Manhattan Beach Properties Current Market Overview:
Manhattan Beach has 118 active listings and 59 properties are in Escrow. There were 20 closed sales in May (Zero properties sold for under 1 million and 12 over 2 million). The average selling price in Manhattan Beach Properties was $2,642,000. Manhattan Beach has 5.7 months of available inventory. The highest-priced home that sold this month was $5.7 million on 21st and Flournoy. The median sales price for Manhattan Beach, CA 90266 is $2,562,000.
Hermosa Beach Properties Current Market Overview:
The Hermosa Beach real estate market has 59 Active listings and 26 homes are in Escrow. There were 10 closed sales in May and 2 of them were under 1 million. Hermosa has about 4.3 months of inventory. The average sold price in Hermosa Beach in May has increased from last month to $2,608,000. The homes sold this month at an average sq/ft price of $1086. Buyers were able to negotiate a 5.4% discount off the original listing price. The highest-priced home sold on 30th Street in the Sand Section. for $5,800,000. The median sales price for Hermosa Beach, CA 90254 is $1,925,000.
Slight Buyer’s Advantage-
