The Manhattan Beach real estate market recorded 19 sales in February, which is 9.5% off pace compared to January.
However, despite the aforementioned the market median sales price jumped $115K from $1.635M in January to $1.75M in February.
Overall the sales/listing ratio for February was respectable at 33.3% compared to 38.2% produced in January.
Finally, the months of inventory ticked up slightly from 2.6 in January to 3.0 in February.
To get the complete Manhattan Beach market report for February please contact Hady at or click here to submit a request.