Manhattan Beach: June 25, 2007 Market Snapshot

 

 

 Manhattan Beach: A view of  The Strand

Seems as if Spring has sprung and with summer here the market is cooling.  Definitely some changes in the last few weeks.. inventory continues to increase but in the upper price range. Townhomes in the Sand Section are still selling well. But overall pendings and sales appear to be down as summer approaches. When I collect the numbers for all of June I'll compare them with June of 2006 to see how we compare with last year.

This is the time that the market cooled last year. The biggest difference I'm seeing this year over last year is that there are still a lot of buyers out there. People are coming to open houses which is different from last year at this time.

The charts below are broken down by area and by price:

 There are 113 Single Family Homes and 21 townhomes currently for sale in Manhattan Beach. There are 38 single family homes and 21 townhomes in escrow. 21 single family homes and 16 townhomes closed escrow since June 1, 2007. 

 Area Statistics by price range:

Market Snapshot June 2, 2007 

 Beach Cities: Why Didn't You Buy

Manhattan Beach: #2 on Top Ten CA List

 Manhattan Beach: Bargain Prices ?

All content copyright © 2007   Kaye Thomas  

 

9 Comments on Manhattan Beach: June 25, 2007 Market Snapshot

Great Post..how's the weather in Manhattan?? it seems like everytime I visit, it turns out to be the coldest.

06/26/2007 02:13 AM by Francisco Gonzalez (Gold Key Realty & Investments)

Francisco- The weather is fabulous.. I took the picture above  this morning around 10:30

06/26/2007 03:04 AM by Manhattan Beach CA/ e-PRO..... Kaye Thomas... (Real Estate West)

Nice summary, Kaye, and a beautiful photo. Of course the beach is wonderful all the time, right?

BTW where were you in order to get this pic?

Jeff

06/26/2007 09:00 AM by Jeff Dowler ~ Carlsbad Real Estate (RE/MAX Associates)

Hi Jeff- I took the photo from the pier with the KODAK P880 wide lenses.. I took a bunch of them and am going to try Jeff Turners stiching program he posted about the other day..

06/26/2007 10:26 AM by Manhattan Beach CA/ e-PRO..... Kaye Thomas... (Real Estate West)

You always have great pics of the beach! Makes a land lubber like me want to go to the beach somewhere!

06/26/2007 12:42 PM by Danny Smith (DISCOVER TEXAS HOMES)

Danny- I love taking pictures of the beach.. the ocean constantly changes... but you have some stunning rivers and lake areas... I've seen the pictures..

06/26/2007 01:37 PM by Manhattan Beach CA/ e-PRO..... Kaye Thomas... (Real Estate West)

Hi Kaye, I'd love for you to join our Market Updates Group and post these updates there.  I'm hoping that we can create one place for easy access to market data and information.  Here's the link - http://activerain.com/groups/MarketUpdates

Hope to see you there!

06/28/2007 10:25 AM by Pasadena CA Real Estate - Irina Netchaev (Keller Williams International Realty)

Irina- What a great idea.. I would love to join.. I'll post the most recent

06/28/2007 10:29 AM by Manhattan Beach CA/ e-PRO..... Kaye Thomas... (Real Estate West)

Kaye, thanks for posting this update in Market Updates! 

06/28/2007 09:46 PM by Pasadena CA Real Estate - Irina Netchaev (Keller Williams International Realty)

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Real Estate Agent: Manhattan Beach CA/ e-PRO..... Kaye Thomas... (Real Estate West)
Manhattan Beach CA/ e-PRO..... Kaye Thomas...
Manhattan Beach, CA
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Real Estate West

Cell Phone: (310) 721-7438
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My thoughts on everything from Real Estate in the South Bay beach cities of Manhattan Beach, Hermosa Beach, Redondo Beach and El Segundo California to anything else that strikes my fancy.

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