Good days for the luxury home market on the beach. What a month and a half it’s been for the luxury real estate market of The Strand. The Strand is the beachfront strip of homes and properties in the sand section of Manhattan Beach California. This is some of the most sought after real estate in the country and 6 homes selling in 45 days is beyond rare. To give it some context there were only 6 on market beachfront Strand property sales in all of 2020. The past 40 days has been nothing short of amazing on the Manhattan Beach Strand. The average “asking” price for the properties that sold was $10,832,167 with the average “sold” price at $10,562,500. It’s important to keep in mind that many of the homes prices had decreased considerably from their initial “listing” price when first on the market.
There are still several oceanfront homes for sale on both the Manhattan Beach Strand as well as the Hermosa Beach Strand
Sep 1 – Oct 18 Beachfront Homes that Have Sold on the Strand in Manhattan Beach