By Keith KyleEast Manhattan Beach homes

Without question Manhattan Beach is a luxury home market with stunning homes, ideal locations, and award winning schools.  As most of the original homes were built between the 1930s and 1960’s there have always been options for those trying to get in to the areas whether for the investment, or the schools. These “starter” homes, while often in good but original condition, offered buyers an option below $1,000,000. With the recent building boom, and builders and flippers buying everything they can get their hands on, that has all changed.  Of the 42 homes sold in October, only one was listed and sold below $1,000,000 and even that was for a townhome in Manhattan Village.  The days of sub $1,000,000 may just be a thing of the past and unfortunately  that doesn’t bode well for many home buyers.

The chart above shows the number of sub $1,000,000 single family homes in Manhattan Beach

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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