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 Jul 11 2020
This week the median list price for Manhattan Beach, CA 90266 is $3,539,500 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 86. 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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Jul 11 2020
This week the median list price for Manhattan Beach, CA 90266 is $3,539,500 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 86. 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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $3,539,500
Per Square Foot $1,167
Days on Market 109
Price Decreased 31%
Price Increased 1%
Relisted 6%
Inventory 86
Median Rent $7,500
Most Expensive $22,750,000
Least Expensive $1,475,000
Market Action 36
Slight Seller's Advantage

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
$7,950,000 4,620 0 - 4,500 sqft 5 6 8 1 1 176
$4,349,000 4,037 4,500 - 6,500 sqft 5 5 5 2 1 88
$2,924,000 3,026 4,500 - 6,500 sqft 4 4 27 5 7 103
$2,023,500 1,666 4,500 - 6,500 sqft 3 2 66 3 2 72