Let’s take a quick look at the January real estate numbers in Manhattan Beach CA. The market was quite slow with only 17 total sales during January. That wasn’t surprising as December had very few homes available on the market. The median sales prices was $3,200,000 and homes averaged 61 days on the market. See how that compares to previous months on our Manhattan Beach real estate trends page.
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% |
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% |
