Pango Group

Manhattan Beach, CA 90266

Single-Family Homes

www.pangogroup.com



Manhattan Beach, CA 90266

Tue May 18 2021
This week the median list price for Manhattan Beach, CA 90266 is $3,687,000 with the market action index hovering around 56. This is an increase over last month's market action index of 50. Inventory has decreased 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.

Strong Seller's Market

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 90266

Tue May 18 2021
This week the median list price for Manhattan Beach, CA 90266 is $3,687,000 with the market action index hovering around 56. This is an increase over last month's market action index of 50. Inventory has decreased 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.

Strong Seller's Market

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 $3,687,000
Median Price of New Listings $2,875,000
Per Square Foot $1,171
Average Days on Market 79
Median Days on Market 21
Price Decreased 21%
Price Increased 2%
Relisted 8%
Inventory 48
Median Rent $7,995
Market Action 56
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$8,975,000 4,250 0 - 4,500 sqft 4 5 13 1 3 45
$4,397,000 4,213 4,500 - 6,500 sqft 4 5 6 0 2 38
$3,121,500 3,054 4,500 - 6,500 sqft 4 4 35 5 4 17
$2,049,500 1,715 0 - 4,500 sqft 3 2 68 3 6 14