Manhattan Beach Properties Current Market Overview:
Manhattan Beach has 76 active listings and 35 properties are in Escrow. There were 23 closed sales in January (Zero properties sold under 1 million and 15 over 2 million). Last month, on the avg. home buyers were able to negotiate a 8% discount for their homes. The average selling price in Manhattan Beach Properties was $2,901,000. Manhattan Beach has 2.3 months of available inventory. We had a slight increase in inventory but buyers were able to negotiate a deal since many properties were on the market for a little while longer than normal, avg. days on the market is now 50 days. What will happen to the real estate market if/when the interest rates rise?
We are very excited to share with you such great information about Manhattan Beach Properties current market overview. The data below allows you to analyze the information so buyers and sellers can make sound real estate decisions.