By Keith Kyle

January 2016 saw another impressive month of home sales and home prices in this luxury coastal community.  Althought median prices were down from the prior month, they were up from a year ago and demand continues to be strong.  Fewer new construction homes were sold this past month which has some concerned about the abundance of current and future new construction projects in Manhattan Beach.

Visit our sales page to see all of the recent home sales in Manhattan Beach and neighboring communities.

City Homes Sold January 2016 Median January 2015 Median Yearover Year % Change%
Carson 27 $415,000 $385,000 7.8%
El Segundo 8 $1,074,500 $799,000 34.5%
Gardena 28 $471,000 $399,000 18%
Harbor City 13 $500,000 $454,000 10.1%
Hawthorne 33 $457,000 $500,000 -8.5%
Hermosa Beach 10 $1,783,500 $1,680,000 6.2%
Lawndale 9 $450,000 $430,000 4.7%
Lomita 12 $420,000 $365,000 15.1%
Long Beach 241 $425,000 $406,000 4.7%
Manhattan Beach 22 $1,760,000 $1,675,000 5.1%
Marina Del Rey 16 $1497,000 $855,000 75.1%
Palos Verdes Estates 19 $1,272,000 $1,251,000 1.7%
Playa Del Rey 10 $574,000 $527,000 9.0%
Rancho Palos Verdes 38 $900,000 $1,015,000 -11.3%
Redondo Beach 66 $885,000 $802,000 10.3%
San Pedro 47 $465,000 $450,000 3.4%
Torrance 83 $632,000 $617,000 2.3%
Westchester 22 $880,000 $900,000 -2.2%
About the author
Keith Kyle
Keith Kyle is a top producing realtor with South Bay Brokers in Manhattan Beach CA and a longtime resident of Hermosa Beach. Keith works with both buyers and sellers in the South Bay and Beach Cities.

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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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2501 N Sepulveda Blvd., Manhattan Beach CA 90266

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