MB Market Update: 8/31/13

By Dave Fratello | September 4th, 2013

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

We speculated in mid-August that maybe, just maybe, we'd finally start to see a little boost in inventory by Labor Day.

Ha ha ha. Maybe later.

At this report, active listings were down by 11, from 63 to 52 – that's in just 2 weeks.

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

  • 52 active listings as of 8/31/13
  • 42 SFRs
  • 10 THs

It's just less and less and less than we saw during the Summer.

Mid-July saw 70 listings, mid-August 63, and now here we are. It can only go up, right?

Active listings by region of Manhattan Beach:

  • Tree Section: 10 actives
  • Sand Section: 16 actives
  • Hill Section: 8 actives
  • East MB: 18 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 8/31/13."

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 8/31/13."

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

Please see our blog disclaimer.

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