Justin Tye

Manhattan Beach, CA

Single-Family Homes

Active Realty I REAL



Manhattan Beach, CA

Sun May 26 2024
This week the median list price for Manhattan Beach, CA is $4,267,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 60. Click here to stay informed with the Manhattan Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Manhattan Beach, CA

Sun May 26 2024
This week the median list price for Manhattan Beach, CA is $4,267,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 60. Click here to stay informed with the Manhattan Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $4,267,000
Median Price of New Listings $3,899,500
Per Square Foot $1,411
Average Days on Market 69
Median Days on Market 32
Price Decreased 37%
Price Increased 0%
Relisted 5%
Inventory 60
Median Rent
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$11,500,000 5,329 4,500 - 6,500 sqft 5 6 16 4 3 63
$4,595,000 3,308 0 - 4,500 sqft 4 4 25 1 1 35
$3,999,000 3,363 4,500 - 6,500 sqft 5 4 21 5 1 14
$2,499,000 1,561 4,500 - 6,500 sqft 3 2 72 6 2 28