Manhattan Beach real estate statistics and analysis for May 2016. Includes homes sales, listings and historical performance on a month to month and year over year basis.
2. Table of
Contents
Key Statistics for May
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
About Hady Chahine
Contact Information
3. Key Statistics for May
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Apr 2016 May 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 31 43 12 38.7%
Median Sales Price 2,200,000 2,225,000 25,000 1.1%
Median Days to Sell 27 33 6 22.2%
Listings 130 149 19 14.6%
Sales/Listing Ratio 23.8% 28.9% 0.051 21.4%
Months of Inventory 4.0 3.0 -1.0 -25.0%
Monthly Comparison Year-to-Year May 2015 May 2016 Delta Delta Increase Decrease
Total Sales 36 43 7 19.4%
Median Sales Price 2,337,500 2,225,000 (112,500) -4.8%
Median Days to Sell 31 33 2 6.5%
Listings 88 149 61 69.3%
Months of Inventory 2.0 3.0 1 50.0%
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Total Sales Month-to-Month by Map Area Mar Apr May
Manhattan Bch Sand 9 4 12
Manhattan Bch Tree 8 16 16
Manhattan Bch Hill 6 1 4
Manhattan Village 2 3 2
Manhattan Bch Heights/Lib Vlg 1 3 4
Manhattan Bch Mira Costa 8 4 5
Total Sales 34 31 43
-
5
10
15
20
25
30
35
40
45
Mar Apr May
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 11 12
Manhattan Bch Tree 16 16 16
Manhattan Bch Hill 1 - 4
Manhattan Village 3 1 2
Manhattan Bch Heights/Lib Vlg 7 4 4
Manhattan Bch Mira Costa 6 4 5
Total Sales 43 36 43
-
5
10
15
20
25
30
35
40
45
2014 2015 2016
Total Sales Year-to-Year by Map Area: May
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 Mar Apr May
Manhattan Bch Sand 2,599,000 2,150,000 3,475,000
Manhattan Bch Tree 2,730,000 2,715,000 2,188,750
Manhattan Bch Hill 3,597,500 2,365,000 5,175,000
Manhattan Village 1,445,000 1,290,000 1,627,500
Manhattan Bch Heights/Lib Vlg 1,335,000 1,337,500 1,707,500
Manhattan Bch Mira Costa 2,247,500 2,037,500 1,425,000
Market Median Sales Price 2,481,250 2,200,000 2,225,000
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
Mar Apr May
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 2,150,000 2,825,000 3,475,000
Manhattan Bch Tree 2,045,000 2,137,500 2,188,750
Manhattan Bch Hill 3,890,000 - 5,175,000
Manhattan Village 1,650,000 855,000 1,627,500
Manhattan Bch Heights/Lib Vlg 1,500,000 1,662,000 1,707,500
Manhattan Bch Mira Costa 1,850,000 2,542,500 1,425,000
Market Median Sales Price 1,995,000 2,337,500 2,225,000
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
2014 2015 2016
Median Sales Price Year-to-Year by Map Area: May
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sales Price
8. Back to Table of Contents
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
Manhattan Bch Tree 16 24 40 31 34
Manhattan Bch Hill 8 12 13 16 17
Manhattan Village 3 3 4 6 7
Manhattan Bch Heights/Lib Vlg 4 9 10 11 15
Manhattan Bch Mira Costa 19 14 16 21 23
Total Active Listings 81 97 120 130 149
-
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
Manhattan Bch Tree 16 24 40 31 34
Manhattan Bch Hill 8 12 13 16 17
Manhattan Village 3 3 4 6 7
Manhattan Bch Heights/Lib Vlg 4 9 10 11 15
Manhattan Bch Mira Costa 19 14 16 21 23
Total Active Listings 81 97 120 130 149
Total Sales 15 21 34 31 43
Sales/Listings Ratio 18.5% 21.6% 28.3% 23.8% 28.9%
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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
10. Back to Table of Contents
Active Listings Year-to-Year by Map Area 2014 2015 2016
Manhattan Bch Sand 20 27 53
Manhattan Bch Tree 23 26 34
Manhattan Bch Hill 12 10 17
Manhattan Village 7 3 7
Manhattan Bch Heights/Lib Vlg 4 6 15
Manhattan Bch Mira Costa 25 16 23
Total Active Listings 91 88 149
-
20
40
60
80
100
120
140
160
2014 2015 2016
Active Listings Year-to-Year by Map Area: May
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Total Active Listings
11. Back to Table of Contents
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
Manhattan Bch Tree 2.0 8.0 5.0 2.0 2.0
Manhattan Bch Hill - 6.0 2.0 16.0 4.0
Manhattan Village 3.0 3.0 2.0 2.0 4.0
Manhattan Bch Heights/Lib Vlg 2.0 3.0 10.0 4.0 4.0
Manhattan Bch Mira Costa 5.0 3.0 2.0 5.0 5.0
-
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
12. Back to Table of Contents
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
-
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
13. Summary
The month of May proved encouraging for real estate investment in Manhattan Beach residential properties. From a month-to-
month perspective improvements included total sales (+38.7%), median sales price (+1.1%), net listings (+22.2%), sales-listing
ratio (+21.4%), and the months of inventory (-25%).
In the news… According to C.A.R., “California existing home sales edged up in May, rising above the 400,000 benchmark level
for the third straight month, while strained housing supply continued to push prices
higher.”http://www.car.org/newsstand/newsreleases/2016releases/May2016sales?view=Standard
For listing or buying questions or representation, 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 May 2015 May 2016 Delta Delta Increase Decrease
Total Sales 36 43 7 19.4%
Median Sales Price 2,337,500 2,225,000 (112,500) -4.8%
Median Days to Sell 31 33 2 6.5%
Listings 88 149 61 69.3%
Months of Inventory 2.0 3.0 1 50.0%
Month-to-Month Comparison Apr 2016 May 2016 Delta (qty) Delta (%) Increase Decrease
Total Sales 31 43 12 38.7%
Median Sales Price 2,200,000 2,225,000 25,000 1.1%
Median Days to Sell 27 33 6 22.2%
Listings 130 149 19 14.6%
Sales/Listing Ratio 23.8% 28.9% 0.051 21.4%
Months of Inventory 4.0 3.0 -1.0 -25.0%
14. 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…
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.
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Hady Chahine
• hady@hadychahine.com
• 310-404-5361