Post-Labor Day: A Time for Cuts

By Dave Fratello | September 13th, 2018

This is a time of year when the market heats up again after a Summer slumber.

You've got 6-10 weeks after Labor Day to maybe make a sale.

There are new listings coming out, some held back from Summer to wait for the calendar to flip.

But if you've got an existing listing that hasn't sold yet, mid-September is when you make price cuts.

We count 16 listings (out of 104) that have made cuts in the past week or so, plus a few more that have pulled a bogus re-list (canceling the old listing in favor of a new one with a fresh DOM clock... grrrrrrr).

We'll call attention to a few right here below, and then supply a list of all the listings in MB to have made a price cut on their current listing (39 out of 104 as of Thursday).

849 10th Street Manhattan Beach CA849 10th (5br/5ba, 4350 sqft.) in the Hill Section is a 2005 Mediterranean with fresh paint.

The home has a reverse floorplan, with most living spaces upstairs, but also with the master up there.

Downstairs are 4br in a conventional layout, opening to a kids' den and backyard.

The first time it was listed this year, in June/July they asked $3.950M for the home in largely original (though clean) condition. When it didn't gain traction, 849 10th came off the market so that the exterior could be painted white, as well as much of the darker wood cabinetry inside.

It's a minor transformation that is akin to what a lot of homeowners and home sellers are doing these days, giving Mediterraneans a fresher look. It works, though the listing has cut $100K to $3.850M.

211 Aviation Place Manhattan Beach CA211 Aviation Place (3br/3ba, 1750 sqft.) and 229 Aviation Place (3br/3ba, 1750 sqft.) are two condos in the same complex east of Aviation Blvd., the "Manhattan Pointe" set of homes that have the feel of row houses in a little community unto itself.

This complex saw two sales early this year at $1.170M, so 229 tried at $1.170M and 211 tried at $1.150M.

Both have since re-listed (in one case changing agents) and have cut to $1.099M each.

Not a lot usually distinguishes one Manhattan Pointe condo from another, so these two units are in a race of sorts to find whatever the new market level is for the complex.

915 Duncan Avenue Manhattan Beach CA915 Duncan (5br/7ba, 4635 sqft.) is new construction in the Hill Section with over 300 DOM combined across a few listings, including a change of agents.

It began at $6.150M exactly one year ago, re-launched at $5.850M in April and actually had a deal for a while in July this year.

The latest cut of $200K puts this one at $5.650M

220 23rd (3br/4ba, 1800 sqft.) is an ocean-view SFR that west of Highland that began in late July at $3.225M.

Launch in Summer, and things may go slowly for you.

This one has needed 3 cuts so far, two of $50K each, and a recent post-Labor-Day cut of $100K to $3.025M.

Below we provide an automatically updating list of all homes for sale in Manhattan Beach with price cuts. Those within the past week will have a label over them of "Recent Price Cut." (Email subscribers will have to view this post in a browser to see the listings.)

Newest Price Cuts in Manhattan Beach

This Completely Remodeled, Popular Corner-unit ...

RECENT PRICE CUT

19 Laguna Court

Manhattan Beach, CA

  • 3 BR
  • 3 BA
  • 1,903 SqFt.
  • 2,760 Lot

$1,399,000

Active

DOM: 28

Price:
$1,399,000
BR/BA:
3br / 3ba
Sq. ft.:
1,903
Area:
East MB
City:
Manhattan Beach
DOM:
28

Experience A Smooth Blend Of Artful Textures An...

RECENT PRICE CUT

709 26th Street

Manhattan Beach, CA

  • 5 BR
  • 6 BA
  • 5,121 SqFt.
  • 5,120 Lot

$4,995,000

Active

DOM: 163

Price:
$4,995,000
BR/BA:
5br / 6ba
Sq. ft.:
5,121
Area:
Tree Section
City:
Manhattan Beach
DOM:
163

Panoramic Ocean View Single Family Home With In...

RECENT PRICE CUT

313 20th Place

Manhattan Beach, CA

  • 3 BR
  • 3 BA
  • 1,961 SqFt.
  • 1,198 Lot

$2,499,000

Active

DOM: 82

Price:
$2,499,000
BR/BA:
3br / 3ba
Sq. ft.:
1,961
Area:
Sand Section
City:
Manhattan Beach
DOM:
82
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 2013 Magnolia Avenue BD/BA 4br/4ba SQFT 3572 sqft LOT 5676 PRICE $2,399,000 $PSF $672 DOM 49 DOM START $ $2,550,000 START 09/11/18
Address 19 Laguna Court BD/BA 3br/3ba SQFT 1903 sqft LOT 2760 PRICE $1,399,000 $PSF $735 DOM 28 DOM START $ $1,495,000 START 10/18/18
Address 644 Manhattan Beach 10 BD/BA 2br/2ba SQFT 841 sqft LOT 10017 PRICE $880,000 $PSF $1,046 DOM 24 DOM START $ $899,000 START 10/22/18
Address 217 9th Street BD/BA 3br/4ba SQFT 1734 sqft LOT 1347 PRICE $3,275,000 $PSF $1,889 DOM 43 DOM START $ $3,475,000 START 10/02/18
Address 709 26th Street BD/BA 5br/6ba SQFT 5121 sqft LOT 5120 PRICE $4,995,000 $PSF $975 DOM 163 DOM START $ $5,495,000 START 06/04/18
Address 229 Rosecrans Place BD/BA 3br/4ba SQFT 2331 sqft LOT 3155 PRICE $2,995,000 $PSF $1,285 DOM 69 DOM START $ $3,299,000 START 09/06/18
Address 1551 Artesia Boulevard 2 BD/BA 3br/3ba SQFT 1800 sqft LOT 6730 PRICE $999,900 $PSF $556 DOM 112 DOM START $ $1,099,990 START 07/25/18
Address 2816 Crest Drive BD/BA 3br/4ba SQFT 1890 sqft LOT 2696 PRICE $2,499,000 $PSF $1,322 DOM 162 DOM START $ $2,890,000 START 06/05/18
Address 228 43rd Street BD/BA 3br/4ba SQFT 2048 sqft LOT 2701 PRICE $2,650,000 $PSF $1,294 DOM 40 DOM START $ $2,750,000 START 10/05/18
Address 1351 Curtis Avenue BD/BA 3br/2ba SQFT 1125 sqft LOT 5152 PRICE $1,399,000 $PSF $1,244 DOM 25 DOM START $ $1,499,000 START 10/20/18
Address 1311 Manhattan Beach Boulevard 2 BD/BA 2br/2ba SQFT 922 sqft LOT 5512 PRICE $749,000 $PSF $812 DOM 19 DOM START $ $799,900 START 10/26/18
Address 313 20th Place BD/BA 3br/3ba SQFT 1961 sqft LOT 1198 PRICE $2,499,000 $PSF $1,274 DOM 82 DOM START $ $2,599,000 START 08/24/18
Address 513 Longfellow Avenue BD/BA 5br/6ba SQFT 5128 sqft LOT 4014 PRICE $4,599,000 $PSF $897 DOM 258 DOM START $ $5,349,000 START 02/22/18
Address 714 N Dianthus Street BD/BA 5br/5ba SQFT 3573 sqft LOT 5161 PRICE $3,995,000 $PSF $1,118 DOM 35 DOM START $ $4,195,000 START 10/10/18
Address 2801 Alma Avenue BD/BA 3br/4ba SQFT 1960 sqft LOT 2698 PRICE $2,695,000 $PSF $1,375 DOM 37 DOM START $ $2,739,000 START 10/08/18
Address 432 10th Place BD/BA 4br/5ba SQFT 3444 sqft LOT 2229 PRICE $3,650,000 $PSF $1,060 DOM 41 DOM START $ $3,750,000 START 10/04/18
Address 1813 N Herrin Street BD/BA 3br/2ba SQFT 1952 sqft LOT 6617 PRICE $1,799,000 $PSF $922 DOM 34 DOM START $ $1,829,000 START 10/11/18
Address 1147 2nd Street BD/BA 4br/2ba SQFT 1845 sqft LOT 6252 PRICE $1,550,000 $PSF $840 DOM 62 DOM START $ $1,650,000 START 08/21/18
Address 417 21st Street BD/BA 3br/4ba SQFT 2085 sqft LOT 2697 PRICE $2,250,000 $PSF $1,079 DOM 124 DOM START $ $2,450,000 START 07/13/18
Address 3604 Walnut Avenue BD/BA 5br/5ba SQFT 3249 sqft LOT 4645 PRICE $2,995,000 $PSF $922 DOM 57 DOM START $ $3,250,000 START 09/18/18
Address 509 Marine Avenue BD/BA 4br/2ba SQFT 1938 sqft LOT 3709 PRICE $1,999,000 $PSF $1,031 DOM 49 DOM START $ $2,149,000 START 09/26/18
Address 22 Dover Place BD/BA 2br/2ba SQFT 1350 sqft LOT 3518 PRICE $1,350,000 $PSF $1,000 DOM 35 DOM START $ $1,450,000 START 10/11/18
Address 720 36th Street BD/BA 4br/3ba SQFT 2520 sqft LOT 5203 PRICE $2,349,000 $PSF $932 DOM 79 DOM START $ $2,395,000 START 08/27/18
Address 1440 12th Street D BD/BA 3br/3ba SQFT 1670 sqft LOT 7008 PRICE $1,110,000 $PSF $665 DOM 78 DOM START $ $1,248,000 START 08/28/18
Address 225 36th Place BD/BA 3br/4ba SQFT 1850 sqft LOT 2690 PRICE $2,129,000 $PSF $1,151 DOM 70 DOM START $ $2,199,000 START 09/05/18
Address 1760 Marine Avenue BD/BA 3br/2ba SQFT 1147 sqft LOT 4993 PRICE $1,495,000 $PSF $1,303 DOM 42 DOM START $ $1,595,000 START 10/03/18
Address 2615 Crest Drive BD/BA 3br/6ba SQFT 3216 sqft LOT 1752 PRICE $6,499,000 $PSF $2,021 DOM 69 DOM START $ $6,999,000 START 09/06/18
Address 2722 The Strand BD/BA 8br/9ba SQFT 6381 sqft LOT 6927 PRICE $19,995,000 $PSF $3,134 DOM 369 DOM START $ $23,995,000 START 11/10/17
Address 3529 Oak Avenue BD/BA 3br/3ba SQFT 2077 sqft LOT 4648 PRICE $1,799,999 $PSF $867 DOM 139 DOM START $ $1,899,000 START 06/28/18
Address 21 Coronado Court BD/BA 2br/2ba SQFT 1465 sqft LOT 1752 PRICE $1,065,000 $PSF $727 DOM 169 DOM START $ $1,219,000 START 05/29/18
Address 3617 Pacific Avenue BD/BA 5br/6ba SQFT 2800 sqft LOT 5013 PRICE $2,049,000 $PSF $732 DOM 55 DOM START $ $2,195,000 START 04/11/18
Address 814 10th Street BD/BA 6br/8ba SQFT 8963 sqft LOT 12015 PRICE $8,995,000 $PSF $1,004 DOM 99 DOM START $ $9,550,000 START 08/07/18
Address 1026 Pacific Avenue BD/BA 6br/8ba SQFT 7161 sqft LOT 6006 PRICE $8,395,000 $PSF $1,172 DOM 70 DOM START $ $8,800,000 START 09/05/18
Address 420 3rd Street BD/BA 2br/2ba SQFT 1321 sqft LOT 2713 PRICE $3,199,000 $PSF $2,422 DOM 55 DOM START $ $3,499,000 START 09/20/18
Address 108 The Strand BD/BA 5br/8ba SQFT 6910 sqft LOT 3333 PRICE $15,999,999 $PSF $2,315 DOM 76 DOM START $ $16,995,000 START 08/30/18
Address 1520 Manhattan Beach Boulevard C BD/BA 2br/2ba SQFT 1075 sqft LOT 9894 PRICE $729,000 $PSF $678 DOM 104 DOM START $ $765,000 START 08/02/18
Address 646 Rosecrans Avenue BD/BA 4br/3ba SQFT 2535 sqft LOT 3651 PRICE $1,788,000 $PSF $705 DOM 105 DOM START $ $1,825,000 START 08/01/18
Address 3400 The Strand BD/BA 5br/6ba SQFT 5468 sqft LOT 3502 PRICE $18,300,000 $PSF $3,347 DOM 125 DOM START $ $19,300,000 START 07/12/18
Address 915 Duncan Avenue BD/BA 5br/7ba SQFT 4637 sqft LOT 4998 PRICE $5,650,000 $PSF $1,218 DOM 181 DOM START $ $5,850,000 START 04/09/18
Address 3311 Elm Avenue BD/BA 6br/7ba SQFT 5320 sqft LOT 8758 PRICE $4,995,000 $PSF $939 DOM 135 DOM START $ $5,250,000 START 06/26/18
Address 3416 The Strand BD/BA 5br/5ba SQFT 3934 sqft LOT 3494 PRICE $11,995,000 $PSF $3,049 DOM 216 DOM START $ $12,395,000 START 04/12/18
Address 424 2nd Street BD/BA 4br/6ba SQFT 4359 sqft LOT 2708 PRICE $4,695,000 $PSF $1,077 DOM 191 DOM START $ $4,900,000 START 05/07/18

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