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Manhattan Beach Real Estate Values Rose 65% in Eight Years

May 27, 2022 08:44AM ● By Mb News Staff
State data show that Manhattan Beach real estate values have risen 65% in eight years - from $14.12 billion to $22.19 billion - according to local real estate blog Manhattan Beach Confidential.

For the 2013-14 tax year, Manhattan Beach properties (all types and locations) were assessed at a total value of $14.12 billion.

Eight years later, for 2021-22, Manhattan Beach values hit $22.19 billion, a jump of $8.07 billion. (These number include both residential properties and commercial properties).

Furthermore, the pace of pace of value increase in Manhattan Beach is far greater than in the county as a whole. Los Angeles County assessed values grew just 35% over the same period of time.

For more data and deeper analysis of these numbers, including an explanation of how properties are assessed, read the full post on MB Confidential.

Manhattan Beach's Real Estate Resource

MB Confidential, MB News's sister publication, offers the most detailed resource available for Manhattan Beach real estate data.

For the latest pending/sold reports and massive amounts of additional local real estate data, visit MB Confidential's data page. For an up-to-the-minute scorecard on new listings, new escrows, new closed deals, and new price cuts, visit the Manhattan Beach Confidential Dashboard.

Additionally, for more insights into the market, to inquire about buying or selling properties, or to learn more about off-market inventory, contact MB Confidential author and Edge Real Estate broker Dave Fratello by email, or call (310) 243-6299.

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