From a month-to-month perspective, the Manhattan Beach real estate market saw a 16.1% spike in total sales in May.
Equally impressive was the market median sales data point, which jumped 11.3% or $237.5K.
Although the sales/listing ratio remained steady at around 44%, this is partially explained by the 17.1% increase in listings.
Finally, the year-over-year months of inventory data point reveals a 15% gain from May 2014 to May 2015.
To get the complete Manhattan Beach market report for May please contact Hady at or click here to submit a request.