Days on Market On the Rise in the Tree Section of Manhattan Beach

By Keith KyleManhattan Beach homes

In this ultra hot market any sign that things are slowing down is big news.  While the market is still very favorable for sellers we are noticing that many homes in the tree section of Manhattan Beach seem to be sitting on the market for a little longer.  The current average for “active” listings (those not sold or in escrow) is 56.  The number can be a bit misleading due to the fact the local MLS days on market continue to accrue if a home that is in escrow posts as “backup” status.  The number of days on market has risen every month since August of 2014 with a slightly higher number in January.  As inventory slowly rises the days on market will likely follow.  See all of the latest Manhattan Beach real estate market trends at our updated statistic pages.

The Luxury Market in Manhattan Beach is alive and well – 40 Homes Listed at Over $2.0M

By Keith Kyleinterior courtyard

The market in Manhattan Beach continues to be dominated by luxury homes an ever increasing median home prices.  Of the current 68 homes active on the Manhattan Beach MLS, 40 of them are priced at $2,000,000 or higher.   Only 7 of the 68 are priced below $1.0M which makes Manhattan Beach one of the pricier neighborhoods in Southern California.  Over the last 18 months we’ve seen an incredible influx of cash and high net worth buyers enter the market and prices have been driven up quickly.

Current Luxury Homes and Land for Sale in Manhattan Beach

  1. 5 beds, 4 baths
    Home size: 4,675 sq ft
    Lot size: 6,317 sqft
    Year built: 1999
    Days on market: 2
  2. 6 beds, 7 baths
    Home size: 6,028 sq ft
    Lot size: 7,510 sqft
    Year built: 2008
    Days on market: 5
  3. 3 beds, 4 baths
    Home size: 2,392 sq ft
    Lot size: 2,705 sqft
    Year built: 1940
    Days on market: 6
  4. 5 beds, 6 baths
    Home size: 3,500 sq ft
    Lot size: 5,014 sqft
    Year built: 2018
    Days on market: 7
  5. 5 beds, 5 baths
    Home size: 3,573 sq ft
    Lot size: 5,160 sqft
    Year built: 2018
    Days on market: 7
  6. 4 beds, 4 baths
    Home size: 3,254 sq ft
    Lot size: 5,020 sqft
    Year built: 2004
    Days on market: 9
  7. 5 beds, 6 baths
    Home size: 4,041 sq ft
    Lot size: 7,501 sqft
    Year built: 2000
    Days on market: 12
  8. 5 beds, 5 baths
    Home size: 3,118 sq ft
    Lot size: 2,705 sqft
    Year built: 1992
    Days on market: 12
  9. 5 beds, 7 baths
    Home size: 3,598 sq ft
    Lot size: 4,397 sqft
    Year built: 2018
    Days on market: 12
  10. 8 beds, 10 baths
    Home size: 6,073 sq ft
    Lot size: 5,148 sqft
    Year built: 1978
    Days on market: 12

See all Current homes for sale in city of Manhattan Beach.
(all data current as of 10/17/2018)

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