Price Cuts Are Where the Action Is

By Dave Fratello | November 9th, 2017

224 32nd Street Manhattan Beach CAThis is the way the late season may continue...

In the past 7 days in Manhattan Beach:

7 new listings

10 new deals (escrows)

16 price cuts (3 via re-listings)

Yes, that's more than twice the number of existing listings making cuts than the market saw in new inventory.

Here are the 9 most recent cuts (email subscribers will probably need to view this post online to see the list):

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 1211 Bayview Drive BD/BA 4br/4ba SQFT 2350 sqft LOT 3314 PRICE $3,845,000 $PSF $1,636 DOM 52 DOM START $ $3,995,000 START 08/06/21
Address 200 15th Street BD/BA 7br/6ba SQFT 3084 sqft LOT 2844 PRICE $4,275,000 $PSF $1,386 DOM 493 DOM START $ $4,950,000 START 04/22/20
Address 201 15th Street BD/BA 6br/3ba SQFT 2093 sqft LOT 2701 PRICE $3,675,000 $PSF $1,756 DOM 493 DOM START $ $4,550,000 START 04/22/20
Address 124 21st Place BD/BA 3br/4ba SQFT 1939 sqft LOT 1354 PRICE $3,799,000 $PSF $1,959 DOM 18 DOM START $ $4,000,000 START 09/09/21
Address 2404 Highland Avenue BD/BA 2br/2ba SQFT 976 sqft LOT 1740 PRICE $2,100,000 $PSF $2,152 DOM 166 DOM START $ $2,250,000 START 03/24/21
Address 3017 Elm Avenue BD/BA 2br/2ba SQFT 960 sqft LOT 3734 PRICE $1,699,000 $PSF $1,770 DOM 17 DOM START $ $1,899,000 START 09/10/21
Address 201 21st Place 2 BD/BA 3br/2ba SQFT 1349 sqft LOT 2699 PRICE $2,299,000 $PSF $1,704 DOM 59 DOM START $ $2,549,000 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 65 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 80 DOM START $ $9,300,000 START 06/18/21
Address 3207 Crest Drive BD/BA 3br/3ba SQFT 1794 sqft LOT 3498 PRICE $2,295,000 $PSF $1,279 DOM 73 DOM START $ $2,499,000 START 07/16/21
Address 216 1st Street BD/BA 3br/4ba SQFT 1940 sqft LOT 2705 PRICE $3,399,000 $PSF $1,752 DOM 60 DOM START $ $3,499,000 START 07/29/21
Address 868 9th Street BD/BA 5br/6ba SQFT 5526 sqft LOT 5795 PRICE $8,999,000 $PSF $1,628 DOM 101 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 80 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 59 DOM START $ $4,850,000 START 07/08/21
Address 440 31st Street BD/BA 5br/4ba SQFT 3600 sqft LOT 2694 PRICE $3,900,000 $PSF $1,083 DOM 116 DOM START $ $4,100,000 START 06/03/21
Address 2509 Alma Avenue BD/BA 3br/5ba SQFT 2427 sqft LOT 1356 PRICE $4,599,000 $PSF $1,895 DOM 68 DOM START $ $5,195,000 START 06/18/21
Address 117 Crest Drive BD/BA 4br/5ba SQFT 2520 sqft LOT 1666 PRICE $4,399,000 $PSF $1,746 DOM 48 DOM START $ $4,495,000 START 06/17/21
Address 124 11th Street BD/BA 4br/5ba SQFT 3966 sqft LOT 2711 PRICE $7,950,000 $PSF $2,005 DOM 74 DOM START $ $9,450,000 START 07/15/21

(The listing photo featured at the top is for 224 32nd, recently down to $4.500M.)

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

The reason for this may seem obvious. 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. As a seller, you have to show buyers something. The time for waiting for people to come to you is past.

We're not going to sell short the volume or quantity of sales happening recently, though.

We already noted in our market update for Oct. 16-31 that there was a good sales pace for the period.

Below are the most recently posted deals/new escrows. (Email subscribers will probably need to view this post online to see the list.)

Yes, there are buyers out there.

Huge Ocean Views Views Views On This Beautifull...

428 36th Street

Manhattan Beach, CA

  • 4 BR
  • 5 BA
  • 4,064 SqFt.
  • 2,702 Lot

$4,690,000

Active Under Contract

Price:
$4,690,000
BR/BA:
4br / 5ba
Sq. ft.:
4,064
Area:
142 - Manhattan Bch Sand
City:
Manhattan Beach
DOM:
94
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 2211 Vista Drive BD/BA 3br/4ba SQFT 2250 sqft LOT 3509 PRICE $2,699,000 $PSF $1,200 DOM 10 DOM START $ $2,699,000 START 09/17/21
Address 3405 Bayview Drive BD/BA 3br/5ba SQFT 3250 sqft LOT 1750 PRICE $6,799,000 $PSF $2,092 DOM 3 DOM START $ $6,799,000 START 09/24/21
Address 1325 11th Street BD/BA 4br/2ba SQFT 1423 sqft LOT 5063 PRICE $1,799,000 $PSF $1,264 DOM 21 DOM START $ $1,799,000 START 09/03/21
Address 2304 Elm Avenue BD/BA 5br/4ba SQFT 3349 sqft LOT 4481 PRICE $3,595,000 $PSF $1,073 DOM 14 DOM START $ $3,595,000 START 09/13/21
Address 768 Rosecrans Avenue BD/BA 3br/1ba SQFT 872 sqft LOT 4481 PRICE $1,499,000 $PSF $1,719 DOM 22 DOM START $ $1,599,000 START 08/18/21
Address 511 N Dianthus Street BD/BA 3br/3ba SQFT 1907 sqft LOT 3249 PRICE $2,295,000 $PSF $1,203 DOM 46 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 14 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 450 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
Address 1540 1st Street BD/BA 5br/6ba SQFT 4525 sqft LOT 7509 PRICE $4,699,000 $PSF $1,038 DOM 3 DOM START $ $4,699,000 START 08/31/21
Address 2101 Agnes Road BD/BA 5br/5ba SQFT 4671 sqft LOT 4981 PRICE $4,850,000 $PSF $1,038 DOM 10 DOM START $ $4,850,000 START 09/17/21
Address 1603 6th Street BD/BA 6br/5ba SQFT 5656 sqft LOT 8635 PRICE $3,999,999 $PSF $707 DOM 20 DOM START $ $3,999,999 START 09/07/21
Address 3600 Pine Avenue BD/BA 4br/2ba SQFT 1550 sqft LOT 4640 PRICE $1,995,000 $PSF $1,287 DOM 18 DOM START $ $1,995,000 START 09/09/21
Address 3509 N Poinsettia Avenue BD/BA 4br/4ba SQFT 2624 sqft LOT 6203 PRICE $2,850,000 $PSF $1,086 DOM 8 DOM START $ $2,850,000 START 09/08/21
Address 1746 9th Street BD/BA 4br/4ba SQFT 3532 sqft LOT 7500 PRICE $3,499,000 $PSF $991 DOM 5 DOM START $ $3,499,000 START 09/09/21
Address 428 36th Street BD/BA 4br/5ba SQFT 4064 sqft LOT 2702 PRICE $4,690,000 $PSF $1,154 DOM 94 DOM START $ $4,750,000 START 06/25/21
Address 651 15th Street BD/BA 3br/2ba SQFT 1696 sqft LOT 4967 PRICE $2,599,000 $PSF $1,532 DOM 119 DOM START $ $2,849,000 START 05/05/21
Address 918 N Peck Avenue BD/BA 5br/5ba SQFT 3586 sqft LOT 5744 PRICE $3,545,000 $PSF $989 DOM 31 DOM START $ $3,545,000 START 08/10/21
Address 4104 Highland Avenue BD/BA 3br/4ba SQFT 2560 sqft LOT 1800 PRICE $2,800,000 $PSF $1,094 DOM 26 DOM START $ $2,800,000 START 09/01/21
Address 870 Rosecrans Avenue BD/BA 3br/3ba SQFT 1894 sqft LOT 5971 PRICE $1,888,000 $PSF $997 DOM 12 DOM START $ $1,888,000 START 08/27/21
Address 428 Altura Way BD/BA 4br/2ba SQFT 3007 sqft LOT 7915 PRICE $3,199,000 $PSF $1,064 DOM 472 DOM START $ $3,999,000 START 06/04/20
Address 609 15th Street BD/BA 5br/4ba SQFT 3200 sqft LOT 6180 PRICE $3,299,000 $PSF $1,031 DOM 24 DOM START $ $3,299,000 START 09/03/21
Address 234 Larsson Street BD/BA 3br/3ba SQFT 2307 sqft LOT 6878 PRICE $1,999,000 $PSF $866 DOM 31 DOM START $ $1,999,000 START 08/27/21
Address 647 15th Street BD/BA 5br/4ba SQFT 3669 sqft LOT 5042 PRICE $4,150,000 $PSF $1,131 DOM 46 DOM START $ $4,150,000 START 08/12/21
Address 4230 The Strand BD/BA 3br/3ba SQFT 1606 sqft LOT 3500 PRICE $2,900,000 $PSF $1,806 DOM 30 DOM START $ $2,900,000 START 08/28/21
Address 1659 6th Street BD/BA 6br/6ba SQFT 5255 sqft LOT 7457 PRICE $3,699,000 $PSF $704 DOM 66 DOM START $ $3,699,000 START 07/23/21
Address 30 Monterey Court BD/BA 2br/2ba SQFT 1474 sqft LOT 0 PRICE $1,339,000 $PSF $908 DOM 3 DOM START $ $1,339,000 START 08/26/21
Address 2617 Vista Drive BD/BA 4br/4ba SQFT 2630 sqft LOT 0 PRICE $4,650,000 $PSF $1,768 DOM 0 DOM START $ $4,650,000 START 08/26/21
Address 228 20th Street BD/BA 5br/5ba SQFT 4144 sqft LOT 2700 PRICE $5,499,000 $PSF $1,327 DOM 101 DOM START $ $5,995,000 START 06/15/21
Address 1461 Manhattan Beach Boulevard B BD/BA 2br/2ba SQFT 1299 sqft LOT 5509 PRICE $1,050,000 $PSF $808 DOM 40 DOM START $ $1,110,000 START 06/30/21
Address 2215 Bayview Drive BD/BA 4br/4ba SQFT 2630 sqft LOT 3505 PRICE $4,600,000 $PSF $1,749 DOM 21 DOM START $ $4,600,000 START 07/29/21
Address 620 12th BD/BA 5br/5ba SQFT 4537 sqft LOT 2998 PRICE $6,000,000 $PSF $1,322 DOM 37 DOM START $ $6,000,000 START 08/21/21
Address 436 7th Street BD/BA 4br/4ba SQFT 3053 sqft LOT 2707 PRICE $5,395,000 $PSF $1,767 DOM 1 DOM START $ $5,395,000 START 08/19/21
Address 3504 Laurel Avenue BD/BA 3br/3ba SQFT 3041 sqft LOT 4643 PRICE $2,750,000 $PSF $904 DOM 54 DOM START $ $2,750,000 START 08/04/21
Address 508 The Strand BD/BA 5br/6ba SQFT 4325 sqft LOT 3337 PRICE $19,900,000 $PSF $4,601 DOM 193 DOM START $ $19,900,000 START 03/18/21
Address 224 32nd Street BD/BA 4br/5ba SQFT 4268 sqft LOT 2698 PRICE $7,000,000 $PSF $1,640 DOM 327 DOM START $ $7,499,000 START 07/17/20
Address 636 23rd Street BD/BA 4br/3ba SQFT 2473 sqft LOT 4383 PRICE $2,755,000 $PSF $1,114 DOM 102 DOM START $ $2,755,000 START 06/17/21
Address 429 31st Street BD/BA 4br/5ba SQFT 4246 sqft LOT 2705 PRICE $3,699,000 $PSF $871 DOM 460 DOM START $ $3,799,000 START 06/24/20
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 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 516 21st Street BD/BA 4br/4ba SQFT 3540 sqft LOT 3772 PRICE $5,249,000 $PSF $1,483 DOM 89 DOM START $ $5,350,000 START 04/01/21
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 124 8th Street BD/BA 3br/2ba SQFT 1760 sqft LOT 2704 PRICE $5,199,000 $PSF $2,954 DOM 118 DOM START $ $5,199,000 START 06/01/21
Address 616 12th Street BD/BA 5br/5ba SQFT 4300 sqft LOT 2998 PRICE $6,500,000 $PSF $1,512 DOM 110 DOM START $ $6,500,000 START 06/09/21
Address 3316 Vista Drive BD/BA 4br/3ba SQFT 2156 sqft LOT 2697 PRICE $2,650,000 $PSF $1,229 DOM 24 DOM START $ $2,750,000 START 03/29/21
Address 614 The Strand BD/BA 4br/3ba SQFT 2128 sqft LOT 3406 PRICE $13,000,000 $PSF $6,109 DOM 76 DOM START $ $13,000,000 START 03/04/19

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