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Manhattan Beach and South Bay Home Prices for October 2015

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By Keith Kyle

See the home sales in the South Bay as well as the median home prices in October 2105 for Manhattan Beach and surrounding cities.  To see the homes that sold please visit our recent home sales page.

City Homes
Sold		 October
2015 Median		 October
2014 Median		 Year
over Year % Change
Carson 39 $442,000 $375,000 17.9%
El Segundo 11 $805,000 $730,000 10.3%
Gardena 53 $435,000 $397,000 9.6%
Harbor City 15 $485,000 $303,750 59.7%
Hawthorne 33 $476,000 $540,750 -12%
Hermosa Beach 22 $1,265,000 $1,255,000 .8%
Lawndale 16 $445,000 $429,500 5.9%
Lomita 12 $484,000 $508,750 -4.9%
Long Beach 364 $457,500 $430,000 6.4%
Manhattan Beach 38 $2,100,000 $1,860,000 -2.1%
Marina Del Rey 33 $1,050,000 $733,000 43.2%
Palos Verdes Estates 38 $1,547,000 $1,152,000 34.3%
Playa Del Rey 17 $723,000 $485,000 49%
Rancho Palos Verdes 51 $1,100,000 $1,052,500 4.5%
Redondo Beach 103 $855,000 $809,000 5.7%
San Pedro 59 $490,000 $439,000 11.6%
Torrance 119 $555,000 $590,000 -6%
Westchester 27 $751,000 $832,000 -9.7%

Luxury Homes Dominate the Market in Manhattan Beach for April 2015

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By Keith Kyle612 John Street

April was a big month in Manhattan Beach with both the average home price and median home price topping $2,000,000.  The month saw 31 home sales of which the lowest priced home was $699,000 for a 2 bedroom condo while the biggest sale of the month was a Strand listing at $6,475,000.  Only 2 homes sold below $1,000,000 while the luxury market is clearly thriving with 17 homes topping the $2,000,000 threshold.   See the current homes for sale in Manhattan Beach or see other home sales and prices throughout the South Bay.

MLS TYPE
 
 ADDRESS  PRICE  BED/BATH AGE SQFT
SB15040916 SFR/D
462
 36th PL  $          1,255,500 2/2,0,0,0 1934/ASR 1150/T
SB15018876 TWNHS/A
3101
 Alma AV  $          2,150,000 3/3,0,1,0 2005/EST 1870/A
SB14233026 SFR/D
3016
 Alma AV  $          2,250,000 3/2,1,0,0 1936/ASR 1850/A
SB14241757 TWNHS/A
229
 Rosecrans PL  $          2,565,000 3/3,0,1,0 2014/BLD 2331/AP
SB15062777 TWNHS/D
305
 8th ST  $          2,990,000 3/3,0,1,0 2002/ASR 2285/A
14777865 TWNHS
112
 23RD PL  $          2,995,000 3/4,0,0,0 2001 1946/A
SB15025290 TWNHS/D
2412
 Alma AV  $          3,100,000 3/3,0,1,0 2005/ASR 2400/A
SB15036116 SFR/D
328
 6th ST  $          3,315,500 2/2,0,0,0 1947/ASR 1300/A
SB15031417 SFR/D
4414
 The Strand  $          6,475,000 9/6,0,0,0 1969/ASR 4401/A
SB15046398 SFR/D
1405
 Oak AV  $          1,300,000 2/1,0,0,0 1952/ASR 794/A
SB15067121 SFR/D
2001
 Oak AV  $          1,410,000 2/1,0,0,0 1941/ASR 846/A
SB15052111 SFR/D
2209
 Oak AV  $          1,410,000 3/2,0,0,0 1948/ASR 1175/A
SB15028856 SFR/D
845
 Marine AV  $          1,684,100 3/1,1,1,0 1951/ASR 1533/AP
SB15013850 SFR/D
2913
 Elm AV  $          1,800,000 5/2,1,0,0 1963/ASR 2600/A
SB15028802 SFR/D
1944 N
 Ardmore AV  $          2,000,000 3/2,0,0,0 1956/ASR 2158/A
SB15004582 SFR/D
3413
 Elm AV  $          2,100,000 4/3,0,1,0 1981/ASR 3412/AP
SB15068499 SFR/D
839
 Marine AV  $          2,225,000 5/3,0,0,0 1950/APP 3614/A
SB15054726 SFR/D
3408 N
 Poinsettia AV  $          2,565,000 5/4,0,0,0 2000/ASR 3155/A
SB15009398 SFR/D
1801
 Palm AV  $          2,900,000 5/1,3,1,0 2000/ASR 3893/A
SB15054168 SFR/D
861
 8th ST  $          2,525,000 2/1,0,0,0 1950/ASR 1232/A
SB15039834 TWNHS/A
31
 Coronado CT  $          1,250,000 3/1,1,1,0 1987/ASR 1916/A
SB15060209 SFR/D
52
 Village CR  $          2,325,000 4/1,2,1,0 1983/ASR 3263/A
SB15025842 SFR/D
1551
 23rd ST  $          1,440,000 3/2,0,0,0 1968/ASR 2046/A
SB15046172 SFR/D
1501
 23rd ST  $          1,460,000 4/2,1,0,0 1969/ASR 2678/A
SB15057862 SFR/D
1909
 Magnolia AV  $          2,798,000 5/5,0,1,0 2006/ASR 3767/A
SB15080582 CONDO/A
1501
 Artesia BL #4  $              699,000 2/3,0,0,0 1978/ASR 1193/A
15820107 SFR/D
107 N
 AVIATION  $              900,000 3/1,0,0,0 1950 952
SB15049184 SFR/A
1160
 11th ST  $          1,350,000 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
SB14211094 SFR/D
1846
 6th ST  $          1,910,000 4/2,0,1,0 1979/APP 2544/A
SB15046439 SFR/D
1501
 10th ST  $          2,550,000 4/3,0,1,0 2001/ASR 3685/A

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%

Manhattan Beach Home Sales in February 2015

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By Keith Kyle750 30th

February was another month dominated by low housing inventory and rapidly rising prices in the white hot real estate market in Manhattan Beach CA.  While the 19 homes sold in Manhattan Beach was well below the norm, the average sales price was just under $2.0M at $1,999,599.  Of the 19 homes sold there were only 5 sales priced below $1,000,000 consisting of 4 townhomes and one smaller single family home on Valley Dr.

February 2015 home sales in Manhattan Beach

MLS# Type   Address  Price  Bed/Bath Year Sq
Feet
SB14241303 TWNHS/A 228 38th ST  $ 2,800,000 3/3,0,1,0 2014/BLD 2175/E
PV15015180 SFR/D 510 23rd ST  $ 2,826,000 4/3,0,1,0 2009/ASR 3202/B
SB15025365 SFR/D 1904 Ocean DR  $ 3,250,000 2/2,0,0,0 2011/ASR 1800/B
SB14238747 SFR/D 2801 Valley DR  $ 985,000 2/1,0,0,0 1951/ASR 965
SB15037754 SFR/D 592 30th ST  $ 1,750,000 3/1,0,0,0 1953/ASR 1578/A
SB14258990 SFR/D 2413 John ST  $ 2,145,000 4/1,1,0,0 1961/ASR 1890/A
SB15007376 SFR/D 1708 Pine AV  $ 2,575,000 5/4,0,1,0 2011/APP 3129/A
SB15014492 SFR/D 3011 Elm AV  $ 3,212,500 5/4,0,1,0 2004/ASR 3600/E
SB15007963 SFR/D 3311 Elm AV  $ 4,569,000 6/3,3,1,0 2014/BLD 5166/B
SB14263986 SFR/D 915 Duncan AV  $ 2,150,000 3/2,0,0,0 1950/ASR 1656/A
PW14241187 SFR/D 864 5th ST  $ 2,900,000 2/2,0,0,0 1967/ASR 1515/A
SB14232744 TWNHS/A 30 Monterey CT  $ 835,000 2/2,0,0,0 1987/EST 1474/B
SB14232476 TWNHS/A 21 Santa Rosa CT  $ 875,000 2/2,0,1,0 1987/ASR 1583/B
SB15036929 TWNHS/A 1315 Manhattan Beach BL #B  $ 668,000 2/2,0,1,0 1986/ASR 1175/A
SB15019298 SFR/D 1901 Lynngrove DR  $ 1,291,875 3/1,0,0,0 1950/ASR 1098/A
SB14246573 SFR/D 1205 Meadows AV  $ 1,450,000 3/2,0,0,0 2014/SEE 1511/SEE
SB14264038 TWNHS/A 1140 Manhattan Beach BL #F  $ 660,000 2/1,1,1,0 1978/ASR 1197/A
SB14251202 SFR/D 1747 2nd ST  $ 1,335,000 3/2,0,0,0 1952/ASR 1442/A
SB15015200 SFR/D 1540 2nd ST  $ 1,715,000 4/3,0,0,0 1953/ASR 2840/A

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(all data current as of 1/20/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

South Bay Home Inventory Continues to Rise

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By Keith Kyle

What may be the beginning of a slight shift in the South Bay real estate market, inventory has continued to rise for the 5th straight month as both pending and sold homes remained relatively flat. Active homes for sale in July of 2014 were up 40% from the same month in 2013, while sold homes declined 11.7% and pending home sales only increased by 3.5%. This buildup of inventory may finally slow the market and lead to a market not so heavily favoring sellers.  The local Manhattan Beach real estate trends are slightly different with numbers being somewhat similar to a year ago in terms of active, pending and closed home sales although prices continue to rise, especially in the higher end of the market.  To see the most recent home sales visit our recent sales information site.

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