Manhattan Beach Real Estate

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Manhattan Beach Real Estate At a Glance

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Welcome to our real estate recap for Manhattan Beach.  We’ve provided the information below to get a sense of the Manhattan Beach real estate market at a glance.
We saw a big drop in the number of homes sold with with 20 closed escrows compared wtih 44 in April 2019.  The homes averaged only 41 days on market while the median sales price was a very impressive $3,540,000.  The average price per foot for the month was $1,309,000.

View the Manhattan Beach homes that sold in April 2020.

View the historical Manhattan Beach real estate statistics and trends as well as the current homes for sale in Manhattan Beach California.

Manhattan Beach Home Sales and Home Prices for April 2020

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Manhattan Beach home sales seemed to have a pretty solid month in April despite the coronavirus slowdown.  There were 23 homes that sold during the month.  The median list price was $2,999,000 with a median sales price of $2,900,000 indicating a continuing demand and seller’s market. The average price per foot was
$1338.80 and the average days on market was 67 (median days on market was a very short 12).

View the current homes for sale in Manhattan Beach

April 2020 Home Sales and Prices in Manhattan Beach CA

Type
 Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year Built
SFR/D
309
 Gull ST
$1,650,000
$1,465.36
2/2,0,0,0
1126/A
1958/ASR
SFR/D
310
 36th
$1,780,000
$1,751.97
2/1,0,0,0
1016/A
1930/ASR
SFR/D
410
 31st ST
$2,215,000
$1,393.08
3/2,0,0,0
1590/A
1969/ASR
SFR/D
436
 1st ST
$2,599,000
$1,359.31
4/2,0,0,0
1912/A
1955/ASR
TWNHS/D
3317
 Vista DR
$2,600,000
$1,061.22
4/4,0,1,0
2450/S
2004/ASR
TWNHS/A
432
 23rd ST
$2,650,000
$1,325.00
3/3,0,1,0
2000/SEE
2014/SLR
TWNHS/A
222
 1st PL
$2,760,000
$1,374.50
3/3,0,1,0
2008/A
2019/ASR
TWNHS/A
217
 21St. PL
$3,815,000
$1,942.46
3/3,0,1,0
1964/B
2019/BLD
SFR/A
225
 25th ST
$4,150,000
$1,619.20
5/4,0,0,0
2563/A
1967/ASR
SFR/A
333
 18th ST
$4,575,000
$1,171.88
6/6,0,1,0
3904/A
2004/ASR
DPLX/D
120
 6th ST
$5,253,772
$2,842.95
4/3,0,0,0
1848/A
1955/ASR
SFR/D
124
 6th ST
$6,589,478
$1,641.62
5/6,0,0,0
4014/A
1990/ASR
SFR/D
202
 Ocean DR  
$11,000,000
$2,647.41
5/5,0,1,0
4155/A
2006/ASR
SFR/D
3405
 Walnut AVE  
$3,000,000
$822.59
4/3,0,1,0
3647/A
1987/ASR
SFR/D
756
 36th ST  
$3,525,000
$979.44
6/3,3,1,0
3599/B
2016/PUB
SFR/D
844
 14th ST  
$3,730,000
$1,072.15
5/2,3,1,0
3479/B
2020/BLD
SFR/D
501 N
 18th ST  
$6,750,000
$1,101.86
5/2,4,2,0
6126/B
2019/SLR
SFR/D
939
 Duncan AVE  
$3,500,000
$886.75
4/4,0,0,0
3947/A
1990/ASR
TWNHS/A
14
 Bermuda CT  
$1,160,000
$745.02
2/1,1,1,0
1557/A
1987/PUB
TWNHS/A
1320
 12th ST   #2
$770,000
$612.57
2/2,0,0,0
1257/A
1974/ASR
SFR/D
1612
 9th ST  
$2,100,000
$1,191.83
3/1,1,0,0
1762/A
1965/ASR
SFR/D
1632
 11th ST  
$2,355,000
$1,069.48
3/2,0,0,0
2202/A
1996/SLR
SFR/D
1843
 6th ST  
$2,900,000
$714.81
5/4,0,1,0
4057/A
1998/ASR

Manhattan Beach Market Information for April

April 2020 was a Neutral market*

Home For Sale in April 2020: 88 units.

• Up 10% compared to last month
• Down 24.8% compared to last year


Home Closed in April 2020: 23 units.

• Down 8% compared to last month
• Down 47.7% compared to last year


Home Placed under Contract in April 2020: 17 units.

• Down 26.1% compared to last month
• Down 61.4% compared to last year


*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales

Market Update – Manhattan Beach Home Sales and Prices for March 2020

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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.

View the current homes for sale in Manhattan Beach

March 2020 Home Sales and Home Prices

Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Built Sold Date
DPLX/A 216 39th ST   $1,550,000 $1,014.40 2/2,0,0,0 1528/A 1931/ASR 3/31/2020
SFR/A 116 Seaview ST   $2,075,000 $1,571.97 3/0,2,0,0 1320/A 1959/ASR 3/23/2020
TWNHS/A 2301 Grandview AVE   $2,399,000 $1,315.96 3/4,0,0,0 1823/A 2000/PUB 3/18/2020
COMRES/A 4108 Highland AVE   $2,500,000 $678.98 3/2,0,2,0 3682/A 1990/ASR 3/19/2020
SFR/D 441 1st ST   $3,245,265 $694.03 5/4,0,0,0 4676/A 2004/ASR 3/25/2020
TWNHS/A 216 Marine AVE   $3,750,000 $1,922.09 3/3,0,1,0 1951/B 2019/BLD 3/12/2020
TWNHS/A 314 32nd ST   $3,850,000 $1,163.14 3/2,0,1,0 3310/A 2006/ASR 3/3/2020
SFR/D 2304 The Strand    $7,400,000 $3,135.59 3/2,0,1,0 2360/A 1965/ASR 3/3/2020
SFR 908 Rosecrans   $1,250,000 $1,502.40 2/1,0,0,0 832/A 1952 3/13/2020
SFR/D 2416 Elm AVE   $1,995,000 $971.28 4/2,1,0,0 2054/A 1960/ASR 3/3/2020
SFR/D 598 36th ST   $2,500,000 $821.29 5/3,0,0,0 3044/A 1987/ASR 3/6/2020
SFR/D 591 26th ST   $3,200,000 $879.12 5/3,1,1,0 3640/A 2001/ASR 3/18/2020
SFR/D 720 33rd ST   $3,625,000 $906.25 5/3,0,1,0 4000/O 2001/ASR 3/6/2020
SFR/D 663 18th ST   $5,900,000 $1,204.08 5/5,0,1,0 4900/O 2004/ASR 3/3/2020
SFR/A 822 6th ST   $3,575,000 $1,879.60 3/1,1,1,0 1902/A 1959/ASR 3/3/2020
SFR/D 852 8th ST   $6,200,000 $1,317.75 5/5,0,1,0 4705/A 2008/ASR 3/10/2020
TWNHS/A 13 Lafayette CT   $1,450,000 $756.78 3/2,0,1,0 1916/A 1985/ASR 3/1/2020
TWNHS/A 1401 12th ST   #D $925,000 $678.15 3/2,0,0,0 1364/A 1978/ASR 3/31/2020
SFR/D 1500 Lynngrove DR   $1,790,000 $1,008.45 3/1,0,1,0 1775/A 1950/ASR 3/18/2020
SFR/D 2101 Chestnut AVE   $1,860,000 $1,066.51 3/2,0,0,0 1744/A 1948/ASR 3/23/2020
SFR/D 2112 Magnolia AVE   $2,300,000 $895.99 4/2,0,1,0 2567/A 1974/SEE 3/13/2020
SFR/D 1315 21st ST   $2,583,499 $995.18 3/3,0,0,0 2596/A 2008/ASR 3/9/2020
TWNHS/A 1619 Artesia BLVD   #E $1,360,000 $623.85 3/2,0,1,0 2180/A 2008/ASR 3/30/2020
SFR 1756 11TH ST   $1,399,000 $923.43 3/2,0,0,0 1515/AP 1955 3/10/2020
SFR/D 707 S Redondo Ave    $2,180,000 $884.38 4/2,2,0,0 2465/S 1944/ASR 3/16/2020

Manhattan Beach Home Sales for April 2016

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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%

See The Homes That Sold In Manhattan Beach CA in March 2016

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By Keith KyleManhattan Beach Modern Houses

March was yet another very busy month for home sales in Manhattan Beach and the South Bay with home prices continuing to go up and the number of home sales rising as well.  The demand has been pretty overwhelming in Manhattan Beach with multiple offer situations selling over the list price being the norm.

Manhattan Beach saw 34 homes sell and close escrow in March of 2016 with only one of those homes selling below $1,000,000.  The average list price of $2,675,985 and the average sales price at $2,657,132 which again shows that very few homes are selling below list price….even in a market in which inflated prices are becoming more common.  The lowest priced home of the month was a 2 bedroom townhome in Manhattan Village at $984,000 and the most expensive was $5,700,000 for an older home on an enormous (by Manhattan Beach standards) 11,405 square foot lot.  As has been the norm for the past 2 years, none of the sales were foreclosures.

Click any link below to see the homes sold in March of 2016.
El Segundo
Gardena
Hawthorne
Hermosa Beach
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
Redondo Beach
Rolling Hills Estates
San Pedro
Torrance

Median Home Prices in Manhattan Beach Decline Y-O-Y in February 2015

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By Keith Kyle912-Duncan

February saw a continuing decline in the homes for sale and the number of homes sold in Manhattan Beach and much of the South Bay with housing inventory remaining well below the average.  Manhattan Beach saw 25 homes sell in February at a median price of $1,750,000.  Although it was a 16% drop from the median price a year earlier, that had been a record setting month with median home prices well over $2,000,000.

City Homes Sold February 2015 Median February 2014 Median Year over Year % Change
Carson 39 $395,000 $362,500 9.0%
El Segundo 14 $818,250 $952,000 -14.0%
Gardena 23 $334,000 $372,500 -10.3%
Harbor City 11 $393,000 $317,500 23.8%
Hawthorne 29 $410,000 $460,000 -10.9%
Hermosa Beach 14 $1,512,500 $1,265,000 19.6%
Lawndale 9 $415,000 $412,250 0.7%
Lomita 5 $326,000 $515,000 -36.7%
Long Beach 203 $405,000 $385,000 5.2%
Manhattan Beach 19 $1,750,000 $2,083,500 -16.0%
Marina Del Rey 16 $1,335,000 $769,000 73.6%
Palos Verdes Estates 31 $1,300,000 $1,392,500 -6.6%
Playa Del Rey 11 $891,500 $517,500 72.3%
Rancho Palos Verdes 32 $1,038,750 $708,500 46.6%
Redondo Beach 46 $812,000 $767,500 5.8%
San Pedro 52 $405,500 $450,000 -9.9%
Torrance 86 $542,000 $511,500 6.0%
Westchester 20 $820,000 $797,000 2.9%

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