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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).

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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

Manhattan Beach Housing Inventory is Finally on the Rise

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It’s been a while since we’ve seen multiple months of rising home inventory in Manhattan Beach but it seems to be heading in the right direction.  Near all time lows in December, the number of new listings cotinues to slowly increase.   The Manhattan Beach sand section saw the biggest jump in new listings.  As of 3/23/18 there are 49 active homes for sale in the sand section, up from 27 in December, 20 active listings in the tree section up from 16 in December and 12 homes for sale in East Manhattan Beach up from 8 in December.  This level of inventory is still well below the norm, but is trending in the right direction.

And Then There Were 50 – Housing Inventory Slowly Rising in Manhattan Beach

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By Keith Kyle432 23rd place

Although many listings are still selling the moment they hit the market, often over asking with multiple offers, the good news for buyers is that inventory is slowly creeping upward.  As of March 12th there are 52 homes for sale in Manhattan Beach.  While that’s 25% of the high point a few years back, it’s still twice the number of homes for sale just 45 days ago.  Currently the least expensive home in Manhattan Beach is listed at $895,000 for a court home in Manhattan Village.  The most expensive home currently on the market is and oceanfront home on The Strand listed for just under $14,000,000.  The average listing price in Manhattan Beach is currently $3,573,000.

MLS Home Type   Address  List Price  Bed/Bath Age Sq Feet
SB15003321 SFR/D 225 36th ST  $ 1,549,000.00 1/1,0,0,0 1933/ASR 728/A
SB15043119 SFR/D 212 40th ST  $ 1,995,000.00 3/2,0,0,0 1929/ASR 1518/A
SB15041122 TWNHS/D 3105 Vista DR  $ ,300,000.00 3/3,0,1,0 2003/ASR 2406/A
SB15037432 SFR/D 2216 Grandview AV  $ 2,349,000.00 2/1,0,0,0 1948/ASR 846/A
SB15047443 SFR/D 464 35th ST  $ 2,599,000.00 3/2,1,0,0 1988/ASR 3100/A
SB14241757 TWNHS/A 229 Rosecrans PL  $ 2,699,000.00 3/3,0,1,0 2014/BLD 2200/E
PV15045681 SFR/D 2804 Highland AV  $ 2,749,000.00 3/3,0,1,0 2003/ASR 2398/A
SB15013335 TWNHS/A 3215 Vista DR  $2,880,000.00 3/3,0,1,0 2014/BLD 2400/E
SB15048966 SFR/D 472 28th ST  $2,900,000.00 4/3,0,1,0 1988/EST 2586/A
SB15029488 SFR/D 541 4th ST  $ 3,989,000.00 4/3,0,1,0 1990/ASR 3596/A
SB15035149 TWNHS/A 3300 Ocean DR  $ 4,249,000.00 3/3,0,1,0 1992/ASR 2000/A
SB15052080 SFR/D 340 7th ST  $ 4,599,000.00 5/3,0,2,0 1988/ASR 3852/A
SB13078507 SFR/D 416 8th ST  $ 4,799,000.00 5/4,0,1,0 2014/EST 4200/E
SB15040562 SFR/D 121 35th ST  $ 4,999,999 4/4,0,0,0 1937/ASR 3546/A
SB15024360 SFR/A 501 Manhattan AV  $ 5,999,999 4/3,0,1,0 1948/ASR 2288/A
SB15043267 SFR/D 3421 Manhattan AV  $ 7,250,000 4/4,0,0,0 2002/ASR 4200/E
SB15047232 SFR/D 235 4th ST  $ 10,000,000 3/1,0,0,0 1924/ASR 1216
SB15052322 SFR/D 229 4th ST  $ 10,000,000 3/2,0,0,0 1920/ASR 1736/A
SB14139027 SFR/D 1140 The Strand  $ 13,999,000 5/4,0,0,0 1957/ASR 2808/A
SB15046398 SFR/D 1405 Oak AV  $ 1,249,000 2/1,0,0,0 1952/ASR 794/A
SB15052111 SFR/D 2209 Oak AV  $ 1,385,000 3/2,0,0,0 1948/ASR 1175/A
SB15031614 SFR/D 7 Laurel  $ 1,725,000 4/2,0,1,0 1976/ASR 2324/A
SB15051487 SFR/D 3528 Maple AV  $ 1,849,000 3/2,0,1,0 1963/ASR 1780/S
SB15020097 SFR/D 1208 Oak AV  $ 1,999,000 5/4,0,0,0 2004/ASR 3122/A
SB15014658 SFR/D 1512 Ardmore AV  $ 1,999,999 2/1,1,0,0 1953/ASR 1032/A
SB15004582 SFR/D 3413 Elm AV  $ 2,199,000 4/3,0,1,0 1981/ASR 3412/AP
PW14258199 SFR/D 3613 Walnut AV  $ 2,499,900 4/4,0,1,0 1988/ASR 3545/T
SB15005912 SFR/D 3525 Walnut AV  $ 2,674,000 5/3,1,0,0 2001/ASR 3509/A
SB15029988 SFR/D 2412 John ST  $ 2,799,000 3/2,0,1,0 2015/ASR 1890/B
SB15028167 SFR/D 620 36th ST  $ 2,935,000 4/4,0,0,0 2002/ASR 3776/A
SB14216358 SFR/D 750 35th ST  $ 3,275,000 5/4,0,1,0 2014/BLD 3714/B
SB14218397 SFR/D 636 12th ST  $ 5,300,000 5/5,0,1,0 2014/BLD 4330/B
SB15050953 SFR/D 835 17th ST  $ 5,799,000 6/5,0,1,0 2006/ASR 5890/A
SB15039938 SFR/D 915 Boundary PL  $ 1,750,000 2/1,0,0,0 1953/ASR 864/A
SB14230617 SFR/D 1007 Pacific AV  $ 6,200,000 5/3,0,2,0 1948/ASR 4200/S
SB15036240 SFR/D 1000 Highview AV  $ 6,499,000 5/2,2,2,0 2001/SLR 5541/A
SB14234309 SFR/D 839 2nd ST  $ 7,100,000 7/6,0,0,0 1947/ASR 6020/S
SB15013611 TWNHS/A 29 Catalina CT  $ 895,000 2/2,0,0,0 1984/ASR 1465/A
SB15010336 TWNHS/A 14 Dover PL  $ 1,435,000 3/2,0,1,0 1987/ASR 2042/A
PW15035682 TWNHS/A 5 Malaga  W  $ 1,449,000 3/2,0,1,0 1984/BLD 2064/B
SB15025842 SFR/D 1551 23rd ST  $ 1,500,000 3/2,0,0,0 1968/ASR 2046/A
SB15034938 SFR/D 1304 Lynngrovee DR  $ 3,199,900 5/5,0,1,0 2015/BLD 3746/B
SB15036473 SFR/D 1321 21st ST  $ 4,499,900 5/5,0,1,0 2015/BLD 5061/B
SB15049184 SFR/A 1160 11th ST  $ 1,299,000 4/2,0,0,0 1949/ASR 1205/A
SB15050764 SFR/D 1727 Curtis AV  $ 1,749,000 3/2,0,1,0 2015/SEE 2172/A
14798245 SFR 1226 10TH ST  $ 1,750,000 5/4,0,0,0 1944 3434
SB15037876 SFR/D 1220 Keats ST  $ 1,800,000 3/1,1,0,0 1953/ASR 1262/A
SB14242203 SFR/D 1127 5th ST  $ 2,195,000 5/3,0,0,0 1947/ASR 2822/A
SB15033654 SFR/D 1521 2nd ST  $ 2,499,000 5/3,0,1,0 2010/SLR 3299/S
SB15052082 SFR/D 1612 5th ST  $ 2,500,000 5/3,1,0,0 1991/APP 4400/AP
SB15034915 SFR/D 1131 6th ST  $ 4,499,900 5/2,3,0,0 2015/BLD 5022/A
PW15038378 SFR/D 1561 Mathews AV  $3,400,000 6/7,0,0,0 2015/BLD 5200/B

Days on Market On the Rise in the Tree Section of Manhattan Beach

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By Keith KyleManhattan Beach homes

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.

From 25 to 42 in 2 weeks – Manhattan Home Inventory On the Rise

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We posted several weeks ago that we had reached a new low in Manhattan Beach.  25 total active homes for sale which was the lowest point in a very long time.  As of January 22nd that number had increased to 42 which is a very good sign that the year may have some homes available unlike much of 2014.  We have seen a number of new listings during January which traditionally sees a nice increase once the holidays have wrapped up and people get back to work.  The chart below shows the active listings in light green, the pending sales as a red line and the closed sales as a dark green line.  Please feel free to contact us for more information on what is happening in the Manhattan Beach real estate market and where we see the market heading in 2015.

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