STAN BOTELLO
Shorewood Realtors
3300 Highland Avenue
Manhattan Beach, CA 90266
310-795-0898
310-546-7561 Ext 463
Stan@SellingBeachProperty.com
Manhattan Beach Residential Sales Data
The Manhattan Beach average sales price for 2009 was down 8% over 2008. However, during the same period 43 more properties sold. This is the first increase in several years and is a good positive sign that more buyers are in the market. The only section not to show an increase in number of properties sold was the Tree Section. In terms of average days on market, the number continues to increase across all sections of the city.

MANHATTAN BEACH
  Total Year 2008 vs. 2009
2006 2007 2008 2009 +/- Difference
Total City
Avg Sales Price 1,810,049 1,884,144 1,711,694 1,579,636 -8%
# Properties 475 436 303 346 +43 more properties
Avg Days on Mkt 39 49 72 95 +23 more days
Sand Section
Avg Sales Price 2,016,164 2,201,313 1,911,909 1,957,348 +2%
# Properties 161 139 82 109 +27 more properties
Avg Days on Mkt 43 53 68 85 +17 more days
Tree Section
Avg Sales Price 1,801,071 1,967,206 1,798,874 1,477,338 -18%
# Properties 120 111 96 75 -21 fewer properties
Avg Days on Mkt 31 45 79 86 +7 more days
Hill Section
Avg Sales Price 2,391,813 2,487,069 2,580,599 2,490,012 -4%
# Properties 40 29 17 29 +12 more properties
Avg Days on Mkt 35 58 103 144 +41 more days
Manhattan Village
Avg Sales Price 1,096,909 1,235,065 1,247,538 1,010,993 -19%
# Properties 22 23 13 14 +1 more property
Avg Days on Mkt 67 28 40 91 +51 more days
Heights/Liberty Village
Avg Sales Price 1,199,372 1,290,131 997,508 946,965 -5%
# Properties 41 39 26 43 +17 more properties
Avg Days on Mkt 25 51 59 76 +17 more days
Mira Costa
Avg Sales Price 1,649,052 1,543,661 1,494,949 1,254,196 -16%
# Properties 91 95 69 76 +7 more properties
Avg Days on Mkt 42 48 69 111 +42 more days

Note: All data is based on single family, townhome and condo sales information. Current residential income property sales information is available upon request.

Source: Multi Regional Multiple Listing Service, Closed Sales. Information is deemed reliable but not guaranteed.