Manhattan Beach real estate statistics and analysis for December 2013. 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
December 2013

2. Key Statistics for December
Sales
2013 Residential Sales Stats: Oct - Dec
Year-to-Year Total Sales by Map Area: Dec
Median
2013 Median Sales Stats: Oct - Dec
Year-to-Year Median Sales by Map Area: Dec
Table of
Contents
Listings
2013 Active Listings by Map Area
2013 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area: Dec
Inventory
2013 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Outlook for January
About the Mother & Son South Bay Real Estate Team
Contact Information

3. Key Statistics for December
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Inventory Turnover
Nov 2013
29
1,995,000
52
43
67.4
1.5
Dec 2013
Monthly Comparison Year-to-Year
Total Sales
Median Sales Price
Median Days to Sell
Listings
Inventory Turnover
Dec 2012
Dec 2013
36
1,362,500
45
70
1.9
28
1,395,000
31
23
121.7
0.8
28
1,395,000
31
23
0.8
Delta (qty)
-1
(600,000)
-21
-20
54.3
-0.7
Delta
-8
32,500
-14
-47
-1.1
Delta (%)
-3.4%
-30.1%
-40.4%
-46.5%
80.6%
-46.7%
Increase
Decrease
Delta
-22.2%
2.4%
-31.1%
-67.1%
-57.9%
Increase
Decrease
= trending positive
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= trending positive
= trending negative
= trending negative

4. 2013 Residential Sales 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
Oct
5
11
3
2
5
3
29
Nov
9
9
3
2
1
5
29
Dec
7
5
3
2
6
5
28
YTD
21
25
9
6
12
13
86
2013 Residential Sales Statistics: Oct - Dec
12
10
8
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
6
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
4
2
0
Oct
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Nov
Dec

5. Sales by Map Area: Year-to-Year for December
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Total Sales
2011
10
5
0
2
3
7
27
2012
9
9
1
3
4
10
36
2013
7
5
3
2
6
5
28
Total Sales by Map Area: Year-to-Year for December
10
9
8
7
Manhattan Bch Sand
6
Manhattan Bch Tree
Manhattan Bch Hill
5
Manhattan Village
4
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
3
2
1
0
2011
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2012
2013

6. 2013 Median Sale Price 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 Sale Price
Oct
Nov
Dec
1,760,000
1,520,000
1,750,000
1,017,500
1,335,000
1,960,000
1,520,000
2,200,000
2,049,000
2,550,000
1,327,500
900,000
1,340,000
1,995,000
1,999,000
1,790,000
3,800,000
982,500
811,250
1,250,000
1,395,000
2013 Median Sale Price Statistics: Oct - Dec
4,000,000
3,500,000
3,000,000
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sale Price
2,500,000
2,000,000
1,500,000
1,000,000
500,000
Oct
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Nov
Dec

7. Median Sale Price by Map Area: Year-to-Year for December
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sale Price
2011
1,720,000
1,499,000
1,008,500
865,000
1,440,000
1,450,000
2012
2,218,000
950,000
1,825,000
1,210,000
974,500
1,663,250
1,362,500
2013
1,999,000
1,790,000
3,800,000
982,500
811,250
1,250,000
1,395,000
Median Sale Price by Map Area: Year-to-Year for December
4,000,000
3,500,000
3,000,000
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Market Median Sale Price
2,500,000
2,000,000
1,500,000
1,000,000
500,000
2011
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2012
2013

8. 2013 Active Listings by Map Area
35
30
25
20
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
15
10
5
Jan
2013 Active Listings/Total Sales by Map Area
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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Feb
Jan
28
8
4
3
3
17
63
Mar
Apr
May
Jun
Feb
Mar
Apr
May
30
11
4
4
10
15
74
35
25
6
3
9
7
85
29
17
6
4
19
75
29
21
12
2
8
20
92
Jul
Jun
28
28
17
3
7
21
104
Aug
Jul
25
24
14
5
7
18
93
Sep
Oct
Nov
Dec
Aug
Sep
Oct
Nov
Dec
22
15
15
5
8
15
80
26
14
11
1
6
11
69
17
12
7
1
9
11
57
13
11
5
2
4
8
43
7
8
2
2
4
23

9. 2013 Total Active Listings vs. Total Sales
120
100
80
60
Total Active Listings
Total Sales
40
20
Jan
2013 Active Listings/Total Sales by Map Area
Feb
Jan
Mar
Feb
Apr
Mar
May
Apr
Jun
May
Jul
Jun
Aug
Sep
Oct
Nov
Jul
Aug
Sep
Oct
Dec
Nov
Dec
Manhattan Bch Sand
28
30
35
29
29
28
25
22
26
17
13
7
Manhattan Bch Tree
8
11
25
17
21
28
24
15
14
12
11
8
Manhattan Bch Hill
4
4
6
6
12
17
14
15
11
7
5
2
Manhattan Village
3
4
3
2
3
5
5
1
1
2
Manhattan Bch Heights/Lib Vlg
3
10
9
4
8
7
7
8
6
9
4
2
Manhattan Bch Mira Costa
17
15
7
19
20
21
18
15
11
11
8
4
Total Active Listings
63
74
85
75
92 104
93
80
69
57
43
23
Total Sales
22
22
42
45
50
42
45
40
32
29
29
28
Sales/Listings Ratio 34.9% 29.7% 49.4% 60.0% 54.3% 40.4% 48.4% 50.0% 46.4% 50.9% 67.4% 121.7%
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10. Active Listings by Map Area: Year-to-Year for December
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
Total Active Listings
2011
46
18
12
5
5
16
102
2012
26
11
7
5
5
16
70
2013
7
8
2
0
2
4
23
Active Listings by Map Area: Year-to-Year for December
50
45
40
35
Manhattan Bch Sand
Manhattan Bch Tree
30
Manhattan Bch Hill
25
Manhattan Village
Manhattan Bch Heights/Lib Vlg
20
Manhattan Bch Mira Costa
15
10
5
0
2011
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2012
2013

11. 2013 Months of Inventory by Map Area
18.0
16.0
14.0
12.0
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
10.0
8.0
6.0
4.0
2.0
Jan
2013 Months of Inventory by Map Area
Jan
Manhattan Bch Sand
Manhattan Bch Tree
Manhattan Bch Hill
Manhattan Village
Manhattan Bch Heights/Lib Vlg
Manhattan Bch Mira Costa
2.0
2.0
2.0
3.0
17.0
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Feb
Mar
Apr
May
Feb
Mar
Apr
May
4.3
3.7
1.3
1.3
3.3
5.0
2.3
3.1
1.2
3.0
2.3
0.8
1.6
1.3
6.0
0.8
3.8
1.8
1.2
4.0
0.7
2.0
3.3
Jun
Jun
3.1
2.3
5.7
1.5
0.9
2.6
Jul
Jul
1.7
2.0
4.7
5.0
1.8
1.8
Aug
Sep
Oct
Nov
Dec
Aug
Sep
Oct
Nov
Dec
3.1
0.9
3.0
5.0
2.0
2.1
5.2
1.4
1.8
0.5
2.0
1.8
3.4
1.1
2.3
0.5
1.8
3.7
1.4
1.2
1.7
1.0
4.0
1.6
1.0
1.6
0.7
0.3
0.8

12. Months of Inventory: Year-to-Year
10.0
9.0
8.0
7.0
6.0
2011
2012
2013
5.0
4.0
3.0
2.0
1.0
Jan
Feb
Mar
Months of Inventory: Year-to-Year
2011
2012
2013
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Apr
May
Jan
5.7
6.8
2.9
Jun
Feb
9.3
6.1
3.4
Mar
3.6
2.4
2.0
Jul
Apr
4.5
2.6
1.7
Aug
May
4.6
2.8
1.8
Sep
Jun
3.3
2.9
2.5
Jul
3.3
3.0
2.1
Oct
Aug
3.8
2.4
2.0
Nov
Sep
4.5
4.1
2.2
Dec
Oct
5.7
3.2
2.0
Nov
4.6
2.1
1.5
Dec
3.8
1.9
0.8

13. Outlook for January
For December 2013, the Manhattan Beach residential real estate market performed as expected with
trending decreases in total sales, median sales price, and the number of listings. On a more positive
note, however, improvements were recorded for median days to sell, sales/listing ratio, and the inventory
turnover rates.
Projections for the New Year are encouraging given a fairly steady interest in buyer and seller activity
and because the cost to borrower money remains at historically low levels. For questions concerning
market trending behavior, or to request a complementary comparative market analysis, please give me a
call.
With this in mind, the recap is…
Month-to-Month Comparison
Total Sales
Median Sales Price
Median Days to Sell
Listings
Sales/Listing Ratio
Inventory Turnover
Back to Table of Contents
Nov 2013
29
1,995,000
52
43
67.4
1.5
Dec 2013
28
1,395,000
31
23
121.7
0.8
Delta (qty)
-1
(600,000)
-21
-20
54.3
-0.7
Delta (%)
-3.4%
-30.1%
-40.4%
-46.5%
80.6%
-46.7%
Increase
Decrease

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
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15. Hassana Chahine
 hassana@hhcrealestate.com
 310-756-8949
Hady Chahine
 hady@hhcrealestate.com
 310-404-5361
Website: http://HHCRealEstate.com
Listings: http://HHCRealEstate.com/featured-south-bay-homes
MLS:
http://HHCRealEstate.com/south-bay-mls-real-estate-listings
Blog:
http://HHCRealEstate.com/real-estate-news/
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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