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):

This Coastal Cottage Style Tree Section Home Wa...

RECENT PRICE CUT

3112 N Poinsettia Avenue

Manhattan Beach, CA

  • 4 BR
  • 3 BA
  • 1,752 SqFt.
  • 4,638 Lot

$2,295,000

Active

DOM: 168

Price:
$2,295,000
BR/BA:
4br / 3ba
Sq. ft.:
1,752
Area:
Tree Section
City:
Manhattan Beach
DOM:
168

Prime South Facing Walkstreet Location In The S...

RECENT PRICE CUT

225 25th Street

Manhattan Beach, CA

  • 5 BR
  • 4 BA
  • 2,563 SqFt.
  • 2,708 Lot

$4,399,000

Active

DOM: 92

Price:
$4,399,000
BR/BA:
5br / 4ba
Sq. ft.:
2,563
Area:
Sand Section
City:
Manhattan Beach
DOM:
92

Live The Ultimate Manhattan Beach Lifestyle On ...

RECENT PRICE CUT

128 18th Street

Manhattan Beach, CA

  • 5 BR
  • 6 BA
  • 3,991 SqFt.
  • 2,697 Lot

$6,750,000

Active

DOM: 131

Price:
$6,750,000
BR/BA:
5br / 6ba
Sq. ft.:
3,991
Area:
Sand Section
City:
Manhattan Beach
DOM:
131
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 1776 Voorhees Avenue BD/BA 3br/2ba SQFT 1622 sqft LOT 4855 PRICE $1,495,000 $PSF $922 DOM 127 DOM START $ $1,650,000 START 07/17/19
Address 127 16th Street BD/BA 5br/3ba SQFT 2157 sqft LOT 2700 PRICE $5,999,000 $PSF $2,781 DOM 119 DOM START $ $7,200,000 START 07/25/19
Address 4108 Highland Avenue BD/BA 3br/4ba SQFT 3682 sqft LOT 2242 PRICE $2,600,000 $PSF $706 DOM 48 DOM START $ $2,900,000 START 10/03/19
Address 3112 N Poinsettia Avenue BD/BA 4br/3ba SQFT 1752 sqft LOT 4638 PRICE $2,295,000 $PSF $1,310 DOM 168 DOM START $ $2,650,000 START 06/05/19
Address 2304 The Strand BD/BA 3br/3ba SQFT 2360 sqft LOT 3497 PRICE $7,950,000 $PSF $3,369 DOM 281 DOM START $ $9,950,000 START 01/18/19
Address 225 25th Street BD/BA 5br/4ba SQFT 2563 sqft LOT 2708 PRICE $4,399,000 $PSF $1,716 DOM 92 DOM START $ $4,900,000 START 08/20/19
Address 1437 23rd Street BD/BA 3br/4ba SQFT 2300 sqft LOT 7019 PRICE $2,598,000 $PSF $1,130 DOM 70 DOM START $ $2,850,000 START 09/11/19
Address 222 1st Place BD/BA 3br/4ba SQFT 2008 sqft LOT 2703 PRICE $3,125,000 $PSF $1,556 DOM 63 DOM START $ $3,399,000 START 09/18/19
Address 3400 The Strand BD/BA 5br/6ba SQFT 5478 sqft LOT 3502 PRICE $15,900,000 $PSF $2,903 DOM 101 DOM START $ $16,750,000 START 08/12/19
Address 3519 Manhattan Avenue BD/BA 7br/7ba SQFT 4200 sqft LOT 2702 PRICE $5,195,000 $PSF $1,237 DOM 90 DOM START $ $5,500,000 START 08/22/19
Address 515 23rd Street BD/BA 3br/3ba SQFT 2556 sqft LOT 2722 PRICE $3,199,000 $PSF $1,252 DOM 42 DOM START $ $3,299,000 START 10/09/19
Address 216 39th Street BD/BA 2br/2ba SQFT 1528 sqft LOT 1348 PRICE $1,575,000 $PSF $1,031 DOM 68 DOM START $ $1,699,000 START 09/13/19
Address 204 Anderson Street BD/BA 3br/3ba SQFT 1800 sqft LOT 3253 PRICE $2,495,000 $PSF $1,386 DOM 22 DOM START $ $2,550,000 START 10/29/19
Address 206 N Dianthus Street BD/BA 3br/4ba SQFT 4404 sqft LOT 6878 PRICE $3,288,000 $PSF $747 DOM 133 DOM START $ $3,788,000 START 07/10/19
Address 121 35th Street BD/BA 4br/4ba SQFT 3546 sqft LOT 2697 PRICE $4,795,000 $PSF $1,352 DOM 55 DOM START $ $4,995,000 START 09/25/19
Address 1305 Church Street BD/BA 4br/5ba SQFT 3095 sqft LOT 3173 PRICE $2,898,999 $PSF $937 DOM 34 DOM START $ $2,899,000 START 10/17/19
Address 328 19th Street BD/BA 5br/5ba SQFT 4107 sqft LOT 2698 PRICE $5,395,000 $PSF $1,314 DOM 97 DOM START $ $5,795,000 START 07/29/19
Address 128 18th Street BD/BA 5br/6ba SQFT 3991 sqft LOT 2697 PRICE $6,750,000 $PSF $1,691 DOM 131 DOM START $ $7,395,000 START 07/12/19

(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 1751 8th Street BD/BA 6br/6ba SQFT 5826 sqft LOT 7500 PRICE $4,895,000 $PSF $840 DOM 90 DOM START $ $5,400,000 START 08/22/19
Address 229 19th Street BD/BA 5br/4ba SQFT 4538 sqft LOT 2701 PRICE $5,250,000 $PSF $1,157 DOM 236 DOM START $ $5,875,000 START 03/29/19
Address 1221 Shelley Street BD/BA 3br/2ba SQFT 1296 sqft LOT 5718 PRICE $1,549,000 $PSF $1,195 DOM 41 DOM START $ $1,599,000 START 09/22/19
Address 1404 5th Street BD/BA 5br/4ba SQFT 4162 sqft LOT 7507 PRICE $2,800,000 $PSF $673 DOM 14 DOM START $ $2,800,000 START 11/06/19
Address 1556 23rd Street BD/BA 3br/2ba SQFT 2063 sqft LOT 7192 PRICE $1,700,000 $PSF $824 DOM 17 DOM START $ $1,700,000 START 10/29/19
Address 1408 Wendy Way BD/BA 3br/2ba SQFT 1613 sqft LOT 5453 PRICE $1,399,900 $PSF $868 DOM 8 DOM START $ $1,399,900 START 10/07/19
Address 206 Moonstone Street BD/BA 4br/4ba SQFT 1666 sqft LOT 1359 PRICE $2,399,000 $PSF $1,440 DOM 147 DOM START $ $2,399,000 START 06/26/19
Address 433 Marine Avenue B BD/BA 3br/4ba SQFT 1814 sqft LOT 2702 PRICE $2,000,000 $PSF $1,103 DOM 67 DOM START $ $2,099,000 START 09/04/19
Address 465 33rd Street BD/BA 3br/2ba SQFT 1396 sqft LOT 4045 PRICE $2,700,000 $PSF $1,934 DOM 22 DOM START $ $2,700,000 START 10/17/19
Address 534 Marine Avenue BD/BA 3br/2ba SQFT 1398 sqft LOT 3508 PRICE $1,899,000 $PSF $1,358 DOM 10 DOM START $ $1,899,000 START 10/24/19
Address 2306 John Street BD/BA 5br/4ba SQFT 3585 sqft LOT 5061 PRICE $3,199,000 $PSF $892 DOM 1 DOM START $ $3,199,000 START 10/15/19
Address 1659 6th Street BD/BA 6br/6ba SQFT 5255 sqft LOT 7457 PRICE $2,990,000 $PSF $569 DOM 108 DOM START $ $2,700,000 START 05/10/19
Address 653 27th Street BD/BA 5br/6ba SQFT 4767 sqft LOT 4801 PRICE $4,999,995 $PSF $1,049 DOM 111 DOM START $ $5,350,000 START 07/17/19
Address 1726 Gates Avenue BD/BA 2br/2ba SQFT 1625 sqft LOT 7509 PRICE $1,499,000 $PSF $922 DOM 42 DOM START $ $1,499,000 START 09/20/19
Address 709 Larsson Street BD/BA 4br/4ba SQFT 3401 sqft LOT 5157 PRICE $2,999,000 $PSF $882 DOM 25 DOM START $ $2,999,000 START 10/16/19

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