By Keith Kyle
We may be finally seeing some relief from record low inventory in the luxury market of Manhattan Beach CA. Other than the peak summer months of 2013 we have seen record and near record lows for active homes for sale. As of May 5th there are currently 65 properties for sale in this coastal community which is a dramatic improvement over the record low 25 homes for sale in December. Although we’ve now seen 4 straight months of increases in the available homes on the market, inventory is still nowhere near recent year highs which saw over 300 homes for sale in 2009. Due to the duration of this low inventory, pent up demand has driven prices to peak levels and in some premier locations well beyond peak prices prior to the bubble years.
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Lot Size2,989 sqft
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Home Size869 sqft
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Beds2 Beds
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Baths2 Baths
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Year Built1936
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Days on Market4
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Lot Size7,153 sqft
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Home Size2,025 sqft
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Beds3 Beds
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Baths3 Baths
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Year Built1958
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Days on Market5
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Lot Size2,771 sqft
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Home Size1,880 sqft
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Beds5 Beds
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Baths2 Baths
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Year Built1939
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Days on Market5
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Lot Size1,351 sqft
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Home Size2,295 sqft
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Beds2 Beds
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Baths3 Baths
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Year Built2021
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Days on Market6
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Lot Size1,351 sqft
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Home Size1,332 sqft
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Beds
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Baths
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Year Built1960
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Days on Market7
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(all data current as of
5/16/2022)
Listing information deemed reliable but not guaranteed. Read full disclaimer.