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Manhattan Beach, CA 90266

Single-Family Homes

Gary Senser | 310.383.2779 | https://botellosenser.com



Manhattan Beach, CA 90266

Thu Sep 24 2020
This week the median list price for Manhattan Beach, CA 90266 is $3,250,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 89. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Manhattan Beach, CA 90266

Thu Sep 24 2020
This week the median list price for Manhattan Beach, CA 90266 is $3,250,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 89. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $3,250,000
Per Square Foot $1,271
Days on Market 104
Price Decreased 38%
Price Increased 2%
Relisted 8%
Inventory 89
Median Rent $5,925
Most Expensive $18,900,000
Least Expensive $1,399,000
Market Action 41
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$7,374,500 4,863 0 - 4,500 sqft 5 6 7 2 1 176
$4,534,500 4,351 4,500 - 6,500 sqft 5 5 8 3 3 104
$2,872,500 2,855 0 - 4,500 sqft 4 4 24 3 6 83
$1,999,000 1,382 0 - 4,500 sqft 3 2 68 7 5 53