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Page 10

Manhattan Beach FEBRUARY STATS Key Facts:

$2,230,000

Median Sold Price

$2,554,000

Average Sold Price

93

FEB FEB % 2019 2020 Change

Median Price (in $1,000)

$1,820

$2,230

23%

Average Price Per Sq. Foot

$1,166

$1,126

-3%

Properties for Sale

96

93 -3%

Properties Pending Sales

38

38 0%

Properties Sold

18

21 17%

Days on Market (Sold Homes)

48

58 21%

Monthly Supply of Inventory

5.3

4.4 -17%

Absorption Rate (Closed Sales) 18.8

22.6 20%

Listings for Sale

38

Listings Pending

AVERAGE & MEDIAN PRICE $3,500

$3,500

$3,000

$3,000

21

Listings Sold

$2,554

$2,593 $2,500

$2,500

$2,230

$2,000 $2,000 $1,655

58

Days On Market

$1,500 $1,500 $1,000 $1,000 $500 $500

$-

$Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020

Median

Average

Profile for RE/MAX Estate Properties

RE/MAX Estate Properties SouthBay Market Intelligence Report  

Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Bay real estate market....

RE/MAX Estate Properties SouthBay Market Intelligence Report  

Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Bay real estate market....