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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$3,288,000|
|Per Square Foot||$1,179|
|Days on Market||117|
|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.
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|