George Fotion's Market Report

Manhattan Beach, CA 90266

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Manhattan Beach, CA 90266

Sat Nov 27 2021
This week the median list price for Manhattan Beach, CA 90266 is $4,399,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has held steady at or around 34. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Manhattan Beach, CA 90266

Sat Nov 27 2021
This week the median list price for Manhattan Beach, CA 90266 is $4,399,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has held steady at or around 34. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $4,399,000
Median Price of New Listings $3,449,500
Per Square Foot $1,387
Average Days on Market 83
Median Days on Market 42
Price Decreased 26%
Price Increased 0%
Relisted 0%
Inventory 34
Median Rent $8,123
Market Action 59
Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, 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
$8,999,000 5,110 0 - 4,500 sqft 5 5.5 18 0 1 98
$4,899,500 3,999 0 - 4,500 sqft 4 5 14 1 3 24
$4,085,000 3,149 0 - 4,500 sqft 4 5 17 1 1 28
$2,599,000 1,310 0 - 4,500 sqft 3 2 69 2 3 35