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Contents
Key Statistics for July
Sales 2017 Residential Sales Stats Year-to-Year Total Sales by Map Area Median 2017 Median Sales Stats Year-to-Year Median Sales by Map Area Listings 2017 Active Listings by Map Area 2017 Total Active Listings vs. Total Sales Year-to-Year Active Listings by Map Area Inventory 2017 Months of Inventory by Map Area Year-to-Year Months of Inventory
Summary
About Hady Chahine Contact Information
Key Statistics for July
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison June 2017 July 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 57 41 -16 -28.1%
Median Sales Price 2,675,000 2,425,000 (250,000) -9.3%
Median Days to Sell 9 13 4 44.4%
Listings 124 116 -8 -6.5%
Sales/Listing Ratio 46.0% 35.3% -0.107 -23.3%
Months of Inventory 2.0 3.0 1.0 50.0%
Monthly Comparison Year-to-Year July 2016 July 2017 Delta Delta Increase Decrease
Total Sales 31 41 10 32.3%
Median Sales Price 2,255,000 2,425,000 170,000 7.5%
Median Days to Sell 39 13 -26 -66.7%
Listings 135 116 -19 -14.1%
Months of Inventory 5.0 3.0 -2 -40.0%
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Total Sales Month-to-Month by Map Area May Jun Jul
Manhattan Bch Sand 7 11 15
Manhattan Bch Tree 16 21 10
Manhattan Bch Hill 6 6 2
Manhattan Village - 1 2
Manhattan Bch Heights/Lib Vlg 5 6 6
Manhattan Bch Mira Costa 12 12 6
Total Sales 46 57 41
-
10
20
30
40
50
60
May Jun Jul
2017 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 2015 2016 2017
Manhattan Bch Sand 4 8 15
Manhattan Bch Tree 9 8 10
Manhattan Bch Hill 1 2 2
Manhattan Village 2 2 2
Manhattan Bch Heights/Lib Vlg 7 3 6
Manhattan Bch Mira Costa 9 8 6
Total Sales 32 31 41
-
5
10
15
20
25
30
35
40
45
2015 2016 2017
Total Sales Year-to-Year by Map Area: July
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 May Jun Jul
Manhattan Bch Sand 3,500,000 4,000,000 3,075,000
Manhattan Bch Tree 2,192,500 2,600,000 2,817,500
Manhattan Bch Hill 2,362,500 3,500,000 3,597,500
Manhattan Village - 1,150,000 1,267,500
Manhattan Bch Heights/Lib Vlg 1,554,000 1,475,000 2,142,500
Manhattan Bch Mira Costa 1,974,500 2,347,500 1,690,000
Market Median Sales Price 2,174,746 2,675,000 2,425,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
May Jun Jul
2017 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 2015 2016 2017
Manhattan Bch Sand 7,156,250 2,650,000 3,075,000
Manhattan Bch Tree 2,075,000 3,000,000 2,817,500
Manhattan Bch Hill 9,400,000 6,050,000 3,597,500
Manhattan Village 1,386,500 1,355,000 1,267,500
Manhattan Bch Heights/Lib Vlg 1,400,000 1,340,000 2,142,500
Manhattan Bch Mira Costa 1,229,000 2,004,500 1,690,000
Market Median Sales Price 1,655,000 2,255,000 2,425,000
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
2015 2016 2017
Median Sales Price Year-to-Year by Map Area: July
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 42 43 49 60 55 59 57
Manhattan Bch Tree 16 30 32 27 23 17 23
Manhattan Bch Hill 14 15 15 14 16 17 11
Manhattan Village 3 2 - 1 2 5 5
Manhattan Bch Heights/Lib Vlg 3 8 7 7 6 7 4
Manhattan Bch Mira Costa 20 13 20 19 12 19 16
Total Active Listings 98 111 123 128 114 124 116
-
10
20
30
40
50
60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 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 42 43 49 60 55 59 57
Manhattan Bch Tree 16 30 32 27 23 17 23
Manhattan Bch Hill 14 15 15 14 16 17 11
Manhattan Village 3 2 - 1 2 5 5
Manhattan Bch Heights/Lib Vlg 3 8 7 7 6 7 4
Manhattan Bch Mira Costa 20 13 20 19 12 19 16
Total Active Listings 98 111 123 128 114 124 116
Total Sales 23 15 32 48 46 57 41
Sales/Listings Ratio 23.5% 13.5% 26.0% 37.5% 40.4% 46.0% 35.3%
-
20
40
60
80
100
120
140
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
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Active Listings Year-to-Year by Map Area 2015 2016 2017
Manhattan Bch Sand 35 44 57
Manhattan Bch Tree 19 32 23
Manhattan Bch Hill 12 13 11
Manhattan Village 1 3 5
Manhattan Bch Heights/Lib Vlg 9 12 4
Manhattan Bch Mira Costa 21 31 16
Total Active Listings 97 135 116
-
20
40
60
80
100
120
140
2015 2016 2017
Active Listings Year-to-Year by Map Area: July
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 6.0 22.0 5.0 7.0 8.0 5.0 4.0
Manhattan Bch Tree 2.0 4.0 3.0 2.0 1.0 1.0 2.0
Manhattan Bch Hill 14.0 15.0 5.0 5.0 3.0 3.0 6.0
Manhattan Village 2.0 2.0 - - - 5.0 3.0
Manhattan Bch Heights/Lib Vlg 1.0 4.0 4.0 1.0 1.0 1.0 1.0
Manhattan Bch Mira Costa - 7.0 3.0 2.0 1.0 2.0 3.0
-
5.0
10.0
15.0
20.0
25.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 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
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 3.0 3.0 4.0
2017 4.0 7.0 4.0 3.0 2.0 2.0 3.0
-
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
2015
2016
2017
Summary According to the MLS, Manhattan Beach real estate activity cooled off in July as total sales decreased 28.1%, the median sales
price fell 9.3% or $250K, median days to sell increased 44.4%, net listings dropped 6.5%, and the sales-listing ratio metric
declined 23.3%. Year-over-year months of inventory metric dropped 40% from 2016 to 2017.
In June, C.A.R. reported ““With active listings 13.5 percent lower than last June, we’ve now experienced a full two years in
which active listings have fallen on a year-over-year basis and the lowest inventory level this year. Would-be sellers aren’t
listing their homes as many of them would also face an inventory challenge if they were to turn around and buy another
property.” http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/june2017sales
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 July 2016 July 2017 Delta Delta Increase Decrease
Total Sales 31 41 10 32.3%
Median Sales Price 2,255,000 2,425,000 170,000 7.5%
Median Days to Sell 39 13 -26 -66.7%
Listings 135 116 -19 -14.1%
Months of Inventory 5.0 3.0 -2 -40.0%
Month-to-Month Comparison June 2017 July 2017 Delta (qty) Delta (%) Increase Decrease
Total Sales 57 41 -16 -28.1%
Median Sales Price 2,675,000 2,425,000 (250,000) -9.3%
Median Days to Sell 9 13 4 44.4%
Listings 124 116 -8 -6.5%
Sales/Listing Ratio 46.0% 35.3% -0.107 -23.3%
Months of Inventory 2.0 3.0 1.0 50.0%
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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