By Keith KyleBeachfront homes on the Manhattan Beach Strand

August 2016 was a solid month for homes throughout the South Bay with Manhattan Beach seeing a slight decline in median home price over August of 2015.  Manhattan Beach saw 36 closed home sales in the month of August with a median home price of $1,800,000.  As of October 18th 2016 there are 112 active homes and income properties for sale in Redondo Beach and 129 homes currently in escrow.  The lowest price of the month was a 2 bedroom condo in the Sand Section at $1,180,000 with the highest sale a $5,350,000 for a five bedroom single family home built in 2016.  View the current homes for sale in Manhattan Beach, CA or view a list of the homes sold in Manhattan Beach and the South Bay in August.

City HomesSold August2016 Median August2015 Median Yearover Year % Change%
Carson 56 $450,000 $430,000 4.7%
El Segundo homes 15 $1,075,000 $780,000 37.8%
Gardena 43 $470,000 $399,000 17.8%
Harbor City 24 $523,000 $450,000 16.1%
Hawthorne real estate 47 $575,000 $493,000 16.8%
Hermosa Beach homes 22 $1,723,000 $1,389,000 24.%
Lawndale homes for sale 16 $498,000 $437,000 13.8%
Lomita 23 $619,000 $510,000 21.4%
Long Beach 348 $463,000 $459,000 .8%
Manhattan Beach 36 $1,800,000 $1,923,000 -6.4%
Marina Del Rey 24 $1,059,000 $928,000 14.1%
Palos Verdes Estates 42 $1,412,000 $1,815,000 -22.2%
Playa Del Rey 16 $623,000 $560,000 11.2%
Rancho Palos Verdes homes 57 $1,065,000 $1,155,000 -7.8%
Redondo Beach real estate 100 $968,000 $842,000 15%
San Pedro 70 $481,000 $475,000 1.3%
Torrance real estate 179 $645,000 $585,000 10.3%
Westchester 44 $1,093,000 $890,000 22.7%

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Keith Kyle has been a full time realtor in Manhattan Beach since 2005 and has been recognized as one of the top producing agents at Vista Sotheby’s every year since 2007

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