Your Local Market Report

Manhattan Beach, CA

Single-Family Homes



Manhattan Beach, CA

Tue May 21 2019
This week the median list price for Manhattan Beach, CA is $3,645,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 96. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Manhattan Beach, CA

Tue May 21 2019
This week the median list price for Manhattan Beach, CA is $3,645,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 96. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $3,645,000
Per Square Foot $1,101
Days on Market 81
Price Decreased 31%
Price Increased 1%
Relisted 5%
Inventory 96
Median House Rent $10,500
Most Expensive $25,900,000
Least Expensive $1,480,000
Market Action Index
Slight Seller's Advantage
37

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$7,197,000 4,687 0 - 4,500 sqft 5 4 13 1 1 127
$4,375,000 4,384 4,500 - 6,500 sqft 5 3 15 1 2 80
$3,099,500 3,196 4,500 - 6,500 sqft 4 2 24 3 3 59
$1,994,500 2,011 4,500 - 6,500 sqft 3 1 64 4 5 58