George Fotion's Market Report

Manhattan Beach, CA 90266

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Manhattan Beach, CA 90266

Fri Dec 06 2019
This week the median list price for Manhattan Beach, CA 90266 is $3,288,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 65. 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

Fri Dec 06 2019
This week the median list price for Manhattan Beach, CA 90266 is $3,288,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 65. 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 $3,288,000
Per Square Foot $1,179
Days on Market 117
Price Decreased 49%
Price Increased 0%
Relisted 6%
Inventory 65
Median Rent $8,500
Most Expensive $25,900,000
Least Expensive $1,199,000
Market Action 38
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.

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
$7,172,500 4,854 0 - 4,500 sqft 5 4 12 0 0 181
$4,449,000 4,072 4,500 - 6,500 sqft 5 3 12 1 5 75
$2,997,000 3,116 4,500 - 6,500 sqft 4 3 25 1 3 97
$2,150,000 1,748 4,500 - 6,500 sqft 3 1 64 0 2 113