MB Market Update: 10/31/13

By Dave Fratello | November 4th, 2013

As the calendar flipped to November last week, we continued to have real estate inventory near the lowest levels of the year.

On the positive side, we've begun to have some of those crisp, clear, warm days that Fall is known for sprinkling in among foggy days and occasional rain. Saturday morning we caught this shot on the beach in MB's South End. (A fuller-size version can be viewed on MBC's Facebook page.)

We recorded a little bump up to 48 total listings on 10/31, up from 45 at mid-month, so some good news, seemingly.

And yet this morning, after several new deals and a cancellation (at 848 11th), we're down to 43 listings, a number last seen at the end of January, right before the Super Bowl (and the traditional kickoff of our Spring season).

Here's the quick overview on active inventory:

  • 48 active listings as of 10/31/13
  • 41 SFRs
  • 7 THs

Active listings by region of Manhattan Beach:

  • Tree Section: 9 actives (-1 from mid-month)
  • Sand Section16 actives (+1) 
  • Hill Section: 5 actives (-1)
  • East MB18 actives (+4)

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 10/31/13."

We also provide 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 that spreadsheet on our data blog: "MB Pending/Sold as of 10/31/13."

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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