Manhattan Beach real estate statistics and analysis for March 2014. Includes homes sales, listings and historical performance on a month to month and year over year basis.

1. Manhattan Beach
Residential Real Estate
Market Conditions
March 2014

2. Table of
Contents
Key Statistics for March
Sales
2014 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2014 Median Sales Stats
Year-to-Year Median Sales by Map Area
Listings
2014 Active Listings by Map Area
2014 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2014 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Outlook for April
About the Mother & Son South Bay Real Estate Team
Contact Information

3. Key Statistics for March
Back to Table of Contents
= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Feb 2014 Mar 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 22 33 11 50.0%
Median Sales Price 1,952,500 1,717,000 (235,500) -12.1%
Median Days to Sell 24 26 2 8.3%
Listings 49 73 24 49.0%
Sales/Listing Ratio 44.9% 45.2% 0.003 0.7%
Months of Inventory 2.2 2.2 0.0 0.0%
Monthly Comparison Year-to-Year Mar 2013 Mar 2014 Delta Delta Increase Decrease
Total Sales 42 33 -9 -21.4%
Median Sales Price 1,552,000 1,717,000 165,000 10.6%
Median Days to Sell 28 26 -2 -7.1%
Listings 85 73 -12 -14.1%
Months of Inventory 2.0 2.2 0.2 10.0%

4. Back to Table of Contents
0
2
4
6
8
10
12
Jan Feb Mar
2014 Residential Sales Statistics: March
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
2014 Residential Sales by Map Area Jan Feb Mar
Manhattan Bch Sand 4 11 7
Manhattan Bch Tree 3 4 9
Manhattan Bch Hill 1 2 4
Manhattan Village 2 0 2
Manhattan Bch Heights/Lib Vlg 2 2 5
Manhattan Bch Mira Costa 3 3 6
Total Sales 15 22 33

5. Back to Table of Contents
0
2
4
6
8
10
12
14
16
2012 2013 2014
Total Sales by Map Area: Year-to-Year for March
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Sales by Map Area: Year-to-Year for March 2012 2013 2014
Manhattan Bch Sand 13 15 7
Manhattan Bch Tree 9 8 9
Manhattan Bch Hill 5 5 4
Manhattan Village 4 1 2
Manhattan Bch Heights/Lib Vlg 4 4 5
Manhattan Bch Mira Costa 9 9 6
Total Sales 44 42 33

6. Back to Table of Contents
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
Jan Feb Mar
2014 Median Sales Price Statistics: March
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sales Price
2014 Median Sales Price by Map Area Jan Feb Mar
Manhattan Bch Sand 3,075,000 2,005,000 1,979,000
Manhattan Bch Tree 2,135,000 2,181,000 1,717,000
Manhattan Bch Hill 2,300,000 2,157,500 3,725,000
Manhattan Village 918,750 - 1,017,500
Manhattan Bch Heights/Lib Vlg 1,820,000 1,257,500 1,249,000
Manhattan Bch Mira Costa 1,900,000 1,640,000 1,725,000
Market Median Sales Price 2,152,000 1,952,500 1,717,000

7. Back to Table of Contents
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
2012 2013 2014
Median Sales Price by Map Area: Year-to-Year for March
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sales Price
Median Sales Price by Map Area: Year-to-Year for March 2012 2013 2014
Manhattan Bch Sand 1,800,000 1,595,000 1,979,000
Manhattan Bch Tree 1,352,000 1,472,500 1,717,000
Manhattan Bch Hill 2,050,000 2,825,000 3,725,000
Manhattan Village 812,500 825,000 1,017,500
Manhattan Bch Heights/Lib Vlg 912,835 1,040,950 1,249,000
Manhattan Bch Mira Costa 1,350,000 1,320,000 1,725,000
Market Median Sales Price 1,376,000 1,552,000 1,717,000

8. Back to Table of Contents
-
5
10
15
20
25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 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
2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Manhattan Bch Sand 15 15 17
Manhattan Bch Tree 10 10 21
Manhattan Bch Hill 5 6 10
Manhattan Village - 2 5
Manhattan Bch Heights/Lib Vlg 7 9 7
Manhattan Bch Mira Costa 8 7 13
Total Active Listings 45 49 73

9. Back to Table of Contents
-
10
20
30
40
50
60
70
80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales
2014 Active Listings/Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Manhattan Bch Sand 15 15 17
Manhattan Bch Tree 10 10 21
Manhattan Bch Hill 5 6 10
Manhattan Village - 2 5
Manhattan Bch Heights/Lib Vlg 7 9 7
Manhattan Bch Mira Costa 8 7 13
Total Active Listings 45 49 73
Total Sales 15 22 33
Sales/Listings Ratio 33.3% 44.9% 45.2%

10. Back to Table of Contents
0
5
10
15
20
25
30
35
40
45
2012 2013 2014
Active Listings by Map Area: Year-to-Year for March
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Active Listings by Map Area: Year-to-Year for March 2012 2013 2014
Manhattan Bch Sand 44 35 17
Manhattan Bch Tree 21 25 21
Manhattan Bch Hill 14 6 10
Manhattan Village 4 3 5
Manhattan Bch Heights/Lib Vlg 6 9 7
Manhattan Bch Mira Costa 18 7 13
Total Active Listings 107 85 73

11. Back to Table of Contents
-
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
2014 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
2014 Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Manhattan Bch Sand 3.8 1.4 2.4
Manhattan Bch Tree 3.3 2.5 2.3
Manhattan Bch Hill 5.0 3.0 2.5
Manhattan Village - - 2.5
Manhattan Bch Heights/Lib Vlg 3.5 4.5 1.4
Manhattan Bch Mira Costa 2.7 2.3 2.2

12. Back to Table of Contents
-
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
2012
2013
2014
Months of Inventory: Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 6.8 6.1 2.4 2.6 2.8 2.9 3.0 2.4 4.1 3.2 2.1 1.9
2013 2.9 3.4 2.0 1.7 1.8 2.5 2.1 2.0 2.2 2.0 1.5 0.8
2014 3.0 2.2 2.2

13. Outlook for April
Manhattan Beach real estate activity for the month of March was fairly respectable considering the time
of year. While the month-to-month median sales price and median days to sell statistics trended slightly
negative, it was the month-to-month total sales, listings, and sales/listing ratio that outperformed
expectations. Of course, if you factor in the year-over-year median sales price for the month of March
you will find a 10.6% improvement in 2014 compared to 2013.
So, what should you expect in April? Evaluating all data collected in 2014 it is my position that the
month of April will continue to trend positive in most measurement categories, although the tax deadline
of April 15th is still a caveat yet to be reckoned with. Thus, time will tell but there is no doubt in my mind
with the 49% increase in listings in March that buyer activity should pick up in April.
Your recap…
Back to Table of Contents
Month-to-Month Comparison Feb 2014 Mar 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 22 33 11 50.0%
Median Sales Price 1,952,500 1,717,000 (235,500) -12.1%
Median Days to Sell 24 26 2 8.3%
Listings 49 73 24 49.0%
Sales/Listing Ratio 44.9% 45.2% 0.003 0.7%
Months of Inventory 2.2 2.2 0.0 0.0%

14. About the Mother & Son
South Bay Real Estate
Team…
 Serving South Bay Home Buyers and Sellers Since 1989
 RE/MAX Top 4 Team in California – 2012
 RE/MAX 100% Club - 2011
 Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010
 Shorewood Realtors Top Producing Agent (Hassana 1989-2001)
 ABR, RS, GRI, BPOR, SBAOR, CAR, NAR, IRES
Back to Table of Contents

15. 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.
Back to Table of Contents
Hady Chahine
 hady@hhcrealestate.com
 310-404-5361
Hassana Chahine
 hassana@hhcrealestate.com
 310-756-8949
Listings MLS BLOGWebsite