Manhattan Beach and the South Bay/Beach Cities: Sold for May... 2000-2007
By Kaye Thomas, e-PRO, Manhattan Beach CA
(Real Estate West)
Hermosa Beach Sand Section Homes. There have been a lot of stories in the media about the California real estate market this week. Headlines scream.. number of sales down 34%.. (courtesy of the LA Times on June 14, 2007) However the question is.. did the volume of sales really fall that much and if they did.. is this a national or a local phenomena.. With that in mind, I decided to track the number of sales in Manhattan Beach and North Redondo every May from 2000-2007. May is historically the month that is usually in transition from the hot Spring months to the slower Summer months. I used Manhattan and North Redondo as these two cities represent the highest and lowest priced markets in the Beach Cities of Manhattan Beach, Hermosa Beach , Redondo beach and El Segundo.So.. here are the f...
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