Oh what a month it was for real estate in the city of Manhattan Beach during April. There were 48 homes that sold during the month with another 60 going into escrow. The median price for the homes that sold was $3,677,000 and the days on market was 51. Visit our Manhattan Beach real estate trends and statistics to see how this compares to other months.
There have been a number of recent sales on the beachfront Strand in both Manhattan Beach and Hermosa which may be a welcome sign for the many listings that have been on the market for long durations…years in some cases. There just are not that many buyers for this price range and with an abundance of homes on the market all seeming to attempt to price at record numbers…..many homes sit on the market.
This most recent sale was a rare condo so the price point was certainly very different from the single family and duplex properties on The Strand. 1144 The Strand #B closed at $3,500,000 after coming on the market in late 2020 for $4,500,000. The seller’s willingness to come down on price certainly played a role in getting it sold. It was a very large condo with almost 2,500 square feet and 3 bed/2 bath. The biggest challenge was that it had been undergoing a major renovation when put on the market so it was basically a construction site which eliminated any traditional financing and took a buyer with a lot of vision. See all of the beachfront homes for sale on The Strand in Manhattan Beach.
1144 The Strand #B, Manhattan Beach CA
Take a look at this weeks ad in Digs Magazine this week featuring our newest Manhattan Beach listing at 3612 Alma.We have some great properties currently for sale, coming soon, and in escrow! Take a look!
Welcome to this beautiful home at 3612 Alma in the sand section of Manhattan Beach. For more information visit our recent blog post….for a quick tour take a look at the video below.
Take a look at all of the homes that sold in November in Manhattan Beach California. There were 43 closed home sales during the month. The medial “list” price was $2,549,000 with a median “sold” price of $2,375,000 potentially indicating a bit of a slowdown. The % of sales price was still fairly close to the list price but in previous months homes had been selling at or over the list prices. The average days on market was 69 and the average price per square foot was $1186. Take a look at Manhattan Beach home sales and other nearby cities for other months.
November 2020 Home Sales and Prices in Manhattan Beach CA
|MLS #||Type||St#||Address||Price||$ Per Foot||Bed/Bath||Sq Feet||Year||Sold Date|
|PW20142237||SFR/D||3619 N||Poinsettia AVE||$1,690,000||$1,272||3/3,0,0,0||1329/A||1955/PUB||11/2/2020|
|SB20091825||SFR/D||204 N||Poinsettia AVE||$4,500,000||$964||4/3,1,1,0||4667/A||1987/ASR||11/20/2020|
|SB20092235||TWNHS/A||1447||Manhattan Beach BLVD #D||$910,000||$630||3/2,0,1,0||1445/A||1976/ASR||11/2/2020|
|SR20201962||TWNHS/A||1427||12th ST #5||$1,025,000||$768||2/3,0,0,0||1335/A||1984/ASR||11/20/2020|
|20637652||TWNHS||1154 N||Rowell AVE||$1,585,000||$826||3/2,0,1,0||1918/A||2016/ASR||11/18/2020|