So far this year seems to be a different story when compared to last year.. Inventory is down by 50% from last year for single family homes in Manhattan Beach and townhomes in North Redondo. I use these two areas as they seem to reflect the market as a whole.... that is upper end and entry level for the beach cities. Last year they both maintained large inventories for most of the year and the market remained very slow. The decline in inventory appears to be because property is selling not being withdrawn from the market. Prices are still negotiable which is good news for buyers. The market is approaching normal something we haven't seen in years.

 To see how we did  go to: Manhattan Beach and all South Bay Beach Cities Real Estate Info

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