Manhattan Beach Real Estate Market Conditions October 2012
1. Manhattan Beach Real
Estate Market Conditions
October 2012
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
2. Key Statistics for September
Total Home Sales: 25 44% from August
Median Sale Price: $1.38 Million 21% from Sept. 2011
Current Active Listings: 94 38% from Sept. 2011
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
3. Home Sales in Manhattan Beach By Section
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
4. Home Sales Broken Out By Section
Homes Sales by Map Area Sept Aug July June May Apr Mar Feb Jan YTD
Manhattan Beach Sand 8 8 12 17 18 21 13 8 6 111
Manhattan Beach Tree 9 19 11 12 11 12 9 7 6 96
Manhattan Beach Mira Costa 4 12 8 10 10 4 9 1 2 60
Manhattan Beach Hill 1 3 3 4 3 5 5 1 1 26
Manhattan Village 0 0 4 1 5 2 4 1 1 18
Manhattan Beach Heights/Lib Vlg 3 3 2 3 4 3 4 1 1 24
Total Sales 25 45 40 47 51 47 44 19 17 335
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
5. Median Sale Price Trends By Area
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
6. Year Over Year Median Sale Price Trends By Area
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any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet
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is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California
Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
7. Outlook for October
Supply:
Active Listings Continue to Drop from a High of 142 in May
Estimated Inventory Remains Below 4 Months – Good for Sellers
3 Month Average Sale Price for July-Sept was $1.69 Million
3 Month Average Sale Price for July-Sept was $1.84 Million
Demand
Lack of Inventory is Slowing Overall Monthly Sales
92% Average Sale/List Ratio for July-Sept Indicates Some Buyer Power
Remains
Overall
Lack of Inventory Makes it a Good Time for Sellers to Enter the Market
Prices Up Significantly Year Over Year but 3 Month Average is Fairly Steady
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949
8. About the Mother & Son South Bay
Real Estate Team
Serving South Bay Home Buyers and Sellers Since 1989
RE/MAX Top 4 Team in California – 2012
RE/MAX 100% Club - 2011
Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010
Shorewood Realtors Top Producing Agent (Hassana 1989-2001)
ABR, RS, GRI, BPOR, SBAOR, CAR, NAR, IRES
Contact:
http://HHCRealEstate.com
400 S. Sepulveda Blvd. Suite 100, Manhattan Beach, CA 90266
Hady Chahine
hady@hhcrealestate.com
310-404-5361
Hassana Chahine
hassana@hhcrealestate.com
310-756-8949
HHCRealEstate.com Hady Chahine: 310-404-5361 Hassana Chahine: 310-756-8949