Mid-Atlantic
Edge Real Estate Agency / PRNewswire

NY - Manhattan Beach Sees $1 Billion Increase in Home Sales in 2021, Local Broker Dave Fratello Reports

Dollar volume for Manhattan Beach home sales hit a record total of $3.554 billion, reports local real estate broker Dave Fratello on his MB Confidential blog. The 2020 total of $2.563 billion was the previous high.

MANHATTAN BEACH, Calif., Jan. 4, 2022 /PRNewswire/ -- Home buyers in Manhattan Beach, California, spent nearly $1 billion more on homes in 2021 than in the previous year, according to new data.

Dollar volume for Manhattan Beach home sales hit a record total of $3.554 billion, reports local real estate broker Dave Fratello on his MB Confidential blog. The 2020 total of $2.563 billion was the previous high.

"Home sales activity was so strong in Manhattan Beach last year that we blew away our own new record by almost 40 percent," said Fratello, founder of Edge Real Estate Agency, based in Manhattan Beach.

"It seemed that 2020 was a home-buying frenzy that could not be repeated," Fratello added. "In fact, the momentum only increased. Manhattan Beach just had a real estate sales year for the ages."

Read more.