Manhattan Beach Housing Inventory is Finally on the Rise

It’s been a while since we’ve seen multiple months of rising home inventory in Manhattan Beach but it seems to be heading in the right direction.  Near all time lows in December, the number of new listings cotinues to slowly increase.   The Manhattan Beach sand section saw the biggest jump in new listings.  As of 3/23/18 there are 49 active homes for sale in the sand section, up from 27 in December, 20 active listings in the tree section up from 16 in December and 12 homes for sale in East Manhattan Beach up from 8 in December.  This level of inventory is still well below the norm, but is trending in the right direction.

Current Manhattan Beach Housing Inventory on 2/23/18

Current Manhattan Beach Housing Inventory as of 2/23/18.  There are current 90 active homes and income properties for sale in ManhattanBeach CA with a median home price of just over $2,924,000 and an average list price of just over $4,644,000.  The highest priced home is $23,995,000 for a double lot beachfront home/property at 2722 The Strand, with the least expensive home priced at $880,000 for a 2 bedroom condo at 644 Manhattan Beach Blvd.  See how this compares with recent months and years on our Manhattan Beach real estate trends and statistics page.

Sand Section

View current homes for sale in the Manhattan Beach tree section

MLS # Type   Address  Price 
Bed/Bath
Square Feet
Year
Date on Market
SB18035467 RES 2819 Vista DR  $         1,800,000
2/1,0,0,0
600/A
1938/ASR
2/14/2018
SB18024932 RINC 1613 Highland AV  $         1,849,000
/
1125/
1935/ASR
2/1/2018
SB18024808 RES 1613 Highland AV  $         1,849,000
2/2,0,0,0
1125/A
1935/ASR
2/1/2018
SB18013511 RES 761 Manhattan Beach BL  $         2,145,000
2/2,0,1,0
1853/E
2018/ASR
1/18/2018
SB18029386 RES 528 24th ST  $         2,149,000
2/2,0,0,0
1200/E
1948/ASR
2/7/2018
SB18035359 RINC 2820 Alma AV  $         2,195,000
/
928/
1938/ASR
2/14/2018
SB18013585 RES 756 Center PL  $         2,275,000
3/2,0,1,0
2182/AP
2017/BLD
1/18/2018
SB18005994 RES 3105 Vista DR  $         2,345,000
3/4,0,0,0
2406/A
2003/ASR
1/10/2018
18316032 RES 3612 ALMA AV  $         2,495,000
4/3,0,1,0
2510/
2006
2/15/2018
SB18026414 RES 3215 Vista DR  $         2,499,000
3/3,0,1,0
2400/E
2014/EST
2/3/2018
SB18039920 RES 123 44th ST  $         2,500,000
3/3,0,1,0
1713/A
1999/ASR
2/22/2018
SB18013827 RES 319 34th Place  $         2,599,000
3/1,2,1,0
2001/D
2017/BLD
1/18/2018
SB17168299 RES 225 38th ST  $         2,650,000
3/3,0,1,0
2270/O
1989/PUB
7/22/2017
SB18041204 RES 421 23rd ST  $         2,695,000
3/3,0,1,0
2344/B
2006/ASR
2/21/2018
SB18034963 RES 128 1st PL  $         2,699,000
3/1,2,1,0
1836/A
2000/ASR
2/20/2018
SB18037612 RES 501 8th ST  $         2,795,000
3/2,0,0,0
2064/A
1958/ASR
2/19/2018
SB18036673 RES 616 Highland AV  $         2,899,000
3/3,0,1,0
2131/A
1999/ASR
2/15/2018
SB18030308 RINC 3621 Alma Avenue AV  $         2,899,000
/
2515/
1961/ASR
2/8/2018
SB18007504 RES 3621 Alma Avenue AV  $         2,899,000
4/3,0,0,0
2515/A
1961/ASR
1/11/2018
SB18028282 RES 452 27th ST  $         3,150,000
5/3,0,1,0
3851/A
1990/ASR
2/6/2018
SB17179236 RES 88 Manhattan AV  $         3,500,000
3/4,0,0,0
2157/A
1996/ASR
8/3/2017
SB18037772 RES 333 7th ST  $         3,799,000
3/2,0,0,0
1356/A
1946/ASR
2/21/2018
SB17213603 RINC 323 23rd ST  $         3,850,000
/
3118/
1992/APP
9/14/2017
SB17213575 RES 323 23rd ST  $         3,850,000
5/4,0,1,0
3118/SEE
1992/ASR
9/14/2017
18310930 RES 316 10TH ST  $         3,900,000
4/3,1,1,0
4117/
2003
2/6/2018
SB18029403 RES 465 36th PL  $         3,995,000
5/6,0,0,0
4289/B
2017/BLD
2/7/2018
17287502 RES 441 1ST ST  $         3,995,000
5/4,0,1,0
4676/
2004
11/8/2017
SB18034049 RES 433 26th ST  $         3,999,000
5/4,0,0,1
4247/A
2004/ASR
2/15/2018
RS17265844 RINC 2309 Vista DR  $         3,999,000
/
2506/
1953/ASR
11/29/2017
SB18030427 RES 432 10th PL  $         4,199,888
3/3,1,1,0
3444/A
2006/PUB
2/8/2018
SB18018196 RINC 2600 Alma AV  $         4,295,000
/
3534/
1972/ASR
1/25/2018
SB18024122 RES 2613 Crest DR  $         5,499,000
0/0,0,0,0
100/A
1935/ASR
2/1/2018
SB18013243 RES 417 5th ST  $         5,499,000
4/5,0,0,0
3624/A
2004/ASR
1/18/2018
PV18034413 RES 127 21st ST  $         5,998,000
5/4,0,0,1
2252/A
1950/PUB
2/12/2018
PV18034008 RINC 127 21st ST  $         5,998,000
/
2252/
1985/SLR
2/12/2018
SB17263084 RES 2600 Grandview AV  $         5,999,000
6/2,5,1,0
4410/E
2016/BLD
11/22/2017
SB18006012 RES 224 29th ST  $         6,200,000
5/6,0,0,0
5000/A
2001/ASR
1/12/2018
OC17166294 RES 127 16th ST  $         7,200,000
5/3,0,0,0
2157/S
1924/SLR
7/25/2017
SB17089277 RES 125 17th ST  $         7,850,000
4/3,0,1,0
4334/A
1995/ASR
4/25/2017
SB17226841 RES 130 19th ST  $         9,250,000
4/4,0,1,0
4200/B
2017/BLD
10/2/2017
SB18022233 RES 2208 The Strand  $       10,500,000
9/8,0,0,0
5193/A
1972/ASR
1/24/2018
SB18014991 RINC 2208 The Strand  $       10,500,000
/
5193/
1972/ASR
1/24/2018
SB17187123 RES 3120 The Strand  $       12,900,000
5/4,0,0,0
4200/B
1991/ASR
8/13/2017
SB16716189 RES 1140 The Strand  $       14,974,000
5/4,0,0,0
2808/A
1957/ASR
10/3/2016
SB18026669 RES 317 17th ST  $       16,995,000
6/1,6,3,0
11917/A
2014/APP
2/4/2018
17242684 RES 108 The Strand  $       17,500,000
5/7,0,0,0
/
2014
1/23/2018
17288676 RES 2722 The Strand  $       23,995,000
8/9,0,0,0
6381/T
1951/ASR
11/10/2017
17288676 RES 2722 The Strand  $       23,995,000
8/9,0,0,0
6381/T
1951/ASR
11/10/2017
ML81693016 RES 604 19th ST  $         2,950,000
5/3,0,0,0
2693/A
1932
2/19/2018

Tree Section

View Current Homes for Sale in the Tree Section

MLS # Type   Address  Price 
Bed/Bath
Square Feet
Year
Date
on Market
318000333 RES 3529 Pacific AV  $         1,599,000
2/1,0,0,0
950/A
1950/ASR
1/26/2018
SB18039506 RES 616 Rosecrans AV  $         1,695,000
3/2,0,1,0
1529/P
1941/ASR
2/21/2018
SB17263952 RES 646 Rosecrans AV  $         1,899,000
4/3,0,0,0
2535/A
2007/ASR
11/25/2017
SB18031026 RES 2512 Pine AV  $         1,899,999
4/3,0,1,0
3156/A
1982/SLR
2/8/2018
SB18015661 RES 1728 Pine AV  $         1,900,000
3/2,0,0,0
1721/A
1954/ASR
1/26/2018
SB18020223 RES 1130 Laurel Ave  $         2,275,000
3/2,0,1,0
2880/A
2009/ASR
1/26/2018
PV18037103 RES 2507 N Valley DR  $         2,450,000
4/3,0,1,0
2824/A
2003/ASR
2/16/2018
SB17240588 RES 3613 Maple AV  $         2,495,000
5/4,0,1,0
3259/AP
2012/PUB
10/23/2017
17292550 RES 3605 OAK AV  $         2,699,000
5/3,0,1,0
3250/D
2017
11/28/2017
SB18037787 RES 2404 Laurel AV  $         2,750,000
5/4,0,0,0
3371/A
1993/ASR
2/22/2018
SB18032778 RES 2309 Pacific AV  $         2,850,000
5/4,0,1,0
3351/A
2007/ASR
2/15/2018
SB17203226 RES 2504 Pine  $         2,950,000
5/4,0,1,0
3600/A
2007/ASR
9/1/2017
SB17263938 RES 1308 Walnut AV  $         2,995,000
5/4,0,0,0
3273/A
1999/ASR
11/26/2017
SB17205144 RES 2313 Pine AV  $         2,995,000
5/1,3,0,0
3876/AP
1991/ASR
9/12/2017
17256442 RES 2612 Pine Ave  $         3,495,000
5/3,1,0,0
3600/B
2017
8/1/2017
SB18041823 RES 631 14th ST  $         4,500,000
6/4,1,0,0
4424/A
2001/ASR
2/22/2018
SB18007047 RES 1901 Palm AV  $         5,299,000
5/5,0,2,0
4762/B
2018/BLD
1/12/2018

Hill Section

View the current Manhattan Beach hill section homes for sale

MLS # Type
 
Address
 Price 
Bed/Bath
Square Feet
Year
Date
on Market
18313932 RES
644
MB Blvd #11
 $880,000
2/1,1,0,0
841
1969
2/15/2018
SB18041025 RES
222
Larsson ST
 $         1,825,000
3/2,1,2,0
2455/A
1992/ASR
2/21/2018
SB18036029 RES
1018
9th ST
 $         2,350,000
5/2,0,1,0
3048/A
1974/ASR
2/15/2018
SB18030009 RES
1031
Duncan AV
 $         3,950,000
5/4,0,0,0
4200/N
2004/ASR
1/29/2018
SB18013151 RES
941
Duncan PL
 $         4,650,000
5/4,1,0,0
4182/A
1977/ASR
1/18/2018
SB18006932 RES
513
Longfellow AV
 $         5,349,000
5/4,0,2,0
5128/B
2018/BLD
2/22/2018
SB17210981 RES
915
Duncan AV
 $         5,950,000
5/5,0,2,0
4637/B
2017/BLD
9/13/2017
SB18031011 RES
108 S
Poinsettia AV
 $         6,700,000
5/5,0,1,0
4836/A
2002/ASR
2/8/2018
SB18030036 RES
100 N
Dianthus ST
 $         7,000,000
6/7,0,0,0
7060/A
1982/ASR
11/1/2017
18312846 RES
621
8th ST
 $         7,195,000
4/5,0,0,0
4869/A
1998/APP
2/20/2018

Manhattan Village

View the current Manhattan Village homes for sale

MLS # Type   Address
 Price 
Bed/Bath
Square Feet
Year
Date
on Market
SB18032831 RES
18
Malaga PL E
 $         1,310,000
3/3,0,0,0
1752/A
1984/ASR
2/14/2018
SB18026465 RES
11
Marin CT
 $         1,574,888
3/2,0,1,0
1917/A
1987/ASR
2/6/2018
SB17221399 RES
51
Sausalito CR W
 $         1,699,000
3/3,0,0,0
1819/A
1987/EST
9/26/2017

East Manhattan Beach

View the current east Manhattan Beach homes for sale

MLS # Type
 
Address
 Price 
Bed/Bath
Square Feet
Year
Date
on Market
IG18029782 RES
1457
12th ST #C
 $         1,160,000
3/2,0,1,0
1740/A
2006/ASR
2/8/2018
SW18033577 RES
1300
Harkness 
 $         1,690,000
3/2,0,0,0
1617/A
1950/PUB
2/13/2018
SB18035358 RES
1713
23rd ST
 $         1,850,000
4/3,0,0,0
2000/E
1950/ASR
2/15/2018
SB17268474 RES
1201
17th ST
 $         2,285,000
5/3,0,1,0
3538/A
1997/ASR
12/2/2017
SB18039961 RES
1525
Artesia BL #A
 $         1,149,000
3/2,0,1,0
1412/A
1998/ASR
2/21/2018
SB18003003 RES
1510
2nd ST
 $         1,549,000
3/1,1,0,0
1515/A
1961/ASR
12/17/2017
SB18029789 RES
1500
8th ST
 $         1,550,000
3/2,0,0,0
1310/A
1957/ASR
2/13/2018
SB18034405 RES
1653
2nd ST
 $         2,595,000
5/4,0,1,0
4182/A
2005/ASR
2/14/2018
SB18021108 RES
1716
2nd ST
 $         2,699,999
4/4,0,0,0
3668/S
1989/ASR
2/1/2018
SB17130557 RES
1156
6th ST
 $         3,625,000
3/3,0,0,0
1560/A
1949/ASR
6/9/2017

Strong Home Sales in Manhattan Beach In November

Manhattan Beach saw yet another strong month in home sale and home prices in November of 2017 with 35 homes sales at a median home price of $2,300,000.  This was well over the November of 2016 median price of $1,863,000 but well below the numbers for October 2017.

The lowest price home sale of the month was a smaller single family home on Rosecrans which closed at $1,250,000 with the highest price sale cosing at $9,400,000 for a single family home at 712 John in the Manhattan Beach hill section.  This home had been on the market originally at $11,995,000.

See the current homes for sale in Manhattan Beach or see the recent Manhattan Beach home sales.

City Homes
Sold
November
2017  Median
November
2016  Median
Year over Year % Change%
Carson 49 $476,000 $450,000 5.9%
El Segundo 12 $1,243,000 $816,000 52.3%
Gardena 52 $533,000 $504,000 5.7%
Harbor City 10 $555,000 $523,000 6.1%
Hawthorne 30 $577,000 $575,000 .3%
Hermosa Beach 20 $1,550,000 $1,380,000 12.3%
Lawndale 18 $515,000 $393,000 31.2%
Lomita 11 $599,000 $473,000 26.8%
Long Beach 318 $510,000 $490,000 4%
Manhattan Beach 35 $2,300,000 $1,863,000 23.5%
Marina Del Rey 33 $925,000 $955,000 -3.1%
Palos Verdes Estates 27 $1,510,000 $1,550,000 -2.6%
Playa Del Rey 21 $710,000 $658,000 7.9%
Rancho Palos Verdes 31 $1,108,000 $1,088,000 1.8%
Redondo Beach 79 $955,000 $900,000 6.1%
San Pedro 55 $550,000 $515,000 6.8%
Torrance 117 $700,000 $656,000 6.6%
Westchester 35 $1,015,000 $943,000 7.6%

Manhattan Beach Real Estate Report – By the Numbers

Information is key to making sound real estate decisions.  Nowhere is that more important than the high end and luxury market of Manhattan Beach CA.  The information below should help you keep up with the market and provide valuable insight into where the market currently is and where it’s going in the future.  See below for updated information such as number of active homes, pending sale, recent closed home sales and home prices for Torrance, Manhattan Beach, Hermosa Beach and Redondo Beach

New Listings

Active Listings

Pending Sales

Closed Sales

Days on Market

Price Per Foot

Average Sales Price

2 Sales in Manhattan Beach Above $20,000,000 in 2017

By Keith Kyle

2017 has seen a few sales with HUGE numbers that are still pretty unheard of….even in this high end luxury community.

The record setter was at 1000 The Strand closing at $21,000,000.  This was a showcase piece of land with an older multi unit building.  Sitting on an oversized lot just 2 blocks from downtown and the pier, this oversized property offered stunning and unblockable views of the Manhattan Beach pier, the beach, and the coastline.  The 4 plex currently on the lot consists of a 4 bedroom “owners” unit along with 3 two bedroom units and almost 6,000 square feet.  The home closed escrow in May.  Originally offered in 2015 at $28,900,000 the home was featured in the LA Times as a potential record setter.

The second highest sale of the year was another legacy type property in the Manhattan Beach hill section at 814 Pacific.  This incredible estate sat on a 23,000+ foot lot which is massive even by hill section standards.  The challenge in Manhattan Beach is that even into the multi millions….you can’t have it all.  That’s not the case with 814 Pacific as it most definitely had it all…..large house, huge yard, big view, pool, sport court, gym area, 5 car garage, guest house…

The home offered almost 10,000 feet with the main home featuring 5 bedrooms and 5 1/2 baths with many of the rooms offering big ocean views.  The property also had a detached guest house with 1 bedroom 1 bath and a separate “man cave”.  Although the home is great, it’s the outdoor areas that truly make it spectacular.

June 2017 Home Sales in Manhattan Beach CA

By Keith Kyle

June 2017 was a big month for home sales in Manhattan Beach CA with a fairly huge number of homes selling.  The summer months are always an active market and this year was no different with 57 Manhattan Beach homes closing escrow.  Thats well above the normal number of Manhattan homes selling in a month.  Median home prices were up significantly over June of the previous year with the median home in Manhattan Beach selling at just under $2,467,000 which was a 28% increase from June of the prior year.  Click here to see all of the recent home sales in Manhattan Beach CA.

City Homes Sold June 2017 Median June 2016 Median Year over Year % Change%
Carson 61 $445,000 $450,000 -1.1%
El Segundo 15 $800,000 $1,135,000 -29%
Gardena 70 $461,000 $430,000 7.2%
Harbor City 19 $465,000 $547,000 -15%
Hawthorne 45 $592,000 $624,000 -5.1%
Hermosa Beach 26 $1,718,000 $1,274,500 34.8
Lawndale 12 $535,000 $519,000 3.1%
Lomita 18 $565,000 $555,000 1.8%
Long Beach 419 $523,000 $470,000 11.2%
Manhattan Beach 57 $2,467,000 $1,924,000 28.2%
Marina Del Rey 34 $968,000 $900,000 7.6%
Palos Verdes Estates 46 $1,679,000 $1,533,000 9.5%
Playa Del Rey 34 $683,000 $603,000 13.3%
Rancho Palos Verdes 75 $1,240,000 $1,200,000 3.3%
Redondo Beach 117 $969,000 $945,000 2.5%
San Pedro 82 $510,000 $500,000 1.9%
Torrance 184 $673,000 $635,000 5.9%
Westchester 42 $1,090,000 $1,050,000 3.8%

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%

Declining Housing Inventory Continues in Manhattan Beach

By Keith Kyle

Just when it started to appear that inventory was finally on the rise, it quickly peaked and dropped down to very low levels once again. The chart below shows all of Manhattan Beach real estate as well as the rest of the South Bay and Palos Verdes areas for the past year.  We saw a peak in July wth 1,726 active homes for sale, but have steadily declined since and are not nearing the low point of last December.  Inventory generally picks up after December and hopefully the general trend of inventory steadily rising until mid summer continues.  To housing market chart for just Hermosa Beach is at the bottom of the page.


Housing market trends for Manhatttan Beach very much followed the same patterns as the South Bay with peak numbers of homes for sale during the summer months and declining ever since.

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%