March was a solid month for real estate in the luxury coastal community of Manhattan Beach. There were 25 home sales which is a fairly slow month but prices were very high. The median list price for homes in Manhattan was $2,399,000 with the median sold price also at $2,399,000 indicating a very strong sellers market. Keep in mind that the impacts of Covid 19 hadn’t been felt yet and we’ll likely start seeing the beginnings of the repurcussions starting in April.
Average price per foot was $1152.43, average days on market was 60 but the median days on market was a very low 11. 8 of the homes were in the sand section, 6 were in the tree section, 2 in the hill section and the rest in east Manhattan and Manhattan Village.
The big sale of the month was an oceanfront lot sale at 2304 The Strand that sold for $7,400,000 with a recent list price of $7,950,000 and an original list price of $9,950,000. View all of the current Manhattan Beach oceanfront Strand homes for sale.
March 2020 Home Sales and Home Prices
|Type||Address||Price||$ Per Foot||Bed/Bath||Sq Feet||Year Built||Sold Date|
|TWNHS/A||1401||12th ST #D||$925,000||$678.15||3/2,0,0,0||1364/A||1978/ASR||3/31/2020|
|TWNHS/A||1619||Artesia BLVD #E||$1,360,000||$623.85||3/2,0,1,0||2180/A||2008/ASR||3/30/2020|
|SFR/D||707 S||Redondo Ave||$2,180,000||$884.38||4/2,2,0,0||2465/S||1944/ASR||3/16/2020|