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.

This Beautifully Remodeled Vintage Duplex Is Ju...

OPEN HOUSE

120 36th Place

Manhattan Beach, CA

  • 3 BR
  • 2 BA
  • 1,260 SqFt.
  • 1,352 Lot

$2,500,000

Active

DOM: 3

Price:
$2,500,000
BR/BA:
3br / 2ba
Sq. ft.:
1,260
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
3

Incredible Opportunity For A Property With Huge...

OPEN HOUSE

1130 2nd Street

Manhattan Beach, CA

  • 3 BR
  • 2 BA
  • 1,540 SqFt.
  • 7,875 Lot

$1,879,000

Active

DOM: 3

Price:
$1,879,000
BR/BA:
3br / 2ba
Sq. ft.:
1,540
Area:
147 - Manhattan Bch Mira Costa
City:
Manhattan Beach
DOM:
3

This Beautiful Home Is Located On One Of The Be...

OPEN HOUSE

769 29th Street

Manhattan Beach, CA

  • 5 BR
  • 4 BA
  • 4,457 SqFt.
  • 5,774 Lot

$3,799,000

Active

DOM: 4

Price:
$3,799,000
BR/BA:
5br / 4ba
Sq. ft.:
4,457
Area:
143 - Manhattan Bch Tree
City:
Manhattan Beach
DOM:
4

***this One Of A Kind Manhattan Beach Tree Sect...

OPEN HOUSE

628 35th Street

Manhattan Beach, CA

  • 4 BR
  • 4 BA
  • 2,881 SqFt.
  • 5,403 Lot

$3,895,000

Active

DOM: 7

Price:
$3,895,000
BR/BA:
4br / 4ba
Sq. ft.:
2,881
Area:
143 - Manhattan Bch Tree
City:
Manhattan Beach
DOM:
7

With Three Floors Of Light-flooded Luxury, A Co...

OPEN HOUSE

409 30th St

Manhattan Beach, CA

  • 4 BR
  • 5 BA
  • 2,798 SqFt.
  • 1,754 Lot

$5,000,000

Active

DOM: 10

Price:
$5,000,000
BR/BA:
4br / 5ba
Sq. ft.:
2,798
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
10

With Breathtaking Style, Soaring Spaces And Swe...

OPEN HOUSE

441 26th Street

Manhattan Beach, CA

  • 6 BR
  • 7 BA
  • 5,972 SqFt.
  • 3,514 Lot

$8,395,000

Active

DOM: 16

Price:
$8,395,000
BR/BA:
6br / 7ba
Sq. ft.:
5,972
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
16

Price Just Reduced For A Prime East Manhattan B...

RECENT PRICE CUT

1427 5th Street

Manhattan Beach, CA

  • 2 BR
  • 1 BA
  • 756 SqFt.
  • 7,497 Lot

$2,225,000

Active

DOM: 22

Price:
$2,225,000
BR/BA:
2br / 1ba
Sq. ft.:
756
Area:
147 - Manhattan Bch Mira Costa
City:
Manhattan Beach
DOM:
22

Step Into The Future Of Innovative Design And F...

RECENT PRICE CUT

616 12th Street

Manhattan Beach, CA

  • 5 BR
  • 5 BA
  • 4,300 SqFt.
  • 3,008 Lot

$7,329,000

Active

DOM: 95

Price:
$7,329,000
BR/BA:
5br / 5ba
Sq. ft.:
4,300
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
95

New Stunning Coastal Modern Beach Townhome With...

OPEN HOUSE

2605 Vista Drive

Manhattan Beach, CA

  • 4 BR
  • 4 BA
  • 2,678 SqFt.
  • N/A Lot

$4,499,000

Active

DOM: 179

Price:
$4,499,000
BR/BA:
4br / 4ba
Sq. ft.:
2,678
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
179
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 120 36th Place BD/BA 3br/2ba SQFT 1260 sqft LOT 1352 PRICE $2,500,000 $PSF $1,984 DOM 3 DOM START $ $2,500,000 START 01/26/23
Address 3203 Vista Drive BD/BA 5br/5ba SQFT 3178 sqft LOT 1751 PRICE $6,199,000 $PSF $1,951 DOM 3 DOM START $ $6,199,000 START 01/26/23
Address 210 Larsson Street BD/BA 3br/2ba SQFT 1340 sqft LOT 5158 PRICE $1,985,000 $PSF $1,481 DOM 3 DOM START $ $1,985,000 START 01/26/23
Address 1130 2nd Street BD/BA 3br/2ba SQFT 1540 sqft LOT 7875 PRICE $1,879,000 $PSF $1,220 DOM 3 DOM START $ $1,879,000 START 01/26/23
Address 413 5th Street BD/BA 5br/7ba SQFT 4200 sqft LOT 2703 PRICE $7,750,000 $PSF $1,845 DOM 3 DOM START $ $7,750,000 START 01/26/23
Address 769 29th Street BD/BA 5br/4ba SQFT 4457 sqft LOT 5774 PRICE $3,799,000 $PSF $852 DOM 4 DOM START $ $3,799,000 START 01/25/23
Address 800 N Poinsettia Avenue BD/BA 4br/4ba SQFT 2900 sqft LOT 7201 PRICE $4,999,999 $PSF $1,724 DOM 4 DOM START $ $4,999,999 START 01/25/23
Address 125 9th Street BD/BA 6br/3ba SQFT 2316 sqft LOT 2704 PRICE $5,800,000 $PSF $2,504 DOM 4 DOM START $ $5,800,000 START 01/25/23
Address 904 Highview Avenue BD/BA 3br/4ba SQFT 3643 sqft LOT 6761 PRICE $7,499,000 $PSF $2,058 DOM 7 DOM START $ $7,499,000 START 01/22/23
Address 628 35th Street BD/BA 4br/4ba SQFT 2881 sqft LOT 5403 PRICE $3,895,000 $PSF $1,352 DOM 7 DOM START $ $3,895,000 START 01/22/23
Address 340 6th Street BD/BA 5br/5ba SQFT 3842 sqft LOT 2694 PRICE $7,450,000 $PSF $1,939 DOM 10 DOM START $ $7,450,000 START 01/19/23
Address 931 1st Street BD/BA 2br/1ba SQFT 948 sqft LOT 9595 PRICE $6,200,000 $PSF $6,540 DOM 10 DOM START $ $6,200,000 START 01/19/23
Address 409 30th St BD/BA 4br/5ba SQFT 2798 sqft LOT 1754 PRICE $5,000,000 $PSF $1,787 DOM 10 DOM START $ $5,000,000 START 01/17/23
Address 22 Malaga Place BD/BA 2br/2ba SQFT 1449 sqft LOT 3529 PRICE $1,399,000 $PSF $965 DOM 12 DOM START $ $1,399,000 START 01/17/23
Address 4016 The Strand BD/BA 4br/6ba SQFT 3578 sqft LOT 3493 PRICE $8,750,000 $PSF $2,446 DOM 12 DOM START $ $8,750,000 START 01/17/23
Address 904 Highview Avenue BD/BA 3br/3ba SQFT 3643 sqft LOT 6761 PRICE $7,499,000 $PSF $2,058 DOM 16 DOM START $ $7,499,000 START 01/13/23
Address 441 26th Street BD/BA 6br/7ba SQFT 5972 sqft LOT 3514 PRICE $8,395,000 $PSF $1,406 DOM 16 DOM START $ $8,395,000 START 01/13/23
Address 640 Manhattan Beach Boulevard 3 BD/BA 2br/2ba SQFT 834 sqft LOT 10017 PRICE $1,200,000 $PSF $1,439 DOM 18 DOM START $ $1,200,000 START 01/11/23
Address 1427 5th Street BD/BA 2br/1ba SQFT 756 sqft LOT 7497 PRICE $2,225,000 $PSF $2,943 DOM 22 DOM START $ $2,499,000 START 01/07/23
Address 26 Santa Cruz Court BD/BA 2br/2ba SQFT 1474 sqft LOT 1799 PRICE $1,474,900 $PSF $1,001 DOM 35 DOM START $ $1,499,900 START 12/25/22
Address 3608 The Strand 1 BD/BA 2br/3ba SQFT 1777 sqft LOT 9334 PRICE $5,700,000 $PSF $3,208 DOM 37 DOM START $ $7,300,000 START 11/25/22
Address 3608 The Strand 2 BD/BA 1br/1ba SQFT 801 sqft LOT 9334 PRICE $2,300,000 $PSF $2,871 DOM 37 DOM START $ $3,600,000 START 11/25/22
Address 3608 The Strand 8 BD/BA 1br/1ba SQFT 907 sqft LOT 9334 PRICE $1,900,000 $PSF $2,095 DOM 37 DOM START $ $2,900,000 START 11/25/22
Address 1155 11th Street 2 BD/BA 3br/3ba SQFT 1811 sqft LOT 28916 PRICE $1,399,999 $PSF $773 DOM 43 DOM START $ $1,399,999 START 12/17/22
Address 750 29th Street BD/BA 6br/8ba SQFT 4835 sqft LOT 4803 PRICE $6,299,000 $PSF $1,303 DOM 45 DOM START $ $6,299,000 START 12/15/22
Address 413 9th Street BD/BA 6br/5ba SQFT 3800 sqft LOT 2695 PRICE $6,995,000 $PSF $1,841 DOM 52 DOM START $ $7,000,000 START 10/20/22
Address 400 10th Street BD/BA 4br/3ba SQFT 2964 sqft LOT 2711 PRICE $4,695,000 $PSF $1,584 DOM 62 DOM START $ $4,695,000 START 11/28/22
Address 23 Village Circle BD/BA 4br/4ba SQFT 3184 sqft LOT 5834 PRICE $3,400,000 $PSF $1,068 DOM 62 DOM START $ $3,400,000 START 11/28/22
Address 2701 Manhattan Avenue BD/BA 3br/3ba SQFT 2356 sqft LOT 2556 PRICE $5,250,000 $PSF $2,228 DOM 68 DOM START $ $5,250,000 START 11/22/22
Address 324 31st Street BD/BA 3br/3ba SQFT 2317 sqft LOT 1810 PRICE $3,999,999 $PSF $1,726 DOM 75 DOM START $ $3,999,999 START 10/20/22
Address 513 N Dianthus Street BD/BA 3br/3ba SQFT 2770 sqft LOT 3250 PRICE $3,295,000 $PSF $1,190 DOM 82 DOM START $ $3,349,999 START 11/08/22
Address 1643 5th Street BD/BA 4br/3ba SQFT 3058 sqft LOT 7502 PRICE $3,299,000 $PSF $1,079 DOM 87 DOM START $ $3,299,000 START 11/03/22
Address 3316 Vista Drive BD/BA 4br/3ba SQFT 2156 sqft LOT 2697 PRICE $2,995,000 $PSF $1,389 DOM 88 DOM START $ $3,295,000 START 10/20/22
Address 1232 2nd Street BD/BA 4br/3ba SQFT 3526 sqft LOT 8258 PRICE $3,299,000 $PSF $936 DOM 91 DOM START $ $3,499,000 START 09/29/22
Address 24 Westport BD/BA 4br/4ba SQFT 3256 sqft LOT 5742 PRICE $3,499,000 $PSF $1,075 DOM 93 DOM START $ $3,499,000 START 10/28/22
Address 616 12th Street BD/BA 5br/5ba SQFT 4300 sqft LOT 3008 PRICE $7,329,000 $PSF $1,704 DOM 95 DOM START $ $7,349,000 START 10/26/22
Address 124 4th Street BD/BA 5br/3ba SQFT 2363 sqft LOT 2697 PRICE $6,000,000 $PSF $2,539 DOM 101 DOM START $ $6,000,000 START 10/20/22
Address 1408 The Strand BD/BA 4br/5ba SQFT 4517 sqft LOT 2983 PRICE $18,250,000 $PSF $4,040 DOM 115 DOM START $ $18,250,000 START 10/06/22
Address 2704 Laurel Avenue BD/BA 4br/4ba SQFT 3200 sqft LOT 4644 PRICE $3,150,000 $PSF $984 DOM 116 DOM START $ $3,299,000 START 10/05/22
Address 3312 Palm BD/BA 5br/6ba SQFT 3599 sqft LOT 4633 PRICE $4,699,000 $PSF $1,306 DOM 120 DOM START $ $4,699,000 START 04/08/22
Address 2522 The Strand BD/BA 3br/3ba SQFT 2660 sqft LOT 3498 PRICE $8,500,000 $PSF $3,195 DOM 123 DOM START $ $8,900,000 START 09/28/22
Address 4406 The Strand BD/BA 3br/3ba SQFT 2138 sqft LOT 3506 PRICE $4,895,000 $PSF $2,290 DOM 123 DOM START $ $5,249,000 START 09/28/22
Address 121 Seaview Street BD/BA 4br/4ba SQFT 1616 sqft LOT 1351 PRICE $3,388,000 $PSF $2,097 DOM 124 DOM START $ $3,388,000 START 09/27/22
Address 1500 Voorhees Avenue BD/BA 4br/2ba SQFT 1744 sqft LOT 5784 PRICE $1,799,000 $PSF $1,032 DOM 129 DOM START $ $1,825,000 START 09/22/22
Address 2606 Pacific Avenue BD/BA 4br/3ba SQFT 3448 sqft LOT 4481 PRICE $2,739,000 $PSF $794 DOM 145 DOM START $ $2,999,888 START 09/06/22
Address 124 2nd Street BD/BA 3br/2ba SQFT 1750 sqft LOT 2707 PRICE $6,395,000 $PSF $3,654 DOM 151 DOM START $ $6,875,000 START 08/31/22
Address 500 N Poinsettia Avenue BD/BA 5br/8ba SQFT 8389 sqft LOT 10128 PRICE $22,000,000 $PSF $2,622 DOM 170 DOM START $ $22,000,000 START 08/12/22
Address 2605 Vista Drive BD/BA 4br/4ba SQFT 2678 sqft LOT 3496 PRICE $4,499,000 $PSF $1,680 DOM 179 DOM START $ $4,699,000 START 08/03/22

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Manhattan Beach Homes For Sale