Manhattan Beach Real Estate Market Update January 2015

With 21 properties sold in Manhattan Beach during January the real estate market is setting the stage for what many anticipate to be a strong year for home sales.

01-2015   MB  sales  M-to-M

In support of this argument is the market median sales price, which per MLS data reached $1.635 million this month.

01-2015   MB  median sales price M-to-M

The sales/listings ratio, however, requires some improvement given numbers posted to get this year started came in at 38.2%.

01-2015   Torrance  sales listing ratio  M-to-M

Though, since housing inventory year-over-year has dropped it stands to explain the sales/listings ratio as more reasonable than first thought.

01-2015   MB  months of inventory Y-to-Y

To get the complete Manhattan Beach market report for January please contact Hady at or click here to submit a request.

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