Manhattan Beach Real Estate Market Summary
and Statistics For August 2012
Average price per square foot for Manhattan Beach CA was $800, an increase of 14.4% compared to the same period last year. The median sales price for homes in Manhattan Beach CA for May 12 to Jul 12 was $1,460,000 based on 152 home sales. Compared to the same period one year ago, the median home sales price increased 4%, or $55,500, and the number of home sales increased 4.1%. There are currently 89 resale and new homes in Manhattan Beach on Trulia, including 28 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Manhattan Beach CA was $2,549,210 for the week ending Aug 15, which represents an increase of 0.8%, or $21,252, compared to the prior week.
Real Estate Statistics Update August 2012
Average Listing Price $2,549,210 +0.8%.
Median Sales Price $1,460,000 +4% y-o-y .
Average Price/sqft $800 +14.4% y-o-y .
Number of Sales 152 +4.1% y-o-y
The Manhattan Beach real estate market continues to be strong
as the “MB” area continues to be a popular place for Los Angeles
residents looking for a beachfront home or condo to live in.
Check back for more real estate market reports in the future
– to find a list of Manhattan Beach real estate listings for sale click here
Manhattan Beach real estate market report
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