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 Dec 23 2024
This week the median list price for Manhattan Beach, CA 90266 is $4,272,500 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 40. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Manhattan Beach, CA 90266

Mon Dec 23 2024
This week the median list price for Manhattan Beach, CA 90266 is $4,272,500 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 40. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $4,272,500
Median Price of New Listings $1,798,000
Per Square Foot $1,551
Average Days on Market 83
Median Days on Market 70
Price Decreased 40%
Price Increased 3%
Relisted 10%
Inventory 40
Median Rent
Market Action 40
Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

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
$8,847,000 4,413 0 - 4,500 sqft 5 5 2 0 0 84
$5,972,500 4,396 4,500 - 6,500 sqft 5 5 13 0 3 59
$3,374,500 3,145 4,500 - 6,500 sqft 4 2.5 39 0 4 52
$2,412,000 1,439 4,500 - 6,500 sqft 3 2 61 1 4 108