It was another incredible year for real estate and home sales in Manhattan Beach during 2020. The numbers certainly spell that out. There were 429 on market home and property sales compared to 391 in December of 2019. The median sales price for the year was $2,983,000 with an average price per foot of $1,100. The average days on market was 44.
From Manhattan Beach luxury real estate, Vista Sotheby’s and Manhattan Beach realtor Keith Kyle, we wanted to wish you and yours a very happy Labor Day weekend. It’s going to be a hot one!
Enjoy and stay safe.
From us at Keith Kyle Homes, Vista Sotheby’s International Realty and Manhattan Beach Luxury Real Estate we wanted to wish you and yours a very happy 4th of July weekend. While there may not be any fireworks and the beaches may be closed it’s still a time to celebrate!
The number of home sales in Manhattan Beach was really starting to increase during the first few months of 2020. The red line below shows pending sales and it’s hard not to notice the decline into December and then the sharp turnaround in 2020. It’s hard to imagine that the impacts of Corona virus won’t temper that considerably but only time will tell home much of an impact it will actually have. The chart below offers a snapshot of the Manhattan Beach real estate market over the past 15 months. The light green bar shows active listings, the dark green is sold homes per month and the red line is the pending home sales. View all of the recent Manhattan Beach real estate trends and statistics.