By Keith Kyle
May was another huge month in terms of home prices in the South Bay with Manhattan Beach having yet another month with a median home price well over $2,000,000. The month saw 36 home sales with a median price of $2,300,000. Hermosa Beach highest on the wow factor with a median price in May of $,1450,00, almost 32% higher than the year before. Redondo Beach saw major gains as well with 106 homes selling in May with a median home price of over $844,000. Click here to see the homes sold in May of 2015 in Manhattan Beach and South Bay.
City | Homes Sold | May 2015 Median | May 2014 Median | Year over Year % Change |
Carson | 45 | $410,000 | $376,500 | 8.9% |
El Segundo | 14 | $803,500 | $818,000 | -0.8% |
Gardena | 35 | $405,000 | $400,000 | 1.3% |
Harbor City | 26 | $415,000 | $382,000 | 8.6% |
Hawthorne | 68 | $525,00 | $487,000 | 7.9% |
Hermosa Beach | 23 | $1,450,000 | $1,102,000 | 31.6% |
Lawndale | 12 | $431,000 | $417,500 | 3.2% |
Lomita | 11 | $509,000 | $575,000 | 3.5% |
Long Beach | 362 | $433,000 | $399,000 | 8.5% |
Manhattan Beach | 36 | $2,300,000 | $2,005,000 | 14.7% |
Marina Del Rey | 26 | $917,000 | $900,000 | 1.9% |
Palos Verdes Estates | 37 | $1,515,000 | $1,430,000 | 5.9% |
Playa Del Rey | 24 | $615,000 | $711,000 | -135% |
Rancho Palos Verdes | 56 | $1,100,000 | $990,000 | 11.1% |
Redondo Beach | 106 | $844,500 | $722,000 | 17% |
San Pedro | 67 | $449,250 | $425,000 | 5.7% |
Torrance | 148 | $579,000 | $560,000 | 3.4% |
Westchester | 26 | $900,000 | $797,000 | 12.9% |