MB Market Update: 7/31/14

By Dave Fratello | August 5th, 2014

It's been a muggy, slightly weird start to August here, but here's hoping your Summer is unfolding at an appropriately lazy pace.

You think of Manhattan Beach real estate, and you might think of beach castles. At this weekend's International Surf Festival, we watched this little beach castle under construction. By a nose, it was the 1st-place finisher in the "group" competition.

For more pics from the many and varied Surf Fest activities, see this post at DigMB.com.

Back in local real estate, it's time for one of our twice-monthly updates on market activity, with updated spreadsheets on inventory and sales.

Here's the quick overview on active inventory (click here for the list as of 7/31:

  • 65 active listings as of 7/31/14 (+4 from 7/15/14)
  • 53 SFRs
  • 12 THs

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

We see inventory basically flat year-over-year, as there were 66 actives as of 7/31/13.

Active listings by region of Manhattan Beach in this report:

  • Tree Section: 11 actives
  • Sand Section: 19 actives
  • Hill Section: 6 actives
  • East MB: 29 actives

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

Sales are organized by sub-region of Manhattan Beach.

Here's a link to the spreadsheet: "MB Sold as of 7/31/14."

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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