Wed May 27 2020
This week the median list price for Manhattan Beach, CA 90266 is $3,234,995 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 86.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$3,234,995|
|Per Square Foot||$1,095|
|Days on Market||112|
|Slight Seller's Advantage|
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$6,499,000||4,620||0 - 4,500 sqft||5||6||10||1||0||181|
|$3,800,000||3,398||4,500 - 6,500 sqft||4||5||14||5||1||118|
|$2,899,000||3,111||4,500 - 6,500 sqft||4||4||20||6||2||90|
|$2,067,000||1,959||4,500 - 6,500 sqft||3||3||65||6||1||58|