Inventory Leaps As Buyers Activate

By Dave Fratello | July 11th, 2020

Sellers are rushing properties to market amid signs that Manhattan Beach real estate is rolling hard and fast.

Whereas demand was outstripping supply for most of June, now supply is building up rapidly.

Our new chart compares where we stand with inventory as of the morning of July 11, compared against data for July 15 for 4 prior years.

The 134 listings active now is a figure higher than any other mid-July point in the data. (Although there are still 4 days left to make these numbers strictly comparable.)

You can see the remarkable bounceback as we zoom in.

The 2020 data (in gold) had shot up through April and May to nearly match last year's high-inventory pace by May 31.

June's incredible outburst of sales activity (most new contracts for any June of the past 8 years) cleared out lots of inventory and absorbed much of what came to market as it appeared.

Now, almost as quickly, an imbalance is opening up, with more listings than sales.

In the past 7 days, there have been 25 new listings, 3 failed escrows returning properties to market, 1 property going to active from "hold" status, plus 5 listings added and now sitting as "coming soon." (These "coming soon" listings do not count in inventory yet.)

Over the same period, 10 properties have newly gone into escrow. (We're excepting one property that fell out and went back into escrow.)

The rough count there, then, is a net addition of 19 listings to the market over 7 days. That's not all of the jump of 23 listings since July 1, but it's most.

Our guess is that the imbalance is temporary, as buyers remain very active, rates are attractive and there remains months' worth of pent-up demand to be worked out.

Yes, there's a risk of a high-inventory overhang, maybe later this Summer, maybe in the Fall.

We're on the lookout for that, but let's give people a chance to act on what's come to market.

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Newest Listings in Manhattan Beach

Here's a quick view on the latest homes to hit the market (automatically updated). Email subscribers may want to click on this link instead.

One Of The Most Desirable Walkstreets In Mb! Th...

OPEN HOUSE

220 16th Street

Manhattan Beach, CA

  • 5 BR
  • 4 BA
  • 2,701 SqFt.
  • 2,707 Lot

$5,999,000

Active

DOM: 2

Price:
$5,999,000
BR/BA:
5br / 4ba
Sq. ft.:
2,701
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
2

When You First Arrive At This Perfect Family Ho...

OPEN HOUSE

873 8th Street

Manhattan Beach, CA

  • 5 BR
  • 5 BA
  • 4,969 SqFt.
  • 5,770 Lot

$5,299,000

Active

DOM: 3

Price:
$5,299,000
BR/BA:
5br / 5ba
Sq. ft.:
4,969
Area:
144 - Manhattan Bch Hill
City:
Manhattan Beach
DOM:
3

Montecito Magic: Charming Tree Lined Block In T...

OPEN HOUSE

561 33rd Street

Manhattan Beach, CA

  • 5 BR
  • 6 BA
  • 3,782 SqFt.
  • 5,396 Lot

$4,150,000

Active

DOM: 10

Price:
$4,150,000
BR/BA:
5br / 6ba
Sq. ft.:
3,782
Area:
143 - Manhattan Bch Tree
City:
Manhattan Beach
DOM:
10

This Timeless And Beautiful Free-standing Townh...

RECENT PRICE CUT

2917 Vista Drive

Manhattan Beach, CA

  • 3 BR
  • 4 BA
  • 2,140 SqFt.
  • N/A Lot

$2,599,000

Active

DOM: 16

Price:
$2,599,000
BR/BA:
3br / 4ba
Sq. ft.:
2,140
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
16

Captivating Craftsman Style Single Family Home ...

OPEN HOUSE

417 34th Place

Manhattan Beach, CA

  • 3 BR
  • 4 BA
  • 1,869 SqFt.
  • 1,801 Lot

$2,599,000

Active

DOM: 21

Price:
$2,599,000
BR/BA:
3br / 4ba
Sq. ft.:
1,869
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
21

Welcome To 420 5th Street, From The Exterior To...

OPEN HOUSE

420 5th Street

Manhattan Beach, CA

  • 5 BR
  • 7 BA
  • 4,282 SqFt.
  • 2,699 Lot

$6,845,000

Active

DOM: 32

Price:
$6,845,000
BR/BA:
5br / 7ba
Sq. ft.:
4,282
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
32

This Brand New Ocean-view 4-level Custom Single...

OPEN HOUSE

2509 Alma Avenue

Manhattan Beach, CA

  • 3 BR
  • 5 BA
  • 2,427 SqFt.
  • 1,356 Lot

$4,295,000

Active

DOM: 95

Price:
$4,295,000
BR/BA:
3br / 5ba
Sq. ft.:
2,427
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
95

Cool Contemporary Entertainer’s Beach Home Just...

OPEN HOUSE

440 31st Street

Manhattan Beach, CA

  • 5 BR
  • 4 BA
  • 3,600 SqFt.
  • 2,694 Lot

$3,850,000

Active

DOM: 143

Price:
$3,850,000
BR/BA:
5br / 4ba
Sq. ft.:
3,600
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
143

Located In The Charming Gaslamp District, This ...

OPEN HOUSE

509 Marine Avenue

Manhattan Beach, CA

  • 6 BR
  • 5 BA
  • 4,179 SqFt.
  • 3,709 Lot

$4,399,000

Active

DOM: 187

Price:
$4,399,000
BR/BA:
6br / 5ba
Sq. ft.:
4,179
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
187
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 2307 N Poinsettia Avenue BD/BA 4br/3ba SQFT 3098 sqft LOT 4482 PRICE $3,750,000 $PSF $1,210 DOM 2 DOM START $ $3,750,000 START 10/22/21
Address 220 16th Street BD/BA 5br/4ba SQFT 2701 sqft LOT 2707 PRICE $5,999,000 $PSF $2,221 DOM 2 DOM START $ $5,999,000 START 10/22/21
Address 873 8th Street BD/BA 5br/5ba SQFT 4969 sqft LOT 5770 PRICE $5,299,000 $PSF $1,066 DOM 3 DOM START $ $5,299,000 START 10/21/21
Address 559 31st Street BD/BA 6br/8ba SQFT 4942 sqft LOT 5025 PRICE $6,195,000 $PSF $1,254 DOM 3 DOM START $ $6,195,000 START 10/21/21
Address 3211 N Valley Drive BD/BA 3br/2ba SQFT 1461 sqft LOT 2446 PRICE $1,950,000 $PSF $1,335 DOM 3 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 4 DOM START $ $1,350,000 START 10/20/21
Address 407 Larsson Street BD/BA 6br/6ba SQFT 4839 sqft LOT 6876 PRICE $4,800,000 $PSF $992 DOM 8 DOM START $ $4,800,000 START 10/16/21
Address 937 Highview Avenue BD/BA 3br/2ba SQFT 1783 sqft LOT 2495 PRICE $2,500,000 $PSF $1,402 DOM 10 DOM START $ $2,500,000 START 10/14/21
Address 561 33rd Street BD/BA 5br/6ba SQFT 3782 sqft LOT 5396 PRICE $4,150,000 $PSF $1,097 DOM 10 DOM START $ $4,150,000 START 10/14/21
Address 693 19th Street BD/BA 5br/4ba SQFT 3312 sqft LOT 6043 PRICE $2,999,999 $PSF $906 DOM 10 DOM START $ $2,999,999 START 10/07/21
Address 2917 Vista Drive BD/BA 3br/4ba SQFT 2140 sqft LOT 3499 PRICE $2,599,000 $PSF $1,214 DOM 16 DOM START $ $2,650,000 START 10/06/21
Address 300 N Dianthus Street BD/BA 6br/6ba SQFT 5500 sqft LOT 7565 PRICE $6,999,000 $PSF $1,273 DOM 18 DOM START $ $6,999,000 START 10/06/21
Address 1140 Fisher Avenue BD/BA 3br/2ba SQFT 1304 sqft LOT 3324 PRICE $1,999,988 $PSF $1,534 DOM 19 DOM START $ $1,999,988 START 10/05/21
Address 417 34th Place BD/BA 3br/4ba SQFT 1869 sqft LOT 1801 PRICE $2,599,000 $PSF $1,391 DOM 21 DOM START $ $2,599,000 START 10/03/21
Address 219 Anderson Street BD/BA 6br/7ba SQFT 6483 sqft LOT 8141 PRICE $10,000,000 $PSF $1,542 DOM 24 DOM START $ $10,000,000 START 09/30/21
Address 2804 The Strand BD/BA 3br/4ba SQFT 3469 sqft LOT 3481 PRICE $16,499,000 $PSF $4,756 DOM 25 DOM START $ $16,499,000 START 09/29/21
Address 662 Rosecrans Avenue BD/BA 2br/1ba SQFT 750 sqft LOT 3664 PRICE $1,399,000 $PSF $1,865 DOM 27 DOM START $ $1,399,000 START 09/27/21
Address 320 20th Street BD/BA 4br/5ba SQFT 5100 sqft LOT 2700 PRICE $5,795,000 $PSF $1,136 DOM 30 DOM START $ $5,795,000 START 09/24/21
Address 2615 Palm Avenue BD/BA 4br/4ba SQFT 3188 sqft LOT 4643 PRICE $3,795,000 $PSF $1,190 DOM 31 DOM START $ $3,995,000 START 09/23/21
Address 420 5th Street BD/BA 5br/7ba SQFT 4282 sqft LOT 2699 PRICE $6,845,000 $PSF $1,599 DOM 32 DOM START $ $6,845,000 START 09/22/21
Address 320 23rd Street BD/BA 3br/4ba SQFT 1783 sqft LOT 2700 PRICE $3,095,000 $PSF $1,736 DOM 34 DOM START $ $3,195,000 START 09/20/21
Address 2904 Alma Avenue BD/BA 3br/4ba SQFT 2417 sqft LOT 3502 PRICE $3,136,000 $PSF $1,297 DOM 38 DOM START $ $3,136,000 START 09/16/21
Address 425 23rd Place BD/BA 4br/3ba SQFT 2040 sqft LOT 1349 PRICE $2,599,000 $PSF $1,274 DOM 44 DOM START $ $2,699,000 START 09/10/21
Address 757 Manhattan Beach Boulevard BD/BA 2br/3ba SQFT 1986 sqft LOT 7711 PRICE $2,199,000 $PSF $1,107 DOM 46 DOM START $ $2,249,000 START 09/08/21
Address 2522 The Strand BD/BA 3br/4ba SQFT 2740 sqft LOT 3498 PRICE $8,500,000 $PSF $3,102 DOM 74 DOM START $ $8,500,000 START 08/11/21
Address 4114 The Strand BD/BA 4br/6ba SQFT 2250 sqft LOT 3507 PRICE $4,395,000 $PSF $1,953 DOM 74 DOM START $ $4,395,000 START 08/11/21
Address 117 Crest Drive BD/BA 4br/5ba SQFT 2520 sqft LOT 1666 PRICE $4,399,000 $PSF $1,746 DOM 75 DOM START $ $4,495,000 START 06/17/21
Address 1430 2nd Street BD/BA 3br/3ba SQFT 2283 sqft LOT 13634 PRICE $4,699,000 $PSF $2,058 DOM 86 DOM START $ $4,850,000 START 07/08/21
Address 808 The Strand BD/BA 4br/5ba SQFT 2911 sqft LOT 5070 PRICE $11,695,000 $PSF $4,018 DOM 87 DOM START $ $11,695,000 START 07/30/21
Address 1837 11th Street C BD/BA 3br/3ba SQFT 2000 sqft LOT 6501 PRICE $1,469,000 $PSF $735 DOM 92 DOM START $ $1,480,000 START 07/24/21
Address 2509 Alma Avenue BD/BA 3br/5ba SQFT 2427 sqft LOT 1356 PRICE $4,295,000 $PSF $1,770 DOM 95 DOM START $ $5,195,000 START 06/18/21
Address 600 29th Street BD/BA 2br/2ba SQFT 2346 sqft LOT 4200 PRICE $2,675,000 $PSF $1,140 DOM 107 DOM START $ $2,715,000 START 07/09/21
Address 235 No. Dianthus Street BD/BA 5br/5ba SQFT 5700 sqft LOT 6500 PRICE $7,900,000 $PSF $1,386 DOM 107 DOM START $ $9,300,000 START 06/18/21
Address 1145 Fisher Avenue BD/BA 5br/6ba SQFT 4716 sqft LOT 3000 PRICE $5,795,000 $PSF $1,229 DOM 116 DOM START $ $5,999,000 START 06/30/21
Address 417 2nd Street BD/BA 5br/6ba SQFT 4331 sqft LOT 2691 PRICE $5,650,000 $PSF $1,305 DOM 122 DOM START $ $6,250,000 START 06/24/21
Address 868 9th Street BD/BA 5br/6ba SQFT 5526 sqft LOT 5795 PRICE $8,999,000 $PSF $1,628 DOM 128 DOM START $ $9,868,000 START 06/18/21
Address 137 15th Street BD/BA 2br/2ba SQFT 888 sqft LOT 1347 PRICE $2,599,000 $PSF $2,927 DOM 129 DOM START $ $2,599,000 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 131 DOM START $ $1,699,000 START 06/15/21
Address 2415 Manhattan Avenue BD/BA 3br/5ba SQFT 4275 sqft LOT 2705 PRICE $12,000,000 $PSF $2,807 DOM 137 DOM START $ $12,000,000 START 04/07/21
Address 440 31st Street BD/BA 5br/4ba SQFT 3600 sqft LOT 2694 PRICE $3,850,000 $PSF $1,069 DOM 143 DOM START $ $4,100,000 START 06/03/21
Address 224 29th Street BD/BA 5br/6ba SQFT 5219 sqft LOT 3155 PRICE $8,999,000 $PSF $1,724 DOM 159 DOM START $ $9,500,000 START 05/18/21
Address 404 17th Street BD/BA 3br/3ba SQFT 3149 sqft LOT 2636 PRICE $4,399,000 $PSF $1,397 DOM 166 DOM START $ $4,600,000 START 05/11/21
Address 424 20th Street BD/BA 8br/10ba SQFT 6073 sqft LOT 5148 PRICE $6,995,000 $PSF $1,152 DOM 172 DOM START $ $6,995,000 START 05/05/21
Address 509 Marine Avenue BD/BA 6br/5ba SQFT 4179 sqft LOT 3709 PRICE $4,399,000 $PSF $1,053 DOM 187 DOM START $ $4,399,000 START 04/20/21
Address 2404 Highland Avenue BD/BA 2br/2ba SQFT 976 sqft LOT 1740 PRICE $1,999,000 $PSF $2,048 DOM 193 DOM START $ $2,250,000 START 03/24/21
Address 201 15th Street BD/BA 6br/3ba SQFT 2093 sqft LOT 2701 PRICE $3,599,000 $PSF $1,720 DOM 520 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 520 DOM START $ $4,950,000 START 04/22/20

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Manhattan Beach Homes For Sale