MB Market Update: 4/15/13

By Dave Fratello | April 18th, 2013

So many new listings, but still many new sales.

Inventory dropped from late March through mid-month.

Here's the quick overview on active inventory:

  • 35 active listings as of 4/15/13
  • 29 SFRs
  • 6 THs

This is a drop in inventory by 7 homes from the end of March. New listings are simply being absorbed.

(Update: Inventory is at 41 total as of Friday morning.)

Active listings by region of Manhattan Beach:

  • Tree Section: 8 actives
  • Sand Section: 13 actives
  • Hill Section: 1 actives
  • East MB: 10 actives

You can see the complete report on active listings, with live links to every property, in this single post on our data blog: "MB Inventory as of 4/15/13."

It's worth noting that Sand Section listings dropped the most, from 20 to 13, over this period. We had been noting that very little new inventory seems to be emerging by the beach. So far.

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

In a fashion similar to the report on active listings, you'll find the report on sales organized by sub-region of Manhattan Beach.

Here's a link to the post on our data blog: "MB Pending/Sold as of 4/15/13."

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

Enjoy the new reports!

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