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 320 23rd Street BD/BA 3br/4ba SQFT 1783 sqft LOT 2700 PRICE $2,999,000 $PSF $1,682 DOM 69 DOM START $ $3,195,000 START 09/20/21
Address 561 33rd Street BD/BA 5br/6ba SQFT 3782 sqft LOT 5396 PRICE $3,990,000 $PSF $1,055 DOM 45 DOM START $ $4,150,000 START 10/14/21
Address 417 34th Place BD/BA 3br/4ba SQFT 1869 sqft LOT 1801 PRICE $2,499,000 $PSF $1,337 DOM 56 DOM START $ $2,599,000 START 10/03/21
Address 300 N Dianthus Street BD/BA 6br/6ba SQFT 5500 sqft LOT 7565 PRICE $6,799,000 $PSF $1,236 DOM 53 DOM START $ $6,999,000 START 10/06/21
Address 808 The Strand BD/BA 4br/5ba SQFT 2911 sqft LOT 5070 PRICE $10,990,000 $PSF $3,775 DOM 121 DOM START $ $11,695,000 START 07/30/21
Address 2707 N Poinsettia Avenue BD/BA 5br/6ba SQFT 4400 sqft LOT 4460 PRICE $4,649,000 $PSF $1,057 DOM 115 DOM START $ $4,895,000 START 07/22/21
Address 440 31st Street BD/BA 5br/4ba SQFT 3600 sqft LOT 2694 PRICE $3,799,000 $PSF $1,055 DOM 178 DOM START $ $4,100,000 START 06/03/21
Address 219 Anderson Street BD/BA 6br/7ba SQFT 6483 sqft LOT 8141 PRICE $8,950,000 $PSF $1,381 DOM 59 DOM START $ $10,000,000 START 09/30/21
Address 757 Manhattan Beach Boulevard BD/BA 2br/3ba SQFT 1986 sqft LOT 7711 PRICE $2,199,000 $PSF $1,107 DOM 81 DOM START $ $2,249,000 START 09/08/21
Address 2404 Highland Avenue BD/BA 2br/2ba SQFT 976 sqft LOT 1740 PRICE $1,999,000 $PSF $2,048 DOM 228 DOM START $ $2,250,000 START 03/24/21
Address 224 29th Street BD/BA 5br/6ba SQFT 5219 sqft LOT 3155 PRICE $8,999,000 $PSF $1,724 DOM 194 DOM START $ $9,500,000 START 05/18/21
Address 201 15th Street BD/BA 6br/3ba SQFT 2093 sqft LOT 2701 PRICE $3,599,000 $PSF $1,720 DOM 555 DOM START $ $4,550,000 START 04/22/20
Address 200 15th Street BD/BA 7br/6ba SQFT 3084 sqft LOT 2844 PRICE $4,199,000 $PSF $1,362 DOM 555 DOM START $ $4,950,000 START 04/22/20
Address 235 No. Dianthus Street BD/BA 5br/5ba SQFT 5700 sqft LOT 6500 PRICE $7,900,000 $PSF $1,386 DOM 142 DOM START $ $9,300,000 START 06/18/21
Address 868 9th Street BD/BA 5br/6ba SQFT 5526 sqft LOT 5795 PRICE $8,999,000 $PSF $1,628 DOM 163 DOM START $ $9,868,000 START 06/18/21
Address 117 Crest Drive BD/BA 4br/5ba SQFT 2520 sqft LOT 1666 PRICE $4,399,000 $PSF $1,746 DOM 110 DOM START $ $4,495,000 START 06/17/21
Address 522 Rosecrans Avenue BD/BA 3br/2ba SQFT 1092 sqft LOT 3006 PRICE $1,599,000 $PSF $1,464 DOM 166 DOM START $ $1,699,000 START 06/15/21
Address 404 17th Street BD/BA 3br/3ba SQFT 3149 sqft LOT 2636 PRICE $4,399,000 $PSF $1,397 DOM 201 DOM START $ $4,600,000 START 05/11/21

(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 732 36th Street BD/BA 4br/4ba SQFT 2548 sqft LOT 5204 PRICE $3,149,000 $PSF $1,236 DOM 31 DOM START $ $3,149,000 START 10/28/21
Address 511 Pacific Avenue BD/BA 5br/9ba SQFT 7980 sqft LOT 9355 PRICE $7,995,000 $PSF $1,002 DOM 10 DOM START $ $7,995,000 START 11/18/21
Address 1725 Oak Avenue BD/BA 4br/5ba SQFT 3278 sqft LOT 4483 PRICE $3,399,000 $PSF $1,037 DOM 10 DOM START $ $3,399,000 START 11/18/21
Address 4104 The Strand BD/BA 3br/2ba SQFT 1948 sqft LOT 3493 PRICE $6,499,000 $PSF $3,336 DOM 27 DOM START $ $6,499,000 START 11/01/21
Address 312 Manhattan Avenue BD/BA 2br/2ba SQFT 972 sqft LOT 1669 PRICE $2,999,999 $PSF $3,086 DOM 8 DOM START $ $2,999,999 START 11/11/21
Address 1806 5th Street BD/BA 6br/4ba SQFT 3873 sqft LOT 5009 PRICE $2,899,000 $PSF $749 DOM 16 DOM START $ $2,899,000 START 11/12/21
Address 1300 12th Street E BD/BA 2br/3ba SQFT 1256 sqft LOT 11921 PRICE $1,299,999 $PSF $1,035 DOM 17 DOM START $ $1,299,999 START 11/11/21
Address 1601 18th Street BD/BA 3br/2ba SQFT 1310 sqft LOT 5007 PRICE $1,575,000 $PSF $1,202 DOM 12 DOM START $ $1,575,000 START 11/05/21
Address 2509 Alma Avenue BD/BA 3br/5ba SQFT 2427 sqft LOT 1356 PRICE $4,295,000 $PSF $1,770 DOM 130 DOM START $ $5,195,000 START 06/18/21
Address 1619 Artesia Boulevard A BD/BA 3br/3ba SQFT 1990 sqft LOT 20217 PRICE $1,375,000 $PSF $691 DOM 24 DOM START $ $1,375,000 START 11/04/21
Address 417 2nd Street BD/BA 5br/6ba SQFT 4331 sqft LOT 2691 PRICE $5,650,000 $PSF $1,305 DOM 157 DOM START $ $6,250,000 START 06/24/21
Address 464 36th Street BD/BA 3br/4ba SQFT 2142 sqft LOT 2700 PRICE $2,549,000 $PSF $1,190 DOM 9 DOM START $ $2,549,000 START 11/05/21
Address 1406 21st Street BD/BA 3br/2ba SQFT 1600 sqft LOT 7492 PRICE $2,000,000 $PSF $1,250 DOM 11 DOM START $ $2,000,000 START 11/01/21
Address 1843 5th Street BD/BA 4br/3ba SQFT 2724 sqft LOT 7379 PRICE $2,799,000 $PSF $1,028 DOM 8 DOM START $ $2,699,000 START 11/04/21
Address 1301 11th Street BD/BA 3br/1ba SQFT 1015 sqft LOT 5283 PRICE $1,699,000 $PSF $1,674 DOM 6 DOM START $ $1,699,000 START 11/05/21
Address 606 N Dianthus Street BD/BA 5br/4ba SQFT 3566 sqft LOT 6879 PRICE $4,495,000 $PSF $1,261 DOM 24 DOM START $ $4,495,000 START 11/04/21
Address 3528 N Poinsettia Avenue BD/BA 3br/2ba SQFT 1571 sqft LOT 4640 PRICE $2,499,000 $PSF $1,591 DOM 24 DOM START $ $2,499,000 START 11/04/21
Address 937 Highview Avenue BD/BA 3br/2ba SQFT 1783 sqft LOT 2495 PRICE $2,500,000 $PSF $1,402 DOM 22 DOM START $ $2,500,000 START 10/14/21
Address 2615 Palm Avenue BD/BA 4br/4ba SQFT 3188 sqft LOT 4643 PRICE $3,695,000 $PSF $1,159 DOM 40 DOM START $ $3,995,000 START 09/23/21
Address 1900 Walnut Avenue BD/BA 5br/4ba SQFT 3150 sqft LOT 4474 PRICE $3,300,000 $PSF $1,048 DOM 6 DOM START $ $3,300,000 START 10/29/21
Address 221 33rd Street BD/BA 3br/3ba SQFT 1723 sqft LOT 1347 PRICE $2,775,000 $PSF $1,611 DOM 34 DOM START $ $2,775,000 START 10/25/21
Address 693 19th Street BD/BA 5br/4ba SQFT 3312 sqft LOT 6043 PRICE $2,999,999 $PSF $906 DOM 45 DOM START $ $2,999,999 START 10/07/21
Address 3211 N Valley Drive BD/BA 3br/2ba SQFT 1461 sqft LOT 2446 PRICE $1,950,000 $PSF $1,335 DOM 38 DOM START $ $1,950,000 START 10/21/21
Address 1143 23rd Street BD/BA 3br/2ba SQFT 1764 sqft LOT 5208 PRICE $1,350,000 $PSF $765 DOM 7 DOM START $ $1,350,000 START 10/20/21
Address 2917 Vista Drive BD/BA 3br/4ba SQFT 2140 sqft LOT 3499 PRICE $2,599,000 $PSF $1,214 DOM 17 DOM START $ $2,650,000 START 10/06/21
Address 559 31st Street BD/BA 6br/8ba SQFT 4942 sqft LOT 5025 PRICE $6,195,000 $PSF $1,254 DOM 2 DOM START $ $6,195,000 START 10/21/21
Address 3420 Alma Avenue BD/BA 3br/3ba SQFT 1761 sqft LOT 1667 PRICE $2,049,000 $PSF $1,164 DOM 6 DOM START $ $2,049,000 START 10/16/21
Address 28 Sausalito Circle BD/BA 2br/2ba SQFT 1450 sqft LOT 3162 PRICE $1,450,000 $PSF $1,000 DOM 47 DOM START $ $1,450,000 START 10/12/21
Address 3212 Alma Avenue BD/BA 3br/4ba SQFT 2187 sqft LOT 3499 PRICE $3,250,000 $PSF $1,486 DOM 10 DOM START $ $3,250,000 START 10/08/21
Address 1221 11th Street BD/BA 6br/6ba SQFT 5636 sqft LOT 9450 PRICE $5,675,000 $PSF $1,007 DOM 7 DOM START $ $5,675,000 START 10/08/21
Address 1127 5th Street BD/BA 4br/3ba SQFT 3062 sqft LOT 7501 PRICE $2,699,000 $PSF $881 DOM 13 DOM START $ $2,699,000 START 10/04/21
Address 1561 Nelson Avenue BD/BA 5br/4ba SQFT 4109 sqft LOT 7384 PRICE $3,799,000 $PSF $925 DOM 8 DOM START $ $3,799,000 START 10/07/21
Address 504 John Street BD/BA 5br/5ba SQFT 4783 sqft LOT 7003 PRICE $8,699,000 $PSF $1,819 DOM 127 DOM START $ $9,499,000 START 06/04/21
Address 4 Bermuda Court BD/BA 2br/2ba SQFT 1465 sqft LOT 1076 PRICE $1,299,000 $PSF $887 DOM 59 DOM START $ $1,299,000 START 09/30/21
Address 405 26th Street BD/BA 4br/5ba SQFT 2895 sqft LOT 3465 PRICE $4,750,000 $PSF $1,641 DOM 74 DOM START $ $4,750,000 START 09/15/21
Address 2211 Vista Drive BD/BA 3br/4ba SQFT 2250 sqft LOT 3509 PRICE $2,699,000 $PSF $1,200 DOM 7 DOM START $ $2,699,000 START 09/17/21
Address 592 30th Street BD/BA 5br/7ba SQFT 4648 sqft LOT 4804 PRICE $4,699,000 $PSF $1,011 DOM 444 DOM START $ $4,699,000 START 06/05/20
Address 1603 6th Street BD/BA 6br/5ba SQFT 5656 sqft LOT 8635 PRICE $3,999,999 $PSF $707 DOM 82 DOM START $ $3,999,999 START 09/07/21
Address 651 15th Street BD/BA 3br/2ba SQFT 1696 sqft LOT 4967 PRICE $2,599,000 $PSF $1,532 DOM 181 DOM START $ $2,849,000 START 05/05/21
Address 870 Rosecrans Avenue BD/BA 3br/3ba SQFT 1894 sqft LOT 5971 PRICE $1,888,000 $PSF $997 DOM 12 DOM START $ $1,888,000 START 08/27/21
Address 620 12th BD/BA 5br/5ba SQFT 4537 sqft LOT 2998 PRICE $6,000,000 $PSF $1,322 DOM 99 DOM START $ $6,000,000 START 08/21/21
Address 3521 Palm Avenue BD/BA 4br/3ba SQFT 2775 sqft LOT 4636 PRICE $2,799,000 $PSF $1,009 DOM 7 DOM START $ $2,799,000 START 08/04/21
Address 3612 Alma Avenue BD/BA 4br/4ba SQFT 2510 sqft LOT 3503 PRICE $2,750,000 $PSF $1,096 DOM 10 DOM START $ $2,750,000 START 07/23/21
Address 636 23rd Street BD/BA 4br/3ba SQFT 2473 sqft LOT 4383 PRICE $2,755,000 $PSF $1,114 DOM 164 DOM START $ $2,755,000 START 06/17/21
Address 577 36th Street BD/BA 5br/5ba SQFT 4000 sqft LOT 5334 PRICE $4,249,000 $PSF $1,062 DOM 0 DOM START $ $4,249,000 START 11/30/-1
Address 1825 Pacific Avenue BD/BA 3br/2ba SQFT 1200 sqft LOT 4778 PRICE $2,100,000 $PSF $1,750 DOM 14 DOM START $ $2,350,000 START 07/01/21
Address 616 12th Street BD/BA 5br/5ba SQFT 4300 sqft LOT 2998 PRICE $6,500,000 $PSF $1,512 DOM 172 DOM START $ $6,500,000 START 06/09/21
Address 614 The Strand BD/BA 4br/3ba SQFT 2128 sqft LOT 3406 PRICE $13,000,000 $PSF $6,109 DOM 76 DOM START $ $13,000,000 START 03/04/19

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