Market Report

Manhattan Beach, CA

Single-Family Homes

Chartwell Escrow



Manhattan Beach, CA

Sat Mar 02 2024
This week the median list price for Manhattan Beach, CA is $4,269,500 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has increased to 48. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Manhattan Beach, CA

Sat Mar 02 2024
This week the median list price for Manhattan Beach, CA is $4,269,500 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has increased to 48. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $4,269,500
Median Price of New Listings $4,687,000
Per Square Foot $1,407
Average Days on Market 89
Median Days on Market 81
Price Decreased 23%
Price Increased 0%
Relisted 6%
Inventory 48
Median Rent
Market Action 39
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
$14,500,000 5,990 0 - 4,500 sqft 5 6.5 22 1 0 94
$4,874,500 3,846 0 - 4,500 sqft 5 4 22 3 1 35
$3,674,000 3,163 0 - 4,500 sqft 4 3.8 36 2 0 94
$2,612,000 1,702 4,500 - 6,500 sqft 3 2.5 67 0 4 98