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

Market Snapshot for Manhattan Beach Real Estate

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While you’re stuck at home why not sit back and get an understanding of what’s happening in our local real estate market.
April 2020 saw a big drop in the number of home sale with 20 closed escrows compared wtih 44 a year earlier.  Average days on market was only 41 and the median sales price was a whopping $3,540,000.  View the Manhattan Beach homes that sold in April 2020.

View the historical Manhattan Beach real estate statistics and trends as well as the current homes for sale in Manhattan Beach California.

Just a Bit Over List Price – Hill Section Home Sales for Almost $600,000 Over List Price

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The recent sale at 822 6th Street shows that when somethng is priced well, it’s most definitely not a slow market. This was a unique mid-century modern home in the hill section of Manhattan Beach with a great lot and nice ocean views and it was listed for $2,999,000 and sold for $3,575,000. The home itself was going to be a challenge for many buyers but that didn’t slow the process down. From our understanding there were at least 7 offers, many all cash, and it sold for almost $600,000 over the initial list price. Granted the value was closer to a $3.2-$3.3 list price, this was still a huge price. It’s our understanding that it was purchased by a neighbor which helps explain the “buy it at any cost” sales price.

View th current homes for sale in the Hill Section of Manhattan Beach

822 6th Street Manhattan Beach

Sotheby’s International Real Estate Offers Unparalled Exposure – 2019 Stats

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The numbers are in and Sotheby’s International Realty continued to grow and offer their clients an unparalled level of exposure for their

homes.While Sotheby’s was already one of the most trusted and reputable brands in real estate, the company continues to increase what they have to offer.

Some of the very impressive 2019 stats include $114 billion dollars in overall sales, 1,000 offices in  70 contries, 34 million visits to sir.com (Sotheby’s International Realty website) which was 14% higher than 2018, and 41 of the top 250 agents in the country.

For our clients looking for a global reach and international exposure for their home Sotheby’s has offices in 70 coountries and 1 of every 3 offices is outside of the United States.

Contact top South Bay realtor Keith Kyle to see how he can put the power of Sotheby’s to use for you.

 

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

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

 

 
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