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):

Welcome To "the Endless Summer"! This Outstand...

RECENT PRICE CUT
Photo of Listing #SB21124821

228 20th Street

Manhattan Beach, CA

  • 5 BR
  • 5 BA
  • 4,144 SqFt.
  • 2,700 Lot

$5,845,000

Active

DOM: 44

Price:
$5,845,000
BR/BA:
5br / 5ba
Sq. ft.:
4,144
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
44

Major Price Improvement!!! Tree Section Origin...

RECENT PRICE CUT
Photo of Listing #OC21136993

600 26th Street

Manhattan Beach, CA

  • 3 BR
  • 2 BA
  • 1,400 SqFt.
  • 4,481 Lot

$1,950,000

Active

DOM: 27

Price:
$1,950,000
BR/BA:
3br / 2ba
Sq. ft.:
1,400
Area:
143 - Manhattan Bch Tree
City:
Manhattan Beach
DOM:
27

This Brand New 4-level Custom Single Family Hom...

RECENT PRICE CUT
Photo of Listing #SB21110612

2509 Alma Avenue

Manhattan Beach, CA

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

$4,799,000

Active

DOM: 11

Price:
$4,799,000
BR/BA:
3br / 5ba
Sq. ft.:
2,427
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
11

South Beach Meets The South Bay! Designed And B...

OPEN HOUSE
Photo of Listing #SB21132177

1226 3rd Street

Manhattan Beach, CA

  • 6 BR
  • 5 BA
  • 4,000 SqFt.
  • 6,269 Lot

$3,999,999

Active

DOM: 38

Price:
$3,999,999
BR/BA:
6br / 5ba
Sq. ft.:
4,000
Area:
147 - Manhattan Bch Mira Costa
City:
Manhattan Beach
DOM:
38
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 124 11th Street BD/BA 4br/5ba SQFT 3966 sqft LOT 2711 PRICE $8,750,000 $PSF $2,206 DOM 17 DOM START $ $9,450,000 START 07/15/21
Address 1461 Manhattan Beach Boulevard B BD/BA 2br/2ba SQFT 1299 sqft LOT 5509 PRICE $1,090,000 $PSF $839 DOM 18 DOM START $ $1,110,000 START 06/30/21
Address 200 15th Street BD/BA 7br/6ba SQFT 3084 sqft LOT 2844 PRICE $4,399,000 $PSF $1,426 DOM 436 DOM START $ $4,950,000 START 04/22/20
Address 201 15th Street BD/BA 6br/3ba SQFT 2093 sqft LOT 2701 PRICE $3,899,000 $PSF $1,863 DOM 436 DOM START $ $4,550,000 START 04/22/20
Address 651 15th Street BD/BA 3br/2ba SQFT 1696 sqft LOT 4967 PRICE $2,699,000 $PSF $1,591 DOM 62 DOM START $ $2,849,000 START 05/05/21
Address 1904 Manzanita Lane BD/BA 3br/2ba SQFT 1820 sqft LOT 5398 PRICE $2,149,000 $PSF $1,181 DOM 17 DOM START $ $2,199,000 START 07/15/21
Address 228 20th Street BD/BA 5br/5ba SQFT 4144 sqft LOT 2700 PRICE $5,845,000 $PSF $1,410 DOM 44 DOM START $ $5,995,000 START 06/15/21
Address 853 10th Street BD/BA 7br/10ba SQFT 7606 sqft LOT 11999 PRICE $8,199,999 $PSF $1,078 DOM 72 DOM START $ $8,688,000 START 05/21/21
Address 600 26th Street BD/BA 3br/2ba SQFT 1400 sqft LOT 4481 PRICE $1,950,000 $PSF $1,393 DOM 27 DOM START $ $2,150,000 START 07/05/21
Address 2509 Alma Avenue BD/BA 3br/5ba SQFT 2427 sqft LOT 1356 PRICE $4,799,000 $PSF $1,977 DOM 11 DOM START $ $5,195,000 START 06/18/21
Address 428 Altura Way BD/BA 4br/2ba SQFT 3007 sqft LOT 7915 PRICE $3,199,000 $PSF $1,064 DOM 423 DOM START $ $3,999,000 START 06/04/20
Address 417 2nd Street BD/BA 5br/6ba SQFT 4331 sqft LOT 2691 PRICE $5,950,000 $PSF $1,374 DOM 38 DOM START $ $6,250,000 START 06/24/21
Address 440 31st Street BD/BA 5br/4ba SQFT 3600 sqft LOT 2694 PRICE $3,999,000 $PSF $1,111 DOM 59 DOM START $ $4,100,000 START 06/03/21
Address 1226 3rd Street BD/BA 6br/5ba SQFT 4000 sqft LOT 6269 PRICE $3,999,999 $PSF $1,000 DOM 38 DOM START $ $4,199,999 START 06/24/21
Address 465 33rd Street BD/BA 3br/2ba SQFT 1396 sqft LOT 4045 PRICE $3,149,000 $PSF $2,256 DOM 65 DOM START $ $3,399,000 START 05/28/21
Address 870 Rosecrans Avenue BD/BA 3br/3ba SQFT 1894 sqft LOT 5971 PRICE $1,899,900 $PSF $1,003 DOM 86 DOM START $ $2,249,000 START 05/07/21
Address 235 No. Dianthus Street BD/BA 5br/5ba SQFT 5700 sqft LOT 6500 PRICE $8,900,000 $PSF $1,561 DOM 44 DOM START $ $9,300,000 START 06/18/21
Address 757 Manhattan Beach Boulevard BD/BA 2br/3ba SQFT 1986 sqft LOT 7711 PRICE $2,325,000 $PSF $1,171 DOM 85 DOM START $ $2,375,000 START 05/08/21

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 636 23rd Street BD/BA 4br/3ba SQFT 2473 sqft LOT 4383 PRICE $2,755,000 $PSF $1,114 DOM 45 DOM START $ $2,755,000 START 06/17/21
Address 333 21st Place BD/BA 3br/4ba SQFT 1813 sqft LOT 2694 PRICE $2,450,000 $PSF $1,351 DOM 17 DOM START $ $2,450,000 START 07/15/21
Address 429 31st Street BD/BA 4br/5ba SQFT 4246 sqft LOT 2705 PRICE $3,699,000 $PSF $871 DOM 403 DOM START $ $3,799,000 START 06/24/20
Address 1909 Faymont BD/BA 3br/2ba SQFT 1821 sqft LOT 5313 PRICE $2,099,000 $PSF $1,153 DOM 17 DOM START $ $2,099,000 START 07/15/21
Address 1829 Oak Avenue BD/BA 3br/2ba SQFT 1400 sqft LOT 4680 PRICE $2,299,000 $PSF $1,642 DOM 17 DOM START $ $2,299,000 START 07/08/21
Address 1822 8th Street BD/BA 3br/2ba SQFT 2045 sqft LOT 7505 PRICE $2,125,000 $PSF $1,039 DOM 17 DOM START $ $2,125,000 START 07/15/21
Address 3609 Oak Avenue BD/BA 3br/2ba SQFT 1089 sqft LOT 4644 PRICE $1,685,000 $PSF $1,547 DOM 52 DOM START $ $1,685,000 START 06/07/21
Address 3212 Oak Avenue BD/BA 3br/2ba SQFT 1322 sqft LOT 4486 PRICE $1,748,000 $PSF $1,322 DOM 18 DOM START $ $1,748,000 START 07/14/21
Address 1301 5th Street BD/BA 4br/3ba SQFT 2652 sqft LOT 9227 PRICE $2,799,000 $PSF $1,055 DOM 24 DOM START $ $2,799,000 START 07/08/21
Address 1712 N Poinsettia Avenue BD/BA 4br/3ba SQFT 2767 sqft LOT 4467 PRICE $2,850,000 $PSF $1,030 DOM 6 DOM START $ $2,850,000 START 07/16/21
Address 2510 Laurel Ave BD/BA 3br/3ba SQFT 2040 sqft LOT 4120 PRICE $2,450,000 $PSF $1,201 DOM 38 DOM START $ $2,450,000 START 06/23/21
Address 1657 Gates Ave BD/BA 4br/5ba SQFT 4197 sqft LOT 7500 PRICE $3,150,000 $PSF $751 DOM 120 DOM START $ $3,695,000 START 03/23/21
Address 2317 Elm Avenue BD/BA 4br/3ba SQFT 2277 sqft LOT 4485 PRICE $2,499,000 $PSF $1,097 DOM 20 DOM START $ $2,499,000 START 07/12/21
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 504 N Poinsettia Avenue BD/BA 5br/5ba SQFT 4596 sqft LOT 6501 PRICE $6,999,000 $PSF $1,523 DOM 1 DOM START $ $6,999,000 START 07/15/21
Address 229 30th Street BD/BA 3br/2ba SQFT 1721 sqft LOT 2699 PRICE $3,700,000 $PSF $2,150 DOM 6 DOM START $ $3,700,000 START 07/06/21
Address 552 3rd Street BD/BA 3br/3ba SQFT 2095 sqft LOT 2701 PRICE $3,275,000 $PSF $1,563 DOM 82 DOM START $ $3,300,000 START 05/11/21
Address 612 Anderson Street BD/BA 3br/2ba SQFT 1707 sqft LOT 3250 PRICE $2,295,000 $PSF $1,344 DOM 179 DOM START $ $2,349,999 START 01/18/21
Address 457 28th Street BD/BA 2br/1ba SQFT 870 sqft LOT 2700 PRICE $2,250,000 $PSF $2,586 DOM 65 DOM START $ $2,350,000 START 05/28/21
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 746 29th Street BD/BA 4br/2ba SQFT 1259 sqft LOT 4803 PRICE $2,000,000 $PSF $1,589 DOM 12 DOM START $ $2,000,000 START 07/06/21
Address 1772 Curtis Avenue BD/BA 4br/3ba SQFT 1691 sqft LOT 5640 PRICE $1,795,000 $PSF $1,062 DOM 81 DOM START $ $1,975,000 START 05/12/21
Address 1509 Faymont Avenue BD/BA 3br/1ba SQFT 1091 sqft LOT 5398 PRICE $1,475,000 $PSF $1,352 DOM 0 DOM START $ $1,475,000 START 07/19/21
Address 433 27th Street BD/BA 4br/3ba SQFT 1947 sqft LOT 1581 PRICE $2,799,000 $PSF $1,438 DOM 6 DOM START $ $2,799,000 START 07/06/21
Address 1541 5th Street BD/BA 5br/5ba SQFT 4071 sqft LOT 7506 PRICE $3,795,000 $PSF $932 DOM 9 DOM START $ $3,795,000 START 07/05/21
Address 717 29th Street BD/BA 5br/4ba SQFT 3448 sqft LOT 4800 PRICE $3,299,000 $PSF $957 DOM 25 DOM START $ $3,299,000 START 07/07/21
Address 931 Duncan Avenue BD/BA 3br/1ba SQFT 1273 sqft LOT 4797 PRICE $2,249,000 $PSF $1,767 DOM 31 DOM START $ $2,249,000 START 07/01/21
Address 583 35th Street BD/BA 4br/5ba SQFT 3909 sqft LOT 5403 PRICE $4,100,000 $PSF $1,049 DOM 32 DOM START $ $4,100,000 START 06/30/21
Address 1821 11th Street BD/BA 2br/2ba SQFT 1427 sqft LOT 6495 PRICE $1,415,000 $PSF $992 DOM 54 DOM START $ $1,449,000 START 06/08/21
Address 1427 12th Street 1 BD/BA 2br/3ba SQFT 1335 sqft LOT 7500 PRICE $1,099,000 $PSF $823 DOM 39 DOM START $ $1,099,000 START 06/02/21
Address 316 20th Street BD/BA 5br/7ba SQFT 4278 sqft LOT 2700 PRICE $6,895,000 $PSF $1,612 DOM 3 DOM START $ $6,895,000 START 07/08/21
Address 1335 19th Street BD/BA 6br/6ba SQFT 5010 sqft LOT 7492 PRICE $3,999,000 $PSF $798 DOM 41 DOM START $ $4,150,000 START 05/24/21
Address 516 21st Street BD/BA 4br/4ba SQFT 3540 sqft LOT 3772 PRICE $5,249,000 $PSF $1,483 DOM 113 DOM START $ $5,350,000 START 04/01/21
Address 2801 N Valley Drive BD/BA 2br/1ba SQFT 965 sqft LOT 2453 PRICE $1,599,000 $PSF $1,657 DOM 39 DOM START $ $1,599,000 START 06/23/21
Address 2305 Bayview Drive BD/BA 3br/4ba SQFT 2570 sqft LOT 3496 PRICE $3,999,000 $PSF $1,556 DOM 80 DOM START $ $4,199,000 START 04/16/21
Address 2201 Oak Avenue BD/BA 5br/6ba SQFT 3467 sqft LOT 4485 PRICE $3,399,000 $PSF $980 DOM 9 DOM START $ $3,399,000 START 06/24/21
Address 218 1st Place BD/BA 3br/4ba SQFT 2012 sqft LOT 2703 PRICE $3,680,000 $PSF $1,829 DOM 82 DOM START $ $3,680,000 START 04/12/21
Address 1827 11th Street BD/BA 2br/2ba SQFT 1427 sqft LOT 6502 PRICE $1,425,000 $PSF $999 DOM 54 DOM START $ $1,449,000 START 06/08/21
Address 1613 5th Street BD/BA 5br/5ba SQFT 4400 sqft LOT 7500 PRICE $3,389,000 $PSF $770 DOM 37 DOM START $ $3,389,000 START 06/25/21
Address 319 24th Street BD/BA 3br/3ba SQFT 1900 sqft LOT 2704 PRICE $3,099,000 $PSF $1,631 DOM 39 DOM START $ $3,299,000 START 05/01/21
Address 3201 Laurel Avenue BD/BA 3br/2ba SQFT 1216 sqft LOT 4325 PRICE $1,950,000 $PSF $1,604 DOM 7 DOM START $ $1,950,000 START 06/23/21
Address 1511 2nd Street BD/BA 4br/4ba SQFT 4657 sqft LOT 6635 PRICE $3,799,000 $PSF $816 DOM 66 DOM START $ $3,999,000 START 04/23/21
Address 220 20th Street BD/BA 4br/4ba SQFT 3716 sqft LOT 2615 PRICE $6,295,000 $PSF $1,694 DOM 32 DOM START $ $6,295,000 START 05/27/21
Address 754 35th Street BD/BA 5br/3ba SQFT 3397 sqft LOT 5406 PRICE $3,199,000 $PSF $942 DOM 38 DOM START $ $3,199,000 START 06/24/21
Address 1908 Wendy Way BD/BA 3br/2ba SQFT 1390 sqft LOT 5345 PRICE $1,499,000 $PSF $1,078 DOM 9 DOM START $ $1,499,000 START 06/17/21
Address 220 43rd Street BD/BA 3br/4ba SQFT 1884 sqft LOT 2713 PRICE $2,295,000 $PSF $1,218 DOM 55 DOM START $ $2,395,000 START 05/25/21
Address 532 Marine Avenue BD/BA 3br/2ba SQFT 1220 sqft LOT 3554 PRICE $2,250,000 $PSF $1,844 DOM 56 DOM START $ $2,250,000 START 04/23/21
Address 938 Duncan Avenue BD/BA 5br/5ba SQFT 5381 sqft LOT 4689 PRICE $4,350,000 $PSF $808 DOM 114 DOM START $ $4,450,000 START 03/04/21

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