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
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
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Lot Size3,502 sqft
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Home Size4,154 sq ft
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Beds5 beds
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Baths5 baths
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Year Built1947
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Days on Market4
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Lot Size1,350 sqft
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Home Size1,518 sq ft
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Beds3 beds
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Baths2 baths
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Year Built1967
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Days on Market4
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Lot Size4,639 sqft
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Home Size3,260 sq ft
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Beds5 beds
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Baths4 baths
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Year Built2003
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Days on Market4
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Lot Size3,497 sqft
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Home Size2,804 sq ft
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Beds5 beds
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Baths3 baths
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Year Built1939
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Days on Market4
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Lot Size5,401 sqft
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Home Size1,953 sq ft
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Beds3 beds
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Baths2 baths
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Year Built1940
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Days on Market4
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Lot Size13,821 sqft
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Home Size2,035 sq ft
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Beds3 beds
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Baths2 baths
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Year Built1962
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Days on Market6
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Lot Size2,709 sqft
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Home Size1,530 sq ft
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Beds3 beds
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Baths2 baths
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Year Built1939
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Days on Market7
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See all Real estate matching your search.
(all data current as of
2/18/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.