By Keith Kyle
The numbers for March are in and it was another big month for home prices and home values in Manhattan Beach. The median home price in this highly demanded coastal community was $2,275,000 and seems to just keep climbing. There were 41 homes sold in Manhattan Beach CA or the month which is fairly typical over the past few months .
City
Homes
Sold
March
2016 Median
March
2015 Median
Year
over Year % Change%
Carson
54
$447,500
$426,500
4.9%
El Segundo
10
$1,006,000
$849,000
18.5%
Gardena
58
$475,000
$403,500
17.7%
Harbor City
14
$450,000
$455,000
-1.1%
Hawthorne
36
$513,000
$642,000
-20.2%
Hermosa Beach
16
$1,183,000
$1,310,000
-9.7%
Lawndale
10
$385,000
$447,000
-13.9%
Lomita
11
$530,000
$481,000
10.1%
Long Beach
327
$478,000
$414,000
15.3%
Manhattan Beach
41
$2,275,000
$1,940,000
17.3%
Marina Del Rey
18
$1,025,000
$860,000
19.2%
Palos Verdes Estates
28
$1,355,000
$1,400,000
-3.2%
Playa Del Rey
18
$560,000
$546,000
2.6%
Rancho Palos Verdes
56
$1,156,250
$1,044,500
10.7%
Redondo Beach
89
$893,000
$862,000
3.7%
San Pedro
80
$554,000
$481,000
15.1%
Torrance
133
$615,000
$530,000
16%
Westchester
25
$910,000
$854,000
6.6%
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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