Real Estate and homes for sale in Manhattan Beach, Hermosa, Redondo Beach, Torrance and El Segundo

Real Estate and homes for sale in Manhattan Beach, Redondo Beach, Hermosa, Torrance and El Segundo

Congratulations to Our Clients On Their New Manhattan Beach Home

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We are proud to announce our latest sale in Manhattan Beach. This was a beautiful coastal contemporary in east Manhattan Beach. Built in 2019 this was an off market sale as the home was purchased pre-completion. Congratulations to our clients!

View other new construction homes for sale in the South Bay

Welcome to real estate in the South Bay, Beach Cities and Palos Verdes

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Welcome to everything real estate in the South Bay. We strive to be the most comprehensive real estate you’ll find. Unlike the national real estate portals, we are top realtors in the South Bay and Beach Cities and have put together information you cannot find anywhere else. Get community information, search the current homes for sale, find the value of your home and more…

There is no sign ups or enrollments needed on our site and we hope that we can show you just how knowledgable and helpful we can be with all of your real estate needs and hope to earn your business.

Visit our links at the top of the page or visit our home search by community page to view all of the current homes for sale by specific city or neighborhood.

Welcome to the many wondeful cities and neighborhoods of the South Bay, beach cities and Palos Verdes.  Click on any of the links below to learn more about the community and real estate.   See the homes for sale and get to know what makes each neighborhood unique and different.

If you want other information or would like our assistance with your search please don’t hesitate to contact Keith Kyle for all of your real estate needs.

South Bay Communities and Homes for Sale

Manhattan Beach Market Update – Current Stats and Statistics

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Whether you are considering buying a home in Manhattan Beach, selling your home or just interested in keeping up with the market, information is critical.  We have helpful information and charts to show you what the market is doing and whether it’s a buyer’s market, seller’s market or somewhere in between the two.

View the current homes for sale in Manhattan Beach

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

Take a Video Tour of 3808 The Strand – Spectacular Beachfront Home in Manhattan Beach

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Welcome to the very finest in Southern California beachfront living.  Introducing 3808 The Strand in Manhattan Beach California.   This is true oceanfront luxury in one of the worlds iconic beach locations.  This stunning home offers almost 5,000 square feet, 4 bedrooms, 7 baths, with luxury features throughout.  See details, photos and specs on the 3808 The Strand or contact listing agent Keith Kyle with Vista Sotheby’s International Realty for additional information.

3808 The Strand, Manhattan Beach, CAfrom Keith Kyle

Manhattan Beach Real Estate Market Update

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October 2019 Real Estate Recap in Manhattan Beach CA

We saw a continuation of a slowdown in Manhattan Beach during October with only 23 closed home sales during the month.  This was only slightly higher than September which saw only 22 on market home sales.  The summer months were seeing the fairly typical number of home sales in the 40’s so this was a significant drop.    This isn’t overly unusual due to the seasonality of the market but certainly worth keeping an eye on.  The good news is that the saw a sharp rise in homes that have gone into escrow so the monthly sales in November and December should see a significant increase.  Manhattan Beach is very much a luxury home market and median home prices for the month were well over two million dollars (see details below)

The median list price was $2,195,000 with a median sales price of $2,129,000 indicating a solid, but slowing market.  For much of the past 2 years the median sales prices were at or even above the median list prices.  The lowest home sale of the month was a smaller 1,000 foot 2 bedroom townhome at 463 36th Place that sold for $1,150,000 and the highest sale of the month was $6,650,000 for a massive 6,000+ sq foot 5 bedroom home in the hill section at 304 Ardmore.  Average price per square foot (which isn’t overly relevant in Manhattan Beach due to varying views, locations and lot sizes) was just over $1,062.  See the current homes for sale in Manhattan Beach.

October Home Sales in Manhattan Beach

MLS #
Type
   Address
Sold Price
$ per Foot
Bed/Bath
Sq Feet
Year
Sold Date
SB19098375
TWNHS/A
 463 36th PL  
$1,150,000
$1,131.89
2/1,0,1,0
1016/AP
1964/PUB
10/10/2019
SB19195795
SFR/D
 1517 Crest DR  
$1,699,000
$1,306.92
3/2,0,0,0
1300/O
1954/ASR
10/15/2019
SB19150131
SFR/D
 3805 Crest DR  
$1,900,000
$997.90
3/3,0,0,0
1904/A
2006/ASR
10/23/2019
SB19124231
TWNHS/D
 2904 Alma AVE  
$2,375,000
$982.62
4/2,1,1,0
2417/A
2001/ASR
10/3/2019
SB19130916
DPLX/A
 3508 Alma AVE  
$3,175,000
$995.30
5/5,0,0,0
3190/A
1974/ASR
10/28/2019
SB19163094
TPLX/D
 216 14th ST  
$4,550,000
$1,863.23
5/3,0,0,0
2442/A
1950/ASR
10/3/2019
SB19234721
TWNHS/A
 304 3rd ST  
$4,750,000
$1,792.45
4/3,0,1,0
2650/E
2017/ASR
10/31/2019
SB19140128
SFR/D
 1148 Elm AVE  
$1,350,000
$804.53
3/2,0,0,0
1678/A
1957/ASR
10/2/2019
SB19206547
SFR/D
 1821 Elm AVE  
$1,660,000
$965.12
3/1,1,0,0
1720/A
1959/ASR
10/23/2019
SB19180675
SFR/D
 2808 Oak AVE  
$1,805,000
$1,123.91
3/2,0,0,0
1606/A
2012/SEE
10/2/2019
SB19148189
SFR/D
 1411 Pacific AVE  
$2,129,000
$1,067.70
4/3,0,0,0
1994/A
1962/ASR
10/23/2019
SB19174873
SFR/D
 590 33rd ST  
$2,145,000
$1,250.00
3/2,0,0,0
1716/A
1952/ASR
10/18/2019
SB18233870
SFR/D
 608 29th ST  
$2,925,000
$982.86
4/2,1,0,0
2976/A
1990/ASR
10/7/2019
SB19212306
SFR/D
 2805 Palm AVE  
$2,970,000
$906.32
5/4,0,0,0
3277/A
2006/ASR
10/16/2019
SB19168342
SFR/D
 910 28th ST  
$4,125,000
$819.10
5/4,0,2,0
5036/D
2019/BLD
10/9/2019
SB19139844
SFR/D
 804 Duncan AVE  
$2,225,000
$1,050.02
3/3,0,1,0
2119/A
1978/PUB
10/31/2019
SB19115468
SFR/D
 861 8th ST  
$5,600,000
$990.10
5/2,4,1,0
5656/D
2019/BLD
10/3/2019
SB19160120
SFR/D
 304 N Ardmore AVE  
$6,650,000
$1,048.57
5/1,4,1,0
6342/B
2018/BLD
10/2/2019
SB19163177
TWNHS/A
 19 Malaga PL  W
$1,275,000
$879.31
2/2,0,0,0
1450/B
1984/ASR
10/4/2019
SB19117779
SFR/D
 2004 Faymont AVE  
$1,525,000
$1,013.29
3/2,0,0,0
1505/A
1950/PUB
10/4/2019
SB19237683
SFR/D
 1150 Manzanita LN  
$1,925,000
$1,082.07
3/2,0,0,0
1779/D
1950/ASR
10/2/2019
SB19123986
SFR/D
 1731 Ruhland AVE  
$1,625,000
$325.00
4/5,0,1,0
5000/E
2020/EST
10/4/2019
DW19193490
SFR/D
 1351 8th ST  
$1,750,000
$1,063.18
3/1,1,0,0
1646/A
1953/ASR
10/8/2019

 

3808 The Strand Featured in Digs Magazine

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Our newest oceanfront listing at 3808 The Strand in Manhattan Beach was recently featured in Digs Magazine as one of their “Limelights” properties in the latest edition of the real estate magazine.  Take a look at the article with interviews with builder/owner Carl Corzan, architect Nagy Bakhoum of Obelisk and listing agent Keith Kyle with Vista Sotheby’s International Realty.

Market_Limelight_KeithKyle_

Digs Page2

 
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