April sales were a bit less then March for most of the Southern California South Bay Beach Cities  with the exception of Manhattan Beach which had 6 fewer single family closed sales and 7 more townhome sales.  Pending sales in all cities are close to the same number as closed sales.  Days on Market is shorter then last year at this time.  The market continues to be stable with no highs or lows and inventory remains lower then the same period last year. 

Buyers are cautiously beginning to write offers.  I think part of the reason is that rents are continuing to climb in the South Bay.  Another reason may be that the market has been relatively stable in the last 5 months. 

To find out  what has been happening and get more detailed information .. Go to Manhattan Beach and all South Bay Beach Cities Real Estate Info

All content copyright © 2007   Kaye Thomas