 8
Manhattan Bch Tree 5 14 12
Manhattan Bch Hill 2 3 1
Manhattan Village 1 - -
Manhattan Bch Heights/Lib Vlg 4 5 7
Manhattan Bch Mira Costa 5 3 10
Total Sales 27 38 38
-
5
10
15
20
25
30
35
40
2014 2015 2016
Total Sales Year-to-Year by Map Area: September
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 Jul Aug Sep
Manhattan Bch Sand 2,800,000 2,309,000 2,500,000
Manhattan Bch Tree 3,000,000 1,769,825 2,315,000
Manhattan Bch Hill 6,350,000 1,762,500 2,870,000
Manhattan Village 1,355,000 - -
Manhattan Bch Heights/Lib Vlg 1,340,000 2,475,000 1,529,000
Manhattan Bch Mira Costa 2,004,500 1,562,500 1,887,500
Market Median Sales Price 2,255,000 1,830,000 2,200,000
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
Jul Aug Sep
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 2,387,500 2,250,000 2,500,000
Manhattan Bch Tree 1,910,000 2,310,750 2,315,000
Manhattan Bch Hill 2,205,000 2,000,000 2,870,000
Manhattan Village 1,375,000 - -
Manhattan Bch Heights/Lib Vlg 1,362,500 1,600,000 1,529,000
Manhattan Bch Mira Costa 1,700,000 1,300,000 1,887,500
Market Median Sales Price 1,710,000 2,075,000 2,200,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
2014 2015 2016
Median Sales Price Year-to-Year by Map Area: September
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 37 45 53 58 47 45 45
Manhattan Bch Tree 16 24 40 31 34 37 34 31 28
Manhattan Bch Hill 8 12 13 16 17 15 15 12 15
Manhattan Village 3 3 4 6 7 6 3 4 3
Manhattan Bch Heights/Lib Vlg 4 9 10 11 15 13 17 11 10
Manhattan Bch Mira Costa 19 14 16 21 23 28 32 29 28
Total Active Listings 81 97 120 130 149 157 148 132 129
-
10
20
30
40
50
60
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 37 45 53 58 47 45 45
Manhattan Bch Tree 16 24 40 31 34 37 34 31 28
Manhattan Bch Hill 8 12 13 16 17 15 15 12 15
Manhattan Village 3 3 4 6 7 6 3 4 3
Manhattan Bch Heights/Lib Vlg 4 9 10 11 15 13 17 11 10
Manhattan Bch Mira Costa 19 14 16 21 23 28 32 29 28
Total Active Listings 81 97 120 130 149 157 148 132 129
Total Sales 15 21 34 31 43 39 31 39 38
Sales/Listings Ratio 18.5% 21.6% 28.3% 23.8% 28.9% 24.8% 20.9% 29.5% 29.5%
-
20
40
60
80
100
120
140
160
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 29 36 45
Manhattan Bch Tree 12 16 28
Manhattan Bch Hill 7 11 15
Manhattan Village 14 1 3
Manhattan Bch Heights/Lib Vlg 6 6 10
Manhattan Bch Mira Costa 20 24 28
Total Active Listings 88 94 129
-
20
40
60
80
100
120
140
2014 2015 2016
Active Listings Year-to-Year by Map Area: September
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 4.0 11.0 4.0 8.0 5.0 3.0 6.0
Manhattan Bch Tree 2.0 8.0 5.0 2.0 2.0 3.0 4.0 3.0 2.0
Manhattan Bch Hill - 6.0 2.0 16.0 4.0 8.0 15.0 3.0 15.0
Manhattan Village 3.0 3.0 2.0 2.0 4.0 6.0 2.0 - -
Manhattan Bch Heights/Lib Vlg 2.0 3.0 10.0 4.0 4.0 2.0 6.0 4.0 1.0
Manhattan Bch Mira Costa 5.0 3.0 2.0 5.0 5.0 4.0 4.0 3.0 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 4.0 4.0 3.0 4.0 5.0 3.0 3.0
-
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 Real estate activity in Manhattan Beach during September produced a 20.2% increase in the median sales price and a 17.9%
drop in the median days to sell. During this period of time total sales shrunk 2.6% while nets listings fell 2.3%. Year-over-year
the months of inventory metric held constant at 3.0.
In the news… According to C.A.R., ““While demand remains strong for lower-priced homes, which are more inventory
constrained, sales of homes at the higher-end have slowed significantly,” said C.A.R. Vice President and Chief Economist
Leslie Appleton-Young. http://www.car.org/newsstand/newsreleases/2016releases/september2016sales?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 Sep 2015 Sep 2016 Delta Delta Increase Decrease
Total Sales 38 38 0 0.0%
Median Sales Price 2,075,000 2,200,000 125,000 6.0%
Median Days to Sell 50 46 -4 -8.0%
Listings 94 129 35 37.2%
Months of Inventory 3.0 3.0 0 0.0%
Month-to-Month Comparison Aug 2016 Sep 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 39 38 -1 -2.6%
Median Sales Price 1,830,000 2,200,000 370,000 20.2%
Median Days to Sell 56 46 -10 -17.9%
Listings 132 129 -3 -2.3%
Sales/Listing Ratio 29.5% 29.5% 0 0.0%
Months of Inventory 3.0 3.0 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
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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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