Considering that there were 6 total on market oceanfront property sales in all of 2020, the past 45 days has been nothing short of amazing on the Manhattan Beach Strand. The Strand is the oceanfront stretch of homes extending from the beginning of Hermosa Beach to the end of north Manhattan Beach (which was somewhat rebranded from El Porto which it had always been called) Since the beginning of September there have been 6 closed escrows on this iconic beachfront location. The average “list” price for the homes that sold was $10,832,167 with the average “sold” price at $10,562,500….although many of the “list” prices had been dropped from their initial price when first on the market.
There are still several oceanfront homes for sale on both the Manhattan Beach Strand as well as the Hermosa Beach Strand
Beachfront Homes that Have Sold Since September – Oct 18 on the Strand in Manhattan Beach