December 2016 Home Sales and Home Prices in Manhattan Beach

By Keith Kyle

December was a pretty typical month in Manhattan Beach real estate with 38 home sales at a median price of $1,863,000.  December traditionally is a much slower month but with the continued demand for Manhattan Beach homes, there doesn’t seem to be such a thing as a slow month.  Click here to see the sold homes in Manhattan Beach for December.  For the current homes for sale visit our active listings page.

City Homes
Sold
December
2016 Median
December
2015 Median
Year
over Year % Change%
Carson 54 $450,000 $420,000 7%
El Segundo 14 $816,000 $1,171,000 -30.3%
Gardena 44 $504,000 $413,000 22.1%
Harbor City 9 $523,000 $404,000 29.5%
Hawthorne 37 $575,000 $520,000 10.6%
Hermosa Beach 17 $1,380,000 $1,625,000 -15.1%
Lawndale 8 $393,000 $521,000 -24.6%
Lomita 6 $473,000 $535,000 -11.6%
Long Beach 298 $490,000 $435,000 12.6%
Manhattan Beach 38 $1,863,000 $1,831,000 1.7%
Marina Del Rey 21 $955,000 $945,000 1.1%
Palos Verdes Estates 25 $1,550,000 $1,675,000 -7.5%
Playa Del Rey 20 $658,000 $612,000 7.5%
Rancho Palos Verdes 47 $1,088,000 $945,000 15.1%
Redondo Beach 75 $900,000 $855,000 5.3%
San Pedro 58 $515,000 $485,000 6.3%
Torrance 112 $656,000 $585,000 12.1%
Westchester 32 $943,000 $892,000 5.7%

Manhattan Beach Home Sales and Housing Prices for November 2016

By Keith Kyle

Manhattan Beach posted some solid home sales numbers in November 2016 with 38 homes selling at a median price of just over $1,862,000 which was up slightly over November of the previous year.  It was below the high points of the year but was still another solid month.  To see the home sales in Manhattan Beach click here.

City Homes
Sold
November
2016 Median
November
2015 Median
Year
over Year % Change%
Carson 54 $450,000 $420,000 7%
El Segundo 14 $816,000 $1,171,000 -30.3%
Gardena 44 $504,000 $413,000 22%
Harbor City 9 $523,000 $404,000 29.5%
Hawthorne 37 $575,000 $520,000 10.6%
Hermosa Beach 17 $1,380,000 $1,625,000 -15%
Lawndale 8 $393,000 $521,000 -24.6%
Lomita 6 $473,000 $535,000 -11.6%
Long Beach 298 $490,000 $435,000 12.6%
Manhattan Beach 38 $1,863,000 $1,831,000 1.7%
Marina Del Rey 21 $955,000 $945,000 1.1%
Palos Verdes Estates 25 $1,550,000 $1,675,000 -7.5%
Playa Del Rey 20 $658,000 $612,000 7.5%
Rancho Palos Verdes 47 $1,088,000 $945,000 15.1%
Redondo Beach 75 $900,000 $855,000 5.3%
San Pedro 58 $515,000 $485,000 6.3%
Torrance 112 $656,000 $585,000 12.1%
Westchester 32 $943,000 $892,000 5.7%

August Home Sales and Home Prices in Manhattan Beach CA

By Keith Kyle30th Street Kitchen

August 2016 was a solid month for homes throughout the South Bay with Manhattan Beach seeing a slight decline in median home price over August of 2015.  Manhattan Beach saw 36 closed home sales in the month of August with a median home price of $1,800,000.  As of October 18th 2016 there are 112 active homes and income properties for sale in Redondo Beach and 129 homes currently in escrow.  The lowest price of the month was a 2 bedroom condo in the Sand Section at $1,180,000 with the highest sale a $5,350,000 for a five bedroom single family home built in 2016.  View the current homes for sale in Manhattan Beach, CA or view a list of the homes sold in Manhattan Beach and the South Bay in August.

City Homes
Sold
August
2016 Median
August
2015 Median
Year
over Year % Change%
Carson 56 $450,000 $430,000 4.7%
El Segundo 15 $1,075,000 $780,000 37.8%
Gardena 43 $470,000 $399,000 17.8%
Harbor City 24 $523,000 $450,000 16.1%
Hawthorne 47 $575,000 $493,000 16.8%
Hermosa Beach 22 $1,723,000 $1,389,000 24.%
Lawndale 16 $498,000 $437,000 13.8%
Lomita 23 $619,000 $510,000 21.4%
Long Beach 348 $463,000 $459,000 .8%
Manhattan Beach 36 $1,800,000 $1,923,000 -6.4%
Marina Del Rey 24 $1,059,000 $928,000 14.1%
Palos Verdes Estates 42 $1,412,000 $1,815,000 -22.2%
Playa Del Rey 16 $623,000 $560,000 11.2%
Rancho Palos Verdes 57 $1,065,000 $1,155,000 -7.8%
Redondo Beach 100 $968,000 $842,000 15%
San Pedro 70 $481,000 $475,000 1.3%
Torrance 179 $645,000 $585,000 10.3%
Westchester 44 $1,093,000 $890,000 22.7%

This Weeks Manhattan Beach Open Houses

1641-23rd-street-remodeled-kitchenIf you’re looking for a great beach house, Manhattan Beach is the town for it.  Take a look at this weeks open house list to see what homes you might be interested in.  If the list isn’t updated please visit our South Bay open houses information site.

Featured Sand Section Home – 128 18th Street

Listed with Bryn Stroyke of Stroyke Properties.  128 18th Street Manhattan Beach

Located in the 100 block of one of Manhattan Beach’s finest walkstreets, this tropical contemporary home combines extraordinary design with exceptional location. Featuring 5 bdrms and 5.5 ba, 2 family rooms over 3 levels, with sweeping ocean views highlighted by 4 sets of mahogany Nano doors that give each level the sought after vacation feel……

128 18th Street, Manhattan Beach, CA 90266 (MLS # SB16116189)

(all data current as of 6/23/2017)
Price $9,000,000
Beds 5
Baths 6 baths
Home size 4,000 sq ft
Lot Size 2,613 sqft
Days on Market 389
Status Active
Located in the 100 block of one of Manhattan Beach's finest walkstreets, this tropical contemporary home combines extraordinary design with exceptional location. Featuring 5 bdrms and 5.5 ba, 2 family rooms over 3 levels, with sweeping ocean views highlighted by 4 sets of mahogany Nano doors that give each level the sought after vacation feel. Blurring the line where indoor ends & outdoor begins from the stone tiled patio off the walkstreet w sit down white water views to the large 3rd floor outdoor room featuring views of the MB Pier this home embraces the very best of beach living. Extraordinary finishes w mahogany plank flooring, slab marble counter tops, custom mahogany cabinetry, custom mahogany windows & doors & casings, exceptional Dornbrach plumbing fixtures, color plastered walls & mahogany capped glass rails. Top floor features an open floor plan punctuated by stunning Nano doors to the north & south, efficient gourmet kitchen w top of the line stainless appliances. Too many upgrades to mention including custom gravity driven hot water circulation system, a/c, copper gutters, trim pieces, 4 car garage, 3 stop elevator, wired for electronic blinds & more. Clean lines & smart design, location & luxury all just 5 doors from the sand.

Property Type(s): Single Family

Last Updated 6/1/2016 Tract
Year Built 2012 Community 142 - Manhattan Bch Sand
Garage Spaces 2.0 County Los Angeles
Total Parking n/a

Additional Details

Lot 2614 sq ft Area 142 - Manhattan Bch Sand
HOA Dues 0 Parking Spaces: 2.00
Pool Description None Utilities Sewer Available
View Description Neighborhood,Ocean,Panoramic Water Public

Features

Air Central
Air Conditioning Yes
Appliances 6 Burner Stove, Built In Range, Dishwasher, Garbage Disposal, Microwave
Garage Yes
Heat Forced Air
Interior Balcony, Elevator, Living Room Deck Attached, Open Floor Plan, Pantry, Stone Counters, Wired for Data, Wired for Sound
LotDescription Walkstreet
View Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : , Stroyke Properties Inc.

(view all details for MLS #SB16116189)

Manhattan Beach Bucks the Trend and Median Prices are down from June 2015

By Keith Kyle750 30th

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices.  Home prices were up year over year in every South Bay city other than Manhattan Beach which was a bit of an anomaly.  Manhattan Beach saw 42 homes sell which is higher than previous months, but the median home price of $1,865,000 was dramatically lower than the previous year.  One month of information in a city the size of Manhattan doesn’t indicate much, but it does indicate a slower market at the higher end.  To see the homes sold in Manhattan Beach for June 2016 view our recent sales information.

City Homes
Sold
June
2016 Median
June
2015 Median
Year
over Year % Change%
Carson 63 $450,000 $425,000 5.8%
El Segundo 20 $1,136,000 $888,000 27.9%
Gardena 47 $430,000 $399,000 7.8%
Harbor City 18 $547,000 $360,000 51.9%
Hawthorne 37 $624,000 $539,000 15.7%
Hermosa Beach 24 $1,248,000 $1,230,000 3.6%
Lawndale 13 $519,000 $450,000 15.2%
Lomita 16 $555,000 $530,000 4.7%
Long Beach 408 $470,000 $450,000 4.4%
Manhattan Beach 40 $1,962,000 $2,400,000 -18.25%
Marina Del Rey 32 $900,000 $810,000 11.1%
Palos Verdes Estates 39 $1,533,000 $1,500,000 2.2%
Playa Del Rey 22 $603,000 $610,000 -1.2%
Rancho Palos Verdes 75 $1,200,000 $1,110,000 8.2%
Redondo Beach 106 $950,000 $870,000 9.2%
San Pedro 79 $500,000 $472,000 6%
Torrance 163 $635,000 $597,000 6.3%
Westchester 44 $1,050,000 $923,000 13.8%

Manhattan Beach Home Sales for April 2016

By Keith Kyle756 36th

The April home sales numbers and median prices were once again impressive in Manhattan Beach and throughout most South Bay cities. Some cities saw a drop in median prices from the previous year but all are still trending upwards from 2015.

The luxury real estate market of Manhattan Beach saw 35 closed sales in April of 2016 with a median home price of $2,200,000 which was well ahead of 2015 in which the median price in April was $1,880,000.

Visit our South Bay real estate site to see the recent home sales in Manhattan Beach and the South Bay.

City Homes Sold April 2016 Median April 2015 Median Year over Year % Change%
Carson 59 $426,000 $414,000 2.9%
El Segundo 13 $900,000 $787,000 14.3%
Gardena 39 $445,000 $395,000 12.7%
Harbor City 14 $517,000 $412,000 25.6%
Hawthorne 43 $552,000 $484,000 14%
Hermosa Beach 22 $1,333,000 $1,450,000 -8%
Lawndale 17 $400,000 $410,000 -2.4%
Lomita 19 $475,000 $485,000 -2.1%
Long Beach 331 $440,000 $425,000 3.5%
Manhattan Beach 35 $2,200,000 $1,880,000 17%
Marina Del Rey 29 $874,000 $940,000 -7%
Palos Verdes Estates 41 $1,365,000 $1,537,000 -11.2%
Playa Del Rey 19 $705,000 $427,500 64.9%
Rancho Palos Verdes 46 $941,000 $1,040,000 -9.5%
Redondo Beach 102 $904,000 $844,000 7.1%
San Pedro 49 $490,000 $448,000 9.4%
Torrance 147 $590,000 $590,000 0%
Westchester 32 $915,000 $873,000 4.8%

March 2016 Median Home Prices for Manhattan Beach and the South Bay

By Keith Kyle

The numbers for March are in and it was another big month for home prices and home values in Manhattan Beach.  The median home price in this highly demanded coastal community was $2,275,000 and seems to just keep climbing.  There were 41 homes sold in Manhattan Beach CA or the month which is fairly typical over the past few months.

City Homes
Sold
March
2016 Median
March
2015 Median
Year
over Year % Change%
Carson 54 $447,500 $426,500 4.9%
El Segundo 10 $1,006,000 $849,000 18.5%
Gardena 58 $475,000 $403,500 17.7%
Harbor City 14 $450,000 $455,000 -1.1%
Hawthorne 36 $513,000 $642,000 -20.2%
Hermosa Beach 16 $1,183,000 $1,310,000 -9.7%
Lawndale 10 $385,000 $447,000 -13.9%
Lomita 11 $530,000 $481,000 10.1%
Long Beach 327 $478,000 $414,000 15.3%
Manhattan Beach 41 $2,275,000 $1,940,000 17.3%
Marina Del Rey 18 $1,025,000 $860,000 19.2%
Palos Verdes Estates 28 $1,355,000 $1,400,000 -3.2%
Playa Del Rey 18 $560,000 $546,000 2.6%
Rancho Palos Verdes 56 $1,156,250 $1,044,500 10.7%
Redondo Beach 89 $893,000 $862,000 3.7%
San Pedro  80 $554,000 $481,000 15.1%
Torrance 133 $615,000 $530,000 16%
Westchester 25 $910,000 $854,000 6.6%

Downtown Manhattan – One of the Many (Many) Things I Love About Manhattan Beach

By Keith KyleEvening in Downtown Manhattan Beach

Manhattan Beach is an idyllic place to live.  From near perfect weather, to spectacular beaches….from nationally ranked Manhattan Beach Unified schools to a fantastic sense of community….Manhattan Beach has it all.  These features also explain why Manhattan Beach real estate is so valuable and highly sought after.

One of the most recognizable and integral part to that small town charm and sense of community is the downtown area.  Lined with wonderful restaurants, chic shops, and a few “old school” beach bars, it’s a great place to be whether day or night.

Downtown Manhattan BeachThe downtown area is focused on the few blocks surrounding Manhattan Beach Blvd and as the primary street faces west and sits on a hill (technically a sand dune) it offers incredible views of the pier and ocean and enjoys a great ocean breeze that cools on even the hottest days.  Although it can get pretty overcrowded during the summer, as Manhattan is certainly a tourist destination, there is still enough room as most of the visitors eventually end up on the beautiful beaches just to the west of the downtown area.

Other parts of town such as El Porto (now known as North Manhattan) also offer a nice beach town feel, the downtown area certainly is the heart and soul of this charming beach community.

Downtown Manhattan Beach

 

Big Jump In Manhattan Beach Homes for Sale in March

By Keith Kyle

March 2016 saw a pretty significant increase in the number of active homes for sale in Manhattan Beach.  Whereas the prior 18 months had seen a high water mark of 77 homes for sale and had hovered between 50 and 70, the number of homes on the market took a fairly drastic upturn in March with over 100 homes active on the market.  As of this writing in late April, that number didn’t show signs of changing as there are currently 101 homes, townhomes and condos for sale in this coastal community.