Home prices continue to rise in Manhattan Beach and October saw month over month increases in every South Bay city compared with October of the previous year.  Manhattan Beach saw 40 homes successfully close escrow with an increase of almost 22% compared with October of 2012.  The median price was $1,386,000.  The median home price in September was $1,690,000.  Visit our median home sale page for the South Bay to see the prices and year over year changes for all cities in the past 12 months.

October 2013 Home Prices in the South Bay

City Homes Sold October 2013 Median October 2012 Median Year over Year % Change
Carson 48 $361,000 $286,500 26.00%
El Segundo 8 $779,000 $648,000 20.22%
Gardena 43 $357,000 $299,250 19.30%
Harbor City 14 $421,500 $337,500 24.89%
Hawthorne 52 $488,000 $360,000 35.56%
Hermosa Beach 24 $1,399,000 $835,000 67.54%
Lawndale 12 $345,228 $252,500 36.72%
Lomita 10 $560,000 $450,000 24.44%
Long Beach 323 $405,000 $302,750 33.77%
Manhattan Beach 40 $1,386,000 $1,137,500 21.85%
Marina Del Rey 28 $810,000 $652,500 24.14%
Palos Verdes Estates 31 $1,367,500 $1,282,500 6.63%
Playa Del Rey 18 $442,500 $344,750 28.35%
Rancho Palos Verdes 40 $915,000 $870,000 5.17%
Redondo Beach 76 $747,500 $700,000 6.79%
San Pedro 50 $433,000 $330,500 31.01%
Torrance real estate 103 $511,500 $467,000 9.53%
Westchester 41 $742,500 $627,000 18.42%
About the author
ktkyle
Keith Kyle is a long time resident of Hermosa Beach and a realtor since 2005. Having successfully started in real estate just as the market was declining rapidly, Keith has been a top agent at South Bay Brokers every year since 2007 and is one of the top buying and selling realtors in the South Bay.

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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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