Manhattan Beach saw strong numbers in October with both the number of homes sold and median prices indicating a very strong market. Despite near record low inventory the available listing seemed to sell quickly. As has been the case for much of 2014 the market was driven in large part by new construction homes and luxury homes.
City Homes October October Year
Carson 40
$375,000
$361,000
3.88%
El Segundo 15
$740,000
$779,000
-5.01%
Gardena 35
$397,000
$359,000
10.58%
Harbor City 12
$303,750
$421,500
-27.94%
Hawthorne 57
$585,000
$496,000
17.94%
Hermosa Beach 17
$1,325,000
$1,357,000
-2.36%
Lawndale 13
$429,500
$345,228
24.41%
Lomita 18
$508,750
$560,000
-9.15%
Long Beach 357
$430,000
$405,000
6.17%
Manhattan Beach 47 $1,917,500 $1,416,000 35.42%
Marina Del Rey 35
$712,500
$876,000
-18.66%
Palos Verdes Estates 34
$1,140,000
$1,337,500
-14.77%
Playa Del Rey 23
$490,000
$442,500
10.73%
Rancho Palos Verdes 41
$1,052,500
$915,000
15.03%
RedondoBeach 92
$809,000
$750,000
7.87%
San Pedro 58
$437,000
$433,000
0.92%
Torrance 122
$590,000
$515,000
14.56%
Westchester 35
$855,000
$740,000
15.54%
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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