MB Market Update: 5/31/14

By Dave Fratello | June 2nd, 2014

It's time for one of our MB Market Updates. We do two updates a month, at mid-month and end of month. Data for these reports closed 5/31/14.

Here's the quick overview on active inventory (click here for the list as of 5/31):

  • 56 active listings as of 5/31/14 (-4 from 5/15/14)
  • 46 SFRs (-6)
  • 10 THs (+2)

See the MB Dashboard for up-to-the-minute data.

You will note that inventory has dropped here, and on a year-over year basis, we're now below 2013. The red line crossed the green.

This ends a 10-week run in which 2014 had seen greater inventory than last year.

Active listings by region of Manhattan Beach in this report:

  • Tree Section: 10 actives (-9 from 5/31/14)
  • Sand Section: 14 actives (+2)
  • Hill Section: 8 actives (-2)
  • East MB: 24 actives (+5)

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: "MB Pending/Sold as of 5/31/14."

In our report on closed sales, we provide the past 6 months' worth of sales by region. This is the typical window of time used by appraisers. The spreadsheets are useful to anyone tracking the market or trying to estimate the value of a home for purchase or sale.

Please see our blog disclaimer.

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