MB Market Update: 10/15/13

By Dave Fratello | October 16th, 2013

It's time for one of our twice-monthly market updates.

We wish we had some good news for those hoping to see more inventory. The short answer: No.

Inventory was down to 45 as we closed the books Oct. 15, down by 12 from just 2 weeks ago.

This marks the lowest real estate inventory in Manhattan Beach since March and April, when things were flying off the shelves.

To show where this update's 45 listings fits in the scheme of the year's inventory, see our chart from earlier this month – updated. (Chart is originally from the post "Low Inventory for 2013, Graphed.")

Here's the quick overview on active inventory:

  • 45 active listings as of 10/15/13
  • 39 SFRs
  • 6 THs

Active listings by region of Manhattan Beach:

  • Tree Section10 actives (-4 from end of Sept.)
  • Sand Section15 actives (-3) 
  • Hill Section: 6 actives (-3)
  • East MB14 actives (-2)

You can see the complete report on active listings, with live links to every property, in this single spreadsheet on our data blog: "MB Inventory as of 10/15/13."

We're also providing a report on pending and closed sales by region of MB.

Sales are organized by sub-region of Manhattan Beach.

Here's a link to the spreadsheet on our data blog: "MB Pending/Sold as of 10/15/13."

For closed sales, we provide the past 6 months' worth of sales by region. This is the typical window of time used by appraisers.

Remember, these links are always live under the top "navbar" of the home page, right under "MB Market Updates."

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