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Manhattan Beach Real Estate

Search Manhattan Beach Luxury Homes for Sale

October a Strong Month in Manhattan Beach Home Sales

November 11, 2014 by Keith Kyle

By Keith KyleManhattan-Beach-Strand

October showed no signs of a slowdown in the luxury real estate market of Manhattan Beach.  42 homes closed escrow and prices reached new highs with a median home price of $2.1M and an average home price of $2.2M which is well over the previous 18 months.  Of the 42 home sales only one was sold below $1,000,000.  12 of the homes sold between $2.0M and $3.0M, 3 homes sold between $3.0M and $4.0M and 3 homes sold above $4.0M.  Visit our market trends page to see the current price and market trends for all of Manhattan Beach CA.

View the October 2014 home sales in Manhattan Beach

Filed Under: Manhattan Beach Tagged With: home prices, luxury home sales, Manhattan Beach, market trends, median home prices, october 2014 home sales, real estate market

Bucking the Trend, Manhattan Village Home Inventory Continues to Rise

November 3, 2014 by Keith Kyle

By Keith Kyle

Manhattan Beach is like a real estate universe unto itself, with the trends and market conditions elsewhere having little sway over this luxury Manhattan-Village-Estate-Homecoastal community.  When the real estate market collapsed a few years back, Manhattan Beach home values remained relatively strong.  With the market returning back to the boom year levels, Manhattan Beach is certainly leading the way with skyrocketing prices and continually low home inventory.  Builders are buying just about anything not built in the last 15 years and there are simply too few homes on the market to ease the demand.

Manhattan Village, the only real gated community in Manhattan Beach, seems to be yet another real estate world of it’s own, and is certainly bucking the trend in the area. Whereas there are few homes being sold in the city itself, the inventory in Manhattan Village continues to rise and there are now 9 homes for sale.  Some of the premium properties are still selling at very high numbers, but the abundance of available homes will eventually mean a softening of many others and may make for a deal for someone looking to be in this wonderful neighborhood.  Click to see a neighborhood map of Manhattan Village and feel free to contact us or text/call 310-251-2344 for more information.  If you would like to receive daily updates for Manhattan Village we’ll be glad to help.

Current Manhattan Village Homes For Sale

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

Filed Under: Uncategorized Tagged With: courthomes, estate homes, gated communities, home search, homes for sale, manhattan village, real estate market, townhomes

California’s Most Popular Town for Luxury Homes: Video – Bloomberg

August 4, 2014 by Keith Kyle

California’s Most Popular Town for Luxury Homes: Video – Bloomberg.  Bloomberg gives a great representation of Manhattan Beach and the current real estate environment in this luxury coastal community near Los Angeles.

See the current homes for sale in Manhattan Beach as well as recent home sales.

Filed Under: Beach Front Homes, Communities, El Porto - North Manhattan, Home Prices, Luxury Homes, Manhattan Beach, New construction, Oceanfront Homes, Sand Section, The Strand, Tree Section Tagged With: beachfront real estate, home values, Manhattan Beach, real estate, real estate market, the strand

Will Overpricing Help Slow the Manhattan Beach Market Down?

January 8, 2014 by ktkyle

By Keith KyleTree-Section

I’ve noticed an early January trend in some of the local markets as many homes now seem to be listed at prices that recent sales just don’t seem to justify. Will this overpricing help slow the market down a little as we’re starting to see some homes sit on the market and even eventual price reductions.  At the moment there are a number of homes in Manhattan Beach that have been on the market for 45 days or longer.

We’ve seen the market increase in value dramatically in the past 12 months with values generally rising each month but since late November we seem to be seeing more homes priced well above the current market and well above the pricing trend. Only time will tell what 2014 has in store in the Beach Cities real estate market but as perception is such a real part of real estate, buyers now seeing homes sit on the market without selling may mark the beginning of a slow down.

Filed Under: Manhattan Beach, Market Updates, Real Estate Opinion Tagged With: keith kyle, Manhattan Beach, manhattan beach real estate, market trends, overpricing, real estate, real estate market

Manhattan Market Stats

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