October Home Sales and Median Home Prices in Manhattan Beach

On December 25, 2014February 10, 2022

in Home Prices, Luxury Homes in Manhattan Beach, Manhattan Beach real estate, Market Updates, New construction Posted by Keith Kyle

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 Sold	October 2014 Median	October 2013 Median	Year over Year % Change
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.