Pango Group

Manhattan Beach, CA 90266

Single-Family Homes

www.pangogroup.com



Manhattan Beach, CA 90266

Tue Jun 06 2023
This week the median list price for Manhattan Beach, CA 90266 is $4,850,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 43. 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

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 Jun 06 2023
This week the median list price for Manhattan Beach, CA 90266 is $4,850,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 43. 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

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 $4,850,000
Median Price of New Listings $5,195,000
Per Square Foot $1,538
Average Days on Market 74
Median Days on Market 35
Price Decreased 26%
Price Increased 0%
Relisted 7%
Inventory 43
Median Rent
Market Action 44
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$12,497,500 6,186 6,500 - 8,000 sqft 5 7 15 0 1 35
$6,180,000 3,852 0 - 4,500 sqft 4 5 15 4 1 98
$3,749,000 3,103 4,500 - 6,500 sqft 4 3 37 1 4 28
$2,000,000 1,190 0 - 4,500 sqft 3 2 71 1 2 28