Sales Fall in Manhattan Beach Real Estate Market

While home sales in the Manhattan Beach market have been above average, in this week's report they fell 5.6% to 34 homes sold over the last 30 days. In comparison, nearby Los Angeles had 2,302 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $2,085,000, potentially helping to offset the four months of inventory left to be sold.

Out of all the listings in Manhattan Beach, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes:

$9.2M   $2.8M   $1.6M  

Get started right now by checking out Manhattan Beach homes for sale or reviewing Manhattan Beach real estate trends.

Demographic facts about Manhattan Beach:

  • The median house value here is $1,102,000.
  • The area gets 34 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 11.5%.
  • The student-to-teacher ratio is 22.8:1. (15.3:1 = national average)

Data reported through 10/12/2016

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Re/max Estate Properties
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