During the month of September real estate activity in Manhattan Beach slowed a bit with 12 less sales reported compared to the previous month.
Although the monthly market median sales price remained strong, this figure also trended downward by $190K.
Also trending slightly off pace was the sales/listing ratio, which dropped to 36%.
Finally, the year-over-year months of inventory increased by about 29% from 2.2 months in 2013 to 2.8 months in 2014.
To get the complete Manhattan Beach market report for September please contact Hady at or click here to submit a request.