Manhattan Beach, CA 90266 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The median sold price 3,290,500 serves as the primary market-value signal for Manhattan Beach and indicates that recent transaction activity is concentrated well below prevailing asking levels, so sellers should consider aligning list price expectations with recent closed sales to avoid extended marketing time pricing friction.
2. Despite a median listing price 4,399,000 that shows elevated seller expectations relative to recent transactions, the market remains characterized by a market temperature hot and up price momentum, suggesting properly priced listings can still capture strong buyer interest and transact efficiently.
3. The median days on market 354 points to slower sales velocity than typical hot-market benchmarks; this longer time on market may indicate a need for aggressive marketing, tighter pricing, or targeted incentives to accelerate closings moderate selling cadence.
4. With a median price per square foot 1,461, a median market rent 4,200, a moderate interest-rate environment described as interest rate pressure moderate, and current mortgage rates averaging approximately 6.5% to 6.6%, investor and owner-occupier strategies should emphasize yield sensitivity and financing flexibility when assessing acquisition or disposition timing.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.