South Bay Home Prices for July 2017
July was a crazy month throughout the South Bay with double digit year over year percentage changes in most of the cities. There was no real rhyme or reason to it with some cities way up and others way down. Real estate in Manhattan Beach CA was no different with another double digit jump for the median home prices compared with July of 2016. Manhattan Beach saw48 homes close escrow in July with a median home price of just under $2,450,000 Click here to see the recent home sales in Manhattan Beach and the South Bay. July is often a very busy month with many homebuyers trying to purchase before the start of the school year but regardless of the reason a median home price of nearly $2.5M is a very impressive number.
|City||Homes Sold||July 2017 Median||July 2016 Median||Year over Year % Change%|
|Marina Del Rey||36||$921,000||$974,000||-5.4%|
|Palos Verdes Estates||28||$1558,000||$1,800,000||-13.4%|
|Playa Del Rey||20||$613,000||$629,000||-2.5%|
|Rancho Palos Verdes||63||$1,345,000||$1,160,000||15.9%|