Are We Finally On the Verge of Increase in Homes on the Market?

For the past 6 months there has been a steady decline of homes on the market in Manhattan Beach and the beach cities.  The number of homes on the market peaked during the summer with a steady decline for the rest of the year.  Manhattan Beach saw 110 homes on the market in October, 90 homes in November, to a low point of 60 in December.  In all four core South Bay cities January thankfully saw signs of an increase in new listings.  Manhattan Beach was back up to 62 and as of this post on 2/15/18 there were 77 active homes for sale in Manhattan Beach.