• Home
  • FREE Listing Alerts
  • Home Search
    • Current Homes for Sale
    • All Manhattan Beach Listings
      • Sand Section Homes
      • Tree Section Homes
      • Hill Section Homes
      • Manhattan Village
      • East Manhattan – Liberty Village
      • East Manhattan – Mira Costa
    • Search By Home Type
      • Single Family Homes
      • Townhomes
      • Condos
      • Multi Unit-Investment
    • Off Market & Pocket Listings
    • Search By Price
      • Below $1,000,000
      • $1,000,000 – $1,500,000
      • $1,500,000 – $2,000,000
      • $2,000,000 – $2,500,000
      • $2,500,000 – $3,000,000
      • $3,000,000 – $5,000,000
      • Homes Priced Between $5,000,000 and $7,000,000
      • Homes Price Above $7,000,000
  • Sellers
    • What is Your Home Worth?
    • How We Sell Luxury Homes
    • Seller FAQs
  • Neighborhoods
    • The Sand Section
    • The Tree Section
    • The Hill Section
    • East Manhattan/ Liberty Village
    • Manhattan Village
    • MB School Info
  • About
    • Keith Kyle – Top Realtor
      • What Clients Think
      • Press & Media
      • Q&A with Keith
      • Our Yelp Reviews
    • Vista Sotheby’s
    • Vista Sotheby’s Locations
    • Manhattan Beach CA Schools
    • Communities
  • Contact
  • Weekend Open Houses
  • Blog

Manhattan Beach Real Estate

Search Manhattan Beach Luxury Homes for Sale

Will Overpricing Help Slow the Manhattan Beach Market Down?

January 8, 2014 by ktkyle

By Keith KyleTree-Section

I’ve noticed an early January trend in some of the local markets as many homes now seem to be listed at prices that recent sales just don’t seem to justify. Will this overpricing help slow the market down a little as we’re starting to see some homes sit on the market and even eventual price reductions.  At the moment there are a number of homes in Manhattan Beach that have been on the market for 45 days or longer.

We’ve seen the market increase in value dramatically in the past 12 months with values generally rising each month but since late November we seem to be seeing more homes priced well above the current market and well above the pricing trend. Only time will tell what 2014 has in store in the Beach Cities real estate market but as perception is such a real part of real estate, buyers now seeing homes sit on the market without selling may mark the beginning of a slow down.

Filed Under: Manhattan Beach, Market Updates, Real Estate Opinion Tagged With: keith kyle, Manhattan Beach, manhattan beach real estate, market trends, overpricing, real estate, real estate market

Manhattan Market Stats

View all Manhattan Beach Posts

Copyright © 2021 · AgentPress Pro on Genesis Framework · WordPress · Log in