The real estate market in Manhattan Beach has continued at a brisk pace and summer seems to be heating up even further. May of 2012 saw a whopping 51 closed escrows which is the highest number of home sales in Manhattan Beach in the past 5 years. Of the 51 homes 8 sold over the list price, with 9 selling at list price and a majority of the other home sales closing fairly close to the list price. The luxury home market remained strong with 18 of the May 2012 home sales priced over $1.80M.
The median listing price in Manhattan Beach for May 2012 was $1,559,000 and the median sold home price was $1,417,500. The chart below shows the inventory clearly low while both pending and sold homes in Manhattan Beach are rising fairly dramatically.
Below are the Manhattan Beach home sales for May of 2012.
| MLS# | Type | Address | City | Price | Br/Ba | Year | Sqft | SType | |
| S11150279 | TWNHS/A | 1515 | Artesia BL #1 | MANH | $502,500 | 2/3.00 | 1980/ASR | 1363 | STD |
| S11159462 | TWNHS/A | 4 | Bermuda CT | MANH | $648,000 | 2/2.00 | 1987/ASR | 1465 | SPAY |
| S12042884 | TWNHS/A | 27 | Catalina CT | MANH | $699,000 | 3/3.00 | 1984/ASR | 1916 | STD |
| S11140681 | TWNHS/A | 1319 | Manhattan Beach BL | MANH | $715,000 | 3/3.00 | 1993/ASR | 1971 | STD |
| T12017718 | SFR/D | 1408 | Lynngrove DR | MANH | $855,000 | 3/2.00 | 1950/ASR | 1488 | STD |
| S12049083 | TWNHS/A | 32 | Dover PL | MANH | $885,000 | 2/2.00 | 1987/ASR | 1450 | STD |
| S12008148 | SFR/D | 2401 | Oak AV | MANH | $897,000 | 3/2.00 | 1948/ASR | 1161 | SPAY |
| S12025497 | SFR/D | 1524 | Mathews AV | MANH | $915,000 | 3/2.00 | 1955/ASR | 1283 | STD |
| S12030665 | SFR/D | 1500 | 2nd ST | MANH | $920,000 | 4/2.00 | 1961/ASR | 1609 | STD |
| S12027617 | SFR/D | 3524 | Walnut AV | MANH | $965,000 | 3/2.00 | 1967/ASR | 2088 | STD |
| S12034412 | SFR/D | 2001 | Pacific AV | MANH | $990,000 | 3/2.00 | 1950/ASR | 1068 | STD |
| S12032741 | SFR/D | 2000 | Pacific AV | MANH | $1,024,725 | 3/2.00 | 1947/ASR | 1655 | STD |
| S12040283 | SFR/D | 1530 | Marine AV | MANH | $1,025,000 | 3/2.00 | 1969/ASR | 2226 | STD |
| S12065051 | TWNHS/A | 28 | Malaga PL East | MANH | $1,285,000 | 3/3.00 | 1983/ASR | 2310 | STD |
| S12026402 | TWNHS/A | 1116 | Ardmore AV | MANH | $1,285,000 | 3/3.00 | 2002/ASR | 1814 | STD |
| S11136964 | SFR/A | 700 | 29th ST | MANH | $1,290,000 | 3/2.00 | 1938/ASR | 1652 | STD |
| S11116279 | SFR/D | 301 | 25th ST | MANH | $1,321,125 | 4/3.00 | 1966/ASR | 2052 | STD |
| S12037797 | SFR/D | 3404 | Pacific AV | MANH | $1,350,000 | 3/2.00 | 1956/ASR | 1748 | STD |
| S12024407 | SFR/D | 2701 | Pacific AV | MANH | $1,350,000 | 3/3.00 | 1950/ASR | 3000 | STD |
| S12033786 | SFR/D | 515 | Dianthus ST | MANH | $1,360,000 | 5/3.00 | 1960/ASR | 2565 | STD |
| S12044954 | SFR/A | 521 | 2nd ST | MANH | $1,370,000 | 3/2.00 | 1960/ASR | 1435 | STD |
| S12040479 | SFR/D | 1618 | 3rd ST | MANH | $1,380,000 | 4/3.00 | 1960/ASR | 2767 | STD |
| S12025920 | SFR/D | 526 | Marine | MANH | $1,385,000 | 3/3.00 | 1986/SEE | 2232 | STD |
| 11571567 | SFR/A | 1648 | 8TH ST | MANH | $1,393,000 | 5/4.00 | 1990 | 4964 | STD |
| S12013501 | SFR/D | 1447 | 8th | MANH | $1,400,000 | 4/4.00 | 1991/ASR | 3900 | SPAY |
| S11144648 | SFR/A | 1159 | 10th | MANH | $1,417,500 | 5/5.00 | 1975/ASR | 3924 | STD |
| V12042548 | SFR/A | 32 | Village Circle | MANH | $1,510,000 | 4/4.00 | 1984/ASR | 3256 | STD |
| S12028631 | TWNHS/A | 101 | Highland AV | MANH | $1,545,000 | 4/4.00 | 2003/ASR | 2050 | STD |
| S12021553 | TWNHS/A | 320 | 24th PL | MANH | $1,550,000 | 3/4.00 | 2005/ASR | 1804 | STD |
| S12021430 | SFR/D | 325 | 21st ST | MANH | $1,565,000 | 3/2.00 | 1957/ASR | 1536 | STD |
| F12025168 | SFR/D | 3504 | Palm AV | MANH | $1,570,000 | 5/4.00 | 1998/ASR | 3449 | STD |
| S11155506 | SFR/D | 228 | 33rd ST | MANH | $1,700,000 | 3/3.00 | 1999/ASR | 1825 | STD |
| S12065757 | SFR/D | 437 | 1st ST | MANH | $1,730,000 | 4/3.00 | 1985/ASR | 2632 | STD |
| S12033777 | SFR/D | 2559 | Valley DR | MANH | $1,835,000 | 4/4.00 | 2004/ASR | 3058 | STD |
| S12068392 | TWNHS/D | 309 | 1st ST | MANH | $1,850,000 | 4/4.00 | 2002/ASR | STD | |
| S12023664 | SFR/D | 1535 | Ruhland AV | MANH | $1,875,000 | 5/5.00 | 1998/ASR | 4822 | STD |
| S12031445 | SFR/D | 3116 | Alma AV | MANH | $1,875,000 | 4/2.00 | 1927/ASR | 2491 | STD |
| S12056280 | TWNHS/D | 88 | Manhattan AV | MANH | $1,925,000 | 3/4.00 | 1996/ASR | 2157 | STD |
| S12046914 | SFR/A | 1305 | 21st ST | MANH | $1,960,000 | 5/4.00 | 2006/ASR | 3522 | STD |
| S12023905 | SFR/D | 1525 | Mathews AV | MANH | $1,975,000 | 5/6.00 | 2007/ASR | 4510 | STD |
| S12020171 | TWNHS/D | 400 | Manhattan AV | MANH | $2,100,000 | 2/3.00 | 1982/ASR | 2235 | STD |
| S12046835 | SFR/D | 947 | 10th ST | MANH | $2,100,000 | 5/3.00 | 1989/ASR | 3620 | STD |
| S12040778 | SFR/D | 2808 | Elm AV | MANH | $2,150,000 | 5/4.00 | 2006/ASR | 3224 | STD |
| S12028022 | SFR/D | 1160 | Duncan DR | MANH | $2,205,000 | 5/3.00 | 1965/APP | 3482 | STD |
| S12041676 | SFR/A | 1406 | laurel | MANH | $2,375,000 | 5/7.00 | 2006/ASR | STD | |
| S10096035 | SFR/A | 121 | 32nd Street | MANH | $2,705,000 | 4/3.00 | 1959 | 2206 | STD |
| S12037601 | SFR/D | 864 | 9th ST | MANH | $2,850,000 | 5/5.00 | 2000/ASR | 4000 | STD |
| S12022867 | SFR/A | 225 | 16th ST | MANH | $3,000,000 | 5/5.00 | 1994/EST | 3777 | STD |
| S12024688 | SFR/D | 221 | 30th ST | MANH | $3,350,000 | 5/5.00 | 1999/ASR | 4554 | STD |
| S12064658 | SFR/D | 224 | 8th ST | MANH | $4,200,000 | 5/4.00 | 2002/ASR | 4599 | STD |
| S11080852 | SFR/D | 3308 | The Strand (aka 3309 Ocean) | MANH | $5,500,000 | 4/5.00 | 1952/ASR | 3090 | STD |
Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach. He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, TorranceRealEstateHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more. Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com. For more information on the South Bay, visit my Beach Cities Real Estate blog.
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