Manhattan Beach, CA: Home Prices January-December 2000-2007 Part II
By Kaye Thomas, e-PRO, Manhattan Beach CA
(Real Estate West)
Manhattan Beach Home Prices : DOM & Median Price...2000-2007 part IIThe Manhattan Beach real estate market has been slow the last few months when compared to the first part of the year. The national credit crunch along with continued high prices and fears of a recession have created a lot of questions about the direction of housing in most of California, Los Angeles County and locally in the Beach Cities.While working on Part I and Part II of this report one of the things I noted is that trends in the Manhattan Beach market seem to be far more stable then many realize. The market started going up in 2002 and while price levels have bounced around they have not showed any major declines. Sales volume is off but not drastically when compared to the last three years. The DOM(Days on Market...
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