So far 2007 is a lot different from 2006. If you want to buy in Manhattan Beach you know that inventory is very low particularly in the $2,000,000 or less range. There are only 87 single family homes for sale in Manhattan Beach and less then 20 condos.
These are the stats for price for single family homes in Manhattan Beach:
$0-$1,000,000 ( 5 properties for sale )
- $1,000,000-$2,000,000 ( 31 properties for sale )
- $2,000,000-$3,000,000 ( 35 properties for sale )
- $3,000,000-$4,000,000 (13 properties for sale )
- $5,000,000 or more (3 properties for sale )
This is what is available in each neighborhood:
Sand Section ( Area 42) 20 homes
Tree Section (Area 43) 29 homes
Hill Section ( Area 44) 9 homes
Manhattan Village (Area 45) 1 home
Manhattan Heights (Area 46) 11 homes
Mira Costa ( Area 47) 17 homes
Currently there are 56 homes pending ( price not released) the median price is $1,995,000
There are 30 homes that have closed escrow since February 1, 2007 with a median price of $1,787,000
All content copyright © 2007 Kaye Thomas
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