Most of the Action is Cuts & Dropouts

By Dave Fratello | November 6th, 2018

714 N Dianthus Street Manhattan Beach CANovember is beginning to take shape as expected in the local real estate market.

More listings are either cutting or quitting than coming to market.

New deals are harder to come by.

Soon, the election will be over, Turkey Day will be upon us and much of the real estate market will go into a restless slumber.

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

• 6 new listings

• 5 new deals (escrows)

• 12 price cuts (1 via re-listing)

• 5 listings dropping out, at least temporarily, by going "on hold," withdrawing or expiring

Pictured above is 714 N. Dianthus, new construction in the Hill Section, which just cut $200K in Week 4 on the market.

Here are the 12 most recent price cuts (email subscribers will need to view this post online to see the list and links):

This Timeless And Beautiful Free-standing Townh...

RECENT PRICE CUT
Photo of Listing #SB21221860

2917 Vista Drive

Manhattan Beach, CA

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

$2,599,000

Active

DOM: 13

Price:
$2,599,000
BR/BA:
3br / 4ba
Sq. ft.:
2,140
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
13

A Modern Approach To Beach Living. Truly A One...

RECENT PRICE CUT
Photo of Listing #SB21105910

224 29th Street

Manhattan Beach, CA

  • 5 BR
  • 6 BA
  • 5,219 SqFt.
  • 3,155 Lot

$8,999,000

Active

DOM: 156

Price:
$8,999,000
BR/BA:
5br / 6ba
Sq. ft.:
5,219
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
156

Cool Contemporary Entertainer’s Beach Home Just...

OPEN HOUSE
Photo of Listing #SB21114305

440 31st Street

Manhattan Beach, CA

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

$3,850,000

Active

DOM: 140

Price:
$3,850,000
BR/BA:
5br / 4ba
Sq. ft.:
3,600
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
140

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

OPEN HOUSE
Photo of Listing #SB21110612

2509 Alma Avenue

Manhattan Beach, CA

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

$4,295,000

Active

DOM: 92

Price:
$4,295,000
BR/BA:
3br / 5ba
Sq. ft.:
2,427
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
92
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 2917 Vista Drive BD/BA 3br/4ba SQFT 2140 sqft LOT 3499 PRICE $2,599,000 $PSF $1,214 DOM 13 DOM START $ $2,650,000 START 10/06/21
Address 2404 Highland Avenue BD/BA 2br/2ba SQFT 976 sqft LOT 1740 PRICE $1,999,000 $PSF $2,048 DOM 190 DOM START $ $2,250,000 START 03/24/21
Address 2615 Palm Avenue BD/BA 4br/4ba SQFT 3188 sqft LOT 4643 PRICE $3,795,000 $PSF $1,190 DOM 27 DOM START $ $3,995,000 START 09/23/21
Address 224 29th Street BD/BA 5br/6ba SQFT 5219 sqft LOT 3155 PRICE $8,999,000 $PSF $1,724 DOM 156 DOM START $ $9,500,000 START 05/18/21
Address 425 23rd Place BD/BA 4br/3ba SQFT 2040 sqft LOT 1349 PRICE $2,599,000 $PSF $1,274 DOM 41 DOM START $ $2,699,000 START 09/10/21
Address 320 23rd Street BD/BA 3br/4ba SQFT 1783 sqft LOT 2700 PRICE $3,095,000 $PSF $1,736 DOM 31 DOM START $ $3,195,000 START 09/20/21
Address 440 31st Street BD/BA 5br/4ba SQFT 3600 sqft LOT 2694 PRICE $3,850,000 $PSF $1,069 DOM 140 DOM START $ $4,100,000 START 06/03/21
Address 417 2nd Street BD/BA 5br/6ba SQFT 4331 sqft LOT 2691 PRICE $5,650,000 $PSF $1,305 DOM 119 DOM START $ $6,250,000 START 06/24/21
Address 201 15th Street BD/BA 6br/3ba SQFT 2093 sqft LOT 2701 PRICE $3,599,000 $PSF $1,720 DOM 517 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 517 DOM START $ $4,950,000 START 04/22/20
Address 1145 Fisher Avenue BD/BA 5br/6ba SQFT 4716 sqft LOT 3000 PRICE $5,795,000 $PSF $1,229 DOM 113 DOM START $ $5,999,000 START 06/30/21
Address 2509 Alma Avenue BD/BA 3br/5ba SQFT 2427 sqft LOT 1356 PRICE $4,295,000 $PSF $1,770 DOM 92 DOM START $ $5,195,000 START 06/18/21
Address 1837 11th Street C BD/BA 3br/3ba SQFT 2000 sqft LOT 6501 PRICE $1,469,000 $PSF $735 DOM 89 DOM START $ $1,480,000 START 07/24/21
Address 235 No. Dianthus Street BD/BA 5br/5ba SQFT 5700 sqft LOT 6500 PRICE $7,900,000 $PSF $1,386 DOM 104 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 125 DOM START $ $9,868,000 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 104 DOM START $ $2,715,000 START 07/09/21
Address 1430 2nd Street BD/BA 3br/3ba SQFT 2283 sqft LOT 13634 PRICE $4,699,000 $PSF $2,058 DOM 83 DOM START $ $4,850,000 START 07/08/21
Address 117 Crest Drive BD/BA 4br/5ba SQFT 2520 sqft LOT 1666 PRICE $4,399,000 $PSF $1,746 DOM 72 DOM START $ $4,495,000 START 06/17/21

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

We have noted this rule before. If you've got a listing out there in November/December, and you decide to keep it going, it's because you want to sell.

Some sellers finally begin to see in November that they may not have a deal yet because of price. Hence all the cutting.

If, as a seller, you don't like the environment at this point, you drop out or let the listing expire. Be ready to fight another day.

Sales are happening here and there, of course. It's not all crickets out there before Turkey Day.

Below are the most recently posted deals/new escrows.

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 304 16th Street BD/BA 3br/4ba SQFT 2244 sqft LOT 2994 PRICE $3,499,000 $PSF $1,559 DOM 8 DOM START $ $3,499,000 START 10/13/21
Address 28 Sausalito Circle BD/BA 2br/2ba SQFT 1450 sqft LOT 3162 PRICE $1,450,000 $PSF $1,000 DOM 9 DOM START $ $1,450,000 START 10/12/21
Address 11 Cordoba Court BD/BA 3br/3ba SQFT 1876 sqft LOT 2282 PRICE $1,775,000 $PSF $946 DOM 23 DOM START $ $1,775,000 START 09/28/21
Address 28 Bermuda Court BD/BA 3br/4ba SQFT 1876 sqft LOT 0 PRICE $1,876,000 $PSF $1,000 DOM 1 DOM START $ $1,876,000 START 10/20/21
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 432 35th Street BD/BA 3br/3ba SQFT 2771 sqft LOT 2700 PRICE $3,295,000 $PSF $1,189 DOM 6 DOM START $ $3,295,000 START 10/13/21
Address 714 N Dianthus Street BD/BA 5br/5ba SQFT 3709 sqft LOT 5161 PRICE $4,495,000 $PSF $1,212 DOM 8 DOM START $ $4,495,000 START 10/13/21
Address 1221 11th Street BD/BA 6br/6ba SQFT 5636 sqft LOT 9450 PRICE $5,675,000 $PSF $1,007 DOM 13 DOM START $ $5,675,000 START 10/08/21
Address 1236 6th Street BD/BA 3br/3ba SQFT 2277 sqft LOT 7502 PRICE $2,650,000 $PSF $1,164 DOM 5 DOM START $ $2,650,000 START 09/28/21
Address 1127 5th Street BD/BA 4br/3ba SQFT 3062 sqft LOT 7501 PRICE $2,699,000 $PSF $881 DOM 17 DOM START $ $2,699,000 START 10/04/21
Address 324 17th Street BD/BA 4br/5ba SQFT 3634 sqft LOT 2707 PRICE $5,999,000 $PSF $1,651 DOM 7 DOM START $ $5,999,000 START 10/14/21
Address 1561 Nelson Avenue BD/BA 5br/4ba SQFT 4588 sqft LOT 7484 PRICE $3,799,000 $PSF $828 DOM 14 DOM START $ $3,799,000 START 10/07/21
Address 3504 Crest Drive BD/BA 3br/2ba SQFT 2028 sqft LOT 1802 PRICE $2,200,000 $PSF $1,085 DOM 16 DOM START $ $2,200,000 START 10/05/21
Address 1317 Gates Avenue BD/BA 3br/2ba SQFT 1518 sqft LOT 5098 PRICE $1,999,000 $PSF $1,317 DOM 19 DOM START $ $1,999,888 START 09/23/21
Address 1220 Keats Street BD/BA 3br/2ba SQFT 1262 sqft LOT 5726 PRICE $1,699,000 $PSF $1,346 DOM 13 DOM START $ $1,699,000 START 10/08/21
Address 3017 Elm Avenue BD/BA 2br/2ba SQFT 960 sqft LOT 3734 PRICE $1,826,000 $PSF $1,902 DOM 41 DOM START $ $1,899,000 START 09/10/21
Address 662 Rosecrans Avenue BD/BA 2br/1ba SQFT 750 sqft LOT 3664 PRICE $1,399,000 $PSF $1,865 DOM 24 DOM START $ $1,399,000 START 09/27/21
Address 1315 Manhattan Beach Boulevard B BD/BA 2br/3ba SQFT 1175 sqft LOT 5498 PRICE $1,100,000 $PSF $936 DOM 34 DOM START $ $1,100,000 START 09/17/21
Address 3605 Crest Drive BD/BA 2br/2ba SQFT 1149 sqft LOT 1746 PRICE $1,779,000 $PSF $1,548 DOM 35 DOM START $ $1,779,000 START 09/16/21
Address 2408 Walnut Avenue BD/BA 5br/4ba SQFT 3091 sqft LOT 4482 PRICE $3,599,000 $PSF $1,164 DOM 21 DOM START $ $3,599,000 START 09/30/21
Address 504 John Street BD/BA 5br/5ba SQFT 4783 sqft LOT 7003 PRICE $8,699,000 $PSF $1,819 DOM 139 DOM START $ $9,499,000 START 06/04/21
Address 124 21st Place BD/BA 3br/4ba SQFT 1939 sqft LOT 1354 PRICE $3,799,000 $PSF $1,959 DOM 42 DOM START $ $4,000,000 START 09/09/21
Address 18 Chatham BD/BA 3br/2ba SQFT 2632 sqft LOT 7610 PRICE $2,395,000 $PSF $910 DOM 10 DOM START $ $2,395,000 START 10/01/21
Address 2104 Grandview Avenue BD/BA 3br/2ba SQFT 1790 sqft LOT 3493 PRICE $2,595,000 $PSF $1,450 DOM 27 DOM START $ $2,595,000 START 09/24/21
Address 4 Bermuda Court BD/BA 2br/2ba SQFT 1465 sqft LOT 1076 PRICE $1,299,000 $PSF $887 DOM 21 DOM START $ $1,299,000 START 09/30/21
Address 918 N Peck Avenue BD/BA 5br/5ba SQFT 3586 sqft LOT 5744 PRICE $3,545,000 $PSF $989 DOM 32 DOM START $ $3,545,000 START 08/10/21
Address 652 26th Street BD/BA 5br/5ba SQFT 3639 sqft LOT 5122 PRICE $4,150,000 $PSF $1,140 DOM 6 DOM START $ $4,150,000 START 09/30/21
Address 1211 Bayview Drive BD/BA 4br/4ba SQFT 2350 sqft LOT 3314 PRICE $3,845,000 $PSF $1,636 DOM 76 DOM START $ $3,995,000 START 08/06/21
Address 757 35th Street BD/BA 4br/3ba SQFT 1148 sqft LOT 5406 PRICE $1,755,000 $PSF $1,529 DOM 9 DOM START $ $1,755,000 START 09/18/21
Address 405 26th Street BD/BA 4br/5ba SQFT 2895 sqft LOT 3465 PRICE $4,750,000 $PSF $1,641 DOM 36 DOM START $ $4,750,000 START 09/15/21
Address 2825 N Valley Drive BD/BA 4br/2ba SQFT 1402 sqft LOT 4997 PRICE $1,999,000 $PSF $1,426 DOM 3 DOM START $ $1,999,000 START 09/28/21
Address 400 7th Street BD/BA 4br/4ba SQFT 2480 sqft LOT 2694 PRICE $3,995,000 $PSF $1,611 DOM 32 DOM START $ $3,995,000 START 09/19/21
Address 857 11th Street BD/BA 3br/3ba SQFT 2184 sqft LOT 4962 PRICE $2,750,000 $PSF $1,259 DOM 21 DOM START $ $2,750,000 START 09/09/21
Address 3608 Laurel Avenue BD/BA 2br/1ba SQFT 846 sqft LOT 4640 PRICE $1,600,000 $PSF $1,891 DOM 11 DOM START $ $1,600,000 START 09/18/21
Address 2504 Pine Avenue BD/BA 5br/5ba SQFT 3600 sqft LOT 4480 PRICE $3,579,000 $PSF $994 DOM 28 DOM START $ $3,579,000 START 09/23/21
Address 748 Manhattan Beach Boulevard A BD/BA 3br/3ba SQFT 1410 sqft LOT 6426 PRICE $1,699,000 $PSF $1,205 DOM 36 DOM START $ $1,699,000 START 09/15/21
Address 3613 N Poinsettia Avenue BD/BA 3br/2ba SQFT 1488 sqft LOT 4644 PRICE $1,899,000 $PSF $1,276 DOM 8 DOM START $ $1,899,000 START 09/20/21
Address 3013 N Poinsettia Avenue BD/BA 5br/4ba SQFT 3110 sqft LOT 4612 PRICE $3,499,999 $PSF $1,125 DOM 53 DOM START $ $3,499,999 START 08/29/21
Address 216 1st Street BD/BA 3br/4ba SQFT 1940 sqft LOT 2705 PRICE $3,399,000 $PSF $1,752 DOM 84 DOM START $ $3,499,000 START 07/29/21
Address 3512 Alma Avenue BD/BA 3br/3ba SQFT 1877 sqft LOT 3501 PRICE $2,300,000 $PSF $1,225 DOM 2 DOM START $ $2,300,000 START 09/25/21
Address 2211 Vista Drive BD/BA 3br/4ba SQFT 2250 sqft LOT 3509 PRICE $2,699,000 $PSF $1,200 DOM 36 DOM START $ $2,699,000 START 09/17/21
Address 2304 Elm Avenue BD/BA 5br/4ba SQFT 3349 sqft LOT 4481 PRICE $3,595,000 $PSF $1,073 DOM 11 DOM START $ $3,595,000 START 09/13/21
Address 511 N Dianthus Street BD/BA 3br/3ba SQFT 1907 sqft LOT 3249 PRICE $2,295,000 $PSF $1,203 DOM 73 DOM START $ $2,295,000 START 08/12/21
Address 2921 Pacific Avenue BD/BA 4br/2ba SQFT 1810 sqft LOT 4705 PRICE $1,899,000 $PSF $1,049 DOM 38 DOM START $ $1,899,000 START 09/13/21
Address 664 35th Street BD/BA 4br/2ba SQFT 1750 sqft LOT 5400 PRICE $2,200,000 $PSF $1,257 DOM 4 DOM START $ $2,200,000 START 09/16/21
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 938 Duncan Avenue BD/BA 5br/5ba SQFT 5381 sqft LOT 4689 PRICE $4,350,000 $PSF $808 DOM 164 DOM START $ $4,450,000 START 03/04/21
Address 3609 Oak Ave. BD/BA 3br/2ba SQFT 1089 sqft LOT 4644 PRICE $1,585,000 $PSF $1,455 DOM 13 DOM START $ $1,624,900 START 09/07/21

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