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Manhattan Beach Real Estate

Search Manhattan Beach Luxury Homes for Sale

Happy Memorial Day from Manhattan Beach Luxury Real Estate

May 24, 2020 by Keith Kyle

From our family to yours we wish you a very happy and safe Memorial Day.  Now more than ever it’s important to remember those that made the ultimate sacrifice.

Keith Kyle, Vista Sotheby’s and Manhattan Beach Luxury Real Estate.

Filed Under: Activities Tagged With: keith kyle, manhattan beach holidays, manhattan beach luxury real estate, memorial day in manhattan beach, memorial day weekend, vista sotheby's

Manhattan Beach Update – Real Estate Trends and Statistics

November 21, 2019 by Keith Kyle

Keep current with the real estate market in Manhattan Beach.  The charts below will help you better understand just what’s happening in the market and whether it might be a good time to buy a home or sell your Manhattan Beach home.  See the information to see how many homes are on the market and selling compared with past months, how close sales prices are to list prices, the average days on market and more.  As of 11/21/19 – October 2019 is a neutral market

Home For Sale in October 2019: 101 units.

• Down 22.9% compared to last month
• Down 4.7% compared to last year

Home Closed in October 2019: 23 units.

• Up 4.5% compared to last month
• Down 32.4% compared to last year

Home Placed under Contract in October 2019: 51 units.

• Up 88.9% compared to last month
• Up 75.9% 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

Current number of homes for sale as well as pending home sales and recent sales

 

About the For Sale vs. Sold Report

  • For Sale numbers are the snapshot of the number of property for sale at the end of the month.
  • Pended numbers represent the number of properties that went into the “pending” status for that month.
  • New Listing numbers represent the number of properties that are new listed for that month.
  • Sold numbers represent the number of properties that are sold for that month.

What Does For Sale vs. Sold Report Do?

  • It helps determine the trend of market supply and demand.
  • It helps determine whether the current market is a seller or buyer market.
  • It helps determine the minimum length of the listing period.
  • It helps identify which price range the majority of the properties are in, within a given area.
  • It helps focus on where the buyer’s activities are and the market condition in those areas.

How to Use For Sale vs. Sold Report?

  • Use with Average Price Per Sqft Report to set competitive listing price.
  • Use current inventory level to determine market condition. The current inventory level is derived by dividing the monthly listing number by the monthly sold number which is shown in Months of Inventory graph. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.
  • A download trend of listing inventory and an upward trend of the number of properties sold indicates the seller is in a better negotiating position.
  • An upward trend of listing inventory and a downward trend of the number of properties sold indicates the buyer is in a better negotiating position.

You Should Know

  • The properties sold figures are derived from recorded transactions.
  • Current monthly sold figures might be adjusted upward on the next month’s report. This is to account for any closed transactions that are reported late.

Average Price Per Square Foot in Manhattan Beach

(keep in mind that this is often not the best determinant of value due to proximity to the beach, age, views, etc.

Days on Market (columns) and % of list price homes sold at

Average Home Price For Sale V Sold

Months of Inventory

Filed Under: Luxury Homes, Manhattan Beach, Market Updates, MLS Listings Tagged With: keith kyle, manhattan beach real estate market, manhattan beach real estate stats, vista sotheby's

No Real Estate Holiday in Manhattan Beach in December – Home Sale Frenzy Continues

January 6, 2016 by Keith Kyle

By Keith Kyle340 Via Colusa Hollywood Riviera

December never seems to be a slow real estate market here in the South Bay and Manhattan Beach and this December was no exception.  A very active real estate market was once again the case in this luxury coastal community.  Below are the home sales in December of 2015.  To see the recent home sales in nearby Hermosa Beach, Redondo and the South Bay click here.  While the number of homes sold was slightly down the prices just continue to rise.  In addition to the homes below the market continued to see an abundance of off market sales and pocket listings with several Manhattan Beach homes never even making it to the market.

MLS Type   Address  Price  Bed/Bath Year Built Sq Feet
SB15229160 SFR/A 116 Seaview ST  $  1,799,000.00 3/2,0,0,0 1959/ASR 1320/A
SB15179858 SFR/D 513 Longfellow AV  $  1,800,000.00 4/3,0,0,0 1947/ASR 1922/A
SB15201834 SFR/D 518 24th ST  $  1,920,000.00 2/1,0,0,0 1941/ASR 982/A
SB15112492 TWNHS/D 85 Bayview DR  $  2,625,000.00 3/3,0,0,1 1995/ASR 2078/A
SB15225845 TWNHS/D 3016 Highland AV  $  2,660,000.00 4/4,0,0,0 2000/ASR 2293/A
OC15229535 SFR/D 2600 Highland AV  $  3,100,000.00 1/1,0,0,0 1957/ASR 840/A
SB15103391 SFR/D 224 19th ST  $  5,650,000.00 5/3,1,1,0 1996/ASR 4310/T
SB15200297 TWNHS/D 808 The Strand  $  8,500,000.00 4/4,0,1,0 2015/BLD 2911/B
SB15213002 SFR/D 2505 N Poinsettia AV  $  1,688,888.00 3/2,0,1,0 1958/ASR 1780/SEE
SB15155161 SFR/D 2622 Maple AV  $  1,800,000.00 2/1,0,0,0 1947/ASR 918/A
SB15171030 SFR/D 2416 Elm AV  $  1,890,000.00 4/3,0,0,0 1960/ASR 2054/A
SB15221301 SFR/D 591 29th ST  $  1,905,000.00 3/2,0,0,0 1950/ASR 1200/E
SB15220803 SFR/D 835 17th ST  $  4,780,000.00 6/5,0,1,0 2006/ASR 5890/A
SB15168433 SFR/D 706 Anderson ST  $  1,733,000.00 3/2,0,0,0 1969/ASR 1900/S
SB15189951 SFR/D 319 S Dianthus ST  $  1,950,000.00 3/1,0,0,0 1935/ASR 1237/A
SB15238474 SFR/D 1015 Boundary PL  $  2,150,000.00 3/2,1,1,0 1956/ASR 2440/A
SB15225882 SFR/D 613 6th ST  $  3,275,000.00 3/2,0,0,0 1948/ASR 1386/A
SB15205663 SFR/D 815 2nd ST  $  4,275,000.00 5/4,0,2,0 2007/ASR 4722/A
SB15241741 SFR/D 937 8th ST  $  5,350,000.00 5/5,0,1,0 2015/SLR 5151/AP
SB15232356 TWNHS/A 25 Tiburon CT  $      885,000.00 2/2,0,0,0 1987/ASR 1465/A
SB15199567 SFR/D 1621 23rd ST  $  1,140,000.00 3/1,0,0,0 1952/ASR 1004/A
SB15221012 SFR/D 1500 Nelson AV  $  1,275,000.00 2/1,1,0,0 1952/ASR 1594/A
SB15178529 SFR/D 1751 Curtis AV  $  2,150,000.00 5/3,1,0,0 1993/ASR 3749/A
SB15123531 SFR/D 1150 2nd ST  $  2,218,000.00 4/3,0,1,0 1987/ASR 3710/A
SB15218243 SFR/D 1561 Gates AV  $  2,236,000.00 5/4,0,2,0 1988/ASR 4373/A
SB15244328 SFR/D 1649 9th ST  $  2,499,000.00 6/4,0,1,0 2003/ASR 4459/A
SB15156801 SFR/D 1524 Mathews AV  $  2,910,000.00 5/5,0,1,0 2015/ASR 4684/B
SB15215363 SFR/D 1156 6th ST  $  3,300,000.00 3/3,0,0,0 1949/ASR 1560/A

Filed Under: Communities, Home Prices, Manhattan Beach, Market Updates Tagged With: keith kyle, manhattan beach home sales, real estate market update, sold homes in manhattan beach, vista sotheby's

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