Ellis Posner

Manhattan Beach, CA 90266

Single-Family Homes

ellisposner.com



Manhattan Beach, CA 90266

Sat Aug 17 2019
This week the median list price for Manhattan Beach, CA 90266 is $3,499,000 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 99. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Manhattan Beach, CA 90266

Sat Aug 17 2019
This week the median list price for Manhattan Beach, CA 90266 is $3,499,000 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 99. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Manhattan Beach market.
Median List Price $3,499,000
Per Square Foot $1,100
Days on Market 97
Price Decreased 45%
Price Increased 2%
Relisted 15%
Inventory 99
Median House Rent $7,995
Most Expensive $25,900,000
Least Expensive $1,499,000
Market Action Index
Slight Seller's Advantage
34

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$6,972,500 4,237 0 - 4,500 sqft 5 3 2 1 1 143
$4,250,000 4,117 4,500 - 6,500 sqft 4 3 18 3 0 83
$3,199,000 3,219 4,500 - 6,500 sqft 4 3 17 1 4 100
$1,999,000 1,831 4,500 - 6,500 sqft 3 1 60 3 6 65