Manhattan Beach Real Estate Market Update August 2015

The Manhattan Beach real estate market produced 30 residential sales in August, a drop of 6.3% compared to July.

08-2015 MB sales M-to-M

The market median sales price, however, jumped 17.8% or $2954.5K during this same period of time.

08-2015 MB median sales price M-to-M

Overall the sales/listing ratio moved so slightly that it is barely worth mentioning – 0.008% change to the downside.

08-2015 MB sales-listings ratio M-to-M

Last, according to the MLS, the year-over-year months of inventory data point reveals a bump to 3.0 in August 2015.

08-2015 MB months of inventory Y-to-Y

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

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