Single-family Foreclosures in Manhattan Bch, CA

Current Market Conditions in Manhattan Bch, CA

The Manhattan Beach real estate market is presently robust, with strong demand for properties due to its desirability as a coastal community. Homes tend to sell quickly when listed, often receiving multiple offers. Luxury homes and beachfront properties are particularly sought after, driving up the average home prices in the area. Investors and buyers are drawn to the charm and amenities of Manhattan Beach, further solidifying its status as a top choice in the South Bay area of Los Angeles.

New luxury developments and renovations of older properties have contributed to an increase in average home prices over the last few years. The sustained interest in the area and limited housing inventory, particularly single-family homes, has kept the market competitive. Buyers should be prepared for a fast-paced market where properties, especially those in prime locations, don’t stay on the market long.

Rent Prices In Manhattan Bch, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manhattan Bch, CA, is on a rollercoaster ride. The average rent price in Manhattan Bch, CA, is $4,620.00. Indeed, when looking to rent in Manhattan Bch, CA, you can expect to pay as little as $2,940.00 or as much as $7,160.00, with the average rent median estimated to be $4,080.00. The good news is that finding an affordable and desirable property to rent in Manhattan Bch, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.