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
|
