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%

Are We Seeing Too Many New Construction Homes in the Tree Section?

By Keith Kyle750 30th Street Manhattan Beach

With an abundance of new construction homes on the market and many projects currently underway, can the demand for these luxury homes be sustained?

The abundance, and possible over abundance, of new construction homes in the tree section of Manhattan Beach seems to have no end in sight as there are a number of projects nearing completion to add to an already over crowded market.  Currently there are 5 new construction homes on the market with an additional 3 currently in escrow.  Only time will tell if the demand will keep up with the supply of current listings and the projects nearing completion in this pocket of Manhattan Beach.  View the current Manhattan Beach tree section homes for sale.

New_Construction_Homes_in_the_Tree_Section

Homes_in_the_Tree_SectionCurrent Tree Section Homes for Sale

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Bucking the trend there’s no shortage of oceanfront home for sale in Manhattan Beach

By Keith KyleManhattan-Strand-Homes

When it comes to the best in Southern California coastal lifestyle, it doesn’t get any better than life on The Strand in Manhattan Beach.  Manhattan Beach’s beach front address offers some of the most sought after, and valuable properties in California.  Prices along this oceanfront stretch have skyrocketed in the past few years as more luxury and high end buyers have determined that Manhattan Beach is the place to own and live.  Builders, pro athletes, entertainers and other big money players have snapped up everything from luxurious new construction to fixers and tear downs.  That trend may be slowing, however, as the number of homes available continues to increase while the current listings often take longer to sell.

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Record Setting Oceanfront Strand Property Still On the Market

By Keith Kyle1000 The Strand Manhattan Beach

A few months back the beachfront property at 1000 The Strand in Manhattan Beach hit the market for a jaw dropping $28,900,000.  Even in Manhattan Beach, with values seemingly going up by the minute, this was a very aggressive price.  The location is spectacular as the home sits on a corner lot with 50 feet of beach frontage and 100 feet of walkstreet frontage (two of the most desirable and valuable features possible) with spectacular ocean, beach and pier views and located in the heart of the downtown area.  Currently showing as a 4 unit building, the value is in the land and location.  Despite being in a showcase location…..$28,900,000 is a very tall order for lot value.

We're sorry, but we couldn't find MLS # SB15119479 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

205 20th Street – Manhattan Beach Walkstreet Luxury Home For Sale

Brand new to the market, this contemporary home, designed by Louie Tomaro, and built in 2014, offers the best in 205-20th-Manhattan-Beach-Homesluxury coastal living.  Located just a few blocks from the heart of downtown Manhattan Beach, this stunning home offers beautiful open spaces to take full advantage of the seamlessly integrated indoor and outdoor living.  Offering beautiful ocean vistas this home is sure to impress.

Contact us for a private showing of this beautiful walkstreet home in the Manhattan Beach sand section.

We're sorry, but we couldn't find MLS # SB15129473 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Think you can’t have it all? Off Market Listing at 2104 Palm Ave in Manhattan Beach

One thing the Manhattan Beach homes don’t always offer the luxury home buyer is space.  There are the occasional oversized lots in the hill section but 2104 Palm Manhattan Beach other than that there just isn’t just much in the way of the great outdoors.

That’s certainly not the case with the rare opportunity offered at 2104 Palm Ave in the tree section of Manhattan Beach.  Currently off market and not on the MLS, this home sits on two adjacent lots offering a beautiful home and not only a yard, but a yard that most local soccer teams would be envious of.  The home itself offers almost 4500 square feet, 5 bedrooms, 6 baths and the combined lot size is almost 10,000 feet which is almost unheard of in this part of town.  Built in 2006, the home has been meticulously maintained and updated and offers a pool and spa in addition to the best sports court that you can imagine.  Not currently on the market, the home is for sale at $7,999,000 with listing agent Greg Maffei of Re/Max.

The home can be shown to qualified buyers.  Please contact us for a private showing and find out more about this very rare opportunity.  Contact us to see other Manhattan Beach pocket listings and off market homes before they hit the market.

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BUILDING LOCATION

Keith Kyle has been a full time realtor in Manhattan Beach since 2005 and has been recognized as one of the top producing agents at Vista Sotheby’s every year since 2007

ADDRESS:

2501 N Sepulveda Blvd., Manhattan Beach CA 90266

Phone:

310-251-2344

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CONTACT AGENT

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Keith Kyle

REALTOR

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