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Manhattan Beach May Home Sales Report – Real Estate Market Update

May home sales in manhattan beach ca

See the homes prices in manhattan beach in may 2022

It’s time for the Manhattan Beach real estate market review for May 2022.  It was a good month in terms of home sales in Manhattan with 35 home sales in March compared with 8 closed sales in March. The average “list” price was an impressive $3,404,457 with the average sold price at $3,449,471 meaning that Manhattan Beach homes generally sold WAY above the original list price. The average price per foot was $1612 and the average days on market was a short 28. Check the  Manhattan Beach real estate trends and statistics page to see how this compares to other months . The top home price of the month was a hill section single family home located at 812 5th St. The home was listed at $9,500,000 and sold for $8,980,000.

Manhattan beach home sales and property prices in may 2022

SFR/D 522 Rosecrans AVE $1,525,000 $1,396.52 3/2,0,0,0 1092/A 1952/ASR
SFR/D 204 38th ST $2,200,000 $2,113.35 3/2,0,0,0 1041/A 1942/ASR
SFR/D 212 41st Street $2,360,000 $1,529.49 3/1,1,0,0 1543/A 1947/ASR
SFR/D 137 15th ST $2,555,000 $2,877.25 2/2,0,0,0 888/A 1937/ASR
SFR/D 2612 Alma AVE $2,600,000 $2,108.68 3/2,0,0,0 1233/A 1958/ASR
SFR/A 1504 Highland AVE $2,625,000 $1,567.16 3/3,0,0,0 1675/A 1964/APP
TWNHS/A 442 23rd PL $2,850,000 $1,411.59 4/3,0,1,0 2019/SEE 2019/OTH
SFR 465 33RD ST $3,150,000 $2,256.45 3/2,0,0,0 1396/ 1955
SFR/D 3512 Manhattan Avenue $3,200,000 $2,723.40 2/2,0,0,0 1175/A 1928/ASR
TWNHS/D 3316 Alma AVE $3,750,000 $1,562.50 5/4,0,0,0 2400/A 2004/ASR
CONDO/A 2220 The Strand $4,700,000 $3,028.35 3/2,0,1,0 1552/A 1997/ASR
TWNHS/A 4314 The Strand $5,175,000 $1,953.57 3/3,0,1,0 2649/A 1990/ASR
SFR/D 3601 Bayview DR $6,499,000 $2,103.24 3/1,2,1,0 3090/A 1992/ASR
SFR/D 232 16th ST $7,495,000 $1,703.41 6/3,1,1,0 4400/SV 2015/SEE
SFR/D 204 19th ST $8,000,000 $1,877.93 5/5,0,0,0 4260/A 2005/ASR
SFR 2205 ELM AVE $2,210,000 $2,052.00 2/2,0,0,0 1077/ 1947
SFR/D 2812 Oak AVE $3,075,000 $800.16 4/2,0,1,0 3843/A 1988/ASR
SFR/D 750 29th ST $5,985,000 $1,237.85 6/2,4,2,0 4835/B 2022/BLD
SFR/D 559 33rd ST $6,000,000 $1,350.74 5/3,1,1,0 4442/D 2021/BLD
SFR/A 1012 10th ST $3,437,500 $1,317.55 4/4,0,0,0 2609/A 1947/ASR
SFR/D 300 N Dianthus ST $6,305,000 $1,146.36 6/5,0,1,0 5500/A 2006/ASR
SFR/D 812 5th ST $8,980,000 $1,610.47 6/7,0,0,0 5576/A 2004/ASR
SFR/D 1600 21st ST $1,985,000 $1,641.85 3/2,0,0,0 1209/A 1952/ASR
SFR/D 1142 21st Street $2,400,000 $1,363.64 3/1,1,0,0 1760/A 1948/ASR
TWNHS/A 1501 Artesia BLVD #J $1,210,000 $1,022.82 2/2,0,1,0 1183/A 1978/ASR
TWNHS/A 227 Aviation Pl $1,300,000 $789.79 3/2,0,1,0 1646/A 2002/ASR
SFR/D 207 S Aviation BLVD $1,300,000 $1,434.88 2/1,0,0,0 906/A 1961/ASR
TWNHS/A 1202 Tennyson St #8 $1,385,000 $791.43 3/2,0,1,0 1750/A 2005/ASR
TWNHS/A 615 Aviation WAY $1,735,000 $937.84 3/1,1,1,0 1850/B 2022/BLD
TWNHS/A 611 Aviation WAY $1,785,000 $964.86 3/1,1,1,0 1850/B 2022/BLD
SFR/D 1637 1st Street $2,020,000 $1,440.80 3/1,1,0,0 1402/A 1959/ASR
SFR/D 1642 10th St $2,300,000 $2,628.57 2/1,0,0,0 875/A 1956/ASR
SFR 1643 GATES AVE $2,400,000 $2,234.64 3/1,0,1,0 1074/ 1952
SFR/D 1250 3rd ST $2,700,000 $638.30 5/5,0,0,0 4230/A 1990/ASR
SFR/D 1756 Gates AVE $3,535,000 $814.14 5/4,0,1,0 4342/S 1997/ASR
in Manhattan Beach, Manhattan Beach real estate, Manhattan Beach realtors Posted by admin
559 31st Manhattan Beach

New Listing in the Tree Section at 551 31st St Manhattan Beach

“Go Big” is the motto of this latest listing both in terms of size and price.  The newest addition to the Manhattan Beach tree section is a 2019 built high end single family home located at 559 31st St.  The home was disigned by Mark Trotter and built by Icaza Construction and offers 6 bedrooms all with en suite baths,  office,  8 total bathrooms, and a private guest suite over the garage.  The home is immense with just under 5,000 square feet on 3 levels including a massive entertainers basement level.  The asking price is pretty significant at $6,195,000 and this would make it one of the highest priced (non ocean view) homes ever to sell in the tree section.  The home sold new in 2019 for $5,200,000. It’s a beautiful home with a great gas light neighborhood location but it will have to be seen if the market will support the $6.2M price.  As there’s nothing comparable on the market it may just be the perfect fit for someone willing to chase it.

Contact Manhattan Beach Realtor Keith Kyle for more information or to schedule a private tour

View all of the current Manhattan Beach tree section  homes for sale

559 31st St, Manhattan Beach – Listed at $6,195,000

Listing courtesy of Lee LeGrande – Palm Realty Boutique 310-545-2490

in Manhattan Beach, Manhattan Beach real estate, Manhattan Beach tree section, Real Estate Trends, Tree Section Posted by admin

April Home Sales in Manhattan Beach – Real Estate Recap

Although April was certainly a slower month for real estate in Manhattan Beach, it was still a good month given the circumstances and uncertainties.  There were 23 closed home sales during April 2020 with a median list price was $2,999,000.  The median sales price of $2,900,000 indicates a continuing strong buyer demand. The average price per foot was
$1338.80 and the average days on market was 67 (median days on market was a very short 12).

View the current homes for sale in Manhattan Beach

April 2020 Home Sales and Prices in Manhattan Beach CA

Type
 Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year Built
SFR/D
309
 Gull ST
$1,650,000
$1,465.36
2/2,0,0,0
1126/A
1958/ASR
SFR/D
310
 36th
$1,780,000
$1,751.97
2/1,0,0,0
1016/A
1930/ASR
SFR/D
410
 31st ST
$2,215,000
$1,393.08
3/2,0,0,0
1590/A
1969/ASR
SFR/D
436
 1st ST
$2,599,000
$1,359.31
4/2,0,0,0
1912/A
1955/ASR
TWNHS/D
3317
 Vista DR
$2,600,000
$1,061.22
4/4,0,1,0
2450/S
2004/ASR
TWNHS/A
432
 23rd ST
$2,650,000
$1,325.00
3/3,0,1,0
2000/SEE
2014/SLR
TWNHS/A
222
 1st PL
$2,760,000
$1,374.50
3/3,0,1,0
2008/A
2019/ASR
TWNHS/A
217
 21St. PL
$3,815,000
$1,942.46
3/3,0,1,0
1964/B
2019/BLD
SFR/A
225
 25th ST
$4,150,000
$1,619.20
5/4,0,0,0
2563/A
1967/ASR
SFR/A
333
 18th ST
$4,575,000
$1,171.88
6/6,0,1,0
3904/A
2004/ASR
DPLX/D
120
 6th ST
$5,253,772
$2,842.95
4/3,0,0,0
1848/A
1955/ASR
SFR/D
124
 6th ST
$6,589,478
$1,641.62
5/6,0,0,0
4014/A
1990/ASR
SFR/D
202
 Ocean DR  
$11,000,000
$2,647.41
5/5,0,1,0
4155/A
2006/ASR
SFR/D
3405
 Walnut AVE  
$3,000,000
$822.59
4/3,0,1,0
3647/A
1987/ASR
SFR/D
756
 36th ST  
$3,525,000
$979.44
6/3,3,1,0
3599/B
2016/PUB
SFR/D
844
 14th ST  
$3,730,000
$1,072.15
5/2,3,1,0
3479/B
2020/BLD
SFR/D
501 N
 18th ST  
$6,750,000
$1,101.86
5/2,4,2,0
6126/B
2019/SLR
SFR/D
939
 Duncan AVE  
$3,500,000
$886.75
4/4,0,0,0
3947/A
1990/ASR
TWNHS/A
14
 Bermuda CT  
$1,160,000
$745.02
2/1,1,1,0
1557/A
1987/PUB
TWNHS/A
1320
 12th ST   #2
$770,000
$612.57
2/2,0,0,0
1257/A
1974/ASR
SFR/D
1612
 9th ST  
$2,100,000
$1,191.83
3/1,1,0,0
1762/A
1965/ASR
SFR/D
1632
 11th ST  
$2,355,000
$1,069.48
3/2,0,0,0
2202/A
1996/SLR
SFR/D
1843
 6th ST  
$2,900,000
$714.81
5/4,0,1,0
4057/A
1998/ASR

Manhattan Beach Market Information for April

April 2020 was a Neutral market*

Home For Sale in April 2020: 88 units.

• Up 10% compared to last month
• Down 24.8% compared to last year


Home Closed in April 2020: 23 units.

• Down 8% compared to last month
• Down 47.7% compared to last year


Home Placed under Contract in April 2020: 17 units.

• Down 26.1% compared to last month
• Down 61.4% 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
in Manhattan Beach, Manhattan Beach real estate Posted by admin

March 2020 Manhattan Beach Home Sales

While the impacts of the coronavirus concerns didn’t really impact home sales in March we’ll likely see a significant slowdown in the April home sale number. The numbers for March:  The median list price for homes in Manhattan was $2,399,000 with the median sold price also at $2,399,000 indicating a very strong sellers market.  Average price per foot was $1152.43, average days on market was 60 but the median days on market was a very low 11.  8 of the homes were in the sand section, 6 were in the tree section, 2 in the hill section and the rest in east Manhattan and Manhattan Village. The big sale of the month was an oceanfront lot sale at 2304 The Strand that sold for $7,400,000  View all of the current Manhattan Beach oceanfront Strand homes for sale.

View the current homes for sale in Manhattan Beach

March 2020 Home Sales and Home Prices
Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Built Sold Date
DPLX/A 216 39th ST   $1,550,000 $1,014.40 2/2,0,0,0 1528/A 1931/ASR 3/31/2020
SFR/A 116 Seaview ST   $2,075,000 $1,571.97 3/0,2,0,0 1320/A 1959/ASR 3/23/2020
TWNHS/A 2301 Grandview AVE   $2,399,000 $1,315.96 3/4,0,0,0 1823/A 2000/PUB 3/18/2020
COMRES/A 4108 Highland AVE   $2,500,000 $678.98 3/2,0,2,0 3682/A 1990/ASR 3/19/2020
SFR/D 441 1st ST   $3,245,265 $694.03 5/4,0,0,0 4676/A 2004/ASR 3/25/2020
TWNHS/A 216 Marine AVE   $3,750,000 $1,922.09 3/3,0,1,0 1951/B 2019/BLD 3/12/2020
TWNHS/A 314 32nd ST   $3,850,000 $1,163.14 3/2,0,1,0 3310/A 2006/ASR 3/3/2020
SFR/D 2304 The Strand    $7,400,000 $3,135.59 3/2,0,1,0 2360/A 1965/ASR 3/3/2020
SFR 908 Rosecrans   $1,250,000 $1,502.40 2/1,0,0,0 832/A 1952 3/13/2020
SFR/D 2416 Elm AVE   $1,995,000 $971.28 4/2,1,0,0 2054/A 1960/ASR 3/3/2020
SFR/D 598 36th ST   $2,500,000 $821.29 5/3,0,0,0 3044/A 1987/ASR 3/6/2020
SFR/D 591 26th ST   $3,200,000 $879.12 5/3,1,1,0 3640/A 2001/ASR 3/18/2020
SFR/D 720 33rd ST   $3,625,000 $906.25 5/3,0,1,0 4000/O 2001/ASR 3/6/2020
SFR/D 663 18th ST   $5,900,000 $1,204.08 5/5,0,1,0 4900/O 2004/ASR 3/3/2020
SFR/A 822 6th ST   $3,575,000 $1,879.60 3/1,1,1,0 1902/A 1959/ASR 3/3/2020
SFR/D 852 8th ST   $6,200,000 $1,317.75 5/5,0,1,0 4705/A 2008/ASR 3/10/2020
TWNHS/A 13 Lafayette CT   $1,450,000 $756.78 3/2,0,1,0 1916/A 1985/ASR 3/1/2020
TWNHS/A 1401 12th ST   #D $925,000 $678.15 3/2,0,0,0 1364/A 1978/ASR 3/31/2020
SFR/D 1500 Lynngrove DR   $1,790,000 $1,008.45 3/1,0,1,0 1775/A 1950/ASR 3/18/2020
SFR/D 2101 Chestnut AVE   $1,860,000 $1,066.51 3/2,0,0,0 1744/A 1948/ASR 3/23/2020
SFR/D 2112 Magnolia AVE   $2,300,000 $895.99 4/2,0,1,0 2567/A 1974/SEE 3/13/2020
SFR/D 1315 21st ST   $2,583,499 $995.18 3/3,0,0,0 2596/A 2008/ASR 3/9/2020
TWNHS/A 1619 Artesia BLVD   #E $1,360,000 $623.85 3/2,0,1,0 2180/A 2008/ASR 3/30/2020
SFR 1756 11TH ST   $1,399,000 $923.43 3/2,0,0,0 1515/AP 1955 3/10/2020
SFR/D 707 S Redondo Ave    $2,180,000 $884.38 4/2,2,0,0 2465/S 1944/ASR 3/16/2020
in Uncategorized Posted by admin

Manhattan Beach Home Sales in June 2017

Welcome to the June Manhattan Beach real estate market update.  June 2017 was a big month for home sales in Manhattan Beach CA with a significant number of homes selling.  The summer months are always an active market in the Beach Cities and this year was no different with 57 Manhattan Beach homes closing escrow.  Thats well above the normal number of Manhattan homes selling in a month.  Median home prices were up significantly over June of the previous year with the median home in Manhattan Beach selling at just under $2,467,000 which was a 28% increase from June of the prior year.  According to Manhattan Beach realtor Keith Kyle, the market has been driven by a constant demand with inventory levels still remaining historically low.   Click here to see all of the recent home sales in Manhattan Beach CA.

City Homes Sold June 2017 Median June 2016 Median Year over Year % Change%
Carson 61 $445,000 $450,000 -1.1%
El Segundo 15 $800,000 $1,135,000 -29%
Gardena 70 $461,000 $430,000 7.2%
Harbor City 19 $465,000 $547,000 -15%
Hawthorne 45 $592,000 $624,000 -5.1%
Hermosa Beach 26 $1,718,000 $1,274,500 34.8
Lawndale 12 $535,000 $519,000 3.1%
Lomita 18 $565,000 $555,000 1.8%
Long Beach 419 $523,000 $470,000 11.2%
Manhattan Beach 57 $2,467,000 $1,924,000 28.2%
Marina Del Rey 34 $968,000 $900,000 7.6%
Palos Verdes Estates 46 $1,679,000 $1,533,000 9.5%
Playa Del Rey 34 $683,000 $603,000 13.3%
Rancho Palos Verdes 75 $1,240,000 $1,200,000 3.3%
Redondo Beach 117 $969,000 $945,000 2.5%
San Pedro 82 $510,000 $500,000 1.9%
Torrance 184 $673,000 $635,000 5.9%
Westchester 42 $1,090,000 $1,050,000 3.8%
in Home Prices, Manhattan Beach, Real Estate Trends Posted by admin