Pango Group

Manhattan Beach, CA 90266

Single-Family Homes

www.pangogroup.com



Manhattan Beach, CA 90266

Thu Dec 01 2022
This week the median list price for Manhattan Beach, CA 90266 is $4,250,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 45. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Manhattan Beach, CA 90266

Thu Dec 01 2022
This week the median list price for Manhattan Beach, CA 90266 is $4,250,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 45. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $4,250,000
Median Price of New Listings $1,991,944
Per Square Foot $1,481
Average Days on Market 98
Median Days on Market 77
Price Decreased 51%
Price Increased 0%
Relisted 13%
Inventory 45
Median Rent
Market Action 42
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$10,500,000 4,300 0 - 4,500 sqft 5 5 12 0 0 98
$5,999,000 3,624 4,500 - 6,500 sqft 4 5 36 0 1 126
$3,349,999 3,058 0 - 4,500 sqft 4 3 41 0 1 49
$1,991,944 1,688 4,500 - 6,500 sqft 3 2 69 4 2 35