Leave a Message

By providing Edge Real Estate your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Thank you for your message. We will be in touch with you shortly.

Months of Supply Trending Up (Slightly)

Real Estate

Months of Supply Trending Up (Slightly)

The market was moving so fast, with so little inventory, back in February this year, that we saw a recent record low for “months of supply.

The measure “months of supply” takes into account the pace and number of homes going into escrow, and estimates how long it would take to sell every listing on the market.

Now, with a slight drop in the pace of new deals, and a gentle increase in inventory, we’re seeing the arc reverse, and “months of supply” increasing.

It’s all relative, though, as we’ll show.

This chart here shows you a month-by-month snapshot of the data over 14 months, as the supply figure dipped to near-nothing at year-end 2021, then ran up through the end of July 2022.

Basically you are seeing the city’s months of supply returning now to Spring 2021 levels.

Recent Blog Posts

Stay up to date on the latest real estate trends.

Just Listed! 3541 Tilden Ave, LA 90034

Gem in Westside Village!

Just Listed! 114 Via Monte D'oro, LA

Hollywood Riviera Gem

Just Sold! 533 13th St, Manhattan Beach

Just Listed! 858 N June St, Los Angeles

Superb development opportunity

Just Listed! 533 13th St, Manhattan Beach

A jewel box by the sea!

Manhattan Beach Volume Drops $1.23B on 38% Fewer Home Sales

Sellers Trying Again for a Different Result

Our Edge real estate office here just closed up a sale that could be called a “rescue,” where we took over listing a home that had run 3 months without selling. With a… Read more

What’s New in These $4M+ East MB Sales

It took a long time for any East Manhattan Beach homes on typically sized lots to sell over $4M. The first time it happened was in 2019. Then, it happened 6 more times… Read more

Months of Supply Trending Up (Slightly)

With the onset of July comes the chance to review statistics for the first half of the year. To call the first half of 2022 a mixed bag would be fair. Two trends seem … Read more

Let’s Talk

You’ve got questions and we can’t wait to answer them.