Manhattan Beach Bucks the Trend and Median Prices are down from June 2015

By Keith Kyle750 30th

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices.  Home prices were up year over year in every South Bay city other than Manhattan Beach which was a bit of an anomaly.  Manhattan Beach saw 42 homes sell which is higher than previous months, but the median home price of $1,865,000 was dramatically lower than the previous year.  One month of information in a city the size of Manhattan doesn’t indicate much, but it does indicate a slower market at the higher end.  To see the homes sold in Manhattan Beach for June 2016 view our recent sales information.

City Homes
Sold
June
2016 Median
June
2015 Median
Year
over Year % Change%
Carson 63 $450,000 $425,000 5.8%
El Segundo 20 $1,136,000 $888,000 27.9%
Gardena 47 $430,000 $399,000 7.8%
Harbor City 18 $547,000 $360,000 51.9%
Hawthorne 37 $624,000 $539,000 15.7%
Hermosa Beach 24 $1,248,000 $1,230,000 3.6%
Lawndale 13 $519,000 $450,000 15.2%
Lomita 16 $555,000 $530,000 4.7%
Long Beach 408 $470,000 $450,000 4.4%
Manhattan Beach 40 $1,962,000 $2,400,000 -18.25%
Marina Del Rey 32 $900,000 $810,000 11.1%
Palos Verdes Estates 39 $1,533,000 $1,500,000 2.2%
Playa Del Rey 22 $603,000 $610,000 -1.2%
Rancho Palos Verdes 75 $1,200,000 $1,110,000 8.2%
Redondo Beach 106 $950,000 $870,000 9.2%
San Pedro 79 $500,000 $472,000 6%
Torrance 163 $635,000 $597,000 6.3%
Westchester 44 $1,050,000 $923,000 13.8%

No Real Estate Holiday in Manhattan Beach in December – Home Sale Frenzy Continues

By Keith Kyle340 Via Colusa Hollywood Riviera

December never seems to be a slow real estate market here in the South Bay and Manhattan Beach and this December was no exception.  A very active real estate market was once again the case in this luxury coastal community.  Below are the home sales in December of 2015.  To see the recent home sales in nearby Hermosa Beach, Redondo and the South Bay click here.  While the number of homes sold was slightly down the prices just continue to rise.  In addition to the homes below the market continued to see an abundance of off market sales and pocket listings with several Manhattan Beach homes never even making it to the market.

MLS Type   Address  Price  Bed/Bath Year Built Sq Feet
SB15229160 SFR/A 116 Seaview ST  $  1,799,000.00 3/2,0,0,0 1959/ASR 1320/A
SB15179858 SFR/D 513 Longfellow AV  $  1,800,000.00 4/3,0,0,0 1947/ASR 1922/A
SB15201834 SFR/D 518 24th ST  $  1,920,000.00 2/1,0,0,0 1941/ASR 982/A
SB15112492 TWNHS/D 85 Bayview DR  $  2,625,000.00 3/3,0,0,1 1995/ASR 2078/A
SB15225845 TWNHS/D 3016 Highland AV  $  2,660,000.00 4/4,0,0,0 2000/ASR 2293/A
OC15229535 SFR/D 2600 Highland AV  $  3,100,000.00 1/1,0,0,0 1957/ASR 840/A
SB15103391 SFR/D 224 19th ST  $  5,650,000.00 5/3,1,1,0 1996/ASR 4310/T
SB15200297 TWNHS/D 808 The Strand  $  8,500,000.00 4/4,0,1,0 2015/BLD 2911/B
SB15213002 SFR/D 2505 N Poinsettia AV  $  1,688,888.00 3/2,0,1,0 1958/ASR 1780/SEE
SB15155161 SFR/D 2622 Maple AV  $  1,800,000.00 2/1,0,0,0 1947/ASR 918/A
SB15171030 SFR/D 2416 Elm AV  $  1,890,000.00 4/3,0,0,0 1960/ASR 2054/A
SB15221301 SFR/D 591 29th ST  $  1,905,000.00 3/2,0,0,0 1950/ASR 1200/E
SB15220803 SFR/D 835 17th ST  $  4,780,000.00 6/5,0,1,0 2006/ASR 5890/A
SB15168433 SFR/D 706 Anderson ST  $  1,733,000.00 3/2,0,0,0 1969/ASR 1900/S
SB15189951 SFR/D 319 S Dianthus ST  $  1,950,000.00 3/1,0,0,0 1935/ASR 1237/A
SB15238474 SFR/D 1015 Boundary PL  $  2,150,000.00 3/2,1,1,0 1956/ASR 2440/A
SB15225882 SFR/D 613 6th ST  $  3,275,000.00 3/2,0,0,0 1948/ASR 1386/A
SB15205663 SFR/D 815 2nd ST  $  4,275,000.00 5/4,0,2,0 2007/ASR 4722/A
SB15241741 SFR/D 937 8th ST  $  5,350,000.00 5/5,0,1,0 2015/SLR 5151/AP
SB15232356 TWNHS/A 25 Tiburon CT  $      885,000.00 2/2,0,0,0 1987/ASR 1465/A
SB15199567 SFR/D 1621 23rd ST  $  1,140,000.00 3/1,0,0,0 1952/ASR 1004/A
SB15221012 SFR/D 1500 Nelson AV  $  1,275,000.00 2/1,1,0,0 1952/ASR 1594/A
SB15178529 SFR/D 1751 Curtis AV  $  2,150,000.00 5/3,1,0,0 1993/ASR 3749/A
SB15123531 SFR/D 1150 2nd ST  $  2,218,000.00 4/3,0,1,0 1987/ASR 3710/A
SB15218243 SFR/D 1561 Gates AV  $  2,236,000.00 5/4,0,2,0 1988/ASR 4373/A
SB15244328 SFR/D 1649 9th ST  $  2,499,000.00 6/4,0,1,0 2003/ASR 4459/A
SB15156801 SFR/D 1524 Mathews AV  $  2,910,000.00 5/5,0,1,0 2015/ASR 4684/B
SB15215363 SFR/D 1156 6th ST  $  3,300,000.00 3/3,0,0,0 1949/ASR 1560/A