Pango Group

Manhattan Beach, CA 90266

Single-Family Homes

www.pangogroup.com



Manhattan Beach, CA 90266

Tue Aug 11 2020
This week the median list price for Manhattan Beach, CA 90266 is $3,317,500 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 106. 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

Tue Aug 11 2020
This week the median list price for Manhattan Beach, CA 90266 is $3,317,500 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 106. 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 $3,317,500
Per Square Foot $1,183
Days on Market 88
Price Decreased 35%
Price Increased 3%
Relisted 7%
Inventory 106
Median Rent $5,900
Most Expensive $18,900,000
Least Expensive $1,399,999
Market Action 38
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
$7,177,000 4,522 0 - 4,500 sqft 5 6 7 1 2 161
$4,185,000 3,965 4,500 - 6,500 sqft 5 5 14 3 4 70
$2,949,000 2,861 0 - 4,500 sqft 4 4 21 5 1 65
$2,099,000 1,530 0 - 4,500 sqft 3 2 68 3 2 58