MLS data shows a huge increase in the total number of homes sold in Manhattan Beach during the month of March.
Even the year-over-year median sales price trended positive by almost 11% or, in dollar figures, by approximately $165K.
Also, evidence indicates despite a surge in new listings the sales/listing ratio continues to improve. This month it was 45.2%.
Last, the year-over-year months of inventory analysis reveals a slight bump compared to 2013, but again the rise in total listings explains this movement.