Real Estate Market Update for 90266 (Manhattan Beach, CA)

Video: Real Estate Community Tour for 90266 (Manhattan Beach, CA)

See Real estate community tour for 90266 (Manhattan Beach, CA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 3% from one year earlier, and up 11% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 3-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 24%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 2.3-million dollars. The number of units sold decreased 19% year-over-year, and increased 21% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 90266 (Manhattan Beach, CA)
Area Information for 90266 (Manhattan Beach, CA)
  • Population: 35,490
  • Median Age: 40.22 yr
  • Median Commute Time: 24.14 mins
  • Educational Climate*: 5
  • Sales Tax: 9%
  • Population Density: 9,016/sq mi
  • Population Change Since 2000: 4.83%
  • Closest Airport: Los Angeles International
  • Closest College: University Of West Los Angeles
  • Closest Jr. College: National University-los Angeles
  • Median Household Income: $135,773
  • Annual Residential Turnover: 18.52%
  • Median Years in Residence: 3.81 yr
  • Median Home Sales Price: $1,372,500
  • Closest Major Sports Team: Cd Chivas Usa
  • Change Avg. Household Income Since 2000: 35%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90266 (Manhattan Beach, CA)
Median Age: 40.22 Married: 38% Number of Households: 14,173 Households with Children: 4,837
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90266 (Manhattan Beach, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      First Lutheran Circle Of Love 0.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Meadows Avenue Elementary 0.4 mi Public K-5 5 5
      Pacific Elementary 0.4 mi Public K-5 5 5
      American Martyrs Elementary School 0.4 mi Catholic K-8 0 5
      Beach Cities Learning Center 0.4 mi Private 6-12 0 0
      Manhattan Beach Preschool 0.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Trinity Lutheran Ch Preschool 0.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Manhattan Beach Middle School 0.8 mi Public 6-8 5 4
      Del Sol Via Pacifica 0.8 mi Private PRESCHOOL-6 0 5
      Montessori School Of Manhattan Beach # 2 0.8 mi Private PRESCHOOL-K 0 4
      Aurelia Pennekamp Elementary 0.9 mi Public K-5 5 5
      Manhattan Academy 0.9 mi Private PRESCHOOL-8 0 4
      Grand View Elementary 0.9 mi Public K-5 5 5
      Magic Rainbow Preschool 1.1 mi Private PRESCHOOL-K 0 5
      Montessori School Of Manhattan Beach 1.1 mi Private PRESCHOOL-2 0 4
      Journey Of Faith Christian School 1.3 mi Private PRESCHOOL-K 0 0
      Mira Costa High School 1.3 mi Public 9-12 5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 90266 (Manhattan Beach, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.