Foreclosure Homes in Manhattan Beach, CA 90266

Current Market Conditions in Manhattan Beach, CA

Manhattan Beach's real estate market is currently strong, characterized by rising property values and a high demand for homes due to its desirable location. Homes here sell quickly, often above asking price, as buyers are drawn to the city's amenities and beaches. Inventory remains low, contributing to competitive bidding situations among buyers.

The market has seen a notable increase in interest from buyers seeking second homes or investment properties, further fueling demand. The appeal of Manhattan Beach as a destination for remote workers has also grown, enhancing its profile as a sought-after residential area.

Rent Prices In Manhattan Beach, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manhattan Beach, CA, is on a rollercoaster ride. The average rent price in Manhattan Beach, CA, is $5,063.00. Indeed, when looking to rent in Manhattan Beach, CA, you can expect to pay as little as $1,940.00 or as much as $8,260.00, with the average rent median estimated to be $5,040.00. The good news is that finding an affordable and desirable property to rent in Manhattan Beach, 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.