South Bay Real Estate Stats for Single Family Residences (YTD)

As we close out the summer and approach the final quarter of 2018, let’s take a look at some South Bay real estate stats from the period January 1 – September 3, 2018, Single Family Residences.

Areas: El Segundo, Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills Estates, Rolling Hills.

“Numbers are the highest degree of knowledge. It is knowledge itself.” ~Plato

Total # of closed home sales transactions……………………………….  1023
Total # of closed sales under $1 million……………………………………….  99
Total # of closed sales over $5 million…………………………………………   40
Manhattan Beach Sand Section sales over $5 million………………… 12
Total # of closed sales over $10 million………………………………………..   3
Highest closed sale / price per square foot (MB)……………  $3,180.29
Average days on market to sell…………………………………………………….  40
Average year built / closed sales………………………………………………  1969
Average close sales price……………………………………………….   $2,023,563
Average sales discount off list……………………………………  -1.75% off list     

 

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