Real estate and homes for sale in the South Bay

Homes in the Beach Cities and South Bay

Manhattan Beach Real Estate Recap – August Home Sales

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Welcome to the real estate recap for August 2021 for the luxury coastal community of Manhattan Beach CA.  It was another incredible month for home sales in Manhattan Beach with an impressive 55 on market home sales. The average list price was $2,963,145 with the average “sold” price of $2,981,462. Homes averaged only 39 days on market before going into escrow and the average price per foot was an impressive $1,314.  The top on market sale of the month (there was an off market sale slightly higher) was for a walkstreet home at 316 20th Street that sold for $7,000,000.  Of the 55 homes that sold the breakdown was:

See how this compares with other months on our Manhattan Beach CA real estate trends and statisics page.

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August 2021 Home Sales and Property Prices in Manhattan Beach California

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
SFR/D 457 28th ST $2,050,000 $2,356.32 2/1,0,0,0 870/A 1952/OTH 8/9/2021
TWNHS/D 4220 Ocean DR #1 $2,187,500 $1,438.20 2/2,0,1,0 1521/P 1979/PUB 8/31/2021
TWNHS/A 220 43rd ST $2,200,000 $1,167.73 3/3,0,1,0 1884/A 2002/ASR 8/12/2021
SFR/D 532 Marine Avenue $2,300,000 $1,885.25 3/1,0,1,0 1220/AP 1951/APP 8/3/2021
TWNHS/A 333 21st PL $2,525,000 $1,392.72 3/3,0,1,0 1813/OTH 2006/PUB 8/31/2021
TWNHS/A 324 21st ST $2,775,000 $1,455.93 3/4,0,0,0 1906/A 1994/ASR 8/31/2021
SFR 433 27Th ST $2,850,000 $1,463.79 4/3,0,0,0 1947/ 1978 8/20/2021
SFR/D 464 35th ST $3,000,000 $975.93 4/3,0,0,0 3074/A 1988/ASR 8/27/2021
TWNHS/D 712 Highland AVE $3,160,000 $1,606.51 3/4,0,0,0 1967/A 1988/ASR 8/12/2021
TWNHS/A 319 24th ST $3,200,000 $1,684.21 3/3,0,0,0 1900/A 2005/PUB 8/6/2021
TPLX/D 3101 Highland AVE $3,340,000 $1,518.18 5/4,0,0,0 2200/A 1935/ASR 8/10/2021
TWNHS/A 218 1st PL $3,393,750 $1,686.75 3/3,0,1,0 2012/E 2018/ASR 8/18/2021
TPLX/D 2408 Highland AVE $3,700,000 $1,173.49 5/4,0,0,0 3153/A 1960/ASR 8/4/2021
SFR/D 229 30th ST $3,895,000 $2,263.22 3/1,1,0,0 1721/A 1954/ASR 8/11/2021
TWNHS/A 2305 Bayview DR $3,925,000 $1,527.24 3/1,2,1,0 2570/A 2004/ASR 8/12/2021
TWNHS 121 15Th ST $4,100,000 $2,157.89 3/3,0,1,0 1900/O 2005/ASR 8/6/2021
SFR/D 316 20th ST $7,000,000 $1,636.28 5/5,0,2,0 4278/D 2021/BLD 8/6/2021
SFR/D 461 26th ST $7,150,000 $1,662.79 6/5,0,1,0 4300/D 2021/PUB 8/18/2021
SFR/D 2801 N Valley DR $1,630,000 $1,689.12 2/1,0,0,0 965/A 1951/ASR 8/17/2021
SFR 760 Rosecrans AVE $1,645,000 $1,566.67 2/1,1,0,0 1050/OTH 1954 8/2/2021
SFR 632 36Th ST $1,700,000 $1,650.49 2/1,0,0,0 1030/ 1948 8/9/2021
SFR/D 3212 Oak AVE $1,865,000 $1,410.74 3/2,0,0,0 1322/P 1952/PUB 8/17/2021
SFR/D 3201 Laurel AVE $1,915,000 $1,574.84 3/2,0,0,0 1216/A 1951/ASR 8/13/2021
SFR/D 720 Rosecrans AVE $2,100,000 $1,011.56 4/3,0,1,0 2076/A 1955/PUB 8/9/2021
SFR 746 29Th ST $2,310,000 $1,834.79 4/2,0,0,0 1259/ 1947 8/16/2021
SFR/D 2510 Laurel Ave $2,475,000 $1,213.24 3/2,1,0,0 2040/A 1956/ASR 8/25/2021
SFR/D 2317 Elm AVE $2,548,000 $1,119.02 4/3,0,0,0 2277/A 1957/ASR 8/24/2021
SFR/D 1712 N Poinsettia AVE $3,125,000 $1,129.38 4/2,0,1,0 2767/A 1996/ASR 8/12/2021
SFR/D 717 29th ST $3,364,675 $975.83 5/4,0,0,0 3448/A 1997/APP 8/3/2021
SFR/A 2201 Oak AVE $3,450,000 $995.10 5/5,0,1,0 3467/A 2017/ASR 8/2/2021
SFR/D 3211 Poinsettia AVE $4,000,000 $727.27 5/4,0,0,0 5500/S 1981/ASR 8/5/2021
SFR/D 3000 Palm AVE $4,200,000 $1,170.57 5/5,0,0,0 3588/B 2017/ASR 8/6/2021
SFR 3412 Palm AVE $5,950,000 $1,053.10 6/6,0,0,0 5650/B 2020/BLD 8/10/2021
SFR/D 612 Anderson ST $2,300,000 $1,347.39 3/2,0,0,0 1707/E 1966/ASR 8/16/2021
SFR/D 931 Duncan AVE $2,655,000 $2,085.62 3/1,0,0,0 1273/A 1950/ASR 8/2/2021
SFR/D 504 N Poinsettia AVE $7,000,000 $1,523.06 5/3,1,1,0 4596/A 2001/ASR 8/13/2021
TWNHS 1 Tiburon CT $1,970,000 $998.99 3/3,0,0,0 1972/ 1987 8/24/2021
SFR/D 1209 N Meadows AVE $1,400,000 $1,422.76 3/1,0,0,0 984/A 1947/ASR 8/12/2021
SFR/D 1908 Wendy WAY $1,465,000 $1,053.96 3/2,0,0,0 1390/A 1950/ASR 8/2/2021
SFR/D 1228 23rd ST $1,525,000 $1,336.55 2/1,0,0,0 1141/A 1948/ASR 8/16/2021
SFR/D 1610 23rd ST $1,700,000 $992.41 3/2,0,0,0 1713/A 1952/ASR 8/20/2021
SFR/D 2200 Chestnut AVE $2,660,000 $846.06 4/3,0,0,0 3144/A 1989/ASR 8/24/2021
SFR/D 1335 19th ST $3,965,000 $791.42 6/5,0,1,0 5010/P 2010/BLD 8/13/2021
TWNHS/A 1140 Manhattan Beach BLVD #C $1,120,000 $933.33 2/3,0,0,0 1200/S 1978/ASR 8/4/2021
TWNHS/A 1821 11th ST $1,405,000 $984.58 2/1,1,0,0 1427/B 2021/BLD 8/17/2021
TWNHS/A 1827 11th ST $1,410,000 $988.09 2/1,1,0,0 1427/B 2021/BLD 8/31/2021
SFR/A 1627 Ruhland AVE $1,850,000 $1,745.28 2/2,0,0,0 1060/A 1951/PUB 8/31/2021
SFR 1822 8th ST $2,485,000 $1,215.16 3/2,0,0,0 2045/O 1953/ASR 8/24/2021
SFR/D 1301 5th ST $2,800,000 $1,055.81 4/1,1,1,0 2652/A 1964/ASR 8/11/2021
SFR/D 1657 Gates Ave $3,150,000 $750.54 4/3,2,0,0 4197/D 1948/PUB 8/17/2021
SFR/D 1622 9th ST $3,450,000 $760.75 5/5,0,1,0 4535/P 2002/PUB 8/13/2021
SFR/D 405 S Prospect AVE $3,516,500 $754.94 6/4,0,0,0 4658/B 2007/BLD 8/6/2021
SFR/D 1613 5th ST $3,550,000 $806.82 5/4,0,1,0 4400/A 1992/PUB 8/3/2021
SFR/D 1511 2nd ST $3,675,000 $789.13 4/4,0,0,0 4657/A 2016/ASR 8/13/2021
SFR/D 1541 5th ST $3,900,000 $958.00 5/4,0,1,0 4071/O 2009/SLR 8/24/2021

Manhattan Beach Real Estate Overview – February at a Glance

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Welcome to the real estate recap for the city of Manhattan Beach.  February was yet another great month for home sales in Manhattan Beach with 27 homes selling during the month.  Historically that was a bit low but higher than the 22 from a year earlier.  The median sals price was $3,211,000 and the average days on market was 53.    Take a look at the homes that sold and the house prices in February.

Search the current homes for sale in Manhattan Beach

Waiting for a Foreclosures or Short Sale “Deal”? Here’s Why You Can’t Find One

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As we are short sale specialists from the abundance of short sales we were involved in when the market went south years ago, we’re often contacted by home buyers looking for a “deal”……meaning a distressed home sale including bank owned homes (REOs) and short sales.  Here’s a chart that shows why currently that’s just about impossible.  Keep in mind that this is all combined short sales and REOs for all the listed cities in the South Bay.

Palos Verdes Estates Real Estate – At a Glance

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April 2020 was certainly a slower month for home sales in Palos Verdes Estates with only 9 homes selling during the month.  This was compared with 16 home sales the year earlier which is obviously a significant drop.  The median sales prices was an impressive $2,260,000 with the average days on market at 47.  Price per foot for the homes that sold was $722.

View all of the current homes for sale in Palos Verdes Estates

Real Estate Update for South Redondo Beach – Trends and Statistics

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Keep up with the real estate market in South Redondo Beach.  South Redondo, or homes in the 90277 zip are generally more expensive than the equivalent homes in North Redondo…..why?   The primary reason is location as South Redondo extends all the way to the beach along the Esplanade, whereas homes in North Redondo are a car ride or longer walk/bike ride from the beach.  Take a look below at the most recent real estate trends and statistics for only the 90277 zip in South Redondo Beach.

View the current homes for sale in the 90277 zip code area of South Redondo Beach CA

The chart below displays the number of rcent active homes for sale (light green) pending sales (red line) and closed home sales (dark green)

The chart below shows the average price per square feet for all types of homes in 90277

 

The chart below shows average days on market as well as the % that the homes sold compared with the asking price.

 

The chart below shows the average list price in South Redondo Beach and the average sales price.

 

The chart below shows the months of inventory for all home types in South Redondo Beach based on the recent number of closed home sales

 

 

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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