Manhattan Beach Sand Section Home Sales in 2009
By Tony Cordi
(Tony Cordi, Broker (Beachtime Realty))
Manhattan Beach Sand Section Home Sales in 2009 Not surprisingly, the value of single family homes in the sand section of Manhattan Beach has more than doubled over the past decade. There have been a number of compelling changes to the scene here during this time. The most notable may very well be the build-out of the old Metlox property, which now includes a number of highly popular restaurants, lounges, and shopping venues. This growth and development has rejuvenated the downtown Manhattan Beach area and helped bolster the values of the homes here. Unfortunately, the credit market crash of 2007 clobbered every city and Manhattan Beach was no exception. The sand section, however, has recovered better than all but only one or two other areas in the South Bay. The median sales pric...
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