Your Local Market Report

Manhattan Beach, CA

Single-Family Homes



Manhattan Beach, CA

Wed Jul 17 2019
This week the median list price for Manhattan Beach, CA is $3,399,999 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 101. Click here to stay informed with the Manhattan Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Wed Jul 17 2019
This week the median list price for Manhattan Beach, CA is $3,399,999 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 101. Click here to stay informed with the Manhattan Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $3,399,999
Per Square Foot $1,112
Days on Market 81
Price Decreased 45%
Price Increased 1%
Relisted 13%
Inventory 101
Median House Rent $10,500
Most Expensive $25,900,000
Least Expensive $1,209,000
Market Action Index
Slight Seller's Advantage
34

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$7,000,000 4,250 0 - 4,500 sqft 5 4 10 1 0 128
$4,250,000 4,117 4,500 - 6,500 sqft 5 3 16 1 1 86
$2,999,999 3,072 0 - 4,500 sqft 4 3 23 1 2 68
$2,047,499 1,908 4,500 - 6,500 sqft 3 1 59 0 3 45