October Home Sales and Median Home Prices in Manhattan Beach

Manhattan Beach saw strong numbers in October with both the number of homes sold and median prices indicating a very strong market.  Despite near record low inventory the available listing seemed to sell quickly. As has been the case for much of 2014 the market was driven in large part by new construction homes and luxury homes.

City Homes
Sold
October
2014 Median
October
2013 Median
Year
over Year % Change
Carson 40 $375,000 $361,000 3.88%
El Segundo 15 $740,000 $779,000 -5.01%
Gardena 35 $397,000 $359,000 10.58%
Harbor City 12 $303,750 $421,500 -27.94%
Hawthorne 57 $585,000 $496,000 17.94%
Hermosa Beach 17 $1,325,000 $1,357,000 -2.36%
Lawndale 13 $429,500 $345,228 24.41%
Lomita 18 $508,750 $560,000 -9.15%
Long Beach 357 $430,000 $405,000 6.17%
Manhattan Beach 47 $1,917,500 $1,416,000 35.42%
Marina Del Rey 35 $712,500 $876,000 -18.66%
Palos Verdes Estates 34 $1,140,000 $1,337,500 -14.77%
Playa Del Rey 23 $490,000 $442,500 10.73%
Rancho Palos Verdes 41 $1,052,500 $915,000 15.03%
RedondoBeach 92 $809,000 $750,000 7.87%
San Pedro 58 $437,000 $433,000 0.92%
Torrance 122 $590,000 $515,000 14.56%
Westchester 35 $855,000 $740,000 15.54%