Manhattan Beach Properties Current Market Overview:
Manhattan Beach has 107 active listings and 69 properties are in Escrow. There were 48 closed sales in April (One property sold under 1 million and 24 over 2 million). Last month, on the avg. home buyers were able to negotiate a 2% discount for their homes. The average selling price in Manhattan Beach Properties was $2,346,000. Manhattan Beach has 2.1 months of available inventory. The average price per sq/ft. was $932 in April.
Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 48 Active listings and 24 homes are in Escrow. There were 18 closed sales in April and only two of them were under 1 million. Hermosa has about 2 months of inventory. Most buyers were able to negotiate a 2% discount on the purchase of their new homes. The average selling price in Hermosa Beach in April has decreased a lot from last month to $1,738,000. The homes sold this month at an average sq/ft price of $871.
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