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You are here: Home / Manhattan Beach / Manhattan Beach Real Estate Market Update

Manhattan Beach Real Estate Market Update

November 11, 2019 by admin

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

 

Filed Under: Manhattan Beach, Manhattan Beach homes, Manhattan Beach Realtors, Market update, Real Estate

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