Sales activity for the Manhattan Beach real estate market held strong with 35 net property transfers recorded for December.
However, the market median sales price did drop by over $400K month-over-month.
Still, the sales/listing ratio, which improved to 87.5% in December from 64.8% in November, reveals a healthy supply/demand relationship.
Finally, the months of inventory from a year-over-year perspective indicates properties continue to move fairly quickly (relatively speaking) once listed.
To get the complete Manhattan Beach market report for December please contact Hady at or click here to submit a request.