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Manhattan Beach Real Estate Market Update July 2017

July was a disappointing month for real estate investment in Manhattan Beach as total sales dropped 28.1%.

The market median sales price also proved discouraging as it decreased 9.3% or -250K.

The sales-listing ratio also fell by 23.3% because total sales and net listings were down month-over-month.

Finally, evaluation of the year-over-year months of inventory data point showed a -40% correction from July 2016 to 2017.

Click to get the latest Manhattan Beach market report here or contact Hady to submit a request.

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