Updated: Jan. 9, 2019
The median price for homes in Manhattan Beach as of Dec. 31, 2018, was $2,400,000.
This mild rise of 2% reflects a calmer market throughout 2018, after a full-year high was hit at year-end 2017, a 13% rise over the previous year.
For a chart of the median price through year-end 2018, see this blog post. Data below cover the full periods of Jan. 1-Dec. 31 going back 10 years.
The median price for homes in Manhattan Beach in calendar year 2017 was $2,349,000.
This was an increase of 13.2% over the 2016 median price of $2,075,000.
These figures were not calculated by robots or automated systems, they were calculated by a local broker, Dave Fratello, and they represent the true median price, not "average" price like you might see on some websites.
The median price is the exact middle of all the data, where half of the homes sold higher, and half sold lower.
We blog about home prices and median prices all the time here at MB Confidential!
See some of our more recent data and analyses here:
Median Prices through Q3: Up, Again (Oct. 8, 2018)
First Half '17 Bullish Again for Manhattan Beach (Aug. 2, 2017)
Bull Market(s) Celebrate 8th Year (March 9, 2017)
See the 'Median House(s)' of 2016 for MB (Feb. 15, 2017)
2016 Saw Bounceback in Sales, Higher Median Price (Feb. 14, 2017)
Would You Believe Prices Are Up? (Oct. 6, 2016)
Inventory Higher in 2015; Prices, Too (Jan. 7, 2016)
Sales Down, Prices Up So Far in 2015 (Dec. 8, 2015)
Sand Section Townhome PPSF Trends (July 8, 2015)
See the 7 'Median Homes' of MB for 2014 (Jan. 20, 2015)
MB Median Prices Rocket to New High in 2014 (Jan. 9, 2015)
How Prices Have Bounced Since '09 (Sept. 9, 2014)
MB Median Prices Tilt Way Up (July 1, 2014)
Medians, Peaks and Not-Bubbles (March 12, 2014)
2013 Wrap: Fewer Sales, Big Median Bump (Jan. 8, 2014)
For even more historical posts, follow the link below to the MB Confidential blog, which shows all posts tagged "median prices." Newest posts display first; you can scan back to see older posts and data.
See all MB Confidential blog posts about median prices for Manhattan Beach real estate
Custom South Martyrs charming Spanish at 1305 Church has a deal (list: $2.898M)
East MB new construx at 1226 3rd lasted only about a week, in escrow now (list: $3.590M)
North End Sand Section new construx at 3516 Manhattan Ave. begins at $4.499M
Tree Section new construx at 2517 Elm starts at $3.400M
Smallish but ultracute cottage at 861 12th Ct. was remod, sold for $2.100M in June '18, got major new remodel, now asking $2.150M
Nearing 300 DOM, Hill Section cottage at 811 1st cuts $150K more, now $2.999M
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