Market Report

Manhattan Beach, CA

Single-Family Homes

Chartwell Escrow



Manhattan Beach, CA

Sat Apr 13 2024
This week the median list price for Manhattan Beach, CA is $4,472,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has decreased to 42. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Manhattan Beach, CA

Sat Apr 13 2024
This week the median list price for Manhattan Beach, CA is $4,472,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has decreased to 42. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $4,472,000
Median Price of New Listings $2,822,000
Per Square Foot $1,448
Average Days on Market 88
Median Days on Market 53
Price Decreased 31%
Price Increased 0%
Relisted 5%
Inventory 42
Median Rent
Market Action 40
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
$19,000,000 6,286 0 - 4,500 sqft 5 7.5 13 0 1 108
$5,364,500 4,192 0 - 4,500 sqft 4 4 24 0 0 63
$3,850,000 3,509 4,500 - 6,500 sqft 5 4 26 1 1 49
$2,569,000 1,528 4,500 - 6,500 sqft 3 2 65 3 2 35