By Keith Kyle

Manhattan Beach real estate….by the numbers

May marks the 5th straight month with an increase in available homes for sale in Manhattan Beach with 65 current MLS listings as of May 5th, 2014.  See information below on the current market trends including current MLS listings, recent sales, pending home sales and home prices in this luxury coastal community in Southern California.

Active Homes for Sale:  Current Median Home Price $2,050,000

Active Homes for Sale – 65 homes
		List Price	DOM		BR	BA	Year Built	SqFt	Lot SqFt
	Min	557,000	3	–	2	1.00	1921	812	1,350
	Max	7,999,900	370	–	7	7.00	2014	10,001	15,001
	Avg	2,618,445	37	–	4	3.80	1984	2,990	5,227

Pending and Backup

Homes Currently in Escrow with Pending or Backup Status – 48 Homes
		List Price	ADOM	Selling Price	BR	BA	Year Built	SqFt	Lot SqFt
	Min	905,000		–	1	1.00	1935	765	1,351
	Max	12,875,000	355	–	6	7.00	2014	7,900	13,506
	Avg	2,167,730	49	–	4	3.44	1980	2,799	5,025

Closed Home Sales in Past 30 Days (April 5th to May 4th)

47 Homes Sold/Closed Escrow 4/5 – 5/4
	Single Family Residence – 44 total SFRs sold
			List Price	ADOM	Selling Price	BR	BA	Year Built	SqFt	Lot SqFt
		Min	990,000		950,000	1	1.00	1925	699	1,286
		Max	8,950,000	204	8,100,000	6	10.00	2014	8,500	14,368
		Avg	2,235,316	38	2,166,045	4	3.20	1972	2,653	4,993
	Townhomes and Condos – 3 Total Sales
			List Price	ADOM	Selling Price	BR	BA	Year Built	SqFt	Lot SqFt
		Min	1,299,000	8	1,450,000	2	3.00	1982	1,608	2,698
		Max	2,299,000	33	2,100,000	3	4.00	2007	2,050	3,359
		Avg	1,692,333	18	1,701,667	3	3.33	1992	1,878	2,921
	All Home Sales – 47 Sold Homes
			List Price	ADOM	Selling Price	BR	BA	Year Built	SqFt	Lot SqFt
		Min	990,000		950,000	1	1.00	1925	699	1,286
		Max	8,950,000	204	8,100,000	6	10.00	2014	8,500	14,368
		Avg	2,200,657	37	2,136,404	3	3.21	1974	2,604	4,860