Skip to main content

Crazy: More Sales over $10M Than Under $1M in 2017

Jan 25, 2018 12:48PM ● Published by Jeanne Fratello

Manhattan Beach real estate has reached a surprising height, according to Manhattan Beach Confidential: More Manhattan Beach homes sold for over $10 million than under $1 million in 2017.

All told, there were just 5 sales under $1M, but 7 sales over $10M, according to Realtor Dave Fratello, the author of Manhattan Beach Confidential.

Additionally, there were 3 sales over $9 million, 4 sales from $7-8 million, 8 sales from $6-7 million, and 11 sales from $5-6 million.

Putting those numbers in a larger context, the median home price for the United States of America is about $230K. In California, it's twice that, with the median price at $461K. In Manhattan Beach, the median home price is 10 times the national at $2,354,500.

For more fascinating statistics, and the year-end roundup, see Manhattan Beach Confidential.

DigMB Email Signup * Don't Miss a Thing, Sign Up Today!

* indicates required
Email Format
Homes

It looks like we don't have any events for this date. You can always add an event.

It looks like we don't have any events for this date. You can always add an event.

It looks like we don't have any events for this date. You can always add an event.