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 Jan 16 2021
This week the median list price for Manhattan Beach, CA 90266 is $3,895,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 53. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Manhattan Beach, CA 90266

Sat Jan 16 2021
This week the median list price for Manhattan Beach, CA 90266 is $3,895,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 53. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $3,895,000
Per Square Foot $1,311
Days on Market 136
Price Decreased 32%
Price Increased 0%
Relisted 9%
Inventory 53
Median Rent $7,000
Most Expensive $18,900,000
Least Expensive $1,150,000
Market Action 37
Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$10,500,000 4,372 0 - 4,500 sqft 4 5 7 0 1 190
$4,495,000 4,369 4,500 - 6,500 sqft 5 5 15 0 0 155
$3,499,000 3,573 4,500 - 6,500 sqft 4 5 18 2 1 122
$2,175,000 1,654 0 - 4,500 sqft 3 2 67 2 0 81