Tag Archives: Manhattan Beach market stats

Buyers Desperately Seeking Inventory

At every real estate meeting I’ve been to lately, whether it be a networking event, or weekly company meeting, the consensus is in: Agents have buyers who are desperately looking for homes in Manhattan Beach. The problem? Inventory is significantly down compared to this time last year. Check out the stats below that chart the number of new listings by month in 2011 (Single family homes & townhouses in the sand, hill and tree sections of Manhattan Beach.)

Data Source: MLS

January 2011 there were 32 new listings. January 2012 we closed the month with only 30 new listings, and just 18 sales.

Interest rates are still at an all-time low, and buyers who qualify are chomping at the bit to  buy their dream home in our community. What does this mean for you if you’re a seller? Well, if you list your home now, it’s extremely likely that your house will get maximum exposure, which could equal maximum value in this market.

If you or someone you know is considering selling in Manhattan Beach, don’t wait until the ‘spring rush.’  Give us a call today. We promise that you’ll receive unparalleled customer service.