MB Market Update: 8/15/13

By Dave Fratello | August 16th, 2013

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

Here's the quick overview on active inventory at the end of the month:

  • 63 active listings as of 8/15/13
  • 52 SFRs
  • 11 THs

This is down 3 from July 31, and down 7 from mid-July.

That big Summer accretion of inventory some people were expecting? Didn't happen.

By the time of our next report (9/1/15), school will be in session and, if there is a growth in inventory around then, you'd also expect a riper buyer climate. People are ready to buy again – back from vacations, able to focus, etc. The "last pop" of the market typically runs from Labor Day till Halloween. But we'll see.

Active listings by region of Manhattan Beach:

  • Tree Section: 11 actives
  • Sand Section: 18 actives
  • Hill Section: 11 actives
  • East MB: 23 actives

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 8/15/13."

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 8/15/13."

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

Please see our blog disclaimer.

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