Pango Group

Manhattan Beach, CA 90266

Single-Family Homes

www.pangogroup.com



Manhattan Beach, CA 90266

Mon Nov 11 2019
This week the median list price for Manhattan Beach, CA 90266 is $3,250,000 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has held steady at or around 75. 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

Mon Nov 11 2019
This week the median list price for Manhattan Beach, CA 90266 is $3,250,000 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has held steady at or around 75. 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 $3,250,000
Per Square Foot $1,181
Days on Market 106
Price Decreased 45%
Price Increased 0%
Relisted 5%
Inventory 75
Median House Rent $7,950
Most Expensive $25,900,000
Least Expensive $1,199,000
Market Action Index
Slight Seller's Advantage
36

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
$7,072,500 4,770 0 - 4,500 sqft 5 4 10 3 2 154
$3,999,995 3,947 4,500 - 6,500 sqft 4 3 19 0 5 104
$2,895,000 2,778 4,500 - 6,500 sqft 4 2 39 2 3 92
$1,899,000 1,622 0 - 4,500 sqft 3 1 64 3 6 75