Fall is Price-Cutting Season

By Dave Fratello | October 25th, 2019

It's getting to be that time of year again.

As we reach the end of October and roll into November, the market will cool, just like (presumably, some day) the weather.

428 32nd Street Manhattan Beach CAIf you are still on the market meaning to sell, you'll feel right away that the best options are to (1) make price cuts and (2) try to work out the best deal possible when you've got a buyer on the line.

In the past 7 days in Manhattan Beach, we have seen:

6 new listings

15 price cuts

3 listings quit the market

One of those to quit was featured here only last week. 329 4th had just made a big cut to $200K under acquisition (June 2019 acquisition) and seemed to be putting out a call for all offers ASAP. (See "Big Cuts Might Draw Offers.") Instead, they're off the MLS now.

Below are the Manhattan Beach listings with the most recent cuts, updated automatically (email subscribers will need to view this post online to see the list):

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 3601 Laurel Avenue BD/BA 3br/2ba SQFT 1530 sqft LOT 5412 PRICE $2,099,000 $PSF $1,372 DOM 21 DOM START $ $2,295,000 START 07/15/20
Address 717 31st Street BD/BA 5br/4ba SQFT 3513 sqft LOT 5016 PRICE $3,995,000 $PSF $1,137 DOM 27 DOM START $ $4,225,000 START 07/08/20
Address 316 34th Street BD/BA 4br/4ba SQFT 2039 sqft LOT 1352 PRICE $2,899,999 $PSF $1,422 DOM 61 DOM START $ $2,949,000 START 06/04/20
Address 448 23rd Place BD/BA 3br/4ba SQFT 1837 sqft LOT 2715 PRICE $2,089,000 $PSF $1,137 DOM 95 DOM START $ $2,199,000 START 05/01/20
Address 633 11th Street BD/BA 5br/7ba SQFT 5200 sqft LOT 5664 PRICE $6,950,000 $PSF $1,337 DOM 2 DOM START $ $7,450,000 START 08/01/20
Address 531 13th Street BD/BA 4br/2ba SQFT 1925 sqft LOT 2102 PRICE $2,699,000 $PSF $1,402 DOM 47 DOM START $ $3,000,000 START 06/18/20
Address 1726 Mathews Avenue BD/BA 4br/4ba SQFT 3322 sqft LOT 7504 PRICE $2,099,000 $PSF $632 DOM 159 DOM START $ $2,499,000 START 02/27/20
Address 1505 3rd Street BD/BA 5br/5ba SQFT 4447 sqft LOT 7210 PRICE $3,299,000 $PSF $742 DOM 32 DOM START $ $3,349,000 START 07/03/20
Address 221 36th Street BD/BA 3br/4ba SQFT 1948 sqft LOT 1353 PRICE $2,899,000 $PSF $1,488 DOM 25 DOM START $ $2,999,000 START 07/10/20
Address 440 6th Street BD/BA 6br/6ba SQFT 4144 sqft LOT 2700 PRICE $5,695,000 $PSF $1,374 DOM 163 DOM START $ $5,995,000 START 01/07/20
Address 500 Rosecrans Avenue BD/BA 2br/1ba SQFT 892 sqft LOT 2951 PRICE $1,450,000 $PSF $1,626 DOM 152 DOM START $ $1,495,000 START 03/05/20
Address 520 24th Street BD/BA 3br/2ba SQFT 1556 sqft LOT 2702 PRICE $2,199,000 $PSF $1,413 DOM 40 DOM START $ $2,249,000 START 06/25/20
Address 601 Larsson Street BD/BA 4br/4ba SQFT 3712 sqft LOT 5504 PRICE $3,295,000 $PSF $888 DOM 20 DOM START $ $3,499,000 START 07/15/20
Address 200 Shell Street BD/BA 3br/3ba SQFT 1920 sqft LOT 1353 PRICE $2,250,000 $PSF $1,172 DOM 19 DOM START $ $2,350,000 START 07/16/20
Address 224 Shell Street BD/BA 4br/3ba SQFT 1736 sqft LOT 1351 PRICE $2,545,000 $PSF $1,466 DOM 107 DOM START $ $2,595,000 START 04/06/20
Address 201 15th Street BD/BA 6br/3ba SQFT 2093 sqft LOT 2701 PRICE $4,299,000 $PSF $2,054 DOM 104 DOM START $ $4,550,000 START 04/22/20
Address 200 15th Street BD/BA 7br/6ba SQFT 3084 sqft LOT 2844 PRICE $4,699,000 $PSF $1,524 DOM 104 DOM START $ $4,950,000 START 04/22/20
Address 2516 Pacific Avenue BD/BA 4br/3ba SQFT 3296 sqft LOT 4487 PRICE $2,499,999 $PSF $758 DOM 38 DOM START $ $2,599,999 START 06/27/20

(The listing photo featured at the top is for 428 32nd, recently down $180K to $3.999M.)

You can see every active listing with a price cut (newest first) on this page: Newest Price Cuts

Now, there are buyers out there.

Here's a list (automatically updated) of 15 of the latest new escrows:

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 600 8th Street BD/BA 3br/3ba SQFT 2377 sqft LOT 7624 PRICE $3,300,000 $PSF $1,388 DOM 7 DOM START $ $3,300,000 START 07/29/20
Address 2722 The Strand BD/BA 8br/9ba SQFT 6025 sqft LOT 6927 PRICE $22,750,000 $PSF $3,776 DOM 212 DOM START $ $22,750,000 START 12/02/19
Address 916 9th Street BD/BA 5br/6ba SQFT 4712 sqft LOT 7242 PRICE $4,599,000 $PSF $976 DOM 131 DOM START $ $4,699,000 START 03/26/20
Address 1944 N Ardmore Avenue BD/BA 3br/2ba SQFT 2200 sqft LOT 4039 PRICE $2,299,000 $PSF $1,045 DOM 55 DOM START $ $2,595,000 START 06/10/20
Address 2205 Vista BD/BA 4br/4ba SQFT 2600 sqft LOT 3500 PRICE $2,999,000 $PSF $1,153 DOM 84 DOM START $ $3,349,000 START 05/11/20
Address 648 30th Street BD/BA 5br/6ba SQFT 4750 sqft LOT 4804 PRICE $4,999,000 $PSF $1,052 DOM 62 DOM START $ $4,999,000 START 05/19/20
Address 1135 21st Street BD/BA 3br/3ba SQFT 1568 sqft LOT 5440 PRICE $1,839,000 $PSF $1,173 DOM 55 DOM START $ $1,890,000 START 06/08/20
Address 229 Aviation Pl BD/BA 3br/3ba SQFT 1758 sqft LOT 59679 PRICE $1,088,000 $PSF $619 DOM 13 DOM START $ $1,088,000 START 07/16/20
Address 1026 N Herrin Street BD/BA 3br/2ba SQFT 1200 sqft LOT 4261 PRICE $1,599,000 $PSF $1,333 DOM 30 DOM START $ $1,599,000 START 05/28/20
Address 872 9th Street BD/BA 5br/5ba SQFT 4056 sqft LOT 5813 PRICE $3,895,000 $PSF $960 DOM 26 DOM START $ $3,895,000 START 07/09/20
Address 2517 Elm Avenue BD/BA 4br/5ba SQFT 3200 sqft LOT 4484 PRICE $3,349,999 $PSF $1,047 DOM 54 DOM START $ $3,379,999 START 06/11/20
Address 705 Crest Drive BD/BA 5br/5ba SQFT 2407 sqft LOT 1771 PRICE $3,999,000 $PSF $1,661 DOM 70 DOM START $ $4,295,000 START 05/26/20
Address 304 26th Street BD/BA 3br/5ba SQFT 3419 sqft LOT 3519 PRICE $3,998,887 $PSF $1,170 DOM 54 DOM START $ $3,998,888 START 06/11/20
Address 1247 6th Street BD/BA 5br/5ba SQFT 4482 sqft LOT 7502 PRICE $3,645,000 $PSF $813 DOM 152 DOM START $ $3,750,000 START 02/11/20
Address 309 20th BD/BA 5br/5ba SQFT 4200 sqft LOT 2701 PRICE $6,599,000 $PSF $1,571 DOM 69 DOM START $ $6,599,000 START 05/28/20
Address 2004 Manzanita Lane BD/BA 5br/4ba SQFT 3062 sqft LOT 5398 PRICE $2,650,000 $PSF $865 DOM 64 DOM START $ $2,650,000 START 06/01/20
Address 872 27th Street BD/BA 4br/4ba SQFT 3438 sqft LOT 5198 PRICE $3,100,000 $PSF $902 DOM 21 DOM START $ $3,100,000 START 07/14/20
Address 445 32nd Street BD/BA 4br/5ba SQFT 4240 sqft LOT 2698 PRICE $4,795,000 $PSF $1,131 DOM 11 DOM START $ $4,795,000 START 06/08/20
Address 1537 19th Street BD/BA 3br/2ba SQFT 1920 sqft LOT 7201 PRICE $1,898,000 $PSF $989 DOM 11 DOM START $ $1,898,000 START 07/10/20
Address 600 Anderson Street BD/BA 3br/3ba SQFT 2025 sqft LOT 7151 PRICE $3,579,000 $PSF $1,767 DOM 218 DOM START $ $3,649,000 START 10/22/19
Address 1407 21st Street BD/BA 3br/2ba SQFT 1219 sqft LOT 7499 PRICE $1,950,000 $PSF $1,600 DOM 25 DOM START $ $1,950,000 START 06/26/20
Address 813 Crest Drive BD/BA 3br/4ba SQFT 2151 sqft LOT 3340 PRICE $2,495,000 $PSF $1,160 DOM 166 DOM START $ $2,575,000 START 02/20/20
Address 933 27th Street BD/BA 3br/2ba SQFT 1642 sqft LOT 3936 PRICE $1,749,000 $PSF $1,065 DOM 60 DOM START $ $1,899,000 START 06/05/20
Address 2833 N Valley Drive BD/BA 2br/2ba SQFT 1135 sqft LOT 5003 PRICE $1,699,000 $PSF $1,497 DOM 27 DOM START $ $1,699,000 START 07/08/20
Address 1636 Gates Avenue BD/BA 5br/4ba SQFT 4016 sqft LOT 7499 PRICE $2,499,900 $PSF $622 DOM 4 DOM START $ $2,499,900 START 07/16/20
Address 436 27th Street BD/BA 4br/5ba SQFT 3473 sqft LOT 2402 PRICE $4,150,000 $PSF $1,195 DOM 85 DOM START $ $4,300,000 START 05/11/20
Address 943 Duncan Avenue BD/BA 4br/5ba SQFT 4882 sqft LOT 6993 PRICE $2,999,000 $PSF $614 DOM 26 DOM START $ $3,250,000 START 05/30/20
Address 3305 Pine Avenue BD/BA 4br/5ba SQFT 3398 sqft LOT 4641 PRICE $3,500,000 $PSF $1,030 DOM 160 DOM START $ $6,750,000 START 02/26/20
Address 3301 Pine Avenue BD/BA 5br/7ba SQFT 5723 sqft LOT 9283 PRICE $6,250,000 $PSF $1,092 DOM 146 DOM START $ $6,500,000 START 03/11/20
Address 1826 8th Street BD/BA 3br/2ba SQFT 1879 sqft LOT 7504 PRICE $1,829,000 $PSF $973 DOM 20 DOM START $ $1,829,000 START 07/15/20
Address 729 27th Street BD/BA 3br/3ba SQFT 1826 sqft LOT 6601 PRICE $2,595,000 $PSF $1,421 DOM 13 DOM START $ $2,595,000 START 07/02/20
Address 4109 Crest Drive BD/BA 3br/4ba SQFT 2040 sqft LOT 1350 PRICE $2,449,000 $PSF $1,200 DOM 26 DOM START $ $2,449,000 START 07/09/20
Address 2701 Maple Avenue BD/BA 4br/4ba SQFT 3986 sqft LOT 4604 PRICE $2,799,000 $PSF $702 DOM 30 DOM START $ $2,899,000 START 06/16/20
Address 926 Duncan Place BD/BA 4br/3ba SQFT 3174 sqft LOT 4204 PRICE $2,498,900 $PSF $787 DOM 5 DOM START $ $2,498,900 START 07/10/20
Address 4216 Highland Avenue A BD/BA 2br/3ba SQFT 1429 sqft LOT 10789 PRICE $1,375,000 $PSF $962 DOM 27 DOM START $ $1,375,000 START 07/08/20
Address 28 Westport BD/BA 4br/3ba SQFT 2778 sqft LOT 5383 PRICE $2,498,000 $PSF $899 DOM 80 DOM START $ $2,498,000 START 05/16/20
Address 1012 Rosecrans Avenue BD/BA 3br/1ba SQFT 1319 sqft LOT 4879 PRICE $1,499,999 $PSF $1,137 DOM 92 DOM START $ $1,499,999 START 05/03/20
Address 1711 11th Street BD/BA 4br/3ba SQFT 2736 sqft LOT 6507 PRICE $2,200,000 $PSF $804 DOM 33 DOM START $ $2,200,000 START 07/02/20
Address 1705 Highland Avenue BD/BA 2br/2ba SQFT 1308 sqft LOT 1395 PRICE $1,950,000 $PSF $1,491 DOM 9 DOM START $ $1,950,000 START 07/04/20
Address 555 36th Street BD/BA 4br/3ba SQFT 2909 sqft LOT 5106 PRICE $2,595,000 $PSF $892 DOM 25 DOM START $ $2,595,000 START 07/10/20
Address 11 Tiburon Court BD/BA 3br/3ba SQFT 1876 sqft LOT 1911 PRICE $1,699,000 $PSF $906 DOM 49 DOM START $ $1,699,000 START 06/16/20
Address 1631 19th Street BD/BA 5br/4ba SQFT 3563 sqft LOT 4983 PRICE $2,999,000 $PSF $842 DOM 31 DOM START $ $2,999,000 START 04/30/20
Address 1416 9th Street BD/BA 6br/5ba SQFT 4049 sqft LOT 7508 PRICE $2,850,000 $PSF $704 DOM 131 DOM START $ $2,995,000 START 02/25/20
Address 1346 1st Street BD/BA 4br/3ba SQFT 3336 sqft LOT 5099 PRICE $2,495,000 $PSF $748 DOM 3 DOM START $ $2,495,000 START 07/06/20
Address 811 1st Street BD/BA 3br/2ba SQFT 1596 sqft LOT 5126 PRICE $2,699,000 $PSF $1,691 DOM 487 DOM START $ $3,250,000 START 04/05/19
Address 120 23rd Place BD/BA 2br/3ba SQFT 1504 sqft LOT 1352 PRICE $2,195,000 $PSF $1,459 DOM 2 DOM START $ $2,195,000 START 07/06/20
Address 815 1st Street BD/BA 4br/4ba SQFT 3226 sqft LOT 8604 PRICE $3,895,000 $PSF $1,207 DOM 46 DOM START $ $3,895,000 START 05/21/20
Address 1619 9th Street BD/BA 5br/6ba SQFT 4948 sqft LOT 7507 PRICE $4,249,000 $PSF $859 DOM 53 DOM START $ $4,249,000 START 06/12/20

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