Almost 1/3rd of Inventory is Asking $8M+

As the Spring market takes shape here in bustling 2025, one thing really stands out.

It's not just the sales over asking.

It's the asking prices.

At this moment (Friday morning), with 63 total listings in the market, 18 are priced at $8.000M or higher, making up 29% of the total inventory.

(Shown above is 100 N. Dianthus, asking $25M, listed by Christa Lyons, Radius Agent Realty.)

And there are more listings we're hearing about being floated in the $8M+ range, which just aren't on the market yet.

Meantime, just 10 of the 62 sales (16%) to close so far in the year 2025 were at $8M or more. (Seems like more, doesn't it? Well, there are 3 more pending at that price point.)

Often, when we're discussing numbers like this, we'll accompany our thoughts with a deep dive and graphs and charts.

We haven't sorted the market by price tiers – for a post – in a while, however, meaning it will take some time to generate those kinds of charts. So, put a pin in that, we'll come back to it.

Meantime, a while back, 5-6 years ago here at MBC, we did talk about higher-priced inventory as a share of the market. For instance, in May 2019, we noted that 36% of inventory was priced at $4M or above. That seemed like proportionately a lot of pricey homes, at the time.

Today, we're looking at 29% above $8M – slightly fewer, at a much higher price point.

Gosh, if we want to use that 2019 measure, it's 59% of inventory today at $4M+, and there's another at $3.999M we didn't even count. That's huge growth.

For the moment, take your own deep dive into today's listings asking $8M or more (below).

This list is sorted by highest price first. We are aware of a formatting issue on desktop/laptop displays, and will try to address.

1000 The Strand Manhattan Beach

• 10 BR
• 9 BA
• 5,967 SqFt.
• 4,979 Lot

• $30,000,000
• Active
• DOM: 490

108 The Strand Manhattan Beach

• 5 BR
• 8 BA
• 6,910 SqFt.
• 3,333 Lot

• $27,995,000
• Active
• DOM: 60

100 N Dianthus Street Manhattan Beach

• 6 BR
• 10 BA
• 9,479 SqFt.
• 9,372 Lot

• $25,000,000
• Active
• DOM: 36

2420 The Strand Manhattan Beach

• 6 BR
• 7 BA
• 4,994 SqFt.
• 3,520 Lot

• $22,500,000
• Active
• DOM: 26

934 1st Street Manhattan Beach

• 6 BR
• 9 BA
• 6,874 SqFt.
• 10,160 Lot

• $16,850,000
• Active
• DOM: 317

708 The Strand Manhattan Beach

• 4 BR
• 5 BA
• 4,526 SqFt.
• 3,531 Lot

• $16,595,000
• Active
• DOM: 148

OPEN HOUSE

533 15th St Manhattan Beach

• 6 BR
• 7 BA
• 5,300 SqFt.
• 7,702 Lot

• $12,999,000
• Active
• DOM: 36

120 2nd Street Manhattan Beach

• 5 BR
• 7 BA
• 5,401 SqFt.
• 2,708 Lot

• $12,995,000
• Active
• DOM: 30

4320 The Strand Manhattan Beach

• 3 BR
• 6 BA
• 3,592 SqFt.
• 1,558 Lot

• $12,500,000
• Active
• DOM: 70

OPEN HOUSE

212 John Street Manhattan Beach

• 6 BR
• 8 BA
• 6,754 SqFt.
• 9,985 Lot

• $12,000,000
• Active
• DOM: 36

416 2nd Street Manhattan Beach

• 5 BR
• 6 BA
• 5,268 SqFt.
• 2,696 Lot

• $9,995,000
• Active
• DOM: 51

RECENT PRICE CUT

4308 The Strand Manhattan Beach

• 5 BR
• 5 BA
• 4,354 SqFt.
• 3,494 Lot

• $9,825,000
• Active
• DOM: 65

RECENT PRICE CUT

2522 The Strand Manhattan Beach

• 3 BR
• 4 BA
• 2,740 SqFt.
• N/A Lot

• $9,500,000
• Active
• DOM: 55

OPEN HOUSE

711 N Dianthus Street Manhattan Beach

• 6 BR
• 8 BA
• 6,175 SqFt.
• 6,500 Lot

• $9,295,000
• Active
• DOM: 2

113 19th St Manhattan Beach

• 3 BR
• 4 BA
• 2,251 SqFt.
• 1,322 Lot

• $8,950,000
• Active
• DOM: 50

OPEN HOUSE

316 28th Street Manhattan Beach

• 4 BR
• 5 BA
• 3,450 SqFt.
• 2,220 Lot

• $8,495,000
• Active
• DOM: 22

308 17th Street Manhattan Beach

• 5 BR
• 5 BA
• 4,395 SqFt.
• 2,691 Lot

• $8,000,000
• Active
• DOM: 71