George Fotion's Market Report
Manhattan Beach, CA 90266
Single-Family Homes
Call Realty | www.BestPalosVerdesHomes.com | (424) 722-9136
Manhattan Beach, CA 90266
Mon Jun 23 2025
This week the median list price for Manhattan Beach, CA 90266 is $4,774,500 with the market action index hovering around 33. This is less than last month's market action index of 36. Inventory has held steady at or around 78.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Real-Time Market Profile
| Median List Price | $4,774,500 | |
| Median Price of New Listings | $2,899,999 | |
| Per Square Foot | $1,456 | |
| Average Days on Market | 72 | |
| Median Days on Market | 49 | |
| Price Decreased | 24% | |
| Price Increased | 1% | |
| Relisted | 9% | |
| Inventory | 78 | |
| Median Rent | ||
| Market Action | 33 | |
| Slight Seller's Advantage | ||
The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
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 |
|---|---|---|---|---|---|---|---|---|
| $9,299,500 | 4,326 | 0 - 4,500 sqft | 5 | 4.8 | 13 | 0 | 1 | 108 |
| $5,390,000 | 4,584 | 6,500 - 8,000 sqft | 5 | 5 | 5 | 0 | 4 | 56 |
| $4,149,997 | 3,072 | 4,500 - 6,500 sqft | 4 | 3.5 | 36 | 1 | 1 | 17 |
| $2,899,999 | 1,821 | 0 - 4,500 sqft | 3 | 2.5 | 73 | 6 | 1 | 14 |